Third Party Management Advisor – Global Technology & Operations at The Cigna Group

Bloomfield, Connecticut, United States -

Full Time

Start Date

Immediate

Expiry Date

10 Apr, 26

Salary

0.0

Posted On

11 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Third Party Management, Vendor Management, Risk Management, Portfolio Administration, Relationship Management, Analytical Skills, Negotiation Skills, Contract Management, Communication Skills, Presentation Skills, Microsoft Office, Artificial Intelligence, Process Improvement, Project Coordination, Strategic Planning, Stakeholder Engagement

Industry

Hospitals and Health Care

Description

The job profile for this position is Third Party Management Advisor, which is a Band 4 Senior Contributor Career Track Role. Excited to grow your career? We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply! Our people make all the difference in our success. 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. This position includes oversight of Enterprise Operations suppliers (Print & Distribution) as well as Artificial Intelligence (AI) initiatives. The TPM Advisor is required to coordinate across these domains to ensure consistency with The Cigna Group strategic objectives and operational standards. Responsibilities involve communication with senior leadership to develop portfolio and vendor management strategies that reflect The Cigna Group global Technology initiatives, projects, and programs. The role also aids Procurement / Sourcing teams during negotiations, RFPs, and proposal analysis. Familiarity with legal contracts, strong analytical abilities, and financial expertise are preferred. 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 workflows. 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. Program Support Besides vendor and portfolio management duties, the TPM Advisor supports cross-functional initiatives, coordinating and executing projects in areas such as technology, print & distribution, and AI applications. The TPM Advisor is expected to identify opportunities for process improvement and efficiency, analyze existing workflows, suggest enhancements, and oversee implementation of best practices for third-party engagements. 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; direct negotiation experience with internal and external partners is preferred. Strong presentation, written, and verbal communication skills for interactions with various leadership levels. Ability to prioritize tasks and perform effectively in an environment with high ambiguity and fast-paced activity. 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. 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. Please note that you must meet our posting guidelines to be eligible for consideration. Policy can be reviewed at this link. Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.

Responsibilities

The Third Party Management Advisor is responsible for governance, vendor and risk management, and relationship management processes. This includes overseeing supplier performance, managing governance actions, and supporting cross-functional initiatives.