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Sr Procurement Analyst
Sr Procurement Analyst-July 2024
Cumberland
Jul 12, 2025
ABOUT CVS HEALTH
CVS Health is a healthcare innovation company. Together, we are helping people on their path to better health.
10,000+ employees
Healthcare
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About Sr Procurement Analyst

  Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

  This role will be a hybrid position based out of Woonsocket, RI, Cumberland, RI, Hartford, CT, Buffalo Grove, IL, Florham Park, NJ, or Scottsdale, AZ and candidates within a commutable distance to one of these locations will be required to be in office 2x weekly

  Position Summary

  CVS Health’s Enterprise Procurement department, a key function within the company’s Global Business Services organization, is in search of a Sr Procurement Analyst IT Labor Services Team.

  In this role, you will be responsible for leading the execution of a broad array of RFx events for indirect products and services within the IT, Digital, Security, Data and Analytics organizations. In addition to executing a large variety of sourcing events, this role will also be responsible for providing analytical and project management support to sourcing leadership and assist with category management activities such as pipeline development, data management, and expiring contract reviews.

  This role reports directly to the Lead Director – IT Labor Services, and will work in a team environment that provides support and guidance to ensure that Strategic Procurement is effectively serving its internal stakeholders.

  The Strategic Sourcing team manages over $9B in annual indirect spend across a range of IT and non-IT categories that support key business units across the enterprise (Retail, PBM, Insurance, Specialty/Clinical, etc.). As a Sr Procurement Analyst on the Sourcing team, you should have an enterprise mindset, possess an entrepreneurial self-starting mentality, and be a strong communicator who is able to establish lasting relationships with business leaders as well as internal and external stakeholders.

  Key Responsibilities:

  Execute and lead a variety of sourcing events in support of category

  Provide analytical support to category leaders on RFx events and major initiatives

  Support category management activities (expiring contract review, pipeline development, opportunity assessment, etc.)

  Provide project management and communication support to category leaders (project tracking, meeting minutes, etc.)

  Compile scope of work and requirements, analyze and evaluate vendor proposals, and negotiate final commercial terms

  Develop and confidently present analysis - both quantitative and qualitative - to Procurement and Business leadership to obtain approval to award business

  Effectively communicate and demonstrate Strategic Sourcing's value proposition to internal business partners/stakeholders

  Required Qualifications

  1+ years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, or Management Consulting

  Ability to travel up to 15% for supplier presentations, site visits, and key department meetings at RI Headquarters (no more than quarterly)

  Preferred Qualifications

  Possess a strong business acumen and high level of problem solving and critical thinking skills

  Excellent verbal communication and interpersonal skills, with an ability to confidently and expertly interact with internal and external stakeholders

  Strong analytical ability, strategic thinker, learn and process new information quickly

  Ability to quickly capture, analyze, and summarize large data sets

  Strong organization and project management skills

  Shown ability to handle multiple tasks without direct supervision, while paying strong attention to detail and follow-up

  Intellectually curious, eager to gain new experiences, qualifications, and responsibilities

  Education

  Bachelor's degree required (preferably a major related to Management, Business, Economics, Supply-Chain, Finance, Accounting) or equivalent experience Business Overview

  At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

  We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.

  Pay Range

  The typical pay range for this role is:

  $43,700.00 - $107,200.00

  This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies. For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

  CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

  You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

  CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through [email protected] If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.

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