Clinical Team - Strategic Sourcing Analyst

Anticipated End Date:

2026-08-05

Position Title:

Clinical Team - Strategic Sourcing Analyst

Job Description:

Strategic Sourcing Analyst

Location: Indianapolis, IN

This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless accommodation is granted as required by law.

The Strategic Sourcing Analyst is responsible for supporting procurement, the development and implementation of sourcing strategies, vendor evaluations, negotiations and contracting for the enterprise while supporting specific sourcing projects and initiatives.

This position will play a critical role in one of the organization's strategic transformation initiatives, requiring extensive analytical support, data modeling, and reporting to drive informed sourcing decisions. The role is expected to be instrumental in achieving the initiative's savings targets while ensuring sourcing strategies aligning with enterprise objectives and delivering measurable business value.

How you will make an impact:

• Conducts RFx (Request for Proposal) events and solicits quotes from vendors and documents price reasonableness.

• Compiles and analyzes data to prepare presentation materials in support of projects.

• Performs market surveys by gathering and compiling market and financial information on categories and potential vendors.

• Recommends appropriate course of action to senior purchasing/sourcing leaders.

• Maintains profile of the diverse vendors in support of Elevance Health’s supplier diversity goals.

• Negotiates and drafts contract documents

• Support key Government and Commercial product initiatives representing more than $500 million in managed spend.

• Conducts complex spend and market analyses, develops sourcing insights, supports supplier performance management, and partners with cross-functional stakeholders to identify and implement cost optimization opportunities.

Minimum Qualifications:

• Requires a BA/BS: 0-3 years relevant strategic sourcing, vendor management or procurement experience; at least 1 summer or semester internship or any combination of education and experience, which would provide an equivalent background. Any direct work experience/internship within the Strategic Sourcing department is preferred.

Preferred Skills, Capabilities and Experiences:

• Excellent written and verbal communication skills

• Ability to apply problem-solving, analytical, and organizational skills

• Ability to develop public speaking and presentation skills

• Previous Elevance Health Internship experience

Job Level:

Non-Management Exempt

Workshift:

Job Family:

PUR > Sourcing

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process should submit the following form: Accessibility Accommodation Request Form and a member of the team will be in contact. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.

NOTE: Workday keeps job postings active through 11:59:59 PM on the day before the listed end date. Example: If the end date is 3/13, the posting will automatically come down on 3/12 at 11:59:59 PM. In other words — the job is posted until 3/13, not through 3/13.