Vendor Manager - Tech
Job
Medica Services Company LLC
Minnetonka, MN (In Person)
$125,382 Salary, Full-Time
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Job Description
Vendor Manager
- Tech Minnetonka, MN Job Details $100,300
- $172,000 a year 7 hours ago Benefits Paid holidays Health insurance Dental insurance 401(k) Paid time off Vision insurance Volunteer time off Qualifications Performance dashboard reports Vendor relationship building IT sourcing Strategic management Cloud infrastructure Regulatory compliance Bachelor's degree in business Contract management in healthcare 8 years Analysis skills Developing strategic sourcing strategies Bachelor's degree Continuous improvement Decision making Vendor relationship management Data interpretation Third-party risk management Contracts Vendor contract management Business Administration Request for proposal Procurement contract negotiation Cybersecurity Senior level SaaS Strategic partnerships Cross-functional collaboration Business Ad-hoc reporting Healthcare compliance Data-driven decision making Vendor risk management Communication skills Full Job Description Vendor Manager•Tech Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond.
Area of Focus:
Tech:
Engineering, Product Management, Security, and related technical categoriesKey Accountabilities:
Lead the full vendor lifecycle, including onboarding, performance reviews, various renewal activities, and offboarding Ensure timely execution of contract renewals, amendments, and terminations in collaboration with ES&P and business units Drive contingent labor management with suppliers, including staffing vendors, system integrators, and managed service providers, covering workforce planning, onboarding/offboarding controls, rate management, and compliance. Maintain accurate vendor records, scorecards, and performance dashboards. Monitor service delivery metrics to ensure accountability and high performance. Perform oversight of compliance with contractual obligations, SLAs, and regulatory requirements Track and manage remediation plans, audit findings, and risk mitigation strategies Serve as the primary liaison between Medica and vendors, fostering trust and long-term collaboration Facilitate Quarterly Business Reviews (QBRs), strategic planning sessions, and vendor engagement events Influence vendor executives (Directors, VP & C-Suite) as a trusted partner to drive innovation and continuous improvement Analyze vendor portfolios to identify overlaps, reduce duplicative spend, and recommend consolidation opportunities to ES&P Partner with ES&P sourcing teams onRFI/RFP/RFQ
processes and contract negotiations Develop and present reporting on savings achievements, opportunities, and service-level compliance Lead initiatives as required requiring coordination across vendors with Medica Operations, Compliance, Product, Risk, and other teams Translate vendor insights into actionable strategies that improve Medica experience and make recommendations when applicable Educate Medica on vendor management best practices, tools, and policies Use data to diagnose performance gaps, validate trends, and prioritize interventions Run ad-hoc analyses and scenario modeling to support rapid decision-making Partner with ES&P analytics teams to define metrics and dashboards for vendor performanceRequired Qualifications:
Bachelor's degree in business or equivalent experience in related field 8+ years of experience in vendor management, BPO operations, or related fields Proven experience managing technology vendors and contingent workforce suppliers, including SaaS platforms, cloud infrastructure, IT services, and staffing or consulting firms. Strong understanding of technology contracts, SLAs, licensing models, consumption‑based pricing, rate cards, statements of work (SOWs), and time‑and‑materials engagements.Skills and Abilities:
Strong understanding of contract lifecycle management and sourcing processes Proven ability to lead and influence with measurable business impact Exceptional communication and presentation skills with internal and vendor executives Strong analytical skills with experience turning complex data into actionable insights Industry experience in healthcare, fintech, or technology (preferred) Knowledge of compliance-heavy functions (Fraud, Payments, Compliance, Information Security) is a plus Collaboration & Teamwork. A true team player who believes success is a team sport and works toWIN TOGETHER
Accountability & Execution. You demonstrate ownership, courage, and tenacity to OWN IT andDELIVER IT
Have an Analytical Mindset. Well versed in using data to diagnose performance gaps, validate trends, and drive decisions (MOVEWITH DATA
) Adaptability & Growth Mindset. Embrace change, invest in continuous learning using company provided tools and external resources available to you, and you seek opportunities toLEARN, GROW AND ADAPT
Demonstrate Communication Excellence. You can present complex information clearly to executives and diverse audiences Negotiation & Problem-Solving. Strong ability to resolve issues, manage risk, and create win-win solutions Knowledge of third‑party risk management, cybersecurity requirements, labor compliance, worker classification risk, and co‑employment considerations. This position is an Office role, which requires an employee to work onsite, on average, 3 days per week. We are open to candidates located near one of the following office locations: Minnetonka, MN, or Madison, WI. The full salary grade for this position is $100,300- $172,000. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $100,300
- $150,465.
US:
Medica does not offer work visa sponsorship for this role. All candidates must be legally authorized to work in the United States at the time of application. Employment is contingent on verification of identity and eligibility to work in the United States. We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.Similar jobs in Minnetonka, MN
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