Manager/Sr Manager Supplier Financial Governance

Location: Chicago, IL

A path for every ambition.

At HUB, we believe the best work happens when people are given real space to grow and then given the autonomy to exercise it. We power progress and protect ambition: for the clients who count on us, and equally for the people who make that possible every day.

We’re creative thinkers and determined doers, guided by values that show up in how we work together: with empathy, adaptability, accountability and a genuine commitment to one another’s success. We foster bold ideas, celebrate curiosity and share what we know. Because when people grow, the work they do grows with them.

Our purpose is deeply human: to help people navigate the world on their terms, at their speed, toward their future. We hold that same commitment to the people building careers here.

Whether you’re starting out or leveling up, you’ll find the resources to evolve, the support to take on more and a team ready to back you at every stage.

Your ambition has a home here.

ABOUT US

At HUB International, we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn, grow, and make a difference. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.

HUB is a global insurance and employee benefits broker, providing a boundaryless array of business insurance, employee benefits, risk services, personal insurance, retirement, and private wealth management products and services. With over $5 billion in revenue and almost 20,000 employees in 600 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions

Manager / Senior Manager, Supplier Financial Governance

We are hiring a Manager or Senior Manager to join our Technology Business Management (TBM) function within the Technology & Operations organization, reporting to the Director, Technology Business Management. This is an opportunity to build and enhance Hub International's Supplier Financial Governance/ Technology Vendor Management discipline. The person in this role will drive the end-to-end lifecycle for technology agreements outside of Procurement's managed portfolio, serving as the connective tissue between TechOps teams who own the vendor relationship, TBM Planning who owns the budget, and Procurement who brings commercial negotiation expertise.

The right person is equally comfortable negotiating contract terms with a vendor, building a vendor profile, and walking a Technology & Operations leader through the budget impact of an upcoming renewal. This role requires someone who can operate in ambiguity, enhance current processes, build new processes, and establish credibility quickly across a complex, matrixed organization.

In This Role, You'll Get To

Vendor Lifecycle Management

Build and maintain a comprehensive supplier repository covering all technology agreements, including contract metadata, renewal dates, spend data, and vendor tiering.

Proactively flag renewals months in advance, creating a proactive, disciplined, forward-looking renewal management process.

Evaluate every renewal against the technology roadmap and strategic priorities before commitment is made, preventing misaligned multi-year lock-ins.

Own the full intake-to-close process for technology agreements: identify upcoming renewals, engage TechOps stakeholders, gather requirements and pricing, validate budget and GL/profit center coding, secure approvals per the authorization matrix, and close out agreements.

Vendor Negotiations and Commercial Terms

For agreements not actively managed by Procurement, own vendor negotiations end-to-end, including pricing discussions, right-sizing license counts, and securing favorable commercial terms.

Ensure all agreements include standard procurement protections: inflation caps, appropriate contract term lengths, termination rights, SLA commitments, and price escalation guardrails.

Coordinate NDA execution, third-party risk assessments, and legal review for new vendors and material agreement changes.

Partner with Procurement on agreements they are actively leading, providing TBM financial context, budget validation, and spend forecasting to support their negotiation efforts.

Adopt and align to Procurement best practices for commercial terms, negotiation playbooks, and vendor engagement protocols.

Budget Partnership and Financial Integration

Work closely with the TBM Planning team to validate budget availability, confirm GL and profit center coding, and align agreement pricing to the current budget and forecast before commitments are made.

Provide TBM Planning with forward-looking renewal intelligence so that upcoming vendor commitments are reflected in budget planning cycles and forecast submissions.

Give senior leadership budget visibility ahead of vendor commitments so they can assess financial impact, weigh tradeoffs, and make informed investment decisions.

Vendor Profile and Platform Management

Partner with the TBM Platform team to build and maintain vendor profiles in Apptio, including budget allocations, forecast data, vendor tiering, service descriptions, and contract metadata.

Ensure vendor data in Apptio is accurate, current, and supports the cost transparency reporting that leadership relies on.

Upload executed contracts and supporting documentation to LinkSquares as the centralized contract repository.

Governance and Process Development

Define and document the supplier financial governance playbook for Hub, including intake workflows, approval matrices, escalation paths, and standard operating procedures.

