Vendor Management Leader

Mutual of Enumclaw Insurance Company•Seattle, WA

5d•$127,500 - $160,300•Onsite

About The Position

The Vendor Management Leader owns how Mutual of Enumclaw selects, contracts with, and realizes value from its third-party partners. The role leads the full vendor lifecycle, including strategic sourcing, RFPs, contract negotiation, performance management, and third-party risk. It partners with leaders across the company and provides clear, data-backed recommendations. The position is onsite in Seattle, Washington. The hiring range is $127,500–$142,400, and the stated salary range is $127,500–$160,300. Compensation may vary based on skills and experience.

Requirements

Expertise reviewing and synthesizing business proposals and contracts and translating complex terms, pricing, and risks into clear recommendations for decision makers.
Strong negotiation skills and a record of securing favorable terms while protecting key relationships.
Sound judgment in assessing third-party risk and regulatory compliance.
Analytical ability to build KPIs and scorecards and conduct spend analysis.
Clear written and verbal communication with executives, business partners, and vendors.
Ability to lead cross-functional teams and manage multiple sourcing efforts simultaneously.
Bachelor’s degree in business, supply chain, finance, or a related field, or equivalent experience.
At least 7 years of experience in vendor management, procurement, or strategic sourcing, including at least 3 years in a leadership role.
Prolonged periods of sitting at a desk and working on a computer, including video conferencing.

Nice To Haves

Experience in insurance or financial services.
Familiarity with third-party risk management frameworks and vendor management or contract lifecycle systems.
Professional certification such as CPSM, CPM, or CTPRP.

Responsibilities

Own the vendor portfolio from onboarding through renewal or exit.
Build collaborative relationships with key vendors, serve as the primary escalation point, conduct regular business reviews, and align vendor roadmaps with company priorities.
Review procurement activity across the organization and identify opportunities to consolidate, collaborate, and streamline purchases.
Lead negotiations for new agreements, renewals, and amendments, securing favorable pricing, service levels, terms, and protections while maintaining long-term partnerships.
Track contracts and current vendor spending against business strategic goals.
Monitor vendor delivery against service-level agreements and contract terms; confirm compliance with regulatory, data privacy, and insurance industry requirements; and drive corrective action when needed.
Identify, assess, and mitigate third-party financial, operational, cybersecurity, concentration, and reputational risks.
Maintain vendor risk ratings, due diligence records, and business continuity and exit plans for critical vendors.
Analyze supplier markets, pricing trends, and emerging providers to identify savings, innovation, and service opportunities.
Define vendor evaluation criteria with business stakeholders, objectively score proposals, and recommend providers based on overall value.
Manage the full sourcing cycle, including gathering requirements, defining scope, issuing RFIs and RFPs, managing vendor questions and demonstrations, coordinating due diligence, and evaluating proposals with cross-functional teams.
Negotiate final terms and pricing, coordinate legal, IT security, and finance reviews, execute contracts, and hand off vendors to onboarding with clear owners and success measures.
Define and track vendor KPIs, including SLA attainment, quality and error rates, responsiveness, savings and cost avoidance, member and agent impact, and contract compliance.
Produce vendor scorecards, dashboards, and executive summaries covering performance, spend, and risk; present findings and recommendations to senior leaders and business owners.
Use performance trends and stakeholder feedback to improve vendor management processes, tools, and policies; standardize templates, streamline workflows, and mature the vendor management program.