Vendor Risk Manager – Open to hiring at Senior level
Posted on 4/4/2023
Des Moines, IA, USA
Experience Level
Desired Skills
  • Bachelor's Degree in related field or direct and applicable work experience in insurance, financial services, banking, or another heavily regulated industry
  • Minimum of 2 years' experience managing relationships; such as vendor management, account management and/or risk management, including conducting initial and ongoing vendor due diligence, risk assessments, and recommending risk mitigation strategies in accordance with company policies and procedures
  • Minimum of 1-year of Procurement and Contract Administration experience
  • Strong collaboration and interpersonal skills with the ability to quickly build relationships focused on collaboration and trust
  • Must exhibit a risk management mindset, one focused on overall risk assessments with the ability to recommend risk mitigation strategies
  • Ability to solve problems, develop solutions and assist the business leaders in achieving their financial and performance goals and objectives. Demonstrated ability to develop and maintain high-performance relationships with internal and external stakeholders and customers
  • Possess excellent written and oral communication skills and be a self-starter
  • Must show an ability to effectively establish thriving working relationships with all stakeholders, both internally and externally
  • Demonstrated ability to influence without authority and communicate upward and across divisions
  • Ability to think strategically and pro-actively partners with the business to drive results
  • Must be self-motivated and have a sense of urgency, with the ability to see what needs to be done and take action to ensure successful and timely accomplishments of business needs
  • Proficient in Microsoft Office (Word, Excel, and Power Point)
  • Flexibility to work within a complex organization and the ability to partner with all levels in the business
  • Prior experience creating and defining processes and developing metrics to measure impact
  • Proficient in Microsoft Office (Word, Excel, and Power Point)
  • Bachelor's Degree
  • Prior experience in Health Insurance
  • As the Vendor Risk Manager, you will be responsible for developing, overseeing, and maintaining vendor risk and relationships in collaboration with internal and external parties. This position will have accountability for corporate risk mitigation oversight over assigned Wellmark vendors including, but not limited to, overseeing contractual compliance, building positive relationships with vendor contacts, monitoring and reporting, as well as measuring vendor performance. You will collaborate and consult with business stakeholders seeking input and participate in the vendor management process. You will also assist with managing and monitoring vendors covered by government programs and/or regulatory bodies
  • Ideal candidates have at least two years of experience managing relationships and a minimum of one year of experience serving in a procurement or contract administration capacity. You exhibit a global/strategic mindset with a demonstrated history of maintaining collaborative and high-performance relationships. To be successful in this role, you will be expected to think proactively, operate with a sense of urgency, and possess the ability to influence others without authority. If this sounds like you, apply today!

1,001-5,000 employees

Mutual insurance provider
Company Overview
Wellmark’s mission is to provide a broad array of high quality, accessible, affordable, and cost competitive health insurance products and services. The company is committed to delivering affordable and sustainable healthcare options by collaborating with various health-care partners to ultimately deliver a greater quality of health and life to future generations.
  • Medical and prescription drug coverage
  • Dental coverage
  • Vision plan
  • Compensation: comprised of two components: base pay or annual salary, and potential pay from the Performance Incentive Program (PIP), awarded annually when financial and customer measures are successfully achieved.
  • Financial Benefits: competitive financial benefits through a generous 401(k) savings and investment plan.
  • Educational assistance
  • Pathways to Wellness incentives
  • Employee Assistance Program
  • Time off
Company Core Values
  • Use your strengths
  • Develop your story
  • Focus your health