Establish a structured cadence for renewal reviews, vendor performance check-ins, and portfolio-level reporting to leadership.

Build trusted relationships across TechOps, Procurement, Legal, and Finance to establish this function as a valued, embedded partner rather than a compliance checkpoint.

We Are Looking for Someone with the Following Competencies

Supplier Governance and Vendor Lifecycle Management deep understanding of how to manage a technology vendor portfolio at scale, including contract administration, renewal management, vendor tiering, and portfolio-level reporting

Commercial Negotiation demonstrated ability to negotiate SaaS agreements, professional services SOWs, and infrastructure contracts; fluency in pricing structures, inflation protections, auto-renewal provisions, and termination rights

IT Financial Acumen solid grasp of budgeting, forecasting, and GL/profit center coding; ability to assess vendor spend data, identify cost optimization opportunities, and communicate financial impact to leadership

Process Design and Build track record of standing up new functions or disciplines, including the ability to define workflows, document procedures, and drive adoption across a complex organization

Cross-Functional Partnership skilled at building working relationships with Technology, Finance, Procurement, and Legal stakeholders; able to influence without authority and navigate a matrixed environment

Platform and Tool Proficiency working knowledge of contract lifecycle management platforms, ERP systems, and familiarity with vendor management tools; Apptio, LinkSquares, and Oracle experience preferred

Required Experience

• Bachelor's degree in Finance, Accounting, Business, Information Systems, or a related field required.
• 7+ years of experience in IT vendor management, technology procurement, supplier governance, or technology financial management.
• Demonstrated experience negotiating technology contracts, including SaaS agreements, professional services SOWs, and infrastructure contracts.
• Strong understanding of commercial contract terms: pricing structures, inflation protections, auto-renewal clauses, termination rights, and SLA frameworks.
• Experience working with ERP systems (Oracle preferred) for vendor master setup and invoice processing workflows.
• Working knowledge of contract repository platforms such as LinkSquares or equivalent.
• Ability to partner cross-functionally across Technology, Finance, Procurement, and Legal with minimal supervision.
• Strong analytical skills with the ability to assess vendor spend data, identify cost optimization opportunities, and communicate financial impact to leadership.
• Comfort operating in ambiguity and building processes from scratch in a discipline that is new to the organization.

Preferred

• Experience with TBM frameworks, Apptio, or IT financial management platforms.
• Background in insurance, financial services, or similarly regulated industries.
• Familiarity with third-party risk management processes and vendor security assessment workflows.
• Experience standing up a vendor management or supplier governance function from the ground up.
• Knowledge of FinOps principles and cloud financial management concepts.

JOIN OUR TEAM

Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you join HUB International, you will be part of a community of learners and doers focused on our Core Values: entrepreneurship, teamwork, integrity, accountability, and service.

The expected salary range for this position is $ 130,000 to $175,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HAS and 401(k) accounts, paid-time-off benefits such as vacation, sick, personal, floating holidays and company holidays. In addition, eligible annual bonuses, equity and commissions may be available for some positions.

What we offer you

We invest in your growth. HUB offers structured training, licensing support, and ongoing development opportunities designed to accelerate your career. Benefits and programs vary based on employment status, role, location, and applicable eligibility requirements.

Competitive pay with comprehensive health benefits, retirement savings matching, and company-paid life and disability plans

Generous paid time off, paid parental leave and a wellbeing program designed to support real work/life balance

A collaborative, high-performing culture with meaningful engagement, community impact through HUB Gives and genuine room to grow your career

The HUB difference

HUB International is one of North America’s largest insurance brokers, delivering risk management, insurance, employee benefits, retirement and wealth management solutions to businesses and individuals across the United States and Canada — through locally led teams backed by national expertise, giving you the agility of a local partner and the reach of a global organization.

Equal Employment Opportunity: HUB International Limited is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

Reasonable Accommodations: HUB International Limited is committed to providing reasonable accommodations to qualified individuals with disabilities throughout the application and hiring process. If you need a reasonable accommodation to access our career site, complete an application, or participate in any part of the hiring process, please contact the Recruiting Team at [email protected]. This contact information is for accommodation requests only and should not be used to inquire about the status of an application.

E-Verify: HUB International Limited participates in E-Verify. Please refer to Our Recruiting Process | Applicant Notices: E-Verify Program for additional information.