Job FamilyProcurement
Job Description SummaryLeads end-to-end contracting execution, from contract-ready intake through negotiation, approvals, signature, and coordination of PR/PO/C-Term execution, with accountability for quality, cycle time, and workload management. Partners with Procurement Business Partners supporting Corporate Services and Revenue Enablement and leads internal and outsourced contracting resources through consistent processes and controls. Guides complex negotiations, develops team capabilities, exercises sound commercial judgment, and drives a scalable and effective contracting service.
Job Description Responsibilities- Lead, coach, and develop contracting professionals, establishing clear ownership, service expectations, quality standards, training, performance feedback, and escalation paths.
- Manage a centralized contracting queue across internal and outsourced resources, triaging work based on contract type, complexity, and risk while balancing capacity, priorities, and service expectations.
- Oversee end-to-end contracting execution from complete intake through negotiation, required reviews, approvals, signature, contract record, and coordinated PR/PO/C-Term completion, ensuring clear status and handoffs with Procurement Business Partners.
- Provide hands-on direction for complex and nonstandard agreements, including negotiation strategy, commercial terms, issue resolution, and practical alternatives for business decision makers.
- Oversee contracting across technology and data, professional services, outsourcing, external workforce, market data, amendments, renewals, and other contract types, developing appropriate expertise while maintaining a consistent service model.
- Partner with Procurement Business Partners to understand business objectives, deal context, and intended commercial outcomes and provide a coordinated Procurement experience throughout the contracting process.
- Coordinate with Legal, Third Party Risk Management, Privacy, Information Security, Compliance, Finance, Technology, and other specialists to obtain required reviews and approvals, appropriately escalating exceptions and risk-acceptance decisions.
- Maintain contracting governance and controls, including appropriate contracting entities, authorized approval and signature paths, documented decisions, accurate records, templates, playbooks, standard operating procedures, negotiation guidance, and quality standards.
- Use contract lifecycle management (CLM) workflows and data to monitor throughput, cycle time, quality, rework, workload, and stakeholder experience, translating trends and recurring issues into measurable process improvements.
- Partner with Operational Enablement and outsourced contracting providers to strengthen processes, reporting, controls, technology, automation, analytics, and responsible AI adoption while maintaining quality, human oversight, confidentiality, and alignment with organizational priorities.
Qualifications- Bachelor's degree or equivalent relevant professional experience
- 7+ years of experience drafting and negotiating commercial supplier agreements and managing contracting activity across varied levels of complexity; able to explain commercial trade-offs and recommend workable solutions
- Experience leading and developing contracting or comparable professional-services teams, including prioritization, workload management, quality assurance, and performance coaching
- Experience managing a high-volume portfolio of concurrent matters while meeting deadlines, maintaining sound controls, and communicating clearly with stakeholders
- Ability to work effectively with Procurement, Legal, risk and control functions, Finance, and business stakeholders, with a clear understanding of decision rights and when to escalate
- Experience improving contracting operations through playbooks, templates, training, process discipline, metrics, and effective use of CLM or comparable workflow technology
- Strong written communication, negotiation, analytical judgment, and ability to provide concise, fact-based recommendations to leaders
Preferred Qualifications- Juris Doctor, MBA, or other relevant advanced education
- Experience leading a centralized contracting service or working with embedded outsourced/BPO contracting capacity
- Experience in insurance, financial services, a public company, or another regulated environment
- Experience with procurement-to-pay handoffs, including requisitions, purchase orders, and contract-term setup
- Experience implementing or improving CLM, automation, analytics, or responsible AI in contracting
Working Conditions- Hybrid Office environment
CompensationThe Salary for this position generally ranges between $108,000 - $143,000 annually.
Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.
This is a hybrid position requiring three days in office per week in one of our hub locations (Philadelphia, Cedar Rapids). Relocation assistance will not be provided for this position.
Disclaimer:Beware of fake job offers!
We've been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:
- We will never request personal information such as ID or payment for equipment upfront.
- Official offers are sent via DocuSign following a verbal offer-not through text or email.
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
What We Offer For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
- Competitive Pay
- Bonus for Eligible Employees
Benefits Package
- Pension Plan
- 401k Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
Health and Work/Life Balance Benefits
- Paid Time Off starting at 160 hours annually for employees in their first year of service.
- Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
- Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
- Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
- Adoption Assistance
- Employee Assistance Program
- Back-Up Care Program
- PTO for Volunteer Hours
- Employee Matching Gifts Program
- Employee Resource Groups
- Inclusion and Diversity Programs
- Employee Recognition Program
- Referral Bonus Programs