Procurement Contract Administrator
4 days ago
Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job CategoryOperationsCompensation OverviewThe annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range$81, $134, Target Openings What Is the Opportunity?The Procurement Contract Administrator is responsible for the validation portion of the contract data lifecycle. Accountable for contracts across the Company. Is seen as the subject matter expert for all contracts. Responds to inquiries and questions related to all contracts. Maintains strong relationships with internal and external clients, vendors, and departments.What Will You Do?- Responsible for quality assurance for all contracts. Ensures data is correct and contract reflects the agreement accurately by identifying and confirming key points within each contract.
- Works closely with Contract executive, sends contracts out to suppliers via Docusign, continues tracking until completion.
- Makes sure all necessary approvals are complete ensuring the process is accurate and all approvals have been obtained.
- Utilizes and operates Ariba Buyer. Is the subject matter expert for the contract process within the tool. Provides guidance and influences to help drive new functionality and process improvements.
- Coordinates all signatures for contracts and ensures all are documented in the system before they get processed. Troubleshoots issues with signatures.
- Partners with Business CFOs, Legal, and Technology departments frequently.
- Builds and deliver training sessions on sourcing components and system use. Creates and provides demonstrations.
- Drafts communications around best practices, change management, trainings and procedure changes.
- Perform other duties as assigned.
- 6+ years managing contracts preferred.
- Experience with Ariba Buyer or similar contract platform preferred.
- Strong attention to detail.
- Ability to work in a highly confidential environment.
- Bachelor's Degree required.
- A minimum of 4 years' experience working in sourcing, procurement, contract, or related field.
- Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
- Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit
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