Primary Purpose 

The new intermediate Procurement & Vendor Management Analyst colleague operates under the supervision of more senior colleagues to ensure sourcing and procurement activities are executed in accordance with the appropriate governance framework and objectives.

Partners inside the team and across the entire company with peers to provide end-to-end category procurement, commodity sourcing, and where needed (detailed) vendor management support.  
Activities include gathering business requirements and financial details, performing market assessments, determining contract vehicles, negotiation strategy, vendor selection, and onboarding.  

Assist with developing, optimizing, and managing effective processes, workflows, data model & -quality, and procedures directly related to sourcing and procurement. 

Responsibilities 

  • Works together with more experienced peers and partially independent to execute category, commodity, or vendor-specific sourcing strategies for high-complexity transactions and drive this across functional organizations and business units to affect policies, processes, and procedures having an impact on revenue and profitability 
  • Works extensively in Ariba for vendor and contract lifecycle management 
  • Access contract documents (electronic and paper) to determine the existence and applicability of a current contract 
  • Assists with benchmarking to ensure proposed vendor solutions are competitive in the market
  • Performs market research to understand and document competitive vendor landscape and service capabilities
  • As part of a project team, ensures project milestones are met and benefits delivered; Resolves vendor issues that arise during implementations, acting as a liaison with Project and Divisional Management
  • Escalates issues as needed to senior staff and if needed Management
  • Assists  with benchmarking to ensure proposed vendor solutions are competitive in the market 
  • Performs market research to understand and document competitive vendor landscape and service capabilities 
  • As part of a project team, ensures project milestones are met and benefits delivered; Resolves vendor issues that arise during implementations, acting as a liaison with Project and Divisional Management 
  • Escalates issues as needed to senior staff and if needed Management
  • Assists with contract reviews working in conjunction with Subject Matter Experts and Business teams to ensure accurate deliverables, and risk mitigation while accounting for product and vendor lifecycles 
  • Establishes and maintains relationships with peers and stakeholders 
  • Duties include: managing catalogs, processing non-catalog requisitions, researching new Vendors, short-form agreements, and renewals, and identifying cost-save opportunities within managed programs 
  • Conforms with and abides by all regulations, policies, work procedures, instructions, and safety rules. 

Required Qualifications 

  • Bachelor's degree in business administration, operations management, or other directly applicable field or equivalent education/experience; 
  • At least 2-3 years of experience in (category) procurement, (strategic) sourcing and contract management;​
  • Exceptional written, interpersonal, and verbal communication skills
  • Ability to work effectively and create relationships across all levels of the organization and external parties;
  • Ability to work with teams across geographically dispersed locations;
  • Some experience with managing ambiguous situations and drive towards clarification;
  • Proven analytical and problem-solving skills, with a keen attention to detail;
  • Ability to succeed under pressure, set priorities, and meet deadlines in a rapid-paced environment;
  • Self-motivated with a positive attitude;
  • Proven ability to participate in multiple projects and support activities within a single job function.

Preferred Qualifications 

  • Experience in a shared services environment; 
  • Experience working with various electronic procurement tools.

What we offer: 

  • Competitive salary
  • Comprehensive health package
  • Brand new office at an excellent location
  • Hybrid working
  • Opportunities for growth and advancement
  • A highly people-centric, positive, and supportive work environment

Aegon is an international financial service holding company headquartered in The Hague, the Netherlands. Our ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Our purpose is to help people live their best lives, a goal that runs through all of our activities. The company has multiple locations across the globe, with core markets in the UK and the US, partnerships in Spain & Portugal, Brazil, and China, and an Asset Management organization with locations in the UK, US, NL, and Hungary. In the Netherlands, Aegon generates value via strategic shareholding in a market-leading insurance and pensions company.

 

Aegon Global Business Solutions Center is supporting these businesses with IT, Finance, Risk, Model Validation, Actuarial, Audit, and Asset management services with a growing team of approx. 300 people, based in Budapest, Hungary.

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AGT Hungary IT Services LLC (HUN entity)