Third Party Management Sr Advisor

The Cigna Group•Bloomfield, CT

About The Position

The Third-Party Management (TPM) Senior 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. The TPM Senior 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.

Requirements

At least 7 plus 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.

Nice To Haves

Familiarity with legal contracts, strong analytical abilities, and financial expertise are preferred.

Responsibilities

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.
Accountable for developing effective relationships with Technology & Operations business stakeholders to understand their business portfolio and implement supplier-based solutions for their needs
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.
Besides vendor and portfolio management duties, the TPM Senior Advisor supports cross-functional initiatives, coordinating and executing projects.
The TPM Senior 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.