Procurement Contract Associate Manager

Procurement Contract Associate Manager

Procurement Team

Full-time

Boston, MA or Springfield, MA

The Opportunity

MassMutual is seeking a Procurement Contract Associate Manager with at least one year of experience to join the Procurement team to negotiate commercial agreements. In this role, you will ensure documents meet company policies and business needs. You will work closely with team members and other departments—such as legal and IT—to help draft, review and finalize contract terms. This position is a great opportunity to build your skills in contract management and learn how to support business operations in a collaborative environment.

The Team

On the MassMutual Procurement team, our goal is to enable MassMutual’s mission and vision by providing the right supplier solution at the right time.  Our mission is to streamline the procurement process, align supplier partners to meet business needs and continuously increase the value provided to our policyholders.

The Impact

On a day-to-day basis, the Procurement Contract Associate Manager will orchestrate multiple simultaneous projects which will require excellent communication, organization, time management, and problem-solving skills. The focus is on negotiation and drafting contracts based upon documented standards and with support from the Procurement organization, including Category Management and Supplier Relationship Management stakeholders s, as well as subject matter experts across the enterprise.  This role supports the contracting process by working with internal stakeholders to gather input and approvals, explaining deal terms and risks to the business, and negotiating with suppliers.

Key Responsibilities :

• Understand the business drivers behind assigned transactions and help develop an execution plan.
• Serve as a central point of contact for each contract, using organizational skills to help ensure deals are negotiated and executed on time.
• Engage with internal stakeholders (line of business, legal, compliance, data security) to help assess risks specific to each transaction.
• Draft and redline contracts to help ensure MassMutual is protected from risks, escalating deviations from standards to internal stakeholders as needed via documented escalation paths.
• Engage in negotiations with suppliers to help produce contracts that meet MassMutual standards and business objectives.
• Collaborate closely with the Procurement team and other stakeholders.
• Identify inefficiencies in existing procedures, help uncover bottlenecks, and suggest improvements to streamline contracting processes.

The Minimum Qualifications

The Ideal Qualifications

What to Expect as Part of MassMutual and the Team

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MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

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