0 Saved Jobs Procurement Contract Manager Springfield, Massachusetts; Boston, Massachusetts Job Category Procurement

ID R21236 OVERVIEW

JOB

DESCRIPTION

HIRING PROCESS CULTURE BENEFITS Thank you to our employees for voting us one of the top places to work in Massachusetts for seven consecutive years! Overview A career with us means you'll work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are at the foundation of what enables MassMutual to deliver on our purpose to help people secure their futures and protect the ones they love. We embrace the idea that we all are stronger and better through our support for one another. We strive to create a culture where employees feel valued and are celebrated for who they are. Roger Crandall CEO "Since our founding in 1851, mutuality has put our policyowners at the center of everything we do. At our core, we're a company of people helping people in their time of need, and that spirit extends to the culture we've built at our company. Our employees support and rely on each other each day, collaborating to deliver the best solutions for our customers and help millions more secure their future and protect the ones they love." Job Description Procurement Contract Manager Procurement Team Full-time Boston, MA or Springfield, MA The Opportunity 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 stakeholders—such as legal, IT, and enterprise risk—to deliver strategic and compliant outcomes. This role is central to driving operational excellence and mitigating contractual risks in a fast-paced 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 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. Requirements of the role include but are not limited to: Understanding the business drivers behind transactions assigned to you and developing an 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 Minimum Qualifications HS diploma or equivalent 5+ years of professional corporate work experience. 3+ years of experience reviewing, negotiating, and analyzing business agreements, commercial documents, policies, procurement activities, or similar business transactions. Ideal Qualifications Experience drafting and redlining contracts. Experience identifying business, operational, financial, compliance, or contractual risks and recommending mitigation strategies. Experience collaborating with stakeholders to resolve business, operational, or commercial issues and support sound business decisions. Experience assessing third-party, operational, compliance, information security, privacy, or enterprise risks to support appropriate risk mitigation and governance requirements Experience collaborating with Risk Management and business stakeholders to identify, assess, and mitigate risks. Experience managing contract-related activities within a procurement functional area. Experience with MSAs, SOWs, SaaS agreements, and/or other commercial contracts. Experience managing supplier/vendor relationships. Familiarity with contract lifecycle management (CLM) systems and contract governance processes. What You Can Expect at MassMutual MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect: Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes A collaborative environment where perspectives are welcomed Access to learning, development, and internal networks that support continuous growth and skill-building over time Employee-led communities and forums that foster connection, learning, and inclusion across the organization A culture grounded in integrity, responsibility, and stewardship—supported by a company with a strong legacy and a future-focused mindset #LI-EG1 MassMutual 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 (opens in new window) page. MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.

Salary Range:

$88,300-$115,900