Contract Lifecycle Management Associate

Prudential Financial; Letterkenny; On-site; EUR 60,000 - 80,000; Full time

Job summary

A leading global asset manager in Letterkenny seeks a Procurement Specialist to manage contracts and drive value through supplier partnerships. The ideal candidate will work collaboratively in a fast-paced environment, overseeing contract negotiations and procurement support. Applicants should have strong sourcing and negotiation skills. This role offers competitive benefits, including health insurance and an annual bonus.

Benefits

Health Insurance

Annual Leave

Pension Scheme

Annual Bonus Programme

Life Assurance

Education Assistance

Qualifications

• Experience in Procurement, managing complex acquisitions, and negotiating contracts.
• Demonstrated capability in working in a multi-function team environment.
• Must be able to manage multiple projects and responsibilities.

Responsibilities

• Manage negotiation of contract terms including pricing and volume discounts.
• Handle paperwork inclusive of negotiating contracts related to purchasing solutions.
• Assist with sourcing process including acquisition of IT & non-IT solutions.

Skills

Procurement experience

Complex contract negotiation

Conflict management

Sourcing skills

Analytical skills

Communication skills

Customer service orientation

Tools

MS Office

Apttus

Job description

Overview

This role will be based in our Letterkenny Office 2/3 days a week.

A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

At PGIM, You Can!

What You Will Do

Prudential’s Global Sourcing and Procurement Group (GSP) empowers Prudential globally to drive the greatest value by leveraging supplier partnerships. GSP provides our global customers easy access to products and services at the greatest value through business insights, market knowledge, seamless and efficient processes, and professional expertise. Enterprise Vendor & Contract Management (EVCM) is a category within GSP. EVCM is responsible for managing vendors, contracting, & managing the contract lifecycle for all procurements across all commodities for PICA.

The Contract Lifecycle Management team (CLM) is part of the EVCM organization. The group is customer service focused and fast paced, working within a team environment. We are responsible for managing and negotiating low risk contracts for GSP. The ideal candidate will be responsible for delivering strategic and best-in-class procurement support to all Prudential organizations including, but not limited to, management and negotiation of contracts, as well as leveraging third-party procurement relationships to achieve cost savings. You will partner closely with GSP Category Managers (CMs) and the Alternate Legal Service Provider (ALSP) team.

• Manage negotiation of contract terms including pricing and volume discounts
• Handle both routine and complex paperwork inclusive of negotiating contracts related to purchasing solutions
• Interact with alternate legal service team and Prudential’s lawyers during contracting
• Assist with sourcing process including acquisition of IT & non-IT solutions. Assist with the execution of enterprise-wide purchasing programs for the technology unit

What You Will Bring

• Experience in Procurement, managing complex acquisitions, and negotiating contracts
• Demonstrated capability in working in a multi-function team environment, including effective influence management
• Effective conflict management skills
• Understanding of industry trends in contracting and supplier management practices
• Strong sourcing skills and experience required
• Analytical skills and understanding of MS Office tools & Apttus
• Strong communication and presentation skills necessary
• Must be able to manage multiple projects and responsibilities
• Solid customer service orientation
• PGIM welcomes all applicants, even if you don’t meet every requirement. If your skills align with the role, we encourage you to apply.

What We Offer You

• Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.
• Annual Leave of 23 days at full pay.
• Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme.
• Annual Bonus Programme & Shop LK Vouchers / CleverCards (subject to eligibility): Along with an annual bonus employees are rewarded with Shop LK Vouchers/ CleverCards which are paid tax free.
• Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee’s salary.
• Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.

PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants’ gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland's aim is to hire the best people for the open roles and all appointments will be made on merit.

Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland.

PGIM Ireland has been awarded the IBEC Keep Well Accreditation Mark, this is in recognition of our commitment to making our employees wellbeing a priority.