Third Party Management Associate Advisor - HIH Evernorth

Overview

Perform supplier governance, supplier issue management, supplier performance management, and contract-related activities within the Third Party Management function.

What you'll do

• Perform supplier governance tasks within the TPM tool for assigned suppliers, including supplier profiling, research, spend reviews, and other assigned tasks.
• Perform vendor-facing assessments, including SLA reviews, business continuity plan reviews, contact updates, insurance certificate reviews, and other assessments as needed.
• Manage and analyze supplier scorecards and surveys to measure supplier performance and sentiment within the Enterprise.
• Assist TPM team members and leaders with day-to-day supplier management, supplier issue resolution, performance management, and other activities as needed.
• Collaborate with sourcing teams, other TPMs, and business requesters to assist with supplier performance management and negotiations as needed.
• Perform reporting and analysis on spend and supplier portfolios as needed.
• Analyze expiring contracts, renewals, and other contract pipeline data to support business areas and strategic sourcing.
• Execute terminations and non-renewals of supplier agreements, ensuring appropriate steps are taken to offboard supplier services.

What you'll need

• Strong written and verbal communication skills, with the ability to interact with all levels of the organization.
• Strong skills in understanding legal and commercial supplier contract terms and conditions.
• Strong interpersonal and relationship management skills.
• Strong time and project management skills.
• Broad knowledge of procurement, including onboarding, contracting, payment, and basic operations.
• 5+ Years of relevant experience.
• Contracting or vendor management experience within indirect procurement.
• Experience with procurement or third-party management in an onshore/offshore model.
• College degree (Bachelor) in related technical/business areas or equivalent work experience.
• Exposure to Third Party Management systems such as ProcessUnity, Ariba or similar Procurement systems, and Icertis or similar Contract Lifecycle Management (CLM) systems.
• Experience working with a matrix organization and other internal partners to execute on goals.
• Experience in a broad range of indirect procurement categories such as health & wellness, business process outsourcing, technology, corporate services, and others.

Nice to have

• Experience in health-related fields such as health services, health insurance, pharmacy benefits management, and related fields.
• Experience with HIPAA, Business Associate Agreements (BAAs), and other related US Healthcare concepts.
• Experience with Purchase Order terminology and Procure-to-Pay processes and industry standards.
• Coaching and mentoring of team members.
• Industry certifications such as SIG, CSCP, CPM or similar.

Details

• Full-time position.
• Working 45 hours per week.
• Expected shift is 1PM–10PM India Standard Time to partially overlap with US hours as appropriate.
• Primarily based in the Innovation Hub in Hyderabad, India.
• Hybrid working model: 3 days WFO and 2 days WAH.