Job Details

Senior Vendor Management Professional

Company name

Organization Type


Job Type

Non-practicing Attorney

Date Last Verified

Aug 16,2018

Posted on

Jul 06,2018

Years of Experience

Min 2 yrs required


Wilmington, DE
Practice Area
Contract Law >> Contract Law
Health Care >> Health Care
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Senior Vendor Management Professional The candidate works as liaison between vendors and organization. Reviews and negotiates terms of vendor contracts and communicates with vendors to regarding day-to-day matters. Builds and maintains positive relationship with vendors and monitor vendor performance. Researches invoice and contractual issues and resolve discrepancies. Begins to influence department’s strategy. Makes decisions on moderately complex to complex issues regarding technical approach for project components, and work is performed without direction. Exercises considerable latitude in determining objectives and approaches to assignments. Fostering strong working relationships with diverse cohort of internal business process owners and external vendors to create viable solutions and processes that meet business needs (including clinical audit, code editing, data mining, subrogation, and special investigations). Identifying vendors capable of delivering solutions that meet business needs. Bringing together stakeholders to evaluate viability of vendors’ services. Asking meaningful, relevant, and inquisitive questions focused on determining value of a vendor relationship. Coordinating with Humana’s shared services operations (e.g., Risk, Legal, Compliance, etc.) to screen new vendors and secure approval for new programs. Working closely with Humana’s Purchasing Departments to ensure vendor due diligence and security concerns are properly addressed. Analyzing competing proposals, create cost benefit analyses, prepare executive summaries, and make actionable recommendations. Helping to design proof of concepts to evaluate vendor value. Negotiating and drafting contract statements of work, including pricing, terms, and conditions, that meet business objectives. Providing guidance for onboarding and deploying new vendors and programs. Must have Bachelor’s Degree in Business, Finance, or related fields. Should have 2+ years of experience with contract management, drafting, or similar. Must have 2+ years of experience with business process outsourcing (BPO). Must have Intermediate knowledge of Microsoft Word, Excel and PowerPoint. Juris Doctorate or Master’s Degree in Business, Finance, or related fields preferred. Should preferably have 2 years of Project Management or similar experience. Experience working with healthcare vendors, including soliciting and evaluating proposals desired. Experience working in Claims Cost Management or similar department preferred. Previous consulting experience desired.

Additional info

Ref: R-201689

Company info

Hiring Coordinator
Humana Inc.
300 West Vine Street
16th Floor, Suite 600
Lexington, KY 40507

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