Third Party Management Senior Advisor
The Third Party Manager must have experience in dealing with dynamic business requirements that are tied to strategic level business objectives. In order to effectively engage, this resource must have experience dealing with various levels of management to achieve desired outcomes. The resource must be able to deal with ambiguity as business objectives evolve, and must be able to identify and mitigate Cigna’s risk as necessary.
MAJOR OBJECTIVES:
- Supplier Governance & Contract Management
- Set and ensure adherence to a consistent governance process for our largest and/or higher risk IT Hardware, Software and Services suppliers
- Monitor overall performance of assigned suppliers against agreed upon service level agreements and/or other measurement criteria
- Understand, compile, manage, and communicate required information for supplier performance reviews on a monthly, quarterly or annual basis including profiles, reports and scorecards as necessary.
- Perform recurring Enterprise Business Review sessions with business/matrix partners and suppliers on a quarterly or semi-annual basis in order to provide strategic guidance to suppliers
- Review and revise Enterprise Agreements, Service Level Agreements, Change Orders and Statements of Work with suppliers to optimize benefit and minimize risk to Cigna
- Conduct or oversee reconciliation of invoices for adherence with contract terms
- Portfolio Strategy & Reporting
- Support the delivery of a portfolio plan that will drive business needs with improved quality as well as reduced costs
- Deliver a reporting strategy for TPM and Global Procurement that includes action-oriented reporting to support management decision making in the domain of Global Procurement & Third Party Management
- Directly or indirectly (through business and matrix partners) manage key supplier relationships in assigned portfolio using Cigna’s Global Procurement & Third Party Management best practices
- Work with Global Procurement counterparts and business/matrix partners to define and execute negotiation strategies with Suppliers
- Function as the subject matter expert related to contract terms, conditions, and financials for key suppliers in assigned portfolio
- Understands industry cost structures and drivers and implications for strategic position
- Matrix Partner Coordination
- Facilitate partnerships throughout Legal, CIP, IT, and many other internal teams to ensure both Cigna and GP&TPM best practices are followed in regards to competitive activity, in addition to mitigating risk.
- Provide guidance on process and streamline interaction among matrix partners in regards to approval and contract process, especially in regards to large enterprise deals.
- Assist with the constructive handling or resolution of conflict both internally and externally with suppliers, business and matrix partners.
- Influence internal customers and Global Procurement team to ensure contract inclusion of proper metrics to measure supplier performance
- Support international TPM team activities as applicable
KEY COMPETENCIES AND ATTRIBUTES:
- Minimum of 4 years’ experience in global procurement, third party management, Information Technology with an emphasis in Telecom strongly preferred
- Bachelor’s degree in Information Technology, Supply Chain Management or a related field strongly preferred
- SME with IT network infrastructure, landline and mobile telecom providers, contact center services and collaboration solutions
- Financial acumen
- Competence with Microsoft Word, Excel and PowerPoint with strong emphasis on Excel
- Able to facilitate
- Familiarity with Source to pay and Risk Management tools such as Ariba, Tableau and ICertis
- Experience in drafting, revising and reviewing contracts, SLAs, Master Service Agreements and Statements of Work
- Experience in measuring and improving supplier operational performance
- Experience with healthcare industry rules around protection of PHI/PII and security framework
- Able to define and establish new, efficient processes with appropriate controls
- Strong leadership skills; inspires confidence and respect with associates and suppliers
- Strong decision making/problem solving skills; can identify issues, recommend and implement solutions
- Strong organizational, consultative and collaboration skills – builds relationships and is able to effectively influence both internal and external business partner
- Demonstrates negotiation and third party management skills with proven success; able to negotiate directly with internal and external partners
- Influences supplier behavior without negatively impacting client service
- Strong presentation, written and verbal communication skills among various levels of leadership
- Ability to excel and prioritize workload in an environment of high ambiguity and quick pace
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
About The Cigna Group
Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.
Qualified applicants with criminal histories will be considered for employment in a manner
consistent with all federal, state and local ordinances.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
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