Sr. Vendor Relations Specialist II

Pacific Life Insurance Company$124K — $152K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of relevant experience in vendor relations and IT sector
  • Ability to work independently with minimal supervision
  • Strong written and verbal communication skills
  • Proficiency in life insurance operations and outsourcing pricing
  • Solid understanding of project management methodologies
  • Strong analytical and critical thinking skills
  • 4-year degree or equivalent experience

Responsibilities

  • Cultivate vendor relationships to foster collaboration
  • Act as liaison between company and vendors for effective communication
  • Lead performance monitoring and identify improvement trends
  • Coordinate with internal teams to align vendor opportunities with strategic goals
  • Serve as primary contact for vendor inquiries and issues
  • Share data insights with vendors to enhance decision-making
  • Ensure adherence to project oversight and stakeholder requirements

Benefits

  • Comprehensive health benefits including Medical, Dental, and Vision
  • Generous paid time off plan and holiday schedules
  • Paid parental leave and adoption assistance
  • Competitive 401k plan with employer contributions
  • Focus on employee wellbeing with flexible benefits
Full Job Description
Job Description:

We're actively seeking a talented Sr. Vendor Relations Specialist in our Newport Beach, CA or Charlotte, NC office.
• This role is on-site. You'll work at our Newport Beach, CA or Charlotte, NC office.

Vendor Relationship Management
  • Cultivate and nurture strong working relationships with vendors to foster productive and collaborative partnerships.
  • Act as liaison between company and vendors, ensuring clear communication and mutual understanding as appropriate for the relationship.
  • Drive moderately complex initiatives, bringing in new perspectives to solve business problems with a goal of improving customer experience and operational efficiency.
  • Provides guidance for the documentation of procedural changes in partnership with the Knowledge Management team to support vendor processing and related Pacific Life processes as needed.
  • Proficient knowledge in supporting Technology areas ranging from Incident Management, SaaS, Cloud and Hybrid Environments, Data Centers, IT Operations and more.


Performance Monitoring
  • Lead vendor performance monitoring to identify trends and implement changes as appropriate.
  • Identify areas for improvement and collaborate with vendors and senior team members to implement necessary changes.
  • Collaborate with internal teams to identify and communicate vendor opportunity trends that support our strategic goals.
  • Lead weekly/monthly vendor performance calls, as assigned to discuss performance metrics, improvements, and feedback, leading as necessary.
  • Keep track of service level agreements (SLAs) and quality standards with vendors to ensure that commitments are met and exceeded when possible.
  • Establish best practices, ensuring contract/invoicing compliance, maintain pricing oversight and adherence to fee approval limits.


Communication and Service Support
  • Serve as primary point of contact for vendor inquiries, addressing questions and resolving day-to-day issues as appropriate with minimal guidance form senior team members.
  • Foster open lines of communication to promote transparency and effective collaboration.
  • Provide timely responses to vendor-related inquiries, maintaining a high level of professionalism and accuracy.
  • Keep vendors informed about relevant initiatives, changes, and updates that impact the vendor relationship.
  • Partner closely with internal teams to enhance the vendor experience and address any challenges collaboratively.
  • Works closely with Data teams to leverage, interpret, and apply sound analytics to internal and external data sources to support informed decision making.
  • Ensures all assigned initiatives adhere to Ops project oversight expectations; Stakeholder needs and business requirements vetted and documented, business impacts evaluated, project outcomes/ decisions tracked and communicated; Keeps tasks in line with project scope through completion; Collaborates effectively with business partners across enterprise to gain consensus and ensure long term sustainability while meeting objectives; Feedback sought and/or provided to measure and evolve shape work quality.
  • Viewed as the SME by the Business Operations area on any assigned vendor relationships and is highly regarded as a key partner in managing the day-to-day operations. Feedback received from Business Operations should be reflective of this partnership, criticality of this role and ability to drive outcomes with our vendors.
  • Visible and active participant in any issues related to the assigned vendor relationships with an eye towards identifying and communicating ways in which business operations can run more effectively/efficiently within the context of the vendor engagement.


The experience you bring

5+ years relevant experience, demonstrating the following:
  • Strong desire to deliver a superior customer service experience.
  • Ability to work independently with minimal instruction, guidance, and direction from others.
  • Ability to communicate in writing moderately complex thoughts and ideas, verbally and in writing.
  • Proficient in Life insurance and Annuity operations activities and strong understanding of various outsourcing pricing models.
  • Proficient in Microsoft Office with aptitude for Microsoft Excel and Microsoft PowerPoint
  • Solid understanding of project management processes/methodologies.
  • Experience working in the IT sector and/or managing IT vendor relationships.
  • Strong analytics skills.
  • Strong critical thinking skills.
  • Proficient Leadership skills- ability to prioritize and manage completing priorities.
  • 4-year degree or equivalent experience.


You can be who you are.

People come first here. We're committed to an inclusive workforce. Learn more about how we create a welcoming work environment at www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

#LI-TM1

Base Pay Range:

The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$124,830.00 - $152,570.00

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we're committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
  • Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
  • Paid Parental Leave as well as an Adoption Assistance Program
  • Competitive 401k savings plan with company match and an additional contribution regardless of participation


You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

About Pacific Life Insurance Company

Pacific Life Insurance Company Careers

There has never been a more opportune time to join the dynamic team at Pacific Life Insurance Company—a leader in the insurance industry known for its commitment to innovation, leadership, and professional growth.

Work You’ll Do

Join Pacific Life Insurance Company’s esteemed team to assist in pioneering efforts that drive the insurance industry forward. At the intersection of technology, industry expertise, and digital innovation, Pacific Life Insurance Company stands as a beacon of transformative solutions and services. Lead in a unique position in the marketplace, leveraging deep industry knowledge and a commitment to digital innovation to enhance client experiences and outcomes. Engage with a diverse global team of business and technology advisors, helping clients navigate through their challenges with cutting-edge solutions. Collaborate with dedicated professionals who are at the forefront of integrating technology and insurance services to deliver exceptional results.

Introducing the Pacific Life Insurance Company Professional Growth and Development Initiative

The initiative aims to build a leading advisory team to guide some of the most well-known companies through their transformation journeys, utilizing innovative insurance solutions.

Do Innovative Work

Be part of a team that is not just the largest but the most knowledgeable in the insurance sector, with a focus on delivering targeted solutions through a depth and breadth of consulting experience that is unmatched.

Drive Innovation and Leadership

Work on a wide range of projects that harness the capabilities of Pacific Life Insurance Company’s robust technological and service-oriented frameworks.

Future-Proof Your Career

Advance your career with Pacific Life Insurance Company, where the opportunities for growth are vast, supported by comprehensive training, development, and certification programs.

Explore Job Opportunities and Internships

Discover various job opportunities and internship positions that allow you to bring your skills and passion to a team that values innovation and leadership. Pacific Life Insurance Company is committed to fostering a culture of diversity and inclusion, providing a platform for professional development and personal growth.

The Pacific Life Insurance Company Employment Experience

With a commitment to diversity training and a culture that promotes networking and professional growth, Pacific Life Insurance Company helps team members thrive in a supportive and dynamic environment. Clients and employees alike look to Pacific Life Insurance Company for leadership in creating industry-leading solutions that promote growth and innovation.

Stay Connected

Join the Team

Search open positions that match your skills and interests. Pacific Life Insurance Company seeks passionate, curious, creative, and solution-driven team players.

SEARCH PACIFIC LIFE INSURANCE COMPANY JOBS

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the professionals who work at Pacific Life Insurance Company.

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