Vendor Management Consultant (Remote or Hybrid)

Company: Homesite
Location: Akron
Posted on: January 23, 2023

Job Description:

Homesite Insurance was founded in 1997 and was one of the first companies to enable customers to purchase home insurance directly online, during a single visit. Since then, we've continued to innovate rapidly to meet the needs of our customers and their changing expectations.One thing that's stayed the same since our founding: our commitment to our customers, partners and employees.Join us on our journey as we continue to grow into a powerful contender in the field of insurance.Compensation may vary based on the job level and your geographic work location.Compensation Minimum:$91,200Compensation Maximum:$152,000The Property Center of Excellence is seeking an experienced vendor management consultant with strong communication skills, leadership qualities and organizational abilities. This role is highly visible across the enterprise with responsibility to establish relationships with our product and underwriting vendors as well as business leads throughout the organization, and to reduce expenses through contract optimization, negotiation strategies and leveraging scale.

This position requires a proactive, highly motivated individual with an aptitude for strategic thinking and negotiation who can work independently and deliver impactful and timely results. The ideal candidate must be able to make an impact by working with stakeholders both internally and externally to execute efforts that positively impact our bottom line. The vendor management consultant will lead strategic efforts, create processes and procedures to gain efficiencies, and manage our property contracts and budget.Primary Accountabilities:Expense & Contract Management

• Reduce enterprise expenses through contract optimization, negotiation strategies and by leveraging scale across all operating companies
• Manage all property vendor relationships and monitor product performance in accordance with defined service level agreements
• Lead contract assessments, negotiation and execution
• Support annual budget creation by working with finance, Enterprise Sourcing & Procurement and business owners
• Monitor monthly budget spends versus actuals and drive understanding variance
• Manage invoice review and payment processStrategy & Consultation
  • Generate strategies including negotiation approach, mission definition and a new product scorecard to ensure understanding of financial impacts and possible risks of vendor consolidation
  • Partner with business owners and sourcing and procurement to review new vendor product opportunities and facilitate execution of agreements
  • Produce streamlined processes to gain efficiencies and generate synergies across all lines of business and impacted functional areas including the establishment of standardized enterprise contract targets
  • Collaborate with various functional areas and key stakeholders across all levels to ensure understanding and alignment of key vendor management aspects
  • Become SME for all vendor, contract and products managedVendor Oversight
    • Build and maintain centralized vendor management repository including enterprise vendor landscape
    • Develop key performance indicator reports and communicate to leadership teams and across operating companies
    • Partner with Enterprise Sourcing & Procurement, Auto Center of Excellence and legal to ensure documentation, processes and procedures are maintainedThis position may be considered for a full-time Remote or Hybrid work arrangement based on the selected candidate's location. We know flexibility is important to our employees and their families, and we will continue to offer flexibility in this flex office/home role. This approach will guide us in balancing the needs of the business, customers and our employees. Internal candidates encouraged to apply regardless of location.Preferred locations for this role include:Madison, WI; Chicago, IL; Boston, MA Minneapolis, MN; Denver, CO; Phoenix, AZ; Nashville, TN; Atlanta, GA; Seattle, WA; Las Vegas, NV; St. Joseph, MO; Kansas City, MO; St. Louis, MO; Green Bay, WI; Milwaukee, WI; Akron, OH; Keene, NH; Jacksonville, FL*Other locations and remote work will be considered#LI-RemoteWhen you work at Homesite you can expect benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, and a paid-time off program. In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Enterprise benefits.Stay connected: Join Our Enterprise Talent Community!

Keywords: Homesite, Akron , Vendor Management Consultant (Remote or Hybrid), Executive , Akron, Ohio