Category Manager MA
Company: MassMutual
Location: Worcester
Posted on: April 24, 2024
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Job Description:
We have 3 Category Manager positions open on 3 different teams-
Marketing, Annuities & 3rd party Distribution, Enterprise Risk
Management & Sustainability
Full-Time
Boston, MA, Springfield, MA
The Opportunity
Do you thrive in a fast-paced environment where you have wide
latitude to make impactful decisions? Does the idea of working
closely with Stakeholders to help achieve their goals and
initiatives to further the organization's mission interest you? Do
you enjoy a role that offers a wide variety of responsibilities,
and "something new every day"?
On the MassMutual Procurement team, we have a goal 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.
As a Category Manager, you will be responsible for managing all
elements of MassMutual's category strategy for your assigned area.
This will include the design, development, and oversight of a
category plan (strategy). You will also serve as the lead contact
between key business executives and procurement, understanding
their strategy and aligning your category strategy appropriately.
You will serve as the procurement expert for your category,
partnering across the business and with other procurement
functional areas including strategic sourcing, supplier diversity,
and procurement operations. A strong mix of analytic, strategic
vision, and communication skills will ensure your success. You will
partner closely with teams in the MassMutual Procurement
Organization and cross-functional stakeholders to ensure that our
supplier relationships are being optimized across multiple facets
including innovation, value realization, continuous improvement,
and risk mitigation.
In this role, as well as all roles within MassMutual, you will
demonstrate accountability, agility, a dedication to be inclusive,
a strong business acumen, and will show courage, even in the most
difficult situations. We also highly value strong communication
skills, a passion for learning, leadership traits, resilience and
self-awareness.
The Team
The team is comprised of seasoned, collaborative professionals with
experience in procurement, category management, supplier
management, and sourcing. The broader procurement team in a rapidly
developing and growing group of procurement professionals who are
excited about transformation and improving procurement.
The Impact
Develop and execute complex category and supplier strategies
aligned with business goals and budgetary targets
Responsible for managing key supplier relationships
Ensures that services and products meet the strategic needs of
stakeholders. Participates in the negotiation process of service
level agreements and ensures that contractual obligations are
met
Champion third party risk management process compliance and
Supplier Diversity
Create and monitor category budgets, as appropriate
Explore supplier and market opportunities to improve upon current
spending
Actively engage internal stakeholders across the enterprise to
ensure frequent communication and alignment on overall MassMutual
supplier management strategies and strategic supplier specific
strategies.
Guide Procurement in preparation for and facilitating of contract
negotiations and oversee the overall contracting process from a
supplier experience and quality standpoint
Lead supplier onboarding and offboarding activities, as well as
managing appropriate supplier specific ongoing monitoring plans.
Investigate on all supplier issues by working with relevant
internal stakeholders and help the supplier to resolve issues
efficiently
Minimum Requirements
Bachelor's degree in Finance, Supply Chain Management or related
field
6+ years of procurement and/or sourcing experience
5+ years of applying general procurement value stream best
practices
5+ years of driving continuous improvements with suppliers and
their key performance indicators (KPIs)
5+ years in applying effective category management and financial
acumen skills to influence positive company results
3+ years experience creating and leading category strategy
3+ years of demonstrating an ability to influence and encourage
leaders from across the organization towards positive supplier
relationships, compliance and results delivery
Ideal Qualifications
Strong financial acumen and understanding of how effective category
management relates to company results
Demonstrated verbal and written communication, change management
capabilities, business acumen, project management and leadership
skills
Experience with research and analysis around Procurement specific
industry trends resulting in recommendations and insights to
stakeholder strategies
Experience in large-scale sourcing activities (RFPs) to realign
suppliers in the category
Demonstrated verbal and written communication skills, change
management capabilities, business acumen, project management and
leadership ability
Extensive experience negotiating agreements and managing complex
vendor / client relationships
What to Expect as Part of MassMutual and the Procurement Team:
The desire to drive change and improvement in the procurement
function supporting our mission to be a leading procurement
organization
Focused one-on-one meetings with your manager
Access to mentorship opportunities
Networking opportunities including access to Asian,
Hispanic/Latinx, African American, women, LGBTQ, 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
#LI-DM2
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.
Keywords: MassMutual, Worcester , Category Manager MA, Executive , Worcester, Massachusetts
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