Careernet

Third Party Management Associate Advisor

Careernet

Hyderabad, Telangana, India · Full Time

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Experience
5+ yrs
Salary
Openings
1
Posted
4 days ago

Where you'll work

Job description

About the role

This position is for a Third Party Management Associate Advisor in Hyderabad, Telangana. The role sits within the Global Procurement, Third Party Management, and Shared Services (GPTPMS) organization, which delivers procurement-related support to the broader Cigna Group. It is a practical, execution-focused opportunity to help strengthen third-party management capabilities in the innovation hub and contribute to the future direction of procurement and TPM for the business.

The role requires close collaboration with leadership and cross-functional stakeholders, with responsibility for supplier governance, supplier issue handling, supplier performance improvement, and risk reduction across supplier agreements.

Work schedule

The shift timing for this role is 2:30 PM to 11:30 PM IST.

Key responsibilities

  • Carry out supplier governance activities in the TPM tool for assigned vendors, including profiling suppliers, conducting research, reviewing spend, and completing other assigned tasks.
  • Support vendor assessments such as SLA checks, business continuity plan reviews, contact information updates, insurance certificate reviews, and similar evaluations.
  • Monitor supplier scorecards and survey data, and use this information to measure supplier performance and sentiment across the enterprise.
  • Support TPM colleagues and leaders with everyday supplier management, issue resolution, performance tracking, and related operational work.
  • Partner with sourcing teams, other TPM professionals, and business requesters to assist with supplier performance management and negotiation efforts.
  • Prepare reports and perform analysis on spend trends and supplier portfolios as required.
  • Analyze expiring contracts, renewals, and pipeline data to help business teams and strategic sourcing activities.
  • Process terminations and non-renewals of supplier agreements, making sure the supplier offboarding steps are completed correctly.

Required experience and qualifications

  • At least 5 years of relevant experience.
  • Background in contracting or vendor management within indirect procurement.
  • Experience working in procurement or third-party management across onshore/offshore operating models.
  • Bachelor’s degree in a related technical or business discipline, or an equivalent combination of education and work experience.
  • Exposure to third-party management platforms such as ProcessUnity, Ariba, or comparable procurement systems, as well as CLM tools like Icertis or similar solutions.
  • Experience working in a matrix organization and coordinating with internal partners to achieve business goals.
  • Experience across indirect procurement categories such as health and wellness, business process outsourcing, technology, corporate services, and related areas.

Skills needed

  • Strong written and verbal communication
  • Supplier governance
  • Vendor management
  • Third-party risk management
  • Contract review and interpretation
  • Stakeholder management
  • Time and project management
  • Procurement operations
  • Reporting and data analysis
  • Supplier performance management

Preferred background

  • Experience in healthcare-related areas such as health services, health insurance, pharmacy benefits management, or similar domains.
  • Familiarity with HIPAA, Business Associate Agreements (BAAs), and other US healthcare-related concepts.
  • Knowledge of purchase order terminology and procure-to-pay processes, including standard industry practices.
  • Experience coaching or mentoring team members.
  • Professional certifications such as SIG, CSCP, CPM, or similar credentials are desirable.

Who can apply

This role is open to any graduate who meets the experience and skill requirements.

Employer information

The hiring organization is Careernet, listed as a consultancy.

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