Procurement Contract Associate Manager (Hiring Immediately) at MassMutual

Procurement Contract Associate ManagerProcurement TeamFull-time Boston, MA or Springfield, MAThe OpportunityMassMutual 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 departmentssuch as legal and ITto 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 TeamOn 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.The ImpactOn 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 Qualifications1+ year of experience in contract evaluation, drafting, and redlining contracts and negotiating with suppliersBachelors DegreeOR in lieu of a bachelors degree, we require High School Diploma or GED and 6+ years of equivalent experience with specifically 2+ years in drafting/negotiating contract terms and conditions and 2+ years in managing supplier engagementsThe Ideal Qualifications1+ years of experience include redlining and negotiation of IT and technology related contracts including but not limited to Software as a Service (SaaS), hardware, software licensing, IT professional servicesDetail-oriented with a track record of accuracyExcellent written and verbal communication skillsStrong organizational and time management skillsAbility to work collaboratively with procurement teams and stakeholdersEagerness to learn and further develop contract negotiation skillsWhat to Expect as Part of MassMutual and the TeamRegular meetings with the Procurement TeamFocused one-on-one meetings with your managerNetworking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource GroupsAccess to learning content on Degreed and other informational platformsYour ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits#LI-MM1MassMutual is an equal employment opportunity employer. We welcome all persons to apply.If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.