Vendor Relationship Management Analyst

Title: Vendor Relationship Management Analyst

Location: United States, Chesterfield, MO, RGA HQ

Full time

Hybrid

Job Description:

You desire impactful work.

You’re RGA ready

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

Overview of the Role:

The role of the Vendor Relationship Management Analyst is to support the growing vendor management function through RGA’s procurement function. This is a new role that will help to build out the vendor management process for key suppliers and vendors.  RGA has invested in new processes, policies, and systems to help manage vendors and this role will assist in the deployment of a robust relationship management process.

This role enjoys a hybrid work model local to Chesterfield, MO.

What you will do

• Vendor Selection, Segmentation,  and Onboarding:

The analyst identifies, evaluates, and selects new vendors, and manages the onboarding process for new and existing vendors. 

• Contract Management:

They manage vendor contracts, ensuring compliance with company policies and industry regulations. This includes tracking key contract terms (SLAs), renewals, and amendments. 

• Performance Monitoring:

The analyst monitors vendor performance against agreed-upon key performance indicators (KPIs) and service level agreements (SLAs), identifying areas for improvement and implementing corrective actions. 

• Risk Management:

The analyst assesses and mitigates potential risks associated with vendors, such as financial instability, security breaches, or supply chain disruptions. 

• Relationship Management:

They build and maintain strong relationships with vendors, acting as a point of contact for communication and issue resolution. 

• Reporting and Analysis:

The analyst prepares reports on vendor performance, costs, and other relevant data, providing insights to management. 

Qualifications Required:

• Education: Bachelor’s degree in either Accounting, Finance, Economics or related field in procurement, sourcing, or supply chain management or relevant work experience required
• Experience: Minimum 2 years of work experience preferably in procurement, vendor management, or sourcing discipline required
• Well organized and can organize around deadlines or competing priorities

• Highly motivated with a pro-active work approach and ability to effectively prioritize and make things happen. ‘Can do’ attitude.
• Ability to work harmoniously within the team environment and be able to communicate with a wide range of audiences outside of procurement and finance.
• Ability to balance detail with departmental goals/objectives. Ability to handle multiple tasks and projects simultaneously, balancing priorities, and deliverables.
• Clear communication skills, both written and presentation skills
• Proficiency using Microsoft Office applications (Word, Excel, Outlook)
• Excellent organizational and analytical capabilities
• Excellent attention to detail

#LI-LP1

#LI-Hybrid

What you can expect from RGA:

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.

• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.

• Join the bright and creative minds of RGA, and experience vast, endless career potential.

Compensation Range:

$87,050.00 - $131,450.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.