Vendor Management Team Leader

HDI Global SE; Chicago (IL); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

401(k) with company match

Paid Time Off

Medical insurance

Wellness Program

Pet Insurance

Job summary

A multinational insurance provider is seeking a Vendor Management Team Leader in Chicago, IL. This role involves leading vendor relationships, managing procurement strategies, and handling contract management to support U.S. operations. The ideal candidate has over 5 years of experience in procurement or vendor management, a relevant Bachelor's degree, and strong negotiation skills. Competitive salary range of $100,000-$120,000 plus bonuses offered.

Qualifications

• 5+ years of procurement, vendor management, or supply chain experience, preferably in financial services or insurance.
• Demonstrated financial acumen with budgeting, forecasting, and cost analysis experience.
• Excellent analytical, communication, and problem-solving skills.

Responsibilities

• Identify, evaluate, and select vendors; manage onboarding and offboarding processes.
• Negotiate favorable contract terms and manage renewals.
• Monitor vendor performance and implement corrective actions.

Skills

Negotiation

Contract management

Relationship management

Financial acumen

Analytical skills

Communication skills

Problem-solving

Education

Bachelor’s degree in Supply Chain Management, Business Administration, Economics, or related field

Professional procurement certifications (e.g., CPSM, CIPS)

Tools

ERP systems

Contract management software

Job description

Overview

HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network of local insurers in over 150 countries, enables us to offer comprehensive domestic and global insurance solutions for U.S.-based multinational companies.

We are currently seeking a Vendor Management Team Leader to join our team, responsible for leading vendor relationships, procurement strategy, and contract management in support of HDI’s U.S. operations.

Responsibilities

• Identify, evaluate, and select vendors; manage onboarding and offboarding processes with clear performance standards.
• Negotiate favorable contract terms, pricing, and service levels; manage renewals and stakeholder approvals.
• Monitor vendor performance against established metrics and implement corrective actions where needed.
• Oversee procurement projects to ensure timely delivery of goods and services within budget.
• Collaborate across departments to align procurement strategies with HDI’s operational goals.
• Manage vendor budgets, analyze spend, and drive cost optimization initiatives.
• Ensure compliance with contractual obligations, corporate policies, and applicable regulations.
• Identify and mitigate risks associated with vendor relationships, including supply chain disruptions and non-compliance.
• Build and maintain strong, long-term vendor partnerships, acting as the primary liaison.
• Drive continuous improvement in procurement processes and vendor management practices.

Required Qualifications

• 5+ years of procurement, vendor management, or supply chain experience, preferably in financial services or insurance.
• Bachelor’s degree in Supply Chain Management, Business Administration, Economics, or related field.
• Strong negotiation, contract management, and relationship management skills.
• Demonstrated financial acumen with budgeting, forecasting, and cost analysis experience.
• Knowledge of procurement processes, contract law, and vendor risk management practices.
• Proficiency with ERP systems, contract management software, and related procurement tools.
• Excellent analytical, communication, and problem-solving skills.
• Ability to manage multiple priorities in a fast-paced, collaborative environment.
• Professional procurement certifications (e.g., CPSM, CIPS) preferred.

Compensation

The base salary range for this position is $100,000-$120,000 plus eligibility for a performance-based annual bonus. Actual compensation will be based on a variety of factors including experience, education, and location.

Benefits

HDI Global Insurance Company offers a competitive benefits package, including:

• 401(k) with company match
• Paid Time Off
• Sick Leave
• Medical
• Health Reimbursement Arrangement (HRA)
• Telemedicine
• Wellness Program
• Employee Assistance Program (EAP)
• Dental
• Vision
• Accident & Critical Illness Insurance
• Flexible Spending Account (FSA)
• Dependent Care FSA
• Group and Voluntary Life Insurance
• Short- and Long-Term Disability
• Pet Insurance
• Transit and Parking benefits

Additional Information

Applicants must be legally authorized to work in the United States. HDI Global Insurance Company does not sponsor or assume sponsorship of employment visas.

HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation. E-Verify participation is required.