Senior IT Procurement Principal - 14005

Description and Requirements
Role Value Proposition:
The US Procurement Partnering team is part of the Global Procurement organization. This team combines industry-standard category management and sourcing functions, focusing on collaboration with business partners to develop category strategies, source new business requirements, and manage existing costs and contracts. The Procurement Partnering team is on an exciting transformation journey, aiming to expand spend coverage through renewed relationships, streamlined processes, and enhanced technologies.
We are seeking a highly experienced IT Procurement Principal to lead strategic sourcing initiatives across Software, SaaS, Cloud, Hardware, Consulting, and Telecom categories. The ideal candidate brings deep domain knowledge, proven negotiation expertise, and the ability to partner effectively with IT, Finance, Legal, and business leaders to drive value, reduce risk, and support digital transformation objectives.
Key Responsibilities:

• Develop and execute IT sourcing strategies for key spend areas, including enterprise software, cloud infrastructure (IaaS/PaaS/SaaS), telecom services, end-user devices, and data center hardware.
• Lead contract negotiations with major vendors such as Microsoft, Azure, IBM, Oracle, Cisco, Dell, SAP, Salesforce, and global telecom carriers.
• Manage the RFx process and competitive sourcing events to drive innovation, cost savings, and improved supplier performance.
• Collaborate closely with IT, InfoSec, and Legal to align sourcing efforts with business priorities, architecture roadmaps, and compliance requirements.
• Analyze vendor proposals, conduct total cost of ownership (TCO) and ROI assessments, and make sourcing recommendations to senior leadership.
• Monitor industry trends, licensing model changes, and emerging technologies to inform sourcing strategies and budget planning.
• Build and maintain strong relationships with suppliers, internal stakeholders, and cross-functional teams.
• Support governance, audit, and compliance efforts, including software license compliance and data privacy considerations.

Essential Business Experience and Technical Skills:
Required:

• Bachelor's degree in business, Supply Chain, IT, Finance, or related field (MBA or master's degree preferred).
• 8+ years of progressive sourcing/procurement experience with a strong focus on IT categories.
• Proven success managing complex negotiations for Software (on-prem and SaaS), Cloud platforms (IaaS/PaaS), and/or Telecom agreements.
• Strong working knowledge of cloud licensing models, enterprise agreements, and commercial terms (e.g., EAs, SOWs, MSA, SLAs).
• Experience working with cross-functional teams in IT, Legal, Finance, and Security.
• Advanced analytical, financial modeling, and contract management skills.
• Proficiency with sourcing and procurement tools (e.g., Zip, SAP Ariba, ServiceNow, Excel, Power BI).

Preferred:

• Experience in sourcing for insurance, financial services, or regulated industries.
• Familiarity with third-party risk management processes and platforms (e.g., Aravo).
• Knowledge of regulatory requirements impacting vendor relationships (e.g., GDPR, NYDFS).
• Experience supporting procurement transformation initiatives and/or operating model redesign.
• Familiarity with agile project delivery, cloud transformation, and vendor consolidation strategies.
• Experience in a global, matrixed organization managing regional and global IT sourcing initiatives.

The expected salary range for this position is $120,000 - $160,000. This role may also be eligible for annual short-term incentive compensation. All incentives and benefits are subject to the applicable plan terms.
Benefits We Offer
Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World's 25 Best Workplaces™, as well as the Fortune 100 Best Companies to Work For®, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law ("protected characteristics").
If you need an accommodation due to a disability, please email us at [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liabilities.
$120,000 - $160,000