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Vendor Management In Insurance Jobs (NOW HIRING)

Background in vendor management and procurement processes. * Experience establishing processes ... insurance, 401(k) with match, and sick time if required by law in the worked-in state/locality. If ...

Remote/Telework not authorized per Presidential Memorandum "Return to In Person Work" * Candidates ... for managing relationships with multiple vendors to resolve customers online order. Communicates ...

About this job The Specialist II, Vendor Management, oversees, coordinates, and drives performance ... Facilitate vendor onboarding (offboarding as applicable) and setup in all relevant CarMax Auto ...

Vendor Management Analyst II

Hanover, MD · On-site

$68K - $102K/yr

Required in-office presence at least 4 days per week Responsibilities Essential Functions ... Life Insurance (Company paid Basic Life and AD&D as well as voluntary Life & AD&D for the employee ...

Vendor Management - Expertise in managing and optimizing relationships with vendors to ensure ... We cover all of the bases, offering medical, dental and vision insurance, a flexible spending ...

Who you are • Experienced in vendor management, procurement, or operational roles, preferably within the insurance, technology, or TPA sectors. • Skilled in negotiating contracts and securing ...

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Vendor Management In Insurance information

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$54K

$57K

$59.5K

How much do vendor management in insurance jobs pay per year?

As of Jun 21, 2026, the average yearly pay for vendor management in insurance in the United States is $56,982.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,000.00 and $57,000.00 per year, depending on experience, location, and employer.

What is a vendor manager's salary?

A vendor management professional in insurance typically earns between $70,000 and $120,000 annually, depending on experience, location, and company size. Senior roles or those with specialized skills may earn higher salaries, and certifications like Certified Vendor Management Professional (CVMP) can enhance earning potential.

What is a vendor management job description?

A vendor management job involves overseeing relationships with external suppliers and service providers to ensure contractual compliance, quality, and cost-effectiveness. The role typically includes negotiating contracts, monitoring vendor performance, and coordinating communication between internal teams and vendors, often requiring skills in negotiation, contract management, and familiarity with vendor management tools. It is common in industries like insurance to ensure vendors meet regulatory and service standards.

What is vendor management in insurance?

Vendor management in insurance involves overseeing third-party service providers to ensure they meet contractual obligations, quality standards, and compliance requirements. It includes activities such as selecting vendors, negotiating contracts, monitoring performance, and managing risks to support the company's operational and strategic goals.

What is the highest paid job in insurance?

In insurance, executive roles such as Chief Executive Officer (CEO) or Chief Underwriting Officer tend to be the highest paid, often earning multi-million dollar compensation packages including salary, bonuses, and stock options. These positions require extensive industry experience, leadership skills, and often advanced certifications or degrees. Compensation varies based on company size, location, and individual performance.

What is the difference between Vendor Management In Insurance vs Claims Specialist in Insurance?

AspectVendor Management In InsuranceClaims Specialist in Insurance
CredentialsTypically requires insurance knowledge, vendor management certifications, and industry experienceRequires insurance adjuster licenses, claims handling certifications, and industry knowledge
Work EnvironmentOffice-based, vendor negotiations, contract management, and coordinationField and office-based, claims assessment, customer interaction, and documentation
Employer & Industry UsageInsurance companies, third-party vendors, and brokersInsurance carriers, third-party administrators, and claims departments
Search & Comparison IntentUnderstanding vendor relations and management roles in insuranceClaims processing and customer service roles in insurance

Vendor Management In Insurance focuses on managing relationships with external vendors, negotiating contracts, and ensuring service quality. Claims Specialists handle claims processing, customer interactions, and assessing insurance claims. While both roles are essential in the insurance industry, they differ in responsibilities, required credentials, and daily tasks.

More about Vendor Management In Insurance jobs
What cities are hiring for Vendor Management In Insurance jobs? Cities with the most Vendor Management In Insurance job openings:
What states have the most Vendor Management In Insurance jobs? States with the most job openings for Vendor Management In Insurance jobs include:
Infographic showing various Vendor Management In Insurance job openings in the United States as of June 2026, with employment types broken down into 3% Locum Tenens, 2% As Needed, 20% Full Time, 50% Part Time, 2% Temporary, and 23% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $56,982 per year, or $27.4 per hour.
Vendor Management Specialist

Vendor Management Specialist

Merchants Bancorp

Carmel, IN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 13 days ago


Job description

Job Type
Full-time
Description
The Vendor Management Specialist is responsible for the ongoing management of the organization's vendor relationships. This role engages in ongoing risk management of vendors, its analysis, and reporting on those to the Vendor Management Advisor. This position will work closely with Vendor Management Advisor in coordinating all the ongoing and any new vendor relationships.
Expected Outcomes: A successful Vendor Management Specialist will be a part of all the ongoing monitoring of vendors which will then minimize vendor-rated risk and operate with confidence in services rendered for fees paid. The incumbent's success will mean that Vendor Management Program has evolved managing all its administrative activities.
After one year as a Vendor Management Specialist, you will be able to do the following confidently and independently...
  • Manage the annual risk assessment process for critical vendors, including the collection of all due diligence and user entity control documentation.
  • Conduct business reviews for critical vendors on a regular basis, enabling respective relationship managers to better manage vendor performance.
  • Ensure vendor risk exposures are accurately measured and reported, escalating issues to the relevant internal partner to develop an appropriate remediation plan.
  • Communicate vendor responsibilities and findings of vendor reviews to the Vendor Management Advisor.
  • Help develop and be a part of evolving Vendor Management Program for the Bank.
  • Work toward the standardization of vendor management processes that achieve compliance standards and enable practical, efficient business function.
  • Be a part of deploying & managing the Vendor Management Tool at the Bank.

Requirements
What we are looking for...
  • Bachelor's degree in information technology, Computer Science, Business Administration or related field.
  • Minimum three years Vendor and/or Account Management, Procurement, or related roles experience required.
  • Effective oral/written communication and interpersonal skills required.
  • Proficient with Microsoft Office Suite (Excel, Word, PowerPoint, Outlook, Teams, SharePoint) required.
  • Experience with vendor management software and tools is an added advantage.

Our Benefits: Health, Vision, Dental, 401K, ESOP, 100% Tuition Assistance, 4 weeks paid time off, plus a few more
About Merchants
Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing; Mortgage Warehousing that offers mortgage warehouse financing; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31, 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.
Merchants Bank and Merchants Capital have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500-999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016-2022). For more information read the entire article here .