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Procurement Contract Associate Manager
2 months ago
About the Opportunity
We are seeking an experienced business professional to join our Procurement team at MassMutual. As a Contract Associate Manager, you will play a critical role in coordinating with internal stakeholders to develop effective commercial contracts. This is a fast-paced environment where you will have wide latitude to make impactful decisions and work closely with business owners, legal, IT, and other teams to drive transactions to completion.
About the Team
Our Procurement team is dedicated to enabling MassMutual's mission and vision by providing the right supplier solution at the right time. We strive to streamline the procurement process, align supplier partners to meet business needs, and continuously increase the value provided to our policyholders.
About the Impact
As a Contract Associate Manager, you will be responsible for negotiating and drafting contractual positions based on documented standards. You will work closely with internal stakeholders, including legal, IT, and enterprise risk, to assess risks specific to each transaction. Your day-to-day responsibilities will include:
- Drafting and/or redlining contracts to ensure MassMutual is adequately protected from risks.
- Understanding the business drivers behind transactions assigned to you and developing an execution plan.
- Communicating with fellow associates, leadership, and third parties to assess risks specific to each transaction.
- Negotiating with suppliers to produce contracts that adhere to MassMutual contracting standards and meet business objectives.
- Driving transactions to completion in a timely manner.
- Working closely with the larger Procurement team and stakeholders as appropriate.
Minimum Qualifications
- Bachelor's Degree.
- 1+ years of experience in contract evaluation, drafting, and negotiation/redlining.
- 1+ years of experience managing supplier engagements and/or engaging with procurement-related functions.
- OR in lieu of a bachelor's degree, we require 12+ years in equivalent professional experience (specifically 3+ years in drafting/negotiating contract terms and conditions, and 3+ years in managing supplier engagements).
Ideal Qualifications
- Acute attention to detail.
- Superior written and verbal communication skills.
- Business acumen and critical thinking.
- Strong organizational and time management skills.
- 1+ years of experience with IT and technology-related contracts, including Software as a Service (SaaS), hardware, software licensing, IT professional services, etc.
- 3+ years of experience developing and executing contracting and negotiation strategies.
- 3+ years of experience managing supplier engagements and/or working with a variety of procurement-related functions.
About What to Expect
- Regular meetings with the Procurement Team.
- Focused one-on-one meetings with your manager.
- Access to mentorship opportunities.
- 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.
