Contract Manager

Who We Are – MassMutual Romania

MassMutual Romania is a technology partner of MassMutual, a leading financial services company in the U.S., with a more than 170-year legacy. Established in 2020, the Romanian company is building an in-house team passionate about technology and innovation. We have expertise in software development, data science, and a wide range of technologies. With offices in Bucharest and Cluj, and team members across the country, MassMutual Romania develops technological solutions that help MassMutual deepen its digital capabilities and accelerate its growth in a digital-first world.

Job Description

Reporting to: Contracts Director

Department name: Enterprise Procurement

Location: Romania (Bucharest or Cluj-Napoca)

Key Goal: Lead and manage complex commercial agreements with precision and confidence.

Job Description

In this multifaceted role, the Contract Manager will oversee multiple projects simultaneously, leveraging strong communication, organization and analytical skills to ensure alignment with internal policies and business objectives. Furthermore, the Contract Manager 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.

If this vision excites you, come join us! This is a great opportunity to be a part of the transformational journey at MassMutual Romania. As we continue to grow our business and look for new ways to engage with customers, technology will be paramount, and you can be a part of this important work.

Responsibilities

• 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.

Requirements

• Bachelor's Degree
• 3+ years of experience in contract evaluation, drafting and redlining
• Detail-oriented with a consistent track record of accuracy and precision
• Outstanding written and verbal communication skills, with the ability to convey complex ideas clearly and effectively
• Proven business insight coupled with sharp critical thinking
• 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.

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