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Sr. Contract Manager

Company: American International Group, Inc.
Location: Jersey City
Posted on: January 26, 2023

Job Description:

Who we are:

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business: The Global Sourcing & Procurement (GS&PS) function is an integral part of Finance providing sourcing and contracting globally for third party goods and services across AIG. Within GS&PS, the strategic relationship team is responsible transformational, foundational and control activities. Team is supported by shared services team at multiple locations outside of the U.S.

Global Sourcing and Procurement Services is looking for a diverse team of talented people who support our culture of collaboration and innovation. A key aspect of this role is building collaborative relationships with our internal business partners, as well as strategic relationships with suppliers. This position will actively manage multiple time-sensitive requests, effectively interface with all levels of management, including executive leadership.

Reporting to the Executive Director of Contract Management, the Sr. Contracts Manager will lead contracting activities for AIG's Global Sourcing & Procurement Services (GS&PS) organization, focused on negotiation of best in class contracts with AIG suppliers and compliance with a consistent streamlined supplier contract lifecycle process.

Key performance areas for this Sr. Contracts Manager position include:

  • Review early stage deals to flag major contracting issues to ensure early engagement with relevant subject matter expert teams (Legal, ISO, Tax, etc)
  • Negotiate agreements with AIG suppliers in assigned categories
  • Develop and lead contract strategy to leverage AIG spend and align the contracting strategy with the category and business strategy
  • Proactively manage active agreements for assigned key suppliers, including renewal/expiration activity and to monitor older agreements for periodic replacement or amendment as AIG standard terms change
  • Ensure compliance with AIG contracting processes and standards
  • Work collaboratively with AIG Legal teams to provide GS&PS feedback and revisions to draft template agreements; ensure templates are prioritized and optimized for GS&PS requirements
  • Participate in development and delivery of training & best practice info sharing within GS&PS, focused on contract negotiation and AIG contract positions.

    Required Qualifications
    • Bachelor's degree focused in related area (Business, Supply Chain, Contracts, Law)
    • Experience drafting contract provisions and Orders/Statements of Work (SOWs), coupled with excellent writing skills and attention to detail
    • Self-motivated and collaborative leader with 8+ years of relevant experience
    • Strong issue spotting skills and ability to identify and advocate for different potential positions to resolve those issues
    • Excellent time management skills
    • Deep knowledge of best in class sourcing and contracting processes
    • Demonstrated leadership of complex supplier contracting, ideally at Fortune 100 and across multi-entity global corporate structure
    • Strong ability to influence others
    • Experience working collaboratively with senior management
    • Advanced experience using Microsoft Word

      Preferred Qualifications
      • Advanced degree in related area, such as Business, Supply Chain, Contracts or Law
      • Experience leading complex contracts management and negotiation for at least two of the following categories: Licensing, Cloud Services, Managed Services, Real Estate, Marketing or Human Resources
      • Experience working in a large, global, highly matrixed company
      • Intermediate to advanced experience with the following tools: Excel, Power Point, SharePoint and Ariba

        For positions based in NYC, the base salary range is $103,000 - $143,000. For positions based in Jersey City, the base salary range is $93,000 - $138,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.


        A look at our Benefits

        We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

        We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

        We are an Equal Opportunity Employer

        American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

        To learn more please visit:

        AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to Reasonable accommodations will be determined on a case-by-case basis.

        Functional Area:

        CS - Corporate Services

        Estimated Travel Percentage (%): Up to 25%

        Relocation Provided: No

        AIG Employee Services, Inc.

Keywords: American International Group, Inc., Jersey City , Sr. Contract Manager, Executive , Jersey City, New Jersey

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