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MassMutual · 6 days ago

Procurement Contract Manager

Springfield, MA

Contract

Onsite

Mid Level

3+ years exp

MassMutual is looking for a dynamic and experienced Contract Manager to lead and manage complex commercial agreements with precision and confidence. In this multifaceted role, you will oversee multiple projects simultaneously, leveraging strong communication, organization, and analytical skills to ensure alignment with internal policies and business objectives.

FinanceFinancial ServicesInsuranceLife InsuranceRetirement

Responsibilities

Understanding the business drivers behind transactions assigned to you and developing an execution plan

As the central point of contact for each contract, you will leverage your organizational skills and influence to ensure deals are negotiated and executed in accordance with business timelines

Engaging with internal stakeholders including the line of business, legal, compliance and data security groups to assess risks specific to each transaction

Drafting and redlining contracts to ensure that MassMutual is adequately protected from risks by relying upon your skills to assess the impact of deviations from standards and engage internal stakeholders when required

Negotiating with suppliers to produce contracts that adhere to MassMutual contracting standards and meet business objectives

Planning and executing negotiation strategy in a timely manner while adjusting to changing circumstances

Working closely with the larger Procurement team, and stakeholders as appropriate

Identifying inefficiencies in existing procedures, uncovering bottlenecks, and proposing innovative solutions to streamline contracting processes

Qualification

Contract negotiationContract draftingRisk assessmentStrategic contractingStakeholder collaborationTime managementProblem-solvingCommunication skillsDetail-oriented

Required

Bachelor's Degree

3+ years of experience in contract evaluation, drafting and redlining

Preferred

Detail-oriented with a consistent track record of accuracy and precision

Outstanding written and verbal communication skills, with the ability to convey complex ideas clearly and effectively

Proven business insight coupled with sharp critical thinking

Highly organized with demonstrated time management and problem-solving capabilities

Experience in developing and executing strategic contracting and negotiation approaches for sophisticated commercial agreements

Proficient in collaborating with diverse procurement teams, including supplier relationship management and category strategy development

Benefits

Regular meetings with the Procurement Team

Focused one-on-one meetings with your manager

Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups

Access to learning content on Degreed and other informational platforms

Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits