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Manager, Procurement

US-CO-Denver
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Our fast-paced and collaborative environment inspires us to create, think, and challenge each other in ways that make our solutions and our teams better. Whether you’re interested in engineering or development, marketing or sales, or something else – if this sounds like you, then we’d love to hear from you!

We are headquartered in Denver, Colorado, with offices in the US, Canada, and India.

Wage Notice $80,000 - $110,000 + VIP Bonus Job Description

$80,000 - $110,000 / year

Vertafore is a leading technology company whose innovative software solutions are advancing the insurance industry. Our suite of products provides solutions to our customers that help them better manage their business, boost their productivity and efficiencies, and lower costs while strengthening relationships.

Our mission is to move InsurTech forward by putting people at the heart of the industry. We are leading the way with product innovation, technology partnerships, and focusing on customer success.

Our fast-paced and collaborative environment inspires us to create, think, and challenge each other in ways that make our solutions and our teams better.

We are headquartered in Denver, Colorado, with offices across the U.S., Canada, and India.

We're seeking a Procurement Manager to support our organization with contract negotiation, procurement processing, vendor management and assessment, and expense planning and analysis. In this position, you will work closely with our Finance, Legal, and FP&A teams along with business leaders across the organization to ensure they are receiving the goods and services they need to run the business at the best price possible, partner with senior leaders to find the best vendors to meet our needs, as well as providing in-depth analyses to support expense management and planning. 

Core Requirements and Responsibilities:  

Essential job functions include but  not limited to: 

 

  • Understand the needs of the business to procure the best equipment and services possible at the best price available 

  • Lead and/or facilitate negotiations with Vendors for all categories of spend 

  • Manage workflows related to purchase requests and approvals, order and contract execution, and purchase order issuance  

  • Develop internal and external Procurement policies and procedures, along with maintaining and upholding companywide communications and training sessions 

  • Maintain appropriate records within our financial management system and contract management system 

  • Work with vendors and our Accounts Payable team to ensure timely payment of invoices 

  • Develop and maintain financial analyses on Vertafore’s vendors spend 

  • Perform vendor reviews and identify opportunities for better expense efficiency 

  • Track contract end dates and proactively work to renew contracts on schedule 

  • Work with our Finance team and business leaders to develop accurate expense forecasts and plans 

  • Manage and maintain renewal tracker 

  • Manage and maintain savings tracker 

  •   Manage and develop one Procurement Analyst 

  • Other duties as assigned 

 Skills & Requirements

 Knowledge, Skills and Abilities:  

 

  • Strong presentation, reporting, and communication skills 

  • Demonstrated ability in leading successful negotiations 

  • Excellent organizational and time management skills 

  • Experience managing and developing people 

  • Proficient in spreadsheets, databases, Microsoft Office, and financial software applications 

  • Experience with statistical analysis, analytic reviews, and reporting   

  • NetSuite experience is a plus 

  • Excellent written and verbal communication skills at all levels of the organization, including senior leadership 

 

 

 

Qualifications:  

 

  • At least 5-7 years in working in procurement is required 

  • Previous management experience is preferred 

  • Proven experience partnering with executive management to achieve procurement goals 

  • Bachelor’s degree in Finance, Accounting, Economics, or related field or equivalent experience 

 

 

 Additional Requirements and Details:  

 

 

  • Located and working from an office location.  Should be able to commute to Denver office as needed 

  • Occasional lifting and/or moving up to 10 pounds.  

  • Frequent repetitive hand and arm movements required to operate a computer.  

  • Specific vision abilities required by this job include close vision (working on a computer, etc.). 

  • Frequent sitting and/or standing.  

THE VERTAFORE STORY

Over the past 50 years, Vertafore has advanced the entire insurance distribution channel with the best software solutions in the industry. Today, we’re proud to say hundreds of thousands of Vertafore users rely on our solutions to write business faster, reduce costs, and fuel growth by increasing collaboration and streamlining processes. Vertafore leads the industry with secure, cloud-based mobile products that provide superior reporting and analytics, delivering actionable insight— right when customers need it most. We partner with other leading technology companies to deliver comprehensive solutions to improve the way our customers do business and serve their customers.

The Vertafore Way

Insurance is about relationships, and technology should make those relationships stronger. That’s why, at Vertafore, it’s our mission to transform the way the industry operates by putting people at the heart of insurance technology. By focusing on our customers, becoming better every day, and delivering results you can see, we provide the level of trust and security that insurance is all about.

·        Bias to Action: We're united by an innate drive to take action and make a difference in the technology and insurance spaces.

·        Win Together: We work together as one team, showing empathy and respect along the way.

·        Show Up Curious: We work to challenge one another to push boundaries and think beyond the box.

·        Say It, Do It: We honor every one of our commitments because integrity is important to us.

·        Customer Success is Our Success: We cultivate authentic relationships and follow up by actively listening to their needs.

·        We Love Insurance: We appreciate the impact insurance has on the world.

Is this role not an exact fit for you? Keep an eye on our Careers Page for other positions!

Vertafore is a drug free workplace and conducts preemployment drug and background screenings.

The selected candidate must be legally authorized to work in the United States.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all the job responsibilities, duties, skill, or working conditions. In addition, this document does not create an employment contract, implied or otherwise, other than an "at will" relationship. 

Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

We do not accept resumes from agencies, headhunters, or other suppliers who have not signed a formal agreement with us.

 Qualifications Vertafore is a Flexible First working environment which allows team members to work from home as often as you’d like, while using our offices as a place for collaboration, community, and teambuilding. There are times you may be asked to come into an office and/or travel for specific meetings for a specific business purpose and this varies by job responsibilities.

The Professional Services (PS) and Customer Success (CX) bonus plans are a quarterly monetary bonus plan based upon individual and practice performance against specific business metrics.  Eligibility is determined by several factors including: start date, good standing in the company, and actives status at time of payout.

The Vertafore Incentive Plan (VIP) is an annual monetary bonus for eligible employees based on both individual and company performance.  Eligibility is determined by several factors including: start date, good standing in the company, and actives status at time of payout.

Commission plans are tailored to each sales role but common components include quota, MBO's and ABPMs.  Salespeople receive their formal compensation plan within 30 days of hire.

Vertafore is a drug free workplace and conducts preemployment drug and background screenings.

 

We do not accept resumes from agencies, headhunters or other suppliers who have not signed a formal agreement with us.

We want to make sure our recruiting process is accessible for everyone.  if you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact recruiting@vertafore.com

Just a note, this contact information is for accommodation requests only.

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