Buyer

This role will have responsibility for purchasing goods, materials, and services to ensure that the company's operational needs are met. The Buyer is a subject matter expert in Verisk’s end to end procurement process, supporting both business stakeholders and the wider SSP Team in issuing POs.

This role reports to the Head of Vendor Management with input and support from the Senior Buyer.

1. Procurement of Goods and Services

• Purchase services supporting IT and Corporate Spend Categories
• Ensure purchases align with budget, compliance, and strategic goals

2. Supplier Management

• Identify and evaluate third-party vendors
• Negotiate commercial terms
• Monitor vendor performance and compliance with contracts
• Manage renewals, escalations, and dispute resolution

3. Cost Optimization and Budget Control

• Identify cost-saving opportunities without compromising service quality
• Perform cost-benefit analyses and total cost of ownership assessments
• Monitor spend against budget and forecast future procurement needs

4. Stakeholder Collaboration

• Engage with internal stakeholders to understand needs and priorities
• Act as a trusted advisor in procurement-related decisions

5. Compliance and Risk Management

• Ensure all purchases comply with internal and external regulatory and compliance policies
• Analyze data and make useful recommendations to improve process and procedures
• Evaluate and mitigate vendor risk (e.g., financial stability, data handling)