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Vendor Management In Insurance Jobs in Virginia (NOW HIRING)

Minimum 2 + years of experience in vendor management, procurement, contracts, or subcontracts ... Nightwingoffers medical, vision and dental insurance coverage in addition to a 401k plan, PTO ...

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Vendor Management In Insurance information

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, often using tools like vendor management systems. Professionals in this field need strong organizational and communication skills to coordinate between insurers and vendors effectively.

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.

What is the role of vendor management in insurance?

Vendor management in insurance involves overseeing third-party 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 efficient insurance operations. Strong vendor management helps insurers reduce costs, improve service delivery, and maintain regulatory compliance.

What skills are needed for vendor management in insurance?

Vendor management in insurance requires strong communication, negotiation, and relationship-building skills to effectively coordinate with external providers. Analytical abilities, knowledge of insurance policies and regulations, and proficiency with vendor management tools or software are also essential for ensuring service quality and compliance.

Is a vendor management in insurance a good job?

Vendor management in insurance is a professional role that involves overseeing relationships with third-party providers, ensuring compliance, and managing contracts. It requires strong negotiation, communication skills, and knowledge of insurance regulations, often involving tools like vendor management systems. The job can offer stability and growth opportunities within the insurance industry.
What are popular job titles related to Vendor Management In Insurance jobs in Virginia? For Vendor Management In Insurance jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Vendor Management In Insurance jobs in Virginia look for? The top searched job categories for Vendor Management In Insurance jobs in Virginia are:
What cities in Virginia are hiring for Vendor Management In Insurance jobs? Cities in Virginia with the most Vendor Management In Insurance job openings:
Infographic showing various Vendor Management In Insurance job openings in Virginia as of July 2026, with employment types broken down into 89% Full Time, and 11% Contract. Highlights an 100% In-person job distribution.

Principal IT Vendor Manager

Blue Cross and Blue Shield of North Carolina

Virginia Beach, VA • On-site

$107K - $172K/yr

Other

Medical, Dental, Vision, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

188th of 301 rated insurance


Job description

Job Description

Blue Cross NC is seeking a Principal IT Vendor Manager to manage strong, ongoing relationships between assigned IT vendors and internal stakeholders. This role ensures vendors meet contractual obligations and service level agreements while serving as the primary point of contact for vendor-related matters. The Principal IT Vendor Manager will influence outcomes across all levels of the organization, including executive leadership, and serve as a strategic partner for complex vendor engagements. This individual will help resolve issues, anticipate risks, co-develop mitigation plans, and apply strong program and technical knowledge to support successful vendor performance.

What You'll Do

  • Manage the overall vendor relationship and governance for complex or high profile/critical IT suppliers within a dedicated portfolio. Serves as an escalation point for vendor-related issues.

  • Establish and monitor vendor oversight plans, in alignment with contractual obligations and other defined criteria, to realize value and minimize vendor related risk to prevent operational and organizational disruption.

  • Facilitate formal business reviews, in accordance with vendor guidelines, with assigned vendors to discuss customer feedback, compliance, performance, service level agreements, other contractual expectations, relationship health and corrective action plans (when necessary).

  • Establish and maintain influential relationships with Executive Sponsors, Business/Service Owners, Vendor Service Delivery Manager for assigned vendors for ongoing management and oversight of the dedicated vendor portfolio.

  • Responsible for ensuring ongoing vendor adherence to standard procedures and contracted deliverables and obligations; including change management, business continuity, liabilities, financial health, data access, and security.

  • Partner with business leads to evaluate and assess current vendors relative to expectations, changing capabilities, competitiveness and organizational goals and communicate with vendor to improve or enhance capabilities.

  • Collaborate with Category Management, Strategic Sourcing, and business units to influence RFPs, vendor contract negotiations, SLAs, results and, compliance to align business strategy.

What You Bring

  • Bachelor's degree or advanced degree (where required)

  • 8+ years of experience in related field.

  • In lieu of degree, 10+ years of experience in related field.

Bonus Points

  • Experience working in IT and IT governance

  • Experience managing Technology vendors, including services, hardware, and software

  • Expertise in developing collaborative stakeholder relationships

What You'll Get

  • The opportunity to work at the cutting edge of health care delivery with a team that's deeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to do great work.

  • Medical, dental, and vision coverage along with numerous health and wellness programs.

  • Parental leave and support plus adoption and surrogacy assistance.

  • Career development programs and tuition reimbursement for continued education.

  • 401k match including an annual company contribution.

  • Learn more

Where You'll Work

Our Hybrid Flex approach is built on presence with a purpose - giving you flexibility to work remotely with intentional in-person connection - that supports a workplace that's flexible, connected, and future focused.

In a Hybrid-Flex role, you'll work in the office at least two days a week for collaboration and connection. In a Remote Flex role, you'll work virtually, with a few in-office visits each year for meaningful moments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in any states listed on this job posting. Onsite expectations will be discussed during the interview process.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$107,901.00 - $172,642.00

Skills

Budgeting, Category Management, Communication, Competitor Analysis, Contract Management, Contract Negotiations, Leadership, Negotiation, People Management, Process Improvements, Relationship Building, Stakeholder Management, Strategic Planning, Strategic Sourcing, Vendor Contract Negotiations, Vendor Coordination, Vendor Management

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JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.


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