Vendor Management Lead

Illinois, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, InsuranceIndustries

Requirements

Candidates must possess a Bachelor's degree and progressive operational experience, including leadership experience over a large metric-intensive operational unit. Proficiency in Microsoft Office applications (Word, Excel, PowerPoint), strong verbal and written communication skills, and strong facilitation skills are required. The ability to travel up to 25% as needed is also a requirement. A Master's degree and certifications such as Six Sigma or from the Project Management Institute are preferred, as is prior experience in a healthcare or insurance setting and knowledge of Medicaid.

Responsibilities

The Vendor Management Lead will act as a liaison between vendors and the organization, reviewing and negotiating contract terms, and managing day-to-day vendor communications. This role involves building and maintaining positive vendor relationships, monitoring vendor performance, and researching and resolving invoice and contractual discrepancies. The Lead will also make decisions on moderately complex to complex technical approaches for project components and perform work without direction, exercising considerable latitude in determining objectives and approaches for assignments.

Skills

Vendor management

Contract negotiation

Vendor relationship management

Invoice and contract issue resolution

Project/component technical approach

Microsoft Office (Word, Excel, PowerPoint)

Communication (verbal and written)

Facilitation

Travel management (up to 25%)

Operational leadership

Data/problem analysis

Healthcare/insurance domain knowledge (preferred)

Humana

Health insurance provider for seniors and military

About Humana

Humana provides health and well-being services, focusing on Medicare Advantage plans for seniors, military personnel, and communities. Their plans include HMO, PPO, and PFFS options, designed to improve health outcomes through comprehensive and flexible coverage. Humana's revenue comes from government contracts and member premiums, and they aim to maintain high renewal rates by offering quality service and competitive benefits. The company stands out by fostering a culture of inclusivity and belonging among its employees, while also ensuring accessibility for all members, including offering free language interpreter services. Humana's goal is to deliver value to its members through an extensive provider network and innovative health solutions.

Louisville, KentuckyHeadquarters

1961Year Founded

IPOCompany Stage

Social Impact, HealthcareIndustries

10,001+Employees

Risks

Potential over-reliance on AI could disrupt operations if systems fail or are compromised.

Rising medical costs and tightening Medicare reimbursements may strain financial performance.

Leadership change with new CEO Jim Rechtin could lead to strategic disruptions.

Differentiation

Humana is a leader in Medicare Advantage plans, focusing on seniors and military personnel.

The company emphasizes inclusivity, offering free language interpreter services for accessibility.

Humana leverages AI and cloud technologies through a partnership with Google Cloud.

Upsides

Humana's investment in Healthpilot enhances digital enrollment for Medicare options.

The company is the first insurer to cover TMS therapy for adolescent depression.

Humana's focus on value-based care aims to improve outcomes for kidney disease patients.

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