Core Specialty Insurance Holdings, Inc. ยท 3 hours ago
IT Procurement & Vendor Management Specialist
United States
Full-time
Remote
Mid, Senior Level
5+ years exp
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No H1B
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Responsibilities
Oversee and manage vendor relationships, focusing on ensuring compliance with software licensing agreements, SLAs, and regulatory requirements.
Conduct regular vendor risk assessments to evaluate ongoing compliance with contractual and regulatory standards.
Ensure vendors meet regulatory obligations related to IT operations (SOC I/SOC II, HIPAA, etc.).
Maintain a vendor management system to track compliance with legal, financial, and security obligations.
Conduct Quarterly Business Reviews (QBRs) with all major vendors and internal stakeholders.
Monitor and manage all software licensing agreements to ensure compliance with legal and contractual terms.
Negotiate software licensing terms and renewals to align with business needs and compliance requirements.
Track and review SLAs to ensure vendors are delivering services in alignment with agreed performance standards and compliance obligations.
Develop reports on vendor performance and SLA compliance, presenting findings to senior leadership.
Manage all software licensing company-wide and conduct regular reconciliations of all licenses.
Serve as the legal expert on IT vendor contracts, collaborating with internal stakeholders and external vendors to ensure terms comply with company policies and regulations.
Draft, review, and revise IT contracts, software licensing agreements, and service level agreements to meet business and legal requirements.
Ensure that all IT vendor contracts and agreements adhere to relevant regulatory frameworks, including SOX, GDPR, CCPA, HIPAA, and others.
Monitor changes in regulatory environments and ensure timely updates to vendor contracts.
Manage all renewals and contract amendments throughout the lifecycle of each vendor relationship.
Manage and ensure compliance with regulatory technology solutions and platforms used for vendor management and compliance tracking.
Implement tools to automate the monitoring and reporting of vendor compliance with licensing, security, and SLA terms.
Collaborate with IT, legal, and risk management teams to ensure vendor management processes comply with internal and external audit requirements.
Develop comprehensive reports and dashboards on vendor compliance, software licensing status, and SLA adherence.
Participate in audits and ensure proper documentation of vendor agreements and regulatory compliance efforts.
Provide regular updates to legal and IT leadership on the status of vendor compliance efforts and key performance indicators.
Qualification
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Required
Strong background in IT services, software license management, service level agreements (SLAs), regulatory compliance, and third party contracting.
5+ years of experience in IT vendor management, compliance, and software licensing.
Expertise in negotiating software licensing agreements, SLAs, and managing regulatory technology platforms.
Experience with third party risk management, compliance software, and automation tools for monitoring IT contracts.
Strong communication and negotiation skills, with the ability to work cross-functionally with IT, legal, and risk management teams.
Strong attention to detail and problem-solving skills.
Preferred
Juris Doctor from an accredited law school with a specialization in IT, compliance, or regulatory law.
Experience working in a highly regulated industry (e.g., finance, insurance, healthcare).
Benefits
Medical
Dental
Vision
Life insurances
Short and long-term disability
Company-match of 100% of a 6% contribution 401(k) plan
Employee Assistance Plan
Health Savings Account
Flexible Spending Account
Health Reimbursement Account
Wellness program
Company
Core Specialty Insurance Holdings, Inc.
Core Specialty, through its subsidiary insurers, offers a diversified range of property, casualty, and marine insurance products for small to mid-sized businesses.
501-1,000 employees
Funding
Current Stage
Late StageLeadership Team
Joseph Consolino
Founder, President & Chief Executive Officer
Robert Kuzloski
Executive Vice President & General Counsel
Recent News
2024-04-25
2024-04-25
Company data provided by crunchbase
