Pyramid Consulting, Inc · 1 month ago
Vendor Contract Management Specialist (Insurance)
Plano, TX
Contract
Onsite
Senior Level
$22/hr - $28/hr
5+ years expPyramid Consulting, Inc. is a leading company in the Financial Services and Insurance industry, and they are seeking a Vendor Contract Management Specialist. The role involves managing vendor contracts and supporting various insurance back-office processes, ensuring efficient operations and compliance.
ConsultingInformation TechnologyLegalProfessional ServicesSoftwareStaffing Agency
Responsibilities
Understanding and working experience in processes such as new business setup, agency management, claims, underwriting support, policy servicing, and administration, etc. within insurance back-office services
Carry on back-office activities based on alignment to specific business functions within insurance services
Gathers and collates information related to new accounts or renewals for premium assessment
Assist agencies with licensing procedures, onboarding, and training requirements, along with resolving queries
Help policy holders in claim settlement by reviewing claim payments resulting from duplicate payments, incorrect payee, etc. & ascertain appropriate administration of claims
Perform screening and due diligence of applications for any missing data and review and upload them into the file management system to support underwriters
Ensure premium is applied per customer choices (low risk/high risk equities, etc.)
Support underwriting and post-underwriting review (in conjunction with analysts), exception handling
Perform various policy servicing activities like policy renewals, policy changes, disbursement of maturity amount and dividends, reinstating policies and loans, certificate reissue, etc
Oversee risk classifications as per company policies
Assist Process Lead in workflow management and work delegation
Qualification
Required
Understanding and working experience in processes such as new business setup, agency management, claims, underwriting support, policy servicing, and administration, etc. within insurance back-office services
Carry on back-office activities based on alignment to specific business functions within insurance services
Gathers and collates information related to new accounts or renewals for premium assessment
Assist agencies with licensing procedures, onboarding, and training requirements, along with resolving queries
Help policy holders in claim settlement by reviewing claim payments resulting from duplicate payments, incorrect payee, etc. & ascertain appropriate administration of claims
Perform screening and due diligence of applications for any missing data and review and upload them into the file management system to support underwriters
Ensure premium is applied per customer choices (low risk/high risk equities, etc.)
Support underwriting and post-underwriting review (in conjunction with analysts), exception handling
Perform various policy servicing activities like policy renewals, policy changes, disbursement of maturity amount and dividends, reinstating policies and loans, certificate reissue, etc
Oversee risk classifications as per company policies
Assist Process Lead in workflow management and work delegation
Key Skills; Contract Negotiation, Vendor Management, Property & Casualty (P&C)
Contract Negotiations - 5 years
Vendor Management - 5 years
Property & Casualty (P&C) Claims Experience - 3 years
Microsoft Suite-Word, Outlook, Excel, PowerPoint
Must be able to utilize the suite of products to produce deliverables
Need a self-starter who has experience in vendor relations as well as contract build through execution of a new contract or renewal
Benefits
Health insurance (medical, dental, vision)
401(k) plan
Paid sick leave (depending on work location)
Company
Pyramid Consulting, Inc
Pyramid Consulting, a global leader in workforce and technology solutions, empowers individuals and organizations to transform and thrive in the most challenging and competitive markets.
5001-10000 employees
H1B Sponsorship
Pyramid Consulting, Inc 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
Represents job field similar to this job
Trends of Total Sponsorships
2025 (178)
2024 (112)
2023 (95)
2022 (62)
2021 (50)
2020 (117)
Funding
Current Stage
Late StageLeadership Team
Ramesh Maturu
President and Co-Founder
Manish Kaushik
Chief Financial Officer
Recent News
2025-08-18
Company data provided by crunchbase