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Senior Analyst, IT Procurement - Contracts


Newark, NJ
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Job Details

Position Title: Senior Analyst, IT Procurement - Contracts
Job Code: 424918
Job Location: New Jersey-Newark

Information Technology (IT) Procurement is a centralized group within Prudential’s Global Business and Technology Solutions’ group responsible for the management and oversight of IT contract negotiations, IT procurement, IT consultant requisitions and contracting, invoice reconciliation, and IT RFP process and distribution. The group manages Enterprise-wide contracts across technology commodities. 


Position Summary : The IT Procurement Team is seeking a highly motivated professional with contracting skills to work in a customer service, fast passed environment in support of negotiating contracts  for IT contingent labor and IT service agreements. 

Primary responsibilities include:

• Negotiating IT Contracts including, but not limited to, Master Agreements, Engagement Schedules and Statements of Work.

• Managing all stages of the contract labor acquisition process for the hiring managers including: creating the IT job description, posting requirements, reviewing and screening of candidates and scheduling and coordinating interviews

• Manage and oversee performance of participating staffing vendors which includes metrics reports, gathering business group feedback and conducting vendor review meetings

• Complete and ensure all necessary paperwork related to services is executed prior to an assignment beginning

• Assist hiring managers with extension of contract assignments

• Negotiate with vendors and provide pricing advice to the various lines of business

• Interact with internal client, staffing vendors, contract personnel and other partners

• Review and negotiate contracts with project managers and vendors to ensure that terms and conditions are acceptable to Prudential and that business terms are outlined clearly and then work with the law department though completion

• Work closely with the legal department on new contracts for business groups, contract extensions/amendments or any ad hoc issues that arise

• Research industry trends and key market information in order to look for ways to improve our process and provide continued quality service

The successful candidate possesses the following traits/aptitudes:

• An independent worker

• Able to think outside the box

• Able to work in a dynamic environment that changes from day to day

• Customer focused

• Has strong vendor management/negotiation skills

• Demonstrates the capability to solve complex problems

• Utilizes strong analytical skills

• Enjoys working with people and has good interpersonal skills

• Willing to take on challenges

• 3-5 years’ experience in negotiating IT contracts

• Sourcing/recruiting experience

• Strong customer experience

• Excellent verbal and written communication skills

• Excellent analytical and problem solving skills required

• Excellent documentation and follow-up skills required

• Strong organization skills and attention to detail

• Knowledge of MS office and PC skills

• Recruiting experience in IT a plus

• College degree

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at for more information about doing business with Prudential.
Job Function: Information Technology
Schedule: Full-time
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