Vendor Manager

Blue Cross and Blue Shield of North CarolinaRemote Flex - North Carolina, IN
$73,698 - $117,917Hybrid

About The Position

Blue Cross NC is seeking a Vendor Manager to support the pharmacy division’s vendor management portfolio by implementing and managing value-driven vendor partnerships. This role will ensure smaller and/or less complex outsourced relationships deliver the expected value through effective onboarding, business process alignment, operational performance reporting, and issue resolution support. The Vendor Manager will serve as a liaison between business leads, vendors, and internal teams; provide input on vendor contracts; monitor performance; and manage service improvement plans to help ensure services and business outcomes are delivered as defined by the contract.

Requirements

  • Bachelor's degree or advanced degree (where required)
  • 3+ years of experience in related field.
  • In lieu of degree, 5+ years of experience in related field.

Nice To Haves

  • Pharmacy, PBM, specialty pharmacy, prescription benefits, formulary, claims, medication management, or healthcare vendor experience - Highly Preferred
  • Direct vendor management, supplier management, service delivery, account management, provider relations, or external partner ownership -Highly Preferred
  • KPI, scorecard, dashboard, reporting, or performance management experience
  • Experience holding external organizations accountable for performance, service levels, quality, or contract commitments.
  • Knowledge of vendor governance practices, service level agreements (SLAs), corrective action plans (CAPs), and performance improvement methodologies.
  • Experience identifying root causes, resolving complex operational issues, and implementing sustainable process improvements.
  • Exposure to audits, compliance programs, regulatory requirements, or other highly regulated business environments.
  • Strong analytical skills with the ability to translate data into actionable insights and recommendations for business leaders.
  • Demonstrated success leading cross-functional initiatives and influencing stakeholders across multiple business areas.
  • Experience supporting vendor implementations, operational transitions, or service delivery enhancements.

Responsibilities

  • Manage day-to-day relationship between business and vendor(s) to ensure seamless and effective delivery of outsourced services.
  • Primary communicator/liaison between vendor and business stakeholders to answer questions, provide performance metrics updates, manage capacity and demand, and remediate escalations as needed.
  • Facilitate vendor onboarding process through effective communications, site visits and training to educate the vendor on program/product/operational details and successfully transition business processes and/or operations.
  • Partner with business leads to understand evolving service needs and expectations, define business requirements, and work with the vendor to improve capabilities.
  • Analyzes information to determine if there are gaps in performance and how to best address through process improvements, training and/or other interventions.
  • Review vendor work for quality issues and manage service improvement plans.
  • Provides inputs to vendor contract negotiations to ensure vendor contracts align to business strategy.
  • Collaborate with internal business partners on vendor strategy discussions, providing data, knowledge and feedback on vendor operations from the business perspective.

Benefits

  • Medical, dental, and vision coverage along with numerous health and wellness programs.
  • Parental leave and support plus adoption and surrogacy assistance
  • Career development programs and tuition reimbursement for continued education
  • 401k match including an annual company contribution
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