[Hiring] Third Party Management Senior Advisor @The Cigna Group

Role Description

The Third-Party Management (TPM) Senior Advisor is an integral member of the team that manages the Tech Professional Services category within Global Procurement and Third-Party Management. This position is responsible for overseeing the governance, execution, and value realization of the enterprise Strategic Partner Fund. This fund operates as a co-investment model with preferred strategic suppliers, aiming to accelerate transformational initiatives across digital, AI, and platform modernization.

The TPM Senior Advisor ensures that initiatives funded by partners are directly aligned with enterprise and Senior Leadership Team (SLT) priorities, comply with the fund's intent, and deliver measurable value through supplier-led assets, accelerators, and scalable solutions.

The role requires frequent communication with senior leadership to help develop strategies that support global Technology initiatives, projects, and programs. The TPM Senior Advisor also provides support to Procurement and Sourcing teams during negotiations, RFPs, and proposal evaluations. A strong understanding of legal contracts, analytical skills, and financial acumen are highly valued for the role.

Key Responsibilities

• Strategic Partner Fund Management
  • Support the day-to-day management of the Strategic Partner Fund, including handling intake, prioritization, and tracking of partner-funded initiatives.
  • Ensure that all funded efforts are consistent with the fund's purpose and operating guidelines, focusing on transformational, asset-based, and scalable initiatives rather than services, renewals, or budget offsets.
  • Coordinate with internal stakeholders to confirm that proposed initiatives are relevant to the enterprise, aligned with the SLT, and ready for implementation.
  • Track partner commitments, allocations, and utilization to ensure compliance with agreed investment frameworks.
• Governance & Value Realization
  • Assist in preparing materials, summaries, and recommendations for governance forums and leadership review.
  • Collaborate with business, technology, and finance stakeholders to establish success metrics and ensure that initiatives deliver measurable value to the enterprise.
  • Monitor the progress and outcomes of funded initiatives, escalating any risks, misalignment, or scope changes as necessary.
  • Maintain clear documentation to ensure transparency, auditability, and justifiability of all funding decisions.
• Strategic Partner Coordination (Vendor Engagement)
  • Act as a coordination point for preferred strategic suppliers participating in the fund, ensuring adherence to engagement expectations and established procedures.
  • Facilitate communication between internal sponsors and partners to support the delivery of assets, accelerators, or capabilities.
  • Reinforce the policy that the fund is not intended for staff augmentation or routine service delivery.
• Special Projects & Ad Hoc Initiatives
  • Support special strategic initiatives related to partner strategy, co-investment models, innovation pilots, or new enterprise priorities as they arise.
  • Prepare briefing materials, conduct analyses, and produce executive-ready summaries to aid decision-making.
  • Contribute to the ongoing improvement of the fund model, governance processes, and operational playbooks.

Qualifications

• 7 plus years of experience in third-party management, procurement, or operations and management is strongly preferred.
• Proven ability to build and maintain relationships with Senior and Executive leaders both within and outside the organization to accomplish objectives through contracted engagements.
• Experience in preparing, modifying, and reviewing contracts, including Service Level Agreements, Master Service Agreements, and Statements of Work.
• Demonstrated negotiation and third-party management skills, with a preference for candidates with direct negotiation experience involving internal and external partners.
• Strong presentation, written, and verbal communication skills for interaction with all levels of leadership.
• Ability to prioritize tasks and perform effectively in environments characterized by high ambiguity and fast-paced activity.
• Proficiency in Microsoft Word, Excel, PowerPoint, and familiarity with artificial intelligence tools.
• A Bachelor’s degree in supply chain management preferred.

Requirements

• If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

Company Description

• Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
• Please note that you must meet our posting guidelines to be eligible for consideration. Policy can be reviewed at this link.
• Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.