Vendor Management and Insurance Specialist

When you join the Members 1st team, you become part of something much bigger than a credit union. You become part of our faM1ly-a tight-knit bunch with big dreams and even bigger values. It is an exciting time for us as we continue to grow, and we hope that you will choose to grow along with us. Wanting the absolute best for our associates means more than just competitive pay. It means fantastic healthcare, paid benefits, opportunities for professional advancement and work-life balance - and best of all, a place where you are accepted and respected for your individuality.

The Vendor Management and Insurance Specialist conducts vendor management activities supporting the organization's objectives for value-driven vendor partnerships and focused on risk management, reliability, and cost-effectiveness. This position requires the ability to review markets, support contract negotiation, and support relationships with key suppliers to drive cost savings, improve efficiency, and ensure high-quality products and services are delivered on time.
Key responsibilities include but are not limited to:
* Identify and evaluate potential suppliers, ensuring they meet our company's quality, cost, and delivery requirements.
* Assist in the development and implementation of vendor management strategies that align with organization goals and market trends. Review spend data and assess opportunities for cost reductions and process improvements.
* Assist in negotiations with suppliers to secure favorable pricing, terms, and conditions. Ensure contracts comply with corporate policies and legal standards.
* Build and maintain strong relationships with suppliers, managing performance through regular reviews and addressing any concerns or issues.
* Conduct market research to stay updated on industry trends, emerging suppliers, and potential opportunities for innovation or cost savings.
* Work closely with cross-functional teams (e.g., Legal, Finance, IT) to understand requirements, align vendor management strategies, and ensure timely procurement of goods/services.
* Assist in identifying and mitigating supply chain risks, such as disruptions, delays, or quality issues. Assist in the development of contingency plans to ensure continuous supply.
* Track and report on vendor management and procurement metrics. Ensure that vendor management initiatives contribute to the organizations' overall cost-reduction goals.
* Continuously monitor and assess supplier performance based on key performance indicators (KPIs) such as quality, delivery, and cost. Implement corrective actions when necessary.
* Complete corporate insurance renewal applications and any new coverage applications as required based on evolving risks.
* Initiate insurance claims based on specific loss scenarios and compile data as required by the insurer to substantiate the claim.
* Work with the insurance broker to maintain an accurate listing of the credit union's property and insured values.

This is a hybrid opportunity that will require you to be in office at our headquarters (Enola, PA) 2-3 days per week. The position may require in-person training.

SKILLS
* Advanced analytical, problem-solving and critical thinking skills
* Strong interpersonal, communication and collaboration skills
* Highly focused on details and desired outcome for each work task
* Strong organizational, analytical and problem-solving skills and sufficient expertise to organize details
* Ability to work independently and effectively prioritize and manage multiple projects on a simultaneous basis

COMPETENCIES
* Effective knowledge
* Accountability and self-management
* Teamwork and leadership
* Communication
* Innovation and problem-solving

WORKING CONDITIONS/PHYSICAL DEMANDS
* Ability to communicate effectively in English, both orally and in writing
* Visually able to perform activities such as preparing and analyzing data and figures, viewing a computer terminal, and extensive reading
* Ability to sit for extended time periods
* Sufficient manual skill for operation of PC keyboard and other standard office equipment
* Ability to travel, including occasional overnight travel
* Ability to exert minimum amounts of force occasionally to lift, carry, push, pull or move objects

3-5 years of related experience

We are excited to offer a competitive salary for this position. This figure serves as the entry point in our salary range, and there is potential for the actual salary to be higher based on a variety of factors, such as your experience, skills, education, and location. We believe in recognizing and rewarding talent, so our compensation packages are thoughtfully designed to reflect the unique qualifications and contributions of each candidate.

At Members 1st, we look for individuals who will show up as their whole self because we value diversity, inclusion, and belonging, as well as people who believe in the philosophy of, WE>me. To be sure you align with our company mission, vision, values and culture reference the information below.

Company Culture is at Our Core

If there is one concept, we want you to understand about us, it is this. WE. It is a simple little word but means everything here. We think as one. One faM1ly. One community. One place where everyone belongings. Everything we do is in the best interest of all of us.

What WE Believe

Our Missions: WE serve our members, associates, and communities through support, empowerment, and meaningful relationships.

Our Vision: WE are growing our faM1ly by delivering everything they need to live well financially, through all life's moments and milestones.

Our Values: WE deliver unparalleled experiences through a culture of WE. WE > me. WE are servant leaders- at work and in the communities we serve. WE are financially safe and sound stewards of members dollars. WE are faM1ly.

Join a company that grows with you - personally and professionally

Members 1st provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.