Vendor Management, Sourcing Specialist

🔥 4 minutes ago

🇺🇸 United States – Remote

💵 $100k - $125k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🛒 Procurement

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

👻 Ghost score 0%

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Pie Insurance

WebsiteLinkedInAll Job Openings

201 - 500 employees

🛡️ Insurance

💳 Fintech

🤝 B2B

Insurance • Fintech • B2B

Pie Insurance is transforming small business insurance by making it less expensive, simpler, and more transparent for small business owners. With a team of seasoned technology and insurance experts, Pie Insurance is dedicated to enhancing the insurance experience, particularly focused on workers' compensation and InsureTech innovations.

📋 Description

• Lead end-to-end sourcing activities, including needs intake, market research, RFx development and management, bid evaluation, and vendor selection recommendation packages • Conduct spend analysis and competitive benchmarking to identify cost optimization, consolidation, and renegotiation opportunities • Prepare comparison matrices, commercial term analyses, and leadership-ready recommendation summaries • Support contract negotiations through pre-negotiation research, risk identification, historical contract analysis, and favorable position recommendations • Review operational expense bills and flag invoice discrepancies, out-of-scope charges, and savings opportunities • Maintain accurate vendor tracking data, including spend records, pipeline data, and vendor information • Develop sourcing templates, standard operating procedures, and playbooks • Serve as the primary day-to-day contact for active Claims vendors • Coordinate quarterly stewardship meetings, including agendas, performance data, and follow-up tracking • Track vendor scorecard performance and flag gaps to the Senior Manager • Maintain the Issues & Escalations log from identification through resolution • Coordinate vendor onboarding documentation, including W-9s, insurance certificates, compliance certifications, and NDAs • Collaborate with Claims leadership and Legal on contract compliance, regulatory audit coordination, and billing guideline enforcement • Support defense counsel panel oversight, including spend tracking and stewardship meeting coordination

🎯 Requirements

• High school diploma or GED required • Bachelor’s degree preferred in business, finance, supply chain, or a related field • 4+ years of combined experience in vendor management, strategic sourcing, procurement, or a related role • Demonstrated competency in both sourcing execution and vendor relationship management • Direct experience in workers’ compensation or commercial lines insurance required • Understanding of the claims lifecycle, vendor ecosystem, and cost drivers • Demonstrated independent execution of RFx development, spend analysis, bid evaluation, and vendor selection • Experience managing vendor relationships and performance, including stewardship meetings, scorecard tracking, and escalation management • Exposure to contract review, commercial term analysis, and negotiation support • Must live and work in the United States (territories excluded) • Access to reliable, high-speed internet

🏖️ Benefits

• Competitive cash compensation • Comprehensive health plans • Generous PTO • Future focused 401k match • Generous parental and caregiver leave • Discretionary bonuses may be granted to eligible team members

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