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MassMutual · 1 day ago

Procurement Contracts Manager - Enterprise Procurement

Hartford, CT

Contract

Onsite

Senior Level

7+ years exp

MassMutual is hiring for an experienced procurement professional with substantial contract drafting and negotiation experience. This role involves understanding the underlying business problem and resulting transaction, working with internal stakeholders to gain their input and approvals, and negotiating terms directly with the supplier.

FinanceFinancial ServicesInsuranceLife InsuranceRetirement

Responsibilities

Understanding the business drivers behind transactions assigned to you and developing a deal 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

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

Working closely with the larger Procurement team, and stakeholders as appropriate. You will be expected to coach and train less experienced Contract Managers

Qualification

Contract draftingContract negotiationProcurement functionsRisk assessmentOrganizational skillsCommunication skillsProblem-solving skillsTime managementLeadership traitsSelf-awareness

Required

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

7+ years of experience working with all procurement functions

Bachelor's Degree

Preferred

Deep experience assessing contract quality

Superior written and verbal communication skills

Proven ability to explain complex legal language to business audiences

Strong organizational skills, time management and problem-solving skills

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, LGBTQ, 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