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Director, Vendor Management & Demand Planning

Brown & Brown Insurance
Daytona Beach, United Statesfull_timeVerifiedPosted 27 Sept 2024
💰 $150,000/yr($140,000/yr$150,000/yr)

About the role

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is an independent insurance intermediary that through its licensed subsidiaries provides a variety of insurance and reinsurance products and services to corporate, public entity, institutional, trade, professional, association, and individual clients. Headquartered in Daytona Beach, Florida, offices are located across the United States, with products and services offered through four major business divisions. We are listed on the NYSE at BRO. Our drive to be the best has made Brown & Brown one of the largest and most respected independent insurance intermediaries in the nation, with over 75 years of continuous service. The Company is ranked as the sixth largest such organization in the United States and seventh in the World by Business Insurance magazine.

You are a strategic thinker passionate about driving solutions in Vendor Management and Demand Planning. You have found the right team.

As a Leader for Vendor Management and Demand planning, you will spend each day defining, refining, and delivering set goals for our team. This role will create and maintain demand and capacity forecast models for our teams.

Vendor Management optimizes business performances by helping to drive vendor cost optimization and governance. We act as trusted advisors and counterweight to business leaders, and are responsible for identifying, escalating, and mitigating business risks. The role of a vendor manager is dynamic and can vary from business to business, in line with the priorities of the different lines of business.

This is a very strategic position for Vendor Management team and covers various engagements for Technology & Operations. Below is a list of key tasks for the role

Essential Duties and Responsibilities:

  • Lead demand planning activities and ensure collaboration with cross-functional teams to develop monthly/weekly forecasts for specific product(s)/customer(s)/channel(s) as assigned/needed based on the business needs and maintain forecasts that align with the strategies and objectives of the business.

  • Track KPIs and provide reports that give visibility of the demand and resource capacity. 

  • Driving contracting and vendor strategy across the division

  • Serve as the gateway between vendors, our business partners and corporate groups

  • Ensure appropriate technical considerations addressed in contracts, SLAs and acceptance criteria captured

  • Relationship ownership for full vendor spend

  • Assist in contract negotiation in partnership with business and procurement teams  

  • Understand and influence: pipeline, vendor requirements, resource planning and financial impact

  • Enforce consistent payment discipline by processing invoices on time and ensuring we capture as much early pay discount as possible 

  • Identify opportunities, make recommendations and help execute changes for increased efficiencies with vendor spend, for example consolidation, working with preferred vendors who give JPM preferential rates 

  • Act as a portfolio manager from a Risk Management perspective on corporate Third-Party Oversight tools

Required:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

  • 8+ years’ experience in Vendor Management function

  • Energetic and dynamic in style

  • Highly motivated self-starter with excellent time management/prioritization skills

  • Present well to senior and global business heads

  • Able to forge strong internal relationships across a broad range of functions

  • Self-motivated, tenacious and able to work with high degree of independence

  • Excellent written and oral communication skills

  • Able to both define and deliver to conclusion a strategic agenda across multiple groups

  • Strong analytical and problem-solving skills with ability to analyze large data sets and present conclusions concisely

  • Excellent project management and organizational skills

  • Attention to detail with logical thought process

What we offer:

  • Excellent growth and advancement opportunities

  • Competitive pay based on experience.

  • Discretionary Time Off (DTO)

  • Generous benefits package: health, dental, vision, 401(k), etc.

  • Employee Stock Purchase Plan

  • Tuition Reimbursement and Student

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Company

Brown & Brown Insurance

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