VP, Vendor Management

Primerica

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profile Job Location:

Duluth, MN - USA

profile Monthly Salary: Not Disclosed
Posted on: 6 days ago
Vacancies: 1 Vacancy

Job Summary

Join Our Team

In 2025 USA Today recognized Primerica as a Top Workplace USA for the fifth year in a row and Newsweek named Primerica one of Americas Greatest Workplaces for Diversity for the second consecutive 2024 the Atlanta Journal-Constitution named Primerica as a Top Workplace for the eleventh consecutive year and Forbes recognized Primerica as one of Americas Best Employers for Women for the fifth year in a addition for the tenth time Primerica has been voted a Best Employer by Gwinnett Magazine. Primerica is a great place to work! Join our team to experience what its like to work at one of the best places to work in the metro Atlanta.

About this Position

Primerica is a leading provider of financial products and services including life insurance and asset management to middle-income households in North America. The Vice President of Strategic Vendor Management is a senior leadership role responsible for establishing and overseeing a centralized vendor management function. This position will play a critical role in developing implementing and enforcing company-wide policies and procedures that govern the sourcing evaluation negotiation and ongoing oversight of third-party vendors.
The VP will ensure that vendor partnerships support the companys strategic objectives regulatory obligations and risk management standards while driving cost efficiency performance and innovation. This leader will collaborate closely with legal compliance Finance ETO IT operations and business units to ensure consistent transparent and value-driven vendor engagement across the enterprise.

Responsibilities & Qualifications

Key Responsibilities:

Strategic Leadership & Governance

  • Develop and lead a centralized Strategic Vendor Management Office (VMO) to streamline all third-party sourcing and vendor activities.
  • Design and implement vendor management policies procedures and frameworks that align with corporate goals regulatory requirements and industry best practices.
  • Establish and oversee a comprehensive vendor governance model including decision economics business sustainability segmentation performance reviews risk assessments and exit strategies.
  • Through improved strategic vendor management Identify drive and deliver on cost saving opportunities while maintaining and / or improving on service levels.

Sourcing & Contracting

  • Lead strategic sourcing initiatives including RFIs RFPs and RFQs to ensure competitive and transparent bidding processes.
  • Collaborate with Legal team to standardize contract negotiation protocols and oversee the end-to-end contract lifecycle including terms negotiation renewals and compliance.
  • Partner with Legal/compliance Finance and IT to ensure all contracts meet regulatory / risk standards financial control and economic soundness and data privacy and cybersecurity.

Vendor Performance & Relationship Management

  • Develop and maintain a vendor performance evaluation process including KPIs SLAs and regular scorecards.
  • Drive continuous improvement and innovation by fostering strong value-based relationships with strategic partners.
  • Proactively identify vendor-related risks and implement mitigation plans in partnership with enterprise risk management and legal teams.
  • Identify and implement appropriate tools and technology to support the organizations strategic vendor management goals and objectives

Financial Oversight

  • Collaborate with Finance to manage vendor budgets forecast expenditures identify and drive cost-saving opportunities while balancing service level needs for all parts of the business.
  • Monitor vendor spend and ensure alignment with financial goals and procurement strategies.

Team Leadership

  • Build mentor and lead a high-performing vendor management team.
  • Promote a culture of accountability transparency and operational excellence within the function.

Skills & Competencies

  • Strong strategic thinking and problem-solving skills with an enterprise mindset.
  • Exceptional negotiation and conflict resolution abilities.
  • Experience developing and implementing enterprise-wide policies and procedures.
  • Proven track record in managing complex vendor ecosystems and driving performance improvements.
  • Strong communication and stakeholder engagement skills at the executive level.

Minimum Qualifications

  • Bachelors degree in business administration Supply Chain Management Finance or related field; MBA or advanced degree preferred.
  • 10 years of progressive leadership experience in vendor management sourcing or procurement preferably within financial services or insurance.
  • Deep understanding of contract law third-party risk management and regulatory frameworks.
  • Familiarity with vendor management and procurement platforms

Preferred Qualifications

  • Certifications such as Certified Professional in Supply Management (CPSM) Certified Third Party Risk Professional (CTPRP) or Certified Outsourcing Professional (COP).
  • Experience with vendor management in regulated environments (e.g. financial services healthcare).
  • Knowledge of IT and digital procurement strategies.

FLSA status:
This position is exempt (not eligible for overtime pay):

Yes

Our Benefits:

  • Day one health dental and vision insurance

  • 401(k) Plan with competitive employer match

  • Vacation sick holiday and volunteer time off

  • Life and disability insurance

  • Flexible Spending Account & Health Savings Account

  • Professional development

  • Tuition reimbursement

  • Company-sponsored social and philanthropy events

It has been and will continue to be the policy of Primerica Inc. and its subsidiaries to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless ofrace sex color religious creed religion national origin citizenship status age disability pregnancy ancestry military service or veteran status genetic or carrier status marital status sexual orientation or any classification protected by applicable federal state or local laws.

At Primerica we believe that diversity and inclusion are critical to our future and our mission creating a foundation for a creative workplace that leads to innovation growth and profitability. Through a variety of programs and initiatives we invest in each employee seeking to ensure that our people are not only respected as individuals but also truly valued for their unique perspectives.


Required Experience:

Exec

Join Our TeamIn 2025 USA Today recognized Primerica as a Top Workplace USA for the fifth year in a row and Newsweek named Primerica one of Americas Greatest Workplaces for Diversity for the second consecutive 2024 the Atlanta Journal-Constitution named Primerica as a Top Workplace for the eleventh ...
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Key Skills

  • Risk Management
  • Data Entry
  • Vendor Management
  • Mobile Devices
  • Workers' Compensation Law
  • Automotive Diagnostics
  • Live Chat
  • Merchandising
  • Contract Management
  • Contract Negotiation
  • Cash Handling
  • negotiation

About Company

Company Logo

Primerica (NYSE: PRI) is a leading financial products and services company that distributes term life insurance, mutual funds, and annuities in the United States, Canada, Puerto Rico and Guam. Primerica has over 141,000 independent, licensed sales representatives who provide financia ... View more

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