Third Party Management Advisor

** - **Vendor Management:** - Provide strategic direction and governance for assigned supplier relationships - Track and monitor supplier performance against measures and guidelines - Drive governance and issue resolution for the assigned portfolio - Identify opportunities to improve the supplier governance approach - Perform recurring Business Review sessions with partners and suppliers - Manage supplier governance activities and perform supplier-facing assessments - Analyze supplier scorecards and surveys to measure performance - **Portfolio Management:** - Develop strong relationships with business customers - Facilitate discussions with senior leaders from Cigna and suppliers - Bring strategic thinking to Business Requirements, Agreements, and Statements of Work - Collaborate with sourcing teams for supplier performance management - Perform analysis on spend, expiring contracts, and renewals - Execute terminations and non-renewals of supplier agreements **Qualifications:** **Required Skills:** - Minimum 11 13 years experience in third party management or global procurement - Experience in developing relationships with Senior and Executive levels - Proficiency in drafting and reviewing contracts and agreements - Strong negotiation and third-party management skills - Excellent presentation and communication skills - Ability to prioritize workload in a fast-paced environment - Competence with Microsoft Word, Excel, and PowerPoint - Bachelors degree in supply chain management or related field **Desired Experience:** - Experience in health-related fields such as health services or insurance - Knowledge of HIPAA and related US Healthcare concepts - Exposure to Third Party Management systems and Contract Lifecycle Management systems - Experience working in a matrix organization and with internal partners - Experience in a broad range of indirect procurement categories *Location & Hours of Work:* - Full-time position, working 45 hours per week with expected overlap with US hours - Primarily based in the Innovation Hub in Hyderabad, India in a hybrid working model (3 days WFO and 2 days WAH) **About Evernorth Health Services:** Evernorth Health Services, a division of The Cigna Group, focuses on creating pharmacy, care, and benefit solutions to improve health and increase vitality. The organization aims to innovate to make the prediction, prevention, and treatment of illness more accessible to millions of people. *Equal Opportunity Statement:* Evernorth is an Equal Opportunity Employer actively encouraging and supporting staff involvement in diversity, equity, and inclusion efforts to educate, inform, and advance internal practices and external work with diverse client populations. As a Third-Party Management Advisor at Evernorth Health Services, a division of The Cigna Group, your role involves performing activities related to governance, vendor & risk management, portfolio, and relationship management processes. You will be accountable for implementing best practices to achieve business objectives and mitigate supplier risk across Cignas supplier ecosystem. **

** - **Vendor Management:** - Provide strategic direction and governance for assigned supplier relationships - Track and monitor supplier performance against measures and guidelines - Drive governance and issue resolution for the assigned portfolio - Identify opportunities to improve the supplier governance approach - Perform recurring Business Review sessions with partners and suppliers - Manage supplier governance activities and perform supplier-facing assessments - Analyze supplier scorecards and surveys to measure performance - **Portfolio Management:** - Develop strong relationships with business customers - Facilitate discussions with senior leaders from Cigna and suppliers - Bring strategic thinking to Business Requirements, Agreements, and Statements of Work - Collaborate with sourcing teams for supplier performance management - Perform analysis on spend, expiring contracts, and renewals - Execute terminations and non-renewals of supplier agreements **Qualifications:** **Required Skills:** - Minimum 11 13 years experience in third party management or global procurement - Experience in developing relationships with Senior and Executive levels - Proficiency in drafting and reviewing contracts and agreements - Strong negotiation and third-party management skills - Excellent presentation and communication skills - Ability to prioritize workload in a fast-pace