Vendor Management Associate
Job Description:
• Establish and maintain relationships with key vendors
• Negotiate contracts to ensure the company’s interests are protected and value is maximized
• Monitor vendor performance to ensure contractual obligations are met
• Identify and mitigate potential vendor risks
• Resolve any issues that may arise between the company and its vendors
• Develop and implement improvements to vendor management processes
• Conduct regular vendor evaluations to ensure that they are meeting the company’s standards
• Prepare and present reports on vendor performance
• Collaborate with other departments to ensure vendor alignment with company objectives
• Stay informed about market trends and advancements to inform vendor selection and management
Requirements:
• Bachelor’s degree in Finance, Business Administration or a related field
• 6 months to a year of related experience
• Certification in Supply Chain Management (CSCP) is preferred
• Knowledge Of Insurance Industry
• Business Portfolio Management
• Cost Reduction Techniques
• Procurement
• Contract Management
• KPI Tracking
• Financial Management
• Process Improvement
• Insurance Policy Review
• Training and Development
Benefits:
• Paid time off for company holidays, vacation, sick and personal days
• Paid parental leave
• Mental health services
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