Vendor Management Analyst

ADMINISTRATOR – VENDOR MANAGEMENT

WHY ECONOMICAL?

Because a changing industry calls for a new way of doing things. An ambitious, innovative and fast-paced company, we offer exceptional training and development programs, competitive pay, great benefits, company-matched RRSPs, and paid volunteer days — all within an engaging, fun, and collaborative work environment.

Founded more than 145 years ago, Economical is one of Canada’s leading property and casualty insurance companies. We rely on our national network of more than 800 independent brokers to sell a range of car, home, business, and farm insurance solutions. With Sonnet and Petline, we’re extending our reach through the direct-to-customer channel. With more than 2,400 active employees across the country and a commitment to rethinking the insurance experience, we’re poised for great things.

We’re now adding to our high-performance team to take us into the future. Let’s rethink insurance, together.

In this role:

The Vendor Management Administrator is a member of the Vendor Management team reporting to the Manager, Technology Vendor Management. This team is responsible for planning, executing, reporting, and governing the overall vendor portfolio for Technology Solutions (TS), working with TS management to ensure compliance to the vendor strategy to achieve TS effectiveness goals, and designing critical control reports to enable timely and accurate management decisions.  The team plays a key shared service role to reduce the vendor management activities of department managers in TS.  The team will work closely with the overall TS team to ensure appropriate vendor contracts are in place at the right cost at the right time to meet the needs of corporate and TS initiatives.    

The Vendor Management Administrator will build and manage relationships with TS staffing vendors as well as with vendors that fall within the transactional vendor segments.   Activities will focus on tracking and reporting of key vendor data, software license entitlement, and contract execution activities. 

Your Responsibilities

  • Actively tracking and monitoring software license entitlement

  • Contract execution: gathering signatures, recording pertinent vendor risk data and updating the master vendor list

  • Contract renewal management and escalation

  • External contractors – manage contract renewals, follow up for termination/renewals, maintain tracking log for contractor list

  • Mailbox support including inbox mail management

  • Contract signing meeting management including recording and distribution of meeting minutes and action item follow up

  • Management of transactional vendors – Inquiries, renewals, license entitlement tracking, notable contract terms

Your Skills and Experience

  • Degree or diploma in business, computer science, or a related discipline

  • Ability to work independently as well as in a fast-paced team environment

  • High attention to detail

  • Strong problem-solving skills utilizing good judgement/discretion

  • Motivated self-starter

  • Excellent communication, collaboration and listening skills with the ability to interact effectively with all levels of management and staff

  • Organizational skills to identify, prioritize and meet deadlines

  • Proficient in MS Excel, outlook and word

  • Understanding of Information Technology terminology is a nice-to-have

At Economical, we all work together to come up with big ideas — then bring them to life. We focus on our customers first, we bring our best, and we’re stronger together. If you’ve got the passion and the desire to help us reinvent insurance, let’s talk.

HOW TO APPLY

To complete the online application process, you’ll need to upload your resume before you apply for the role you’re interested in. Please note that only one document can be uploaded, so be sure to combine your resume and cover letter.

We are committed to providing an inclusive work environment that welcomes diversity and supports accessibility across the organization. If you require accommodation at any time during the recruitment process, please let us know by contacting: hrsharedservices@economical.com.

Visit economical.com to learn more about us and what we’re up to.

Economical Insurance includes the following companies: Economical Mutual Insurance Company, Family Insurance Solutions Inc., Sonnet Insurance Company, Petline Insurance Company.