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Procurement Contract Manager
1 month ago
Procurement Contract Manager Procurement Team
Full-Time,
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. You will be responsible for negotiating and drafting contract terms tailored to each deal, while collaborating with cross-functional stakeholderssuch as legal, IT, and enterprise riskto deliver strategic and compliant outcomes. This role is central to driving operational excellence and mitigating contractual risks in a fast-paced environment.
On the MassMutual Procurement team, our goal is to enable MassMutuals 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.
This role involves understanding the underlying business problem and creatively solving it by working with internal stakeholders to gain their input and approvals as necessary, explaining deal terms and risks to the internal engagement manager, and negotiating terms directly with the supplier. You will have a deep support structure in our Procurement organization including Category Management and Supplier Relationship Management, among other dedicated functions.
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
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
Bachelor's Degree
~3+ years of experience in contract evaluation, drafting and redlining
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
What to Expect as Part of MassMutual and the Procurement Team:
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
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
California residents: