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Primerica · 2 hours ago

VP, Vendor Management

Duluth, GA

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

Primerica is a leading provider of financial products and services, recognized for its workplace culture and diversity initiatives. The Vice President of Strategic Vendor Management will oversee a centralized vendor management function, ensuring that vendor partnerships align with the company’s strategic objectives while driving cost efficiency and performance.

ConsultingFinancial ServicesInsuranceLife Insurance

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Develop and lead a centralized Strategic Vendor Management Office (VMO) to streamline all third-party sourcing and vendor activities

Design and implement vendor management policies, procedures, and frameworks that align with corporate goals, regulatory requirements, and industry best practices

Establish and oversee a comprehensive vendor governance model, including decision economics, business sustainability, segmentation, performance reviews, risk assessments, and exit strategies

Through improved strategic vendor management, Identify, drive and deliver on cost saving opportunities while maintaining and / or improving on service levels

Lead strategic sourcing initiatives including RFIs, RFPs, and RFQs to ensure competitive and transparent bidding processes

Collaborate with Legal team to standardize contract negotiation protocols and oversee the end-to-end contract lifecycle, including terms negotiation, renewals, and compliance

Partner with Legal/compliance, Finance and IT to ensure all contracts meet regulatory / risk standards, financial control and economic soundness, and data privacy and cybersecurity

Develop and maintain a vendor performance evaluation process, including KPIs, SLAs, and regular scorecards

Drive continuous improvement and innovation by fostering strong, value-based relationships with strategic partners

Proactively identify vendor-related risks and implement mitigation plans in partnership with enterprise risk management and legal teams

Identify and implement appropriate tools and technology to support the organization’s strategic vendor management goals and objectives

Collaborate with Finance to manage vendor budgets, forecast expenditures, identify and drive cost-saving opportunities, while balancing service level needs for all parts of the business

Monitor vendor spend and ensure alignment with financial goals and procurement strategies

Build, mentor, and lead a high-performing vendor management team

Promote a culture of accountability, transparency, and operational excellence within the function

Qualification

Vendor managementStrategic sourcingContract negotiationRisk managementFinancial oversightPolicy developmentStakeholder engagementLeadershipCommunicationProblem-solvingNegotiation

Required

Bachelor's degree in business administration, Supply Chain Management, Finance, or related field; MBA or advanced degree preferred

10+ years of progressive leadership experience in vendor management, sourcing, or procurement, preferably within financial services or insurance

Deep understanding of contract law, third-party risk management, and regulatory frameworks

Familiarity with vendor management and procurement platforms

Strong strategic thinking and problem-solving skills with an enterprise mindset

Exceptional negotiation and conflict resolution abilities

Experience developing and implementing enterprise-wide policies and procedures

Proven track record in managing complex vendor ecosystems and driving performance improvements

Strong communication and stakeholder engagement skills at the executive level

Preferred

Certifications such as Certified Professional in Supply Management (CPSM), Certified Third Party Risk Professional (CTPRP), or Certified Outsourcing Professional (COP)

Experience with vendor management in regulated environments (e.g., financial services, healthcare)

Knowledge of IT and digital procurement strategies

Benefits

Day one health, dental, and vision insurance

401(k) Plan with competitive employer match

Vacation, sick, holiday and volunteer time off

Life and disability insurance

Flexible Spending Account & Health Savings Account

Professional development

Tuition reimbursement

Company-sponsored social and philanthropy events

Company

Primerica

Glassdoor3.9

Primerica is a financial services company that offers financial education, products, and services to their clients.

Founded in 1977

Duluth, Georgia, USA

1001-5000 employees

https://www.primerica.com

H1B Sponsorship

Primerica has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2021 (1)