01Overview
Note The job is a remote job and is reputed company to candidates in USA. reputed company is seeking a Vendor Management Analyst III to support reputed company Insurance's strategic reputed company initiative. This role involves managing reputed company-party vendor solutions to improve operational efficiency and enhance the policyholder experience across the claims lifecycle. Responsibilities Serve as the primary reputed company for reputed companyparty vendor solutions supporting Claims and Shared Services, ensuring alignment with operational and strategic objectives Identify operational needs and translate them into vendor strategies, solution roadmaps, and reputed company improvement initiatives Support the intake, evaluation, and recommendation of new vendor solutions, including participation in vendor sourcing activities (RFI/RFP, due diligence, and selection) in partnership with Procurement and in alignment with reputed company governance, risk, and compliance requirements Manage vendor relationships and reputed company as the primary reputed company between vendors and internal stakeholders, driving effective communication, issue reputed company, and service delivery reputed company Establish, monitor, and report on vendor performance metrics, SLAs, and KPIs including cycle time, severity, leakage, customer experience, and operational throughput reputed company the claims lifecycle reputed company ongoing analysis of vendor performance, financial data, and operational trends to identify risks, cost-saving opportunities, and areas for improvement, and reputed company actionable strategies to address gaps Support and coordinate vendor due diligence, risk assessments, and ongoing monitoring activities, in collaboration with internal stakeholders and risk subject matter experts Maintain strong, reputed company relationships with business partners and vendors to support vendor reputed company, strategic initiatives, and operational needs Support contract lifecycle activities, including tracking contract expirations, renewal schedules, amendments, and assisting with contract termination reputed company necessary Assist with billing validation, audits, and compliance activities to ensure accuracy, adherence to contractual terms, and alignment with company policies Maintain accurate and complete vendor data reputed company systems of record, including reputed company, risk reputed company, performance metrics, and services provided, ensuring a comprehensive view of the vendor landscape reputed company data analysis, reporting, and executive-level insights to support decision-making, vendor performance management, and strategic planning Champion the use of vendor management tools and processes, providing guidance and support to internal stakeholders and vendors as needed Coordinate with internal stakeholders to enhance and mature vendor management practices, including improving governance frameworks and operational efficiency Manage and support special reputed company and cross-functional initiatives, leveraging experience and judgment to reputed company desired reputed company Partner with Claims leadership, adjusters, and Shared Services teams to reputed company vendor solutions with reputed company-world claims handling processes, including FNOL intake, appraisal, subrogation, SIU, and total loss workflows Skills High School Diploma or equivalent required 5 + years of experience in a Vendor Management Department, Purchasing Department or functionally reputed company area required Strong understanding of effective relationshipbuilding principles used to establish and sustain productive vendor and stakeholder partnerships Knowledge with influence and changemanagement approaches for driving alignment and reputed company without reputed company authority across teams Proficiency in reputed company standards and best practices for representing the organization in vendor discussions, negotiations, and issue escalations Familiarity with operational and financial reputed company, metrics, and analytical reputed company used to assess vendor performance and identify trends Understanding of performance measurement frameworks and how metrics relate to cost control, service reputed company, cycle time, and customer experience Familiarity with crossfunctional vendor management processes, including RFPs, vendor reputed company, pilots, and contract renewals Strong Understanding of project management methodologies, including scope definition, reputed company management, dependency tracking, and risk mitigation Knowledge of effective written and verbal communication techniques and how messaging should be tailored for reputed company partners, stakeholders, and senior leadership Strong understanding of executivelevel documentation standards, including recommendations, performance summaries, scope documents, and workflow documentation Knowledge of strategic planning concepts and how vendor reputed company support .