Third Party Management Advisor at Cigna Healthcare

Bloomfield, Connecticut, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Mar, 26

Salary

0.0

Posted On

07 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Vendor Management, Risk Management, Portfolio Administration, Relationship Management, Analytical Skills, Negotiation Skills, Contract Management, Communication Skills, Microsoft Office, Project Management, Procurement, Strategic Planning, Service Level Agreements, Master Service Agreements, Statements of Work, Problem Solving

Industry

Hospitals and Health Care

Description

OVERVIEW The Third Party Management Advisor, is a supplier management professional, project manager and accountable for the assigned supplier governance activities across the organization as it relates to Consulting & Professional Services. The Third-Party Management (TPM) Advisor is responsible for conducting activities associated with governance, vendor and risk management, portfolio administration, and relationship management processes that support The Cigna Group Technology & Operations organization. Responsibilities involve communication with senior leadership to develop portfolio and supplier management strategies that reflect The Cigna Group Global Technology initiatives, projects, and programs. The role also involves supporting Procurement / Sourcing teams during negotiations, RFPs, and proposal analysis. Familiarity with contracts, strong analytical abilities, and financial expertise are preferred. This resource must have experience in dealing with dynamic requirements that are tied to strategic level business objectives. The individual will regularly interface with senior leaders in career bands 5-7. KEY RESPONSIBILITIES: Vendor Management Responsible for delivering strategic guidance and governance for assigned supplier relationships, including the following: Tracking and reporting supplier performance against established criteria on a regular basis. Managing governance actions and resolving issues throughout the assigned portfolio. Conducting scheduled Enterprise Business Review sessions with internal business partners, matrix partners and suppliers. Applying analytical skills to assess and improve processes, focusing on ongoing enhancement of supplier management and operational workflow Portfolio Management Accountable for developing effective relationships with Technology & Operations business stakeholders to understand their business portfolio and implement supplier-based solutions for their needs, which includes: Navigating complex environments with evolving strategies and priorities. Facilitating discussions between Cigna senior leaders and supplier counterparts. Supporting overall business requirements, enterprise agreements, service level agreements, and statements of work through strategic planning. Qualifications/Requirements: At least 4 years’ experience in third party management, procurement, or operations and management is strongly preferred. Experience building and maintaining relationships with Senior and Executive levels inside and outside the organization to accomplish results through contracted engagements. Experience preparing, modifying, and reviewing contracts – including Service Level Agreements, Master Service Agreements, and Statements of Work. Demonstrated negotiation and third-party management skills; resolve issues, drive corrective actions, and negotiate with internal and external partners. Ability to prioritize tasks and perform effectively in an environment with high ambiguity and fast-paced activity. Strong analytical skills with the ability to analyze contracts, spend, supplier performance etc. Strong presentation, written, and verbal communication skills for interactions with various leadership levels. Proficiency with Microsoft Word, Excel, PowerPoint, and familiarity with artificial intelligence tools. Bachelor’s degree in supply chain management or a related field is strongly preferred If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload. About The Cigna Group Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives. Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws. If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response. The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State. Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances. Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.

Responsibilities

The Third Party Management Advisor is responsible for supplier governance activities, including tracking supplier performance and managing governance actions. They will also facilitate discussions between senior leaders and suppliers to support business requirements.