Hadron Insurance · 3 weeks ago
Vendor Manager
Hadron Insurance is a modern, technology-enabled hybrid insurance carrier that provides capacity to specialty underwriters and risk capital partners. The Vendor Manager will be responsible for managing the lifecycle of third-party service providers and ensuring that vendors deliver services in alignment with contractual obligations and operational standards.
FinanceInsuranceRisk Management
Responsibilities
Review Due Diligence requirements to be implemented in the TPRM tool
Follow up with TPRM vendor to ensure full implementation of the due diligence’s workflow based on the level of risk
Train Hadron’s users to the TPRM tool
Own and manage the full vendor lifecycle: selection, onboarding, performance monitoring, and offboarding, ensuring consistency across Hadron’s US, UK, and EU entities
Maintain a centralized vendor database, tracking contract terms, renewal dates, and performance metrics using PM tools, TPA tracking systems, and contract management platforms
Develop and lead regular vendor reviews, scorecards, and business reviews to ensure optimal service delivery in alignment with PMO expectations and international governance standards
Support contract negotiations in collaboration with Legal and Procurement for US, UK and Europe territories
Review drafts of contractual agreements to ensure alignment with Hadron’s operational requirements and international regulatory standards
Ensure vendors meet all regulatory, data privacy, cybersecurity, and compliance requirements
Monitor adherence to Service Level Agreements (SLAs) and escalate non-performance issues as needed
Partner with business units to understand service needs and vendor dependencies
Conduct vendor risk assessments and drive mitigation plans where needed
Manage issues, escalations, and resolution processes with vendors
Identify opportunities for cost reduction, service improvement, and innovation through vendor partnerships
Collaborate with Finance to track vendor-related budgets, invoices, and payment approvals
Provide your expertise and engage with external research companies to understand trends in the industry and create a point of view on competitive pricing, delivery locations, and emerging opportunities/risks
Qualification
Required
Bachelor's degree in Business Administration, Supply Chain, Insurance, Computer Science, or a related field
3+ years of vendor management experience, preferably in the insurance, financial services, or technology consulting sectors
Strong understanding of vendor risk management, regulatory compliance, and contracting principles
Excellent negotiation, project management, and relationship management skills
Proficiency with vendor management tools, contract management systems, the JIRA suite, and Microsoft Office Suite
Ability to work independently and collaboratively across multiple departments
Experience managing vendors supporting underwriting, policy administration, billing, claims, or digital transformation initiatives
Familiarity with SOC 2, GDPR, HIPAA, or other relevant regulatory frameworks
Benefits
Ability to work remotely as a member of a fast-paced, international workforce
Excellent benefits package including comprehensive medical, dental and vision insurance
401(K) retirement plan with up to 4% match by Company
Individualized long-term incentive plan for every qualified full-time employee
Flexible Time Off Policy
Company
Hadron Insurance
Hadron Insurance manages operational and regulatory requirements while also providing supportive capacity and reinsurance services.
Funding
Current Stage
Growth StageTotal Funding
$250MKey Investors
Altamont Capital Partners
2023-11-03Private Equity· $250M
Recent News
Coverager - Insurance news and insights
2024-11-27
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