TD Insurance, Senior Automotive Group Vendor Manager

Meloche Monnex Inc.; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading company in the insurance sector is seeking a Vendor Management professional to support their vendor management program. The role involves leading vendor relationships, mentoring team members, and ensuring compliance with risk and expense policies. Candidates should have a minimum of 5 years in relevant fields, demonstrating strong leadership and strategic skills.

Qualifications

• Minimum of 5 years in Vendor Management, project management, risk management, sourcing, or General Insurance.

Responsibilities

• Lead and mentor team members, providing performance assessments.
• Set strategic direction for vendor relationships and implement effective strategies.
• Support sourcing category analysis and contract negotiations.

Skills

Leadership

Strategic Thinking

Communication

Organizational Skills

Job description

Reporting to the Vice President Vendor Management, this role will support the development and execution of an industry-leading vendor management program within TDI.

In partnership with strategic sourcing, Third Party Risk Management, and the Claims Operational leadership team, the incumbent will be responsible for developing and implementing vendor performance management initiatives that create better value for TDI Customers, Employees, and Shareholders, while ensuring compliance with TDI risk and expense policies and procedures. The incumbent will provide ongoing professional and specialized support on all vendor activities across business areas as required.

The general accountabilities include but are not limited to:

1. Lead and mentor team members, providing performance assessments to ensure a positive, productive work environment.
2. Create a culture fostering employee engagement, accountability, and high-performance outcomes.
3. Set strategic direction for TD Insurance's critical vendor relationships, leading the VM team in implementing effective vendor strategies and development plans.
4. Ensure beneficial vendor relationships, including service/product delivery, governance, performance management, and continuous improvement.
5. Provide strategic guidance on VM best practices and enterprise vendor management strategy developments.
6. Lead projects to maximize value from third-party spend aligned with enterprise and business goals.
7. Support sourcing category analysis, vendor analysis, and contract negotiations (MSA and EMSA).
8. Stay current with industry trends and benchmarks to ensure the effectiveness of vendor programs.

Job requirements include a minimum of 5 years in Vendor Management, project management, risk management, sourcing, or General Insurance, along with strategic thinking, leadership, communication, and organizational skills.