Advanced Senior IT Vendor Management Specialist

Salary: $100000.00 to $120000.00 yearly

Description

We are offering an exciting opportunity for an Advanced Senior IT Vendor Management Specialist in the Life Insurance industry at our workplace in Cincinnati, Ohio. In this role, you will be executing integral parts of the Vendor Management Program for our company, with a focus on high complexity/high spend vendors. You will be providing leadership and vision in the development and execution of the vendor management program for IT, including the documentation, implementation, and maintenance of the IT vendor management processes, standards, and metrics tracking.

Responsibilities

• Collaborate with leadership and business partners to establish clear IT Vendor Management program goals, and ensure these goals are communicated internally so stakeholders are aware of expectations.
• Develop, operate, and maintain the IT Vendor Management Program as it relates to high complexity/high spend vendors.
• Facilitate the completion of vendor classifications and vendor risk assessments; assist with the fulfillment of various vendor oversight requirements at the time of vendor relationship initiation, and requirements specific to contract renewal.
• Act as the primary point of contact for IT vendor relationship owners, formalizing direct relationships and clear communication between strategic IT vendors and internal resources and stakeholders.
• Manage IT vendor relationships and resolve escalated IT vendor-related issues with a focus on high complexity/high spend vendors.
• Oversee vendor engagement involved in projects and programs including developing and managing the RFI/RFP process, developing strategy and approach to score, management of the procurement process, contract negotiation, and successful vendor relationship management and communication.
• Review and propose updates to Vendor Management policies and programs to ensure compliance with regulatory and other stakeholder expectations.
• Participate in ongoing training of business units and shared service units to ensure all departments are aware of vendor oversight.
  
  
  

Requirements

• Minimum of 7 years related experience in IT vendor management within the life insurance industry
• Proven expertise in corporate procurement strategies and their applications
• Demonstrated ability in executing purchasing functions effectively
• Experience in purchasing materials in line with the company's needs and budget
• Proficiency in purchasing planning to ensure timely acquisition of resources
• Familiarity with the development and implementation of purchasing strategies
• Ability to support purchasing processes in a large-scale corporate setting
• Practical knowledge of purchasing procurement procedures and best practices.
  
  
  

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