Medtronic-posted 3 months ago
$81,600 - $122,400/Yr
Full-time • Mid Level
Hybrid • Minneapolis, MN
5,001-10,000 employees
Professional, Scientific, and Technical Services

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. As a Contract Analyst, you will play a pivotal role in driving strategic initiatives and enhancing the effectiveness of our pricing and contracting strategies through comprehensive analytic, contracting, and business expertise. Your work will be crucial in shaping competitive pricing strategies and ensuring seamless contract execution. This is an ideal role for someone who thrives in a fast-paced, collaborative environment and has a passion for driving business success.

  • Collaborate with sales, legal, pricing, and marketing teams to negotiate and establish pricing strategies for standard and custom products for customer contracts.
  • Conduct thorough analysis of market trends, competitor insights, and customer needs to inform pricing decisions.
  • Own strategic contracting for specific therapies and customers across the US.
  • Lead the creation and execution of contracts encompassing price analysis, contract drafting, business reviews, and compliance monitoring.
  • Partner with the Field Sales Organization and Medtronic customers to facilitate effective communication and execution of strategic initiatives.
  • Manage customer quotation and bid requests, ensuring adherence to Medtronic's pricing objectives and contracting standards.
  • Oversee the entire lifecycle of negotiated contracts from strategy to implementation to expiration.
  • Leverage deep understanding of business strategies and market dynamics to enhance operational effectiveness.
  • Bachelors degree required
  • Minimum of 4+ years of relevant experience, or advanced degree with minimum of 2 years relevant experience
  • Bachelor's degree in Business, Finance, Economics or Math
  • High proficiency in analytical skills, ability to manipulate and interpret data
  • Excel analysis, including formulas, charts, graphs, and functions
  • Experience in sales, marketing, purchasing, healthcare or related areas
  • Solid business acumen and judgment
  • Tactful, exercises independent judgment and discretion
  • Ability to work in fast paced environment with high attention to detail
  • Strong relationship building, communication and interpersonal skills
  • Works independently and takes ownership from start to finish
  • 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
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