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Vendor Relationship Manager

Job Description - Vendor Relationship Manager

Description

Our Verisk Strategic Alliances business is thriving! We are seeking an experienced and professional Vendor Relationship Manager to monitor vendors in the P&C markets and manage licensing and contracts with other consultants. You'll work to protect our intellectual property, maximize opportunity for revenue, and enhance products and services for our customers. This non-commission role benefits from broad exposure to various departments, products and services and personnel.



Responsibilities
  • Manage VSA vendor accounts
  • Assist with the administration of the Consulting Agreement Process with 3rd party vendors and consulting companies
  • Support and/or manage other compliance functions related to vendor licensing
  • Assist with administering amendments to insurer contracts when working with 3rd party vendors
  • Assist with supporting our auditors as they plan and conduct audits of our vendor alliances and assist with resolving audit findings
  • Strategic analysis of vendor partner ecosystem with the goal of continuous improvement
  • Draft and negotiate contracts and licenses as necessary
  • Work with various levels of management and departments including: Law Department, Business and Product areas, Customer Service, Sales, Finance, Audit
  • Maintain positive relationships and help to ensure the satisfaction of existing client vendors for the purpose of maintaining or growing their revenue base with ISO/Verisk
  • Assist Relationship Managers and Team in executing on its goals
  • Other assignments to support the Unit, as needed


Qualifications
  • College degree and/or equivalent and 5-7 years’ work experience
  • Sales/marketing experience preferable with solutions and services to policy administration, software, technology and consulting vendors servicing property and casualty insurers
  • Experience with licenses, contracts and negotiations.
  • Familiarity with ISO forms, loss costs, rules and various underwriting products preferred.
  • Strong communication, interpersonal, negotiation, organizational, research and analytical skills.
  • Must have demonstrated ability to develop and maintain effective relationships with customers including handling difficult and complex customer issues and related projects.
  • Must be able to perform essential job duties with or without reasonable accommodation.


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