IT Vendor Contract Manager
IT Vendor Contract Manager
Posted on :
08-01-2025
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1 Vacancy
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Job Description
IT Vendor & Contract Manager
This is an exciting opportunity to join our client s team in the insurance industry supporting their North America Procurement group. This open role focuses on strategic sourcing vendor management and contract oversight making a meaningful impact on operational efficiency and business objectives. You will collaborate with crossfunctional teams lead negotiations and ensure optimal procurement practices in a fastpaced dynamic environment.
What is in it for you:
Hourly salary of $45 to $50 based on experience.
Incorporated Business Rate: $55 to $60 per hour.
12month contract with the potential for permanent employment.
Fulltime position: 37.50 hours per week.
Weekday schedule from 9 am to 5 pm.
Hybrid work: 3 office days from Tuesday to Thursday.
Opportunity to work in a dynamic and professional environment.
Join a passionate and inclusive team of professionals.
Responsibilities:
Lead crossfunctional teams to execute low to medium value/complexity sourcing projects and contracting efforts including sourcing strategy development and analysis.
Influence business partner requirements to evaluate and select suppliers effectively.
Conduct baseline and market analysis sourcing strategy development and contract negotiations.
Read and interpret contract and commercial terms in current agreements and proposals.
Manage sourcing resources engaging subject matter experts (e.g. legal risk finance) for commodities and/or business lines.
Ensure the accuracy and maintenance of contract archives and manage contract expiration tracking and renewals.
Collaborate with legal and drafting teams to integrate negotiation results into contract documentation.
Provide analytics to the finance team to validate realized savings.
Foster and maintain strong working relationships with key business partners and project owners.
Support vendor managers in executing businessled initiatives as necessary.
What you will need to succeed:
Undergraduate degree in business or a related field.
Graduate degree in business or related fields (preferred).
CPSM certification (preferred not required).
6 years of progressive business experience in global supply chain vendor management and/or contract management.
6 years of expertise with supplier contractual terms and conditions to mitigate legal and business risks.
3 years of experience in IT infrastructure contracts and sourcing.
Extensive knowledge of IT software SaaS solutions and vendors.
Strong understanding of sourcing and procurement principles and best practices.
Proficiency in sourcing and procurement systems and tools.
Solid analytical skills.
Familiarity with legislative and regulatory requirements for thirdparty outsourcing in relevant jurisdictions.
Knowledge of financial actuarial and insurance systems.
Previous experience with Manulife s business operations strategies and financial environment (preferred).
Why Recruit Action
Recruit Action (agency permit: AP2000003) provides recruitment services through quality support and a personalized approach to job seekers and businesses. Only candidates who match hiring criteria will be contacted.
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Employment Type
Full Time
Key Skills
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