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Specialist, Vendor Management

Sun Life Financial · U.S. Employees (Remote)
Full-timeFinance & InsuranceMid Level$53,800–$80,700/yr
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About the Specialist Vendor Management role

Specialist Vendor Management positions focus on delivering results in their domain. This page aggregates open Specialist Vendor Management roles and what employers typically expect.

Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 50 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. We have more than 6,400 employees and associates in our partner dental practices and operate nationwide. [Visit our website to discover how Sun Life is making life brighter for our customers, partners and communities.](https://www.sunlife.com/us/en/) **Job Description:** Sun Life embraces a hybrid work model that balances in-office collaboration with the flexibility of virtual work in the contiguous states plus AK. **The opportunity:** Specialist, Global Vendor Partnership supports the Manager, GVP and their business stakeholders in managing and overseeing suppliers. This role is responsible for working with existing vendors as well as our internal stakeholders (business leaders, legal, sourcing, ORO, finance, etc.) on all things related to vendors. This role will also be responsible for tracking and reporting our vendor activity, spend, etc. The role will be expected to bring forward ideas on how to improve the process. **How you will contribute:** - Oversee contract pipeline for renewals and terminations - Regular business partner reviews to assess supplier performance, identify and address issues, plan for supplier lifecycle - Support renewal/termination plans, ensure on track and escalate quickly when issues arise to address in timely manner - Communicate termination notifications to suppliers, validate contractual requirements known and met by both parties - Onboard new supplier contracts into the contract pipeline and oversight - Provide guidance on terms within the contracts - clarify to business what can/cannot be done, answer questions raised by business – escalate to manager as needed - Support request for information by the business (audits, regulatory reporting, etc.) - Ensure business requirements have been captured accurately for renewal or termination - Ensure contract records accurate - Support the development of supplier good practices and templates within GPP and business - Support manager to ensure alignment with GPP category management team in identifying opportunities (cost, savings) and planning renewal timelines **What you will bring with you:** - Strong communication and interpersonal skills - Ability to thrive as part of a team responsible for a new process - Ability to work cross functionally and collaborate effectively with business partners - Proven success influencing peers, vendors and stakeholders - Ability to manage competing priorities, work effectively and independently within time constraints - Detailed oriented with strong organizational skills - Analytical and Problem-Solving Skills: A proven ability to interpret data, identify trends, and resolve issues to improve performance and enhance supplier efficiency. - Contract Management Expertise: Demonstrable post-deal contract management experience, including ensuring adherence to contract terms and managing a vast portfolio of IT contracts renewal. - Commercial Acumen: Proven ability to deliver cost efficiency and added value from contract management, with a sound understanding of financial and business principles. - Mindset of Continuous Improvement. **Salary:** $53,800 - $80,700At our company, we are committed to pay transparency and equity. The salary range for this role is competitive nationwide, and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined based on your unique skills, qualifications, experience, education, and geographic location. In addition to your base salary, this position is eligible for a discretionary annual incentive award based on your individual…

Salary estimate

$53,800 – $80,700/yr
Provided by the employer.

Skills for this role

Communication

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About Sun Life Financial

Sun Life Financial is actively hiring on Jobedly. Explore their open roles and what it's like to work there.

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