Vendor Management Specialist (Hybrid)

Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.

Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you. 

Who we are

At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups.

Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.

The opportunity

We currently have an opportunity for a Vendor Management Specialist to join our Corporate Finance team based in our Plymouth, MN office. This position is part of the Procurement / Vendor management team with primary responsibilities focused contract management from RFX to contract execution and award. The position will assist in the management of the Third-Party Risk Management process, with demonstrated knowledge of contract management and spend analytics. Some of the Vendor Management Specialist responsibilities include but are not limited to:

• Manage procurement intake requisition requests from RFP to contract award
• Negotiates favorable terms and conditions on vendor contracts by performing a detailed review, including engaging corporate legal as needed.
• Engages with various company internal stakeholders and external vendors to execute contracts and misc agreements.
• Obtains required approvals and executes per the department policies and procedures.
• Works in various procurement tools and systems to store and maintain procurement data
• Performs vendor source pricing analysis by performing market research.
• Reports and tracks procurement metrics. Pulls reports from various systems and creates dashboard reporting.
• Demonstrates knowledge of spend analytics.
• Collects and processes data and provides managers with all necessary company management data and information.
• Processes Third Party Risk Management (TPRM) intake requests by working with internal stakeholders, vendors and the TPRM processing team.

The expertise you bring

• Bachelor’s degree required
• 3-5 years of experience; prior experience in third party risk management, vendor management or procurement required
• Must have general knowledge of the laws and regulations governing vendor management and a basic understanding of contract management.  Demonstrated understanding of the RFx Process.
• Knowledge and basic understanding of contract management repository platforms.

Our salary ranges are determined by many factors including location, role, experience, and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires, but your recruiter will share more specific compensation information with you during the hiring process. The typical base salary range for this position is: $61,000 – $86,000, based on the factors aforementioned. For candidates located in San Francisco, CA; Hoboken, NJ; and the New York City metro area, the base salary range is $77,000 -$89,000. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to:

• Comprehensive medical, dental and vision insurance with no waiting period
• Competitive paid time off programs
• 401(k) savings and annual contributions of up to 12% of annual salary
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

Why choose Intact

We live our Values:  We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility.

Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what’s right to build an inclusive society.

Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance. 

Check out our Glassdoor reviews to see why people love working for Intact!

Our promise to you

Our Values are foundational to our success at Intact. You’ll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself.

In return, we promise you support, opportunities and performance-led financial rewards in a flexible work environment where you can:

• Shape the future: Help us lead an insurance transformation to better protect people, businesses and society.
• Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.
• Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.

About Intact 

At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.

#LI-US

#LI-DA1

#LI-HYBRID

Salary : $77,000 - $89,000