Lemonade, Inc.

Vendor Manager

Lemonade, Inc.$115K — $125K *
US-Anywhere
+ 2 other locationsRemote
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of vendor management experience in fintech or insurance sectors
  • Experience with insurance vendors preferred, especially in telematics or automotive
  • Bachelor's degree in Finance, Business Administration or related field
  • Excellent communication and stakeholder influence skills
  • Strong problem-solving and project management capabilities
  • Analytical mindset for performance enhancement and cost containment
  • Enthusiastic and open to learning about AI advancements

Responsibilities

  • Lead vendor partnership strategies across multiple business lines
  • Implement initiatives to enhance automation and efficiency within the vendor management team
  • Act as the primary management contact for key external vendors
  • Collaborate with cross-functional teams to improve vendor process workflows
  • Master vendor systems and workflows for effective task completion
  • Audit vendor performance against service level agreements (SLAs)
  • Generate executive-level reports and leverage data for strategic insights

Benefits

  • Flexible work arrangements including remote options
  • Part of a B-Corp, emphasizing social responsibility
  • Engagement in impactful projects through the Giveback program
  • Recognition as a leading workplace by notable publications
  • Opportunities for professional growth in a dynamic environment
Full Job Description
Not your everyday company

Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.

At Lemonade, you'll be working with a group of like-minded makers, who get a kick out of moving fast and delivering great products. We surround ourselves with some of the smartest, most motivated, creative people who are filled with positive energy and good karma.

Unlike most publicly traded companies, we're nimble and efficient. We take pride in the fact that we still think and operate like a startup. We don't care much about titles and hierarchy and instead focus on innovation, bold moves, and challenging the status quo.

We're built as a lean, data-driven organization that relies on a common understating of objectives and goals to provide teams with autonomy and ownership. We don't like spending our days in meetings and we skip committees altogether. At Lemonade, there's no such thing as going over someone's head. We have zero tolerance for bureaucracy, office politics, and lean-back personalities.

As a Public Benefit Corporation and a certified B-Corp, we deliver environmental and social impact using our products and tech. Through our Giveback program, we partner with organizations such as the ACLU, New Story, The Humane Society, Malala Fund, American Red Cross, 360.org, charity: water, and dozens of others, and have donated millions towards reforestation, education, animal rights, LGBTQ+ causes, access to water, and more.

Awarded 'best workplace'

Best Workplace and Best-Led Company by Inc. Magazine

"World Changing" by Fast Company

Recognized as a World Changing Idea by Fast Company Magazine

Ranked #1 Home insurance in America

Won best renters and homeowners insurance in America by US News, and others

Best Pet Insurance in America

Rated "Best Overall Pet Insurance" by Better Homes & Gardens

Rated 4.9 on the App Store

Among the highest rated apps of all time

What you're applying for

We're looking for an experienced Vendor Manager to join Lemonade's Vendor Management team. This is a highly project-oriented role where you'll work closely with business leaders to own external vendor relationships and drive overall vendor strategy amongst our various departments.

You'll be instrumental in defining how we internally manage vendor partnerships, improve performance, and drive scalable processes within the organization.

In this role you'll
  • Lead the strategy for vendor partnerships across one or more lines of business
  • Drive initiatives that increase automation and internal efficiency within the VM team
  • Manage key partnerships with external vendors as the relationship owner
  • Collaborate with internal cross-company teams to refine processes and workflow that impact vendors
  • Master the systems and workflows our vendor partners use to complete tasks
  • Audit vendor performance to ensure SLAs and contractual compliance
  • Produce executive level reporting and utilize data to make strategic recommendations to internal stakeholders

What you'll need
  • 3+ years of experience as a Vendor Manager at a fast paced fintech or insurance company
  • Insurance vendor experience, a plus
  • Bachelor's degree in Finance, Business Administration or related field
  • Proven experience working with Insurance vendors, special emphasis given to candidates with experience managing vendors in the Telematics or Car space
  • Excellent communication skills with the ability to influence stakeholders at all levels
  • Strong problem-solving skills and a proactive approach to identifying and addressing challenges
  • Expert negotiation and project management skills
  • Superb analytical mindset to drive better vendor performance and cost containment
  • Demonstrated ability to read and interpret data from dashboards to drive decision making
  • Ability to work remotely
  • Enthusiasm about learning and adapting to the exciting world of AI - a commitment to exploring this field is a fundamental part of our culture

Unfortunately, we cannot consider applicants from these states; Colorado, California, Montana, Hawaii, New Mexico and Puerto Rico.

*Please note that we are unable to sponsor applicants for work visas

Lemonade's US base salary range for this full-time position is $115,000 - $125,000 + equity + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Speak to your recruiter to hear more about the specific salary range for your preferred location.

Things to know...

Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.

About Lemonade, Inc.

Lemonade, Inc. is a technology-driven insurance company that offers homeowners and renters insurance policies. The company was founded in 2015 by Daniel Schreiber and Shai Wininger and is headquartered in New York, New York. Lemonade uses artificial intelligence and behavioral economics to offer insurance policies to customers in a fast and efficient manner. The company is licensed in all 50 states and the District of Columbia and has over 500 employees. Lemonade is a publicly traded company and is listed on the New York Stock Exchange under the ticker symbol LMND.
Learn more about Lemonade, Inc.
Size
1,119 employees
Market Cap
$933.3 million
Industry
Net Income
-$122.3 million
Founded
2015
Revenue
$94.4 million
NASDAQ

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