Vendor Manager

Company:

Marsh McLennan Agency

Description:

Our not-so-secret sauce.

Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a result of hard work by extraordinary people. The industry’s brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can make your mark as a Vendor Manager at MMA.

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With offices across North America, we combine the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh McLennan (NYSE: MMC).

A day in the life.

As a Vendor Manager, you will be responsible for developing and maintaining relationships with vendors, negotiating contracts, and ensuring that the organization’s procurement needs are met efficiently and effectively. This role requires strong analytical skills, excellent communication abilities, and a strategic mindset to optimize vendor performance and drive cost savings.

Key Responsibilities:

• Vendor Relationship Management: Build and maintain strong relationships with vendors and suppliers to ensure effective communication and collaboration.

• Contract Negotiation:  Negotiate contracts and agreements with vendors to secure favorable terms and pricing, conduct redline reviews for clarity and compliance, serve as a liaison between vendors and our Legal team, and establish mutually beneficial terms and conditions.

• Performance Monitoring: Monitor vendor performance against service level agreements (SLAs) and key performance indicators (KPIs) to ensure compliance and quality standards.

• Risk Management: Identify potential risks associated with vendor relationships and develop strategies to mitigate those risks.

• Cost Analysis: Conduct cost analysis and benchmarking to identify opportunities for cost savings and process improvements.

• Collaboration: Work closely with internal stakeholders, including procurement, finance, and operations, to align vendor management strategies with organizational goals.

• Reporting: Prepare and present reports on vendor performance, cost savings, and other relevant metrics to senior management.

• Market Research: Stay informed about market trends, new vendors, and industry best practices to enhance vendor management strategies.

• Process Management - Develop process standards for working with vendors and internal colleagues, both during implementation and ongoing operations. Identify areas for improvement and lead efforts to enhance processes. Manage complex communication plans, change management controls, and process standards.

• Team Leadership: Lead, mentor, and develop a diverse team, fostering a positive and inclusive work environment that encourages collaboration and high performance. Set clear performance expectations, conduct regular performance reviews, and provide constructive feedback to support employee growth and development.

Our future colleague.

We’d love to meet you if your professional track record includes these skills:

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.

• Proven experience in vendor management, procurement, or supply chain management.

• Strong negotiation and contract management skills.

• Excellent analytical and problem-solving abilities.

• Effective communication and interpersonal skills.

• Proficiency in Microsoft Office Suite and vendor management software.

Preferred Skills:

• Experience in a specific industry (e.g., technology, healthcare, manufacturing) may be preferred.

• Certification in supply chain management or procurement (e.g., CPSM, CIPS) is a plus.

We know there are excellent candidates who might not check all of these boxes. Don’t be shy. If you’re close, we’d be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside of work. Our culture promotes colleague well-being through robust benefits programs and resources, professional and personal development opportunities, and fulfillment through meaningful work.

Some benefits included in this role are:

• Generous time off, including personal and volunteering

• Tuition reimbursement and professional development opportunities

• Remote work

• Charitable contribution match programs

• Stock purchase opportunities

Work Environment

• This position may require occasional travel to vendor sites and may involve working in an office environment.

To learn more about a career at MMA, check us out our website or flip through recruiting brochure.

Follow us on social media to meet our colleagues and see what makes us tick:

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Who you are is who we are.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

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The applicable base salary range for this role is $98,400 to $183,400.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Applications will be accepted until:

May 26, 2025 Apply