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Marsh McLennan

Vendor Manager

Marsh McLennan

. Liaise between lines of business, operations teams, and vendors to oversee third-party relationships .

Posted 10/22/2026full-timeRemote • United StatesMid-LevelSenior💰 $78,100 - $145,700 per yearWebsite

Core Competencies

Role fit
Core Competencies

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Demonstrates expertise in vendor management, contract negotiation, and risk assessment, with a strong focus on compliance and performance metrics. Proficient in analyzing vendor performance and implementing process improvements to drive cost savings and operational efficiency.

Highest-signal resume keywords
Vendor ManagementContract NegotiationRisk AssessmentService Level Agreements (SLAs)Data Analysis

ATS Keywords

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Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills
Vendor Risk AssessmentContract Lifecycle Management (CLM)Contract DraftingPerformance MetricsNegotiation Skills
Soft Skills
Excellent Communication SkillsAttention to DetailCritical ThinkingOrganizational SkillsProactive Mindset
Tools & Technologies
Microsoft OfficeData Analysis ToolsVendor Management Software
Industry Keywords
Third-Party Risk ManagementProcurementComplianceInsurance IndustryBusiness Process Outsourcing

About the role

Key responsibilities & impact
  • Liaise between lines of business, operations teams, and vendors to oversee third-party relationships
  • Manage vendor relationships and contracts across multiple service categories
  • Lead complex negotiations and strategic planning
  • Conduct vendor risk assessments and due diligence
  • Ensure vendor compliance with regulatory requirements, industry standards, and Marsh policies
  • Maintain vendor databases, risk documentation, scorecards, escalation procedures, SLAs, and performance benchmarks
  • Monitor vendor performance and develop process improvement plans
  • Lead business reviews and performance discussions with key vendors
  • Act as an escalation point for dispute resolution and vendor-related business issues
  • Coordinate with procurement, legal, compliance, risk management, technology, accounts payable, and business teams
  • Identify opportunities for vendor consolidation, cost savings, process standardization, automation, and analytical development
  • Manage communication plans and change management controls
  • Review, redline, negotiate, and oversee the lifecycle of contracts, MSAs, and SOWs
  • Create and manage contract summaries, risk assessments, and spend approvals
  • Support vendor selection, evaluation, sourcing, and vendor landscape analysis
  • Analyze vendor spend, performance, risk status, cost savings, trends, and opportunities
  • Prepare ad-hoc reports and present portfolio metrics and risk trend insights to leadership

Requirements

What you’ll need
  • 3+ years of experience in vendor management, procurement, or contract management
  • Demonstrated strong negotiation and contract management skills
  • Experience with service level agreements (SLAs), performance metrics, and contract lifecycle management
  • Experience conducting vendor risk assessments and third-party due diligence
  • Knowledge of risk analysis methodologies and ability to evaluate vendors across multiple risk dimensions
  • Experience managing vendor portfolios across multiple service categories or business functions
  • Familiarity with legal and regulatory requirements related to vendor management, procurement, and third-party risk
  • Proactive and self-starter mindset with the ability to take initiative and drive results
  • Ability to research and resolve issues independently
  • Excellent verbal and written communication skills, with ability to articulate clearly to leadership
  • Strong attention to detail and excellent organizational skills
  • Effective multitasking with ability to work with a sense of urgency and prioritize effectively
  • Proficiency with Microsoft Office and data analysis tools; willingness to learn vendor management software systems
  • Critical thinking and analytical skills to digest complex material, assess risk, and provide strategic recommendations
  • Contract drafting, review, and redline experience with risk mitigation focus is a plus, but not required
  • Contract Lifecycle Management (CLM) platform experience is a plus, but not required
  • Strong understanding of third-party risk management frameworks and lifecycle management is a plus, but not required
  • Familiarity with risk assessment tools and methodologies is a plus, but not required
  • Background managing vendors across technology, professional services, staffing, or business process outsourcing categories is a plus, but not required
  • Experience in the insurance industry or with insurance-related vendors and service providers is a plus, but not required
  • Ability to travel as necessary for meetings is a plus, but not required

Benefits

Comp & perks
  • Generous time off, including personal and volunteering
  • Tuition reimbursement and professional development opportunities
  • Remote work with occasional travel
  • Charitable contribution match programs
  • Stock purchase opportunities
  • Health and welfare benefits
  • 401K savings and other retirement programs
  • Employee assistance programs
  • Competitive total rewards package