Evernorth
ThirdPartyManagementAssociateAdvisor
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“Third Party Management Associate Advisor at Evernorth. Skills: supplier governance, vendor management, supplier performance, risk minimization, procurement, third-party management. Perform supplier governance tasks within the TPM tool for assigned Suppliers including supplier profiling, research, spend reviews, and other tasks as assigned. Perform vendor-facing assessments including SLA reviews, business continuity plan reviews, contact updates, insurance certificate reviews, and other assessmen”
What You'll Achieve.
minimize risk within our supplier contracts; proper measurement of supplier performance and sentiment within the Enterprise
Industry & Context.
supplier issue resolution
Expected shift is 1PM – 10PM India Standard Time to partially overlap with US hours as appropriate, hybrid working model (3 days WFO and 2 days WAH)
What They're Looking For.
Must Have
written and verbal communication skills with the ability to interact with all levels of the organization, skills in understanding legal and commercial supplier contract terms and conditions, interpersonal/relationship management skills, time and project management skills, Broad knowledge of all aspects of procurement including onboarding, contracting, payment, and basic operations, 5+ Years of relevant experience, Contracting or vendor management experience within indirect procurement, Experience with procurement or third-party management in an onshore/offshore model, College degree (Bachelor) in related technicalusiness areas or equivalent work experience, Exposure to Third Party Management systems such as ProcessUnity, Ariba or similar Procurement systems, and Icertis or similar Contract Lifecycle Management (CLM) systems, Experience working with a matrix organization and other internal partners to execute on goals, Experience in a broad range of indirect procurement categories such as health & wellness, business process outsourcing, technology, corporate services, and others
Nice to Have
Experience in the health-related fields such as health services, health insurance, pharmacy benefits management, and related fields, Experience with HIPAA, Business Associate Agreements (BAAs), and other related US Healthcare concepts, Experience with Purchase Order terminology and Procure-to-Pay processes and industry standards, Coaching and mentoring of team members, Industry certifications such as SIG, CSCP, CPM or similar
What You'll Do.
Perform supplier governance tasks within the TPM tool for assigned Suppliers including supplier profiling
and other tasks as assigned
Perform vendor-facing assessments including SLA reviews
business continuity plan reviews
insurance certificate reviews
and other assessments as needed
Manage and analyze supplier scorecards and surveys
ensuring proper measurement of supplier performance and sentiment within the Enterprise
Assist other TPM team members and leaders with day-to-day supplier management
supplier issue resolution
performance management
and other activities as needed
Perform reporting and analysis on spend and supplier portfolios as needed
Perform analysis on expiring contracts
and other contract pipeline data as needed to support the business areas and strategic sourcing
Execute terminations and non-renewals of supplier agreements as needed
ensuring appropriate steps are taking to offboard the supplier’s services
How You'll Work.
Team & Collaboration
Collaborate with sourcing teams and other TPMs and business requesters to assist in supplier performance management and negotiations as needed; Experience working with a matrix organization and other internal partners to execute on goals
Communication Scope
written and verbal communication skills with the ability to interact with all levels of the organization
Process & Methodology
time and project management skills
Full Job Description
Third Party Management Associate Advisor Position Overview In this role, you will be part of a team of Third Party Management professionals within the Global Procurement, Third Party Management, & Shared Services (GPTPMS) organization. GPTPMS provides procurement-related services to the greater Cigna Group. A key function of this position is to perform supplier governance, manage supplier issues, drive supplier performance, and minimize risk within our supplier contracts. This position will be an exciting opportunity for establishing a Third Party Management (TPM) presence within the innovation hub. The Evernorth℠ strategy is fully aligned with our business strategy, resulting in an opportunity for you to influence future procurement and TPM direction for the hub, with the shared goal of evolving our world class procurement organization. This is a hands-on position reporting to management with visibility into GPTPMS leadership. Responsibilities • Perform supplier governance tasks within the TPM tool for assigned Suppliers including supplier profiling, research, spend reviews, and other tasks as assigned • Perform vendor-facing assessments including SLA reviews, business continuity plan reviews, contact updates, insurance certificate reviews, and other assessments as needed • Manage and analyze supplier scorecards and surveys, ensuring proper measurement of supplier performance and sentiment within the Enterprise • Assist other TPM team members and leaders with day-to-day supplier management, supplier issue resolution, performance management, and other activities as needed • Collaborate with sourcing teams and other TPMs and business requesters to assist in supplier performance management and negotiations as needed. • Perform reporting and analysis on spend and supplier portfolios as needed • Perform analysis on expiring contracts, renewals, and other contract pipeline data as needed to support the business areas and strategic sourcing • Execute terminations and non-
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