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M&G

Senior Manager - Commercials

Reposted 2 Days Ago
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In-Office
Mumbai, Maharashtra, IND
Senior level
In-Office
Mumbai, Maharashtra, IND
Senior level
Lead supplier contract renewals and revenue management for high-value agreements. Manage renewal pipeline, stakeholder engagement, complex negotiations, cost-saving identification for maintenance and software licensing, supplier management best practices, software risk/compliance mitigation, cross-functional reporting, and mentor junior team members.
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About M&G India


We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.


Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.


Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.

 

About M&G


Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.


Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.


Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.


·      Responsible for renewal of critical supplier contracts, revenue management and retention of existing contracts

·       Stakeholder relationship and engagement

·       Renewal process and pipeline management

·       Cross-functional collaboration and reporting

·       Own high-value and strategize complex Tier 3 renewals

·       Lead complex negotiations (pricing, multi-year deals, contracts)

·       To support the development and application of Supplier Management best practice.

·       Identify savings opportunities for maintenance & software licensing.

·       To provide insight around M&G needs and industry / market trends to enable strategy development and identification of commercial opportunities and risks.

·       To respond to queries from the wider business for contract information  

·       Understand software risk and compliance position and take active steps to manage and mitigate this.

·       Mentor junior team members and improve processes


We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

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