What are the responsibilities and job description for the Enterprise Sourcing & Procurement Intern position at Medica?
Medica is a non-profit health insurance company headquartered in Minnetonka with offices in Madison and Omaha. The company is active across the heart of America and provides healthcare coverage in multiple markets. Medica is engaged in our communities through the charitable grant-making work of the Medica Foundation and active employee giving and volunteer programs.
Medica will host a 12-week, paid Internship Program. Interns will have the opportunity to network within Medica and with other Interns through weekly Lunch-and-Learns and opportunities to hear from Executives. We strive to offer a well-rounded education of the inner workings of a health plan. Each internship offers a meaningful experience and impactful projects you’ll be able to discuss with future employers. At Medica, we look forward to our Summer Internship Program each year.
Department Introduction:
The Enterprise Sourcing & Procurement Team at Medica works to optimize cost, ensure quality, and drive value in third-party vendor relationships, while also mitigating risk and enabling continuous improvement. This team manages across end-to-end procurement lifecycle, including demand management, strategic sourcing, category management, vendor contracting and negotiations, vendor management (both risk and performance), and connections to payment.
Work Expectations:
- Support Procurement Processes: Assist in the documentation and improvement of procurement processes, including sourcing, category management, and vendor management
- Data Analysis and Reporting: Help analyze procurement data and prepare/communicate reports to support decision-making
- Contract Management: Assist in managing contracts, including drafting, reviewing, and ensuring compliance with procurement policies and procedures
- Procurement Technology Transition: Help with implementation of and transition from current contract management tool to a new end-to-end procurement tool for all of Medica to use
- Project Support: Participate in various additional procurement initiatives and projects as assigned, providing administrative and logistical support to ensure successful execution
- Team Collaboration: Work closely with different departments, including finance, legal, and IT, to support cross-functional procurement activities and ensure alignment with business goals
These tasks are designed to provide the intern with a comprehensive understanding of procurement operations and help develop skills that are essential for a career in sourcing and vendor management. This role is in office in Minnetonka 3 days per week.
Qualifications:
- Majoring in Business, Supply Chain, Procurement, or a related field
This position is an Office role, which requires an employee to work from the designated office – Minnetonka, MN – , on average, 3 times per week.
We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.
