Contract Specialist - MedTech - Remote

SOLVENTUMSt. Louis, MO
$73,600 - $101,200Remote

About The Position

Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best. At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers’ toughest challenges. This role sits within Solventum’s Medical Surgical Division, supporting the Acera product portfolio and its clinically proven solutions designed to improve patient outcomes and surgical efficiency. Through Acera Surgical and the Restrata product, the team advances evidence‑based wound care technologies that support healing across multiple surgical specialties, helping frontline healthcare providers deliver safer, more effective care.

Requirements

  • Bachelor’s Degree or higher from an accredited institution
  • Five (5) years’ experience in business, technical, and/or legal contracting
  • Must be legally authorized to work in the country of employment without sponsorship for employment visa status.

Nice To Haves

  • Knowledge of the healthcare industry in the United States
  • Strong analytical skills
  • Excellent communication skills
  • Ability to effectively collaborate with cross-functional teams
  • Good communications skills (verbal, written, presentation) with an ability to clearly convey complex information to diverse audiences
  • Ability to work with minimal supervision
  • Ability to interact with both internal and external customers, with a focus on customer service
  • Proven capability to collaborate across functions and internal structures
  • A passion to solve what matters

Responsibilities

  • Assist in the preparation, development, and processing of commercial contracts, amendments, and pricing agreements.
  • Compile, track, and analyze data for completion of requests for proposals and ad-hoc reporting.
  • Ensure contract compliance, accurate pricing, reporting, and maintain up-to-date group membership information.
  • Analyze contract sales and calculate all applicable administrative fees.
  • Maintain contract agreement templates and workflow documentation, and support all policies related to contract activity.
  • Implement new processes and procedures as identified by the team and stakeholders to ensure continuous improvements for monitoring, detection, and response capabilities.
  • Help lead our mission to protect Solventum by collaborating with our key stakeholders and business partners to develop new strategies.
  • Review, analyze and edit contract language to address business needs while protecting Solventum and minimizing risk.
  • Provide counsel to business teams on various contracting methodologies and strategies.
  • Consult others regarding Solventum business practices and policies as they relate to or impact contracting.
  • Prepare for, and facilitate, contract negotiations.
  • Calculate commercial administration fees.
  • Understand and utilize systems and data to support business objectives and to fulfill contract requirements.
  • Create ad hoc reports; extract and analyze raw data to provide information requested by sales team, such as customer verification, product and pricing agreements, sales volumes, etc.
  • Understand the impact of various changes in contractual language and the ability to discuss those changes with impacted internal teams and management.
  • Initiate contract implementation.
  • Work collaboratively and effectively with a highly matrixed team to meet compressed timelines.
  • Work with internal clients and external customers to reach resolutions to complex and nuanced issues.
  • Ensure corporate policies, procedures and security standards are complied with while performing assigned duties.

Benefits

  • Medical, Dental & Vision
  • Health Savings Accounts
  • Health Care & Dependent Care Flexible Spending Accounts
  • Disability Benefits
  • Life Insurance
  • Voluntary Benefits
  • Paid Absences
  • Retirement Benefits
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