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Vendor Management In Insurance Jobs in Odenton, MD

Our success is rooted in our emphasis on relationships with our clients and each other. We care ... Role Overview The Vendor Management Analyst supports the firm's vendor management and procurement ...

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 ...

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 ...

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

... management, in support of Customs and Border Protection Inspection Technology programs. The Vendor ... Manager is responsible for the effective use of resources in meeting the requirements of providing ...

Vendor Support Manager

Towson, MD · On-site

$65K - $75K/yr

Qualifications * 3 or more years of progressive professional experience in project management, SaaS ... Medical, Dental, Vision insurance with a generous percentage paid by the company * Flexible ...

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Vendor Management In Insurance information

See Odenton, MD salary details

$60.7K

$64.1K

$66.9K

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

As of Aug 27, 2026, the average yearly pay for vendor management in insurance in Odenton, MD is $64,081.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,100.00 and $64,100.00 per year, depending on experience, location, and employer.

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 are the roles 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 vendor selection, performance monitoring, risk assessment, and contract negotiation, often supported by tools like vendor management systems. Effective vendor management helps insurers reduce risks, control costs, and improve service delivery.

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 insurance operations. Professionals in this field often use tools like vendor management systems and require strong negotiation and compliance skills.

What cities near Odenton, MD are hiring for Vendor Management In Insurance jobs?

Cities near Odenton, MD with the most Vendor Management In Insurance job openings:

Infographic showing various Vendor Management In Insurance job openings in Odenton, MD as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 22% Part Time, and 5% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $64,081 per year, or $30.8 per hour.

$75K - $95K/yr

Full-time

Posted 14 days ago


Job description

About Us
Finnegan is more than just a law firm - we are a powerhouse of innovation and strategy growth. We pride ourselves on providing top-tier intellectual property services globally. Our success is rooted in our emphasis on relationships with our clients and each other. We care about every individual, and it is why many professionals have spent their entire careers at Finnegan.
Role Overview
The Vendor Management Analyst supports the firm's vendor management and procurement operations by assisting with the full vendor lifecycle, performance monitoring, risk and compliance activities, and vendor data management. This role works with the Vendor Manager to partner closely with Financial Services, IT, Operations, department leaders, and other internal stakeholders to ensure vendors deliver services in accordance with contractual terms, firm standards, and regulatory requirements.
The Vendor Management Analyst plays a key role in maintaining accurate vendor records, analyzing vendor performance data, supporting due diligence and onboarding processes, and contributing to continuous improvement of vendor management practices and tools.
Responsibilities
Department Operations
Vendor Lifecycle & Relationship Support
  • Support end-to-end vendor lifecycle processes, including onboarding, performance monitoring, renewals, and offboarding.
  • Serve as a point of contact for vendor inquiries and coordination, escalating issues as appropriate.
  • Maintain effective working relationships with vendors and internal stakeholders to support clear communication and timely issue resolution.
  • Assist with vendor transition and offboarding activities to ensure continuity of services and proper closure of obligations.

Contract, Performance & Financial Monitoring
  • Monitor vendor performance against contractual terms, SLAs, and KPIs.
  • Assist in tracking performance issues and remediation actions.
  • Support invoice validation, billing discrepancy resolution, and cost analysis in partnership with Financial Services and internal lead contact.
  • Prepare data, dashboards, and materials for vendor business reviews and leadership reporting.

Risk, Compliance & Governance
  • Assist with vendor due diligence and risk assessments, including collection and validation of required documentation.
  • Support compliance with firm policies, regulatory requirements, and internal control standards.
  • Maintain accurate and centralized vendor records to support audit readiness.
  • Identify and escalate potential contract, compliance, or operational risks.

Data, Reporting & Process Improvement
  • Develop and maintain vendor performance reports, dashboards, surveys, and analytics.
  • Analyze vendor data to identify performance trends, risks, and improvement opportunities
  • Support development and maintenance of SOPs, templates, and guidance documentation.
  • Assist in process improvement initiatives, including standardization, automation, and enhanced reporting.
  • Support administration of vendor and contract management systems and collaboration platforms.

Qualifications
  • Bachelor's degree in Business Administration, Procurement, Supply Chain Management, Finance, or related field, or equivalent experience.
  • Three to five years of experience in vendor management, procurement, contract administration, or supplier management.
  • Experience in a law firm or professional services environment preferred.

Skills & Competencies
  • Working knowledge of contracts, commercial terms, and vendor governance principles.
  • Strong analytical skills with experience creating reports and dashboards.
  • Excellent attention to detail and ability to manage multiple priorities.
  • Strong written and verbal communication skills.
  • Collaborative, service-oriented approach to working with internal teams and vendors.
  • Proficiency with Microsoft Office and vendor or contract management systems.
  • Sound judgment, discretion, and commitment to ethical business practices.

If you are a strategic thinker with a passion for promoting success, we would love to hear from you.
The role may be based in any of our U.S. Offices and requires a hybrid/onsite work schedule. The base annual pay range for this role is between $75,000 - $95,000. The base pay to be offered will vary and depend on skills and qualifications, experience, location and will also take into account internal equity. A full range of medical, financial and/or other benefits dependent on the position will also be offered.
Equal Employment Opportunity Statement:
Finnegan is an Equal Opportunity Employer. The firm is committed to providing equal employment opportunities to all applicants for employment, as defined by applicable state and federal laws, without regard to race, color, religion, sex, national origin, ancestry, age, sexual orientation, gender identity or expression, physical or mental disability, medical condition, military or veteran status, genetic information, marital status, pregnancy, childbirth, or related medical conditions, or any other protected status in accordance with all applicable federal, state and local laws. For candidates needing reasonable accommodations or assistance with the application process, please contact Human Resources at 202.216.5400.
Our privacy policy for applicants can be found here.
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Equal Opportunity Employer