Procurement Consultant 

Full-Time

Boston, MA or Springfield, MA

The Opportunity

At MassMutual, we’re passionate about helping millions of people find financial freedom and this passion has driven our approach to developing highly interactive digital experiences for our customers. As a Procurement Consultant, you will be responsible for managing supplier relationships, negotiating deals, facilitating sourcing events, and providing directed and independent analytical support for the assigned categories. 

To help us achieve our mission, we are hiring a Procurement Consultant to join our team.

The Team

Our ideal Procurement Consultant candidate will serve as a procurement subject matter expert for your category, partnering across the business and with other procurement functional areas including responsible sourcing, and procurement operations.  A strong mix of analytic, strategic negotiation, creativity, strategic vision, and communication skills will ensure your success in this role.

The Impact

This role focuses on being a subject matter expert (SME) to assigned business groups.  The Procurement Consultant partners with business leaders/internal procurement group to meet expectations to make sure that all purchases are smart, timely, cost-effective, and aligned with MassMutual Procurement policies. 

Drive key sourcing events and negotiations, leveraging the full suite of sourcing capabilities and market analysis

Responsible for managing and negotiating deals for select supplier relationships in the organization

Coordinate with Procurement, Contracting, Spend Analytics, Risk, Responsible Sourcing, Accounts Payable, Enterprise Risk Management, Enterprise Technology etc. to ensure an effective sourcing process and end-to-end supplier management approach

Champion third party risk management process compliance

Partner with Procurement to develop and execute supplier negotiations strategies to achieve the best value and least risk for MassMutual

Collaborate with cross-functional teams to ensure key contracting elements, including service level agreement components and evaluation process are aligned and included in the draft contract before passing to Legal for review

Lead supplier onboarding and offboarding activities, including, but not limited to, coordinating supplier training, granting system access and ensuring that the supplier is familiar with their main contacts within MassMutual

Determine and lead appropriate supplier specific ongoing monitoring plan (operational business review meetings, executive oversight meetings, issue management reviews, performance monitoring, contract management reviews, risk management reviews etc.)

The Minimum Qualifications

3+ years procurement, sourcing and negotiation experience

The Ideal Qualifications

B.S. in business or related fields

Experience in financial or insurance industry desirable

Experience in working complex sourcing projects

Experience creating and leading RFI/RFX sourcing activities to realign suppliers in the category

Possesses a strong understanding and prior working experience in supplier management activities including performance management (SLAs, KPIs etc.), relationship management, contracting and risk management

Seasoned individual capable of handling broad-scope projects with short to medium term focus independently

Team player who collaborates with business units and functional partners (i.e., IT, finance, HR, legal)

Extensive experience in negotiating agreements and managing complex vendor / client relationships and being creative to structure win-win outcome while optimizing value for MassMutual

Strong influencing skills to encourage leaders from across MassMutual towards positive supplier relationships and results delivery

Courage to influence across the organization for compliance with standards and escalate noncompliance when needed

Demonstrated verbal and written communication, change management capabilities, business acumen, project management and leadership skills

Ability to lead through transition; Communicate the vision for the future and provide motivation for people to change; Address questions and resistance to change with confidence and an understanding of what is needed for buy-in

What to Expect as Part of MassMutual and the Team

Regular meetings with the Procurement Team

Focused one-on-one meetings with your manager

Access to mentorship opportunities

Networking opportunities participation in Employee Resource Groups

Access to learning content on Degreed and other informational platforms

Access to industry leading pay and benefits

#LI-MM1

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. EEO Statement (Opens in new window)

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: $86,200.00-$113,100.00