Director, Third-Party Management

Manulife


Job Location:

Toronto - Canada

Monthly Salary: Not Disclosed
Posted on: 21 days ago
Vacancies: 1 Vacancy

Job Summary

The Director Third-Party Management leads the oversight governance and performance management of third-party suppliers including claims administrators health and specialty service vendors/partnerships.

This role oversees all third party management ensuring partners deliver high quality compliant and cost effective services that support the business and meet regulatory expectations. The Director will serve as a key leader in driving operational excellence managing risk and strengthening third-party partnerships. With accountability for performance outcomes this leader resolves issues closes audit findings and ensures third party controls remain robust and aligned with regulatory contractual and risk requirements.

Key Responsibilities:


Leadership & Team Management

  • Lead support mentor and develop a high-performing third-party management team.
  • Foster a culture of accountability transparency high engagement and continuous improvement across internal teams and third-party partners.
  • Set clear expectations and ensure strong execution across third-party contracting governance and third-party management activities.
  • Provide guidance on complex third-party performance issues and risk issues.
  • Promote and implement consistent best practices and knowledge sharing across the Strategic Partnerships team.


End to End Third Party Management

  • Own and ensure adherence to end to end third party management workflows including intake due diligence onboarding inventory management ongoing monitoring annual third-party governance activities change management and offboarding.
  • Partner with various Risk teams Legal Procurement Operations Finance Distribution and other relevant teams to ensure consistent application of third-party processes across the business.
  • Identify control gaps process inefficiencies and drive remediation through process enhancements tools and governance reinforcement.


Third-Party Oversight & Performance Management

  • Oversee third-party relationships to ensure they meet risk governance frameworks and applicable Procurement standards and Third-Party Risk Management policies.
  • Design and implement a third-party performance management framework including best practices and continuous improvement initiatives (including AI automation opportunities etc.)
  • Define and maintain KPIs dashboards and reporting for leadership.
  • Manage third-party management priorities and plans.
  • Oversee end-to-end third-party performance monitoring including contractual SLA monitoring and overall contract compliance.
  • Lead regular business reviews and performance assessments with third-party partners.
  • Plan execute and oversee all third-party audits and ensure timely and effective remediation of findings identified through audits and other performance monitoring mechanisms.
  • Identify and mitigate operational regulatory and reputational risks associated with third-party services.
  • Oversee third-party fee payments claims funding reconciliation & approval processes
  • Act as the senior escalation point for complex third-party performance or risk issues and work with internal partners (Account Management Legal various Risk teams etc.) to address root causes and implement fixes.
  • Provide actionable insights and recommendations to executive leaders.


Qualifications:

  • Bachelors degree in business or related field.
  • 7-10 years of progressive experience in insurance strategic partnerships third-party governance/management.
  • Strong leadership capabilities with proven ability to guide develop and enable high-performing teams.
  • Proven ability to influence and collaborate across functions including executive level partners.
  • Strong communication presentation and facilitation skills.
  • Strong relationship-building skills and collaborative working style.
  • Strong analytical and problem solving skills with the ability to interpret complex data and drive informed decisions.
  • Knowledge of risk governance requirements and third-party oversight and performance management frameworks.
  • Experience working in a large complex matrixed environment

If the successful candidate is in Québec proficiency in both languages will be required to support clients from various provinces outside of Quebec.

When you join our team:

  • Well empower you to learn and grow the career you want.
  • Well recognize and support you in a flexible environment where well-being and inclusion aremore than just words.
  • As part of our global team well support you in shaping the future you want to see

The role being advertised is an existing vacancy.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider helping people make their decisions easier and lives better. To learn more about us visit is an Equal Opportunity Employer

At Manulife/John Hancock we embrace our diversity. We strive to attract develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment retention advancement and compensation and we administer all of our practices and programs without discrimination on the basis of race ancestry place of origin colour ethnic origin citizenship religion or religious beliefs creed sex (including pregnancy and pregnancy-related conditions) sexual orientation genetic characteristics veteran status gender identity gender expression age marital status family status disability or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process contact .

Referenced Salary Location

Toronto Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$125100.00 CAD - $175100.00 CAD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions geography and relevant job-related factors such as knowledge skills qualifications experience and education/training. If you are applying for this role outside of the primary location please contact for the salary range for your location.

Manulife offers eligible employees a wide array of customizable benefits including health dental mental health vision short- and long-term disability life and AD&D insurance coverage adoption/surrogacy and wellness benefits and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays vacation personal and sick days and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S. please contact for more information about U.S.-specific paid time off provisions.

We use data and analytics technologies such as artificial intelligence (AI) and automated processing tools to analyze and process the information you provide to us or third parties in the application process. For more information please refer to our personal information collection statement.


Required Experience:

Director

The Director Third-Party Management leads the oversight governance and performance management of third-party suppliers including claims administrators health and specialty service vendors/partnerships.This role oversees all third party management ensuring partners deliver high quality compliant and ...

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Manulife is a leading financial services group. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions.

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