Job Post - 50500220
Job Title Director of Supplier Management Employment Type Reference Code
Regular Full-time 0002-NC50500220_004 Location
Springfield STATE ST - MMFG
Company Chartered in 1851, Massachusetts Mutual Life Insurance Company ("MassMutual" or the "Company") is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The Company has a long history of financial strength and strong performance, paying dividends to eligible participating policyholders every year since the 1860s. MassMutual is headquartered in Springfield, Massachusetts and its major subsidiaries include OppenheimerFunds, Inc., Babson Capital Management LLC, Cornerstone Real Estate Advisers LLC, Baring Asset Management Limited and First Mercantile Trust Company. MassMutual Financial Group ("MMFG") is a marketing name for Massachusetts Mutual Life Insurance Company and its affiliated companies and sales representatives. MMFG is a global, diversified financial services organization providing life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, annuities, investment management, mutual funds and trust services to individual and institutional investors. With whole life insurance as its foundation, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term. MassMutual, or its subsidiaries, also have operations in Asia, Europe and Latin America. MassMutual has maintained some of the highest financial strength ratings in any industry, and is committed to maintaining a position of preeminent financial strength by achieving consistent, long-term profitable growth. In total, MassMutual's worldwide insurance in-force was $503.7 billion at the end of 2011, and assets under management were $443 billion. Premium and other deposits totaled $22.9 billion for 2011. MassMutual is ranked 121 on the 2012 Fortune 500 list and was also named one of Fortunes "Most Admired" companies.
Department Procurement & Supplier Management
Job Summary The Director of Supplier Management is responsible for the design, dissemination, management and ongoing governance of a comprehensive service offering for Supplier Management incorporating elements of performance, risk, governance, information, reporting and training. Reporting to the VP, Procurement this is a highly visible and critical role within the Procurement & Supplier Management organization.
If you are ready to take the next step in your career, and are eager to work with a driven, motivated and results-oriented team, this opportunity is for you! In this role, you will be exposed to various business areas and have high visibility and access to senior leaders throughout the organization. This role is an excellent opportunity to influence business success and impact positive change.
Role Characteristics Manages a team/unit performing highly specialized functions, or oversees the daily operation of teams/units with highly seasoned exempt and possibly some non-exempt employees, which involve multiple service requirements
Has latitude in decision making affecting operations of Company
Establishes, directs and implements medium range work plans or goals for specific work groups managed May oversee other Mgrs.
Individual typically has 5+ years related work experience and 3+ years of management experience and may have significantly more
Participates as member of the organization's management team contributing to the development of strategies and business goals
Job Responsibilities & Requirements
Responsibilities will include:
Design and lead a comprehensive, proactive service offering for MassMutual based on Voice of the Customer that drives the clear benefits of MassMutual's contracting, performance and risk mitigation Align Supplier Management activities to the strategic priorities of the Business Units Create impact, influence Senior Leadership and Relationship Managers/Executives and gain buy-in for the program Manage/disseminate Supplier Management business acumen to Supplier Relationships Managers Manage/disseminate Information Reporting to Supplier Relationship Managers Leverage/initiate industry peer groups to create best practices in Supplier Management Manage the creation of training tools for the Enterprise to educate MassMutual Supplier Relationship Managers Manage the development of marketing tools and on-going communication to keep Supplier Management in the forefront of our Business units activities Seamlessly integrate Supplier Management offering with overall Procurement Services Drive governance over our key suppliers from a performance and risk perspective connecting our contracts to their behavior
Knowledge of industry perspective regarding Supplier Management The ideal candidate will have 5-10+ years of recent, directly relevant experience BS Degree highly preferred
Specific attributes include:
Influencing skills at the Executive and Senior leadership level Ability to create impactful thought leadership and to create and drive strategic initiatives Independent decision making capabilities Strong written and verbal communication skills Analytic skills that can be translated into impactful, higher level concepts Ability to execute in an ever changing environment
Winning Ways Focus on the Customer: Know your customers well; add value with a sense of urgency. Act with Integrity: Be trustworthy, adhere to high ethical standards and adhere to the letter and spirit of applicable laws, rules, regulations and company policies Value People: Lead people to success; appreciate diverse backgrounds, ideas and experiences. Work Collaboratively: Partner with others to achieve results that leverage the right resources Achieve Results: Focus on winning; consistently exceeds expectations, beat the competition MassMutual Financial Group is an Affirmative Action/Equal Employment Opportunity Employer (M/F/V/D).
MassMutual's business structure is built to support its mutual ownership. MassMutualâ€™s strategic investments in...