Sr. Consultant, External Data & Supplier Relations

Reposted 9 Days Ago
Be an Early Applicant
Hartford, CT, USA
In-Office
82K-135K Annually
Senior level
Insurance
The Role
Manage supplier lifecycle and relationships, support supplier selection and contract negotiation, track supplier performance and cybersecurity issues, perform supplier and data risk management, assist procurement with RFx and pricing reviews, support audit responses, and participate in cross-functional projects to optimize cost and processes.
Summary Generated by Built In
Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category
Finance and Accounting

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range$81,500.00 - $134,500.00

Target Openings
1

What Is the Opportunity?
The External Data & Supplier Relations & Controls team is responsible for the successful ownership and management of the lifecycle and processes used to bring new external data, products, and services solutions into the organization. The team provides solutions to meet business needs and enhance business process, owns the management of external supplier and partner relationships for a line of business and sets procedures for supplier and data risk management for the line of business while providing guidance and direction to business partners. As a Sr. Consultant, External Data & Supplier Relations. you will provide support on tasks related to supplier relations, price negotiation, cybersecurity tracking, risk mitigation and other functions. You will work collaboratively both within and across departments to achieve the team's goals.What Will You Do?
  • Assist with supplier relationship management, supplier and product research, and tracking supplier performance.
  • Assist with supplier risk management, and data risk management and perform line of business supplier risk activities per enterprise and division guidelines.
  • Work with team members and business partners to review contract language and to assist with service level creation & monitoring.
  • Assist Corporate Procurement with contract business price review and negotiation.
  • Manage cybersecurity tracking and assist with issue mitigation with vendors.
  • Assist with area audit response.
  • Work to drive optimal cost of ownership, participate in cross functional teams, assist Corporate Procurement with RFx (request for proposal, information, quote), assist with supplier selection recommendations, maintain sourcing documentation, and assist with managing contract renewals.
  • Participate in team and division projects and other activities as required.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor’s degree.
  • Experience using Microsoft Suite Products.
  • Project planning, negotiating, organizing, documenting and problem-solving skills.
  • Ability to successfully perform in a team environment.
  • Verbal and written communication skills with ability to influence and present to various levels of the organization.
  • Ability to build and administer presentations.
  • Ability to take quick, decisive action in unique and complex situations to meet business objectives and requirements.
  • Ability to foresee challenges and proactively look for ways to create more efficient processes for the business.
  • Knowledge of business law and financial issues.
What is a Must Have?
  • Two years of experience in supplier management, finance, audit, procurement or a related field.
What Is in It for You?
  • Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. 

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

Skills Required

  • Two years of experience in supplier management, finance, audit, procurement or a related field.
  • Bachelor's degree.
  • Experience using Microsoft Suite Products (Excel, Word, PowerPoint).
  • Project planning, negotiating, organizing, documenting and problem-solving skills.
  • Ability to successfully perform in a team environment.
  • Strong verbal and written communication skills with ability to influence and present to various levels of the organization.
  • Ability to build and administer presentations.
  • Ability to take quick, decisive action in unique and complex situations to meet business objectives.
  • Ability to foresee challenges and proactively create more efficient processes.
  • Knowledge of business law and financial issues.

Travelers Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Travelers and has not been reviewed or approved by Travelers.

  • Retirement Support Feedback suggests total rewards are bolstered by a 401(k) match, a company‑funded pension, and a program that contributes to retirement savings when employees make student‑loan payments. These elements are consistently portrayed as standout strengths of the package.
  • Leave & Time Off Breadth Feedback suggests time off is generous from the start, with substantial PTO, paid holidays, and the option to purchase additional days. Defined leaves such as short‑term disability and bereavement further enhance perceived flexibility.
  • Healthcare Strength Feedback suggests medical, dental, and vision coverage is comprehensive, with multiple plan choices, HSAs/FSAs, and robust mental‑health and wellness resources. Day‑one eligibility and added programs like caregiver support and specialty care navigation reinforce depth.

Travelers Insights

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The Company
HQ: Hartford, CT
35,118 Employees

What We Do

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other. Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers. Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount. By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.

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