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Procurement Data Analyst
Description
The Procurement Data Analyst is an integral part of the Procurement team, responsible for providing accurate, timely, and high-quality data, reporting, and analytical support for category management and sourcing activities.
Operating within a matrix structure and a centralised Procurement Analytics Centre of Excellence, this role is aligned with Procurement Category Managers on day-to-day analytical delivery. Additionally, it supports standardised reporting, shared tools, and harmonised practices across the Procurement function. The role is hands-on and delivery-focused, with no direct people management responsibilities.
Key Responsibilities
Procurement Data & Spend Analytics
- Prepare, cleanse, and organise procurement data from sources including Coupa, finance systems, contracts, and spreadsheets
- Deliver accurate, repeatable spend analytics for procurement categories and business units
- Apply agreed data definitions, classifications, and methodologies consistently
- Conduct data validation, reconciliation, and quality checks to ensure reliable outputs
Opportunity Identification & Value Support
- Analyse spend and supplier data to identify cost reduction and value creation opportunities
- Provide analytical inputs to Category Managers for sourcing strategies, negotiations, and business cases
- Support tracking, validation, and reporting of procurement savings and value delivery
Reporting, Dashboards & Tooling
- Develop, maintain, and update procurement dashboards and reports using Power BI
- Deliver standard recurring procurement reports and respond to ad hoc analytical requests
- Enhance reporting efficiency through automation and standardisation
Category & Stakeholder Support
- Provide comprehensive analytical support across procurement categories
- Deliver embedded analytical support specific to assigned categories
- Build effective working relationships with Finance to ensure up-to-date financial data and reporting
- Translate analysis into understandable insights for procurement and business stakeholders
- Support category planning, pipeline reviews, and performance discussions
- Coordinate with Finance for consistent procurement and financial reporting
Continuous Improvement & CoE Contribution
- Follow established analytics processes, templates, and documentation standards
- Contribute to improving data quality, reporting accuracy, and turnaround times
- Support knowledge sharing, handovers, and workload continuity within the Centre of Excellence
Skills, Knowledge & Expertise
Essential
- 3–7 years’ experience as a data analyst, procurement analyst, or in commercial analytics
- Experience supporting procurement, sourcing, or category management teams
- Strong hands-on expertise with unstructured, incomplete, or inconsistent data
- Advanced Excel skills, including Power Query, Pivot Tables, and complex formulas
- Practical experience with Power BI for dashboards and reporting
- Excellent analytical, numerical, and problem-solving abilities
- Ability to communicate data and insights to non-technical stakeholders
Desirable
- Experience working with Coupa data
- Exposure to SQL, Python, or similar data manipulation tools
- Understanding of procurement metrics, spend analysis, and sourcing concepts
Personal Attributes
- Detail-oriented, structured, and delivery-focused
- Comfortable in a shared services / Centre of Excellence setting
- Able to manage multiple requests and priorities across categories
- Commercially aware, practical, and outcome-focused
- Collaborative, reliable, and committed to continuous improvement
About Davies
We are a specialist professional services and technology firm, working in partnership with leading insurance, highly regulated and global businesses.
We help our clients to manage risk, operate their core business processes, transform and grow. We deliver professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation & risk, customer experience, human capital, digital transformation & change management.
Our global team of more than 8,000 professionals operate across ten countries, including the UK & the U.S. Over the past ten years Davies has grown its annual revenues more than 20-fold, investing heavily in research & development, innovation & automation, colleague development, and client service. Today the group serves more than 1,500 insurance, financial services, public sector, and other highly regulated clients.
We help our clients to manage risk, operate their core business processes, transform and grow. We deliver professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation & risk, customer experience, human capital, digital transformation & change management.
Our global team of more than 8,000 professionals operate across ten countries, including the UK & the U.S. Over the past ten years Davies has grown its annual revenues more than 20-fold, investing heavily in research & development, innovation & automation, colleague development, and client service. Today the group serves more than 1,500 insurance, financial services, public sector, and other highly regulated clients.
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