Contract Manager, Pricing & Contracts - Minneapolis, MN

Medtronic•Minneapolis, MN

5d•Onsite

About The Position

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. In your role as a Contract Manager at Medtronic, you will embrace a diverse range of duties and opportunities each day. This includes guiding and coaching a team of analysts in their training and development, supporting the analysis, creation, and implementation of go to market pricing and contracting strategies. You will work in close partnership with internal stakeholders such as sales leadership, legal, and project teams, offering insights and advice related to contracts to aid in achieving business goals. You will be tasked with driving changes to boost operational efficiency and addressing intricate, undefined problems through collaboration across the team and business partners. Your role is pivotal in navigating the complexities of contract management and contributing to the company's success. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 5 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. As a Contract Manager at Medtronic, you will play a crucial role in ensuring effective contract acquisition, fulfillment, and management.

Requirements

Bachelor’s degree required.
Minimum of 5 years relevant experience, or advanced degree with a minimum of 3 years prior relevant experience.
Possess unrestricted U.S. work authorization at the time of hire and for the duration of employment (for roles below Principal level).

Nice To Haves

Experience reviewing and negotiating commercial contract terms and conditions
Experience drafting and redlining agreements using Microsoft Word, CPQ document generation tools, or contract lifecycle management systems
Familiarity with standard commercial contract provisions such as liability, rebates, indemnification, payment terms, and termination clauses
Experience working within a contracting, legal operations, offer development, or commercial operations environment
Background supporting pricing strategies or go‑to‑market contracting initiatives in partnership with sales, marketing, finance, and legal teams
Demonstrated experience providing coaching or functional leadership within a contracts, pricing, or commercial operations team
Experience supporting new product launches or commercial initiatives through contract strategy and execution
Strong attention to detail with the ability to manage multiple contracts, approvals, and timelines simultaneously
Experience collaborating with cross‑functional stakeholders to analyze contract requests and recommend appropriate contracting strategies
Exposure to process improvement initiatives focused on increasing contracting efficiency, workflow optimization, or operational scalability
Proficiency with Microsoft Excel and other business tools used for contract tracking, analysis, and reporting
Ability to manage competing priorities in a fast‑paced commercial environment while maintaining accuracy and compliance with company policies

Responsibilities

Leading efforts to attract, develop, and retain individuals who can make critical contributions to organizational success.
Providing leadership and coaching to employees through timely and candid performance evaluations and supporting meaningful career development activities.
Leverage resources and adjust staffing levels accordingly to ensure compliance with published service levels and that customer needs are met.
Championing an environment where the personal worth of employees is recognized and individual differences are respected and leveraged.
Promoting a workplace that reflects the diversity of customers, patients, and our communities and anticipating the impact of diversity and inclusion in all aspects of work.
Leading a contracting team in executing pricing strategies, analyzing contract requests, evaluating the appropriate contract strategy, redlining term, and executing contracts.
Managing the creation and implementation of contracting and sales initiatives, supporting new product launches through go to market strategies, monitoring contract performance, tracking and execution in collaboration with the pricing, sales, marketing, and legal teams.
Ensuring adherence of the team to all policies governing pricing approvals, compliance with standard operating procedures, legal templates, and company policies.
Act as a strategic partner, providing contract-related insights and guidance to support business objectives.
Provide expert knowledge and insights supporting department projects.
Collaborate with teams to develop and review project documentation, training content, and operationalize with the team and business partners.
Identify inefficiencies, analyze workflows, and propose enhancements to streamline processes.
Collaborate with cross-functional teams to implement improvements and drive operational excellence.

Benefits

Health, Dental and vision insurance
Health Savings Account
Healthcare Flexible Spending Account
Life insurance
Long-term disability leave
Dependent daycare spending account
Tuition assistance/reimbursement
Simple Steps (global well-being program)
Incentive plans
401(k) plan plus employer contribution and match
Short-term disability
Paid time off
Paid holidays
Employee Stock Purchase Plan
Employee Assistance Program
Non-qualified Retirement Plan Supplement
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)