Vendor Management Team Leader

Chicago, United States

Vendor Management Team Leader

About HDI Global Insurance Company

HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network of local insurers in over 150 countries, enables us to offer comprehensive domestic and global insurance solutions for U.S.-based multinational companies.

We are currently seeking a Vendor Management Team Leader to join our team, responsible for leading vendor relationships, procurement strategy, and contract management in support of HDI’s U.S. operations.

Position Overview

The Vendor Management Team Leader will oversee the sourcing, negotiation, and management of external vendor partnerships to ensure value, compliance, and performance across the supply chain. This role will collaborate with internal stakeholders, optimize procurement processes, and implement cost-saving strategies while maintaining strong vendor relationships and mitigating risk.

Key Responsibilities

Identify, evaluate, and select vendors; manage onboarding and offboarding processes with clear performance standards.
Negotiate favorable contract terms, pricing, and service levels; manage renewals and stakeholder approvals.
Monitor vendor performance against established metrics and implement corrective actions where needed.
Oversee procurement projects to ensure timely delivery of goods and services within budget.
Collaborate across departments to align procurement strategies with HDI’s operational goals.
Manage vendor budgets, analyze spend, and drive cost optimization initiatives.
Ensure compliance with contractual obligations, corporate policies, and applicable regulations.
Identify and mitigate risks associated with vendor relationships, including supply chain disruptions and non-compliance.
Build and maintain strong, long-term vendor partnerships, acting as the primary liaison.
Drive continuous improvement in procurement processes and vendor management practices.

Required Qualifications

5+ years of procurement, vendor management, or supply chain experience, preferably in financial services or insurance.
Bachelor’s degree in Supply Chain Management, Business Administration, Economics, or related field.
Strong negotiation, contract management, and relationship management skills.
Demonstrated financial acumen with budgeting, forecasting, and cost analysis experience.
Knowledge of procurement processes, contract law, and vendor risk management practices.
Proficiency with ERP systems, contract management software, and related procurement tools.
Excellent analytical, communication, and problem-solving skills.
Ability to manage multiple priorities in a fast-paced, collaborative environment.
Professional procurement certifications (e.g., CPSM, CIPS) preferred.

Compensation

The base salary range for this position is $100,000-$120,000 plus eligibility for a performance-based annual bonus. Actual compensation will be based on a variety of factors including experience, education, and location.

Benefits - HDI Global Insurance Company offers a competitive benefits package, including:

401(k) with company match, Paid Time Off, Sick Leave, Medical, Health Reimbursement Arrangement (HRA), Telemedicine, Wellness Program, Employee Assistance Program (EAP), Dental, Vision, Accident & Critical Illness Insurance, Flexible Spending Account (FSA), Dependent Care FSA, Group and Voluntary Life Insurance, Short- and Long-Term Disability, Pet Insurance, Transit and Parking benefits.

Applicants must be legally authorized to work in the United States. Please note that HDI Global Insurance Company does not currently sponsor, nor assume sponsorship of, employment visas.

All resumes submitted to HDI Global Insurance Company without prior authorization from the Human Resources department will be considered unsolicited. HDI Global Insurance Company and its affiliates will not be responsible for any fees associated with unsolicited submissions.

Equal Opportunity Employer

HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation.

HDI Global Insurance Company participates in E-Verify..

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