We anticipate the application window for this opening will close on - 25 Sep 2025

 

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.

A Day in the Life

A Day in the Life

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.

 

Key Responsibilities

• Pricing Strategy Development: 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. Influence decision-making processes to optimize profitability and market positioning.

• Strategic Contract Management: 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.

• Stakeholder Collaboration: Partner with the Field Sales Organization and Medtronic customers to facilitate effective communication and execution of strategic initiatives. Collaborate with internal stakeholders to ensure alignment with business objectives through regular reviews and proactive recommendations to drive alignment to growth and margin goals. Partner with Contracting Support teams to ensure accurate and timely contract administration.

• Quotation and Bid/RFP Management: Champion bid response through analysis of market trends and customer needs to identify opportunities for optimized pricing strategies that align with Medtronic's overall business goals. Manage customer quotation and bid requests, ensuring adherence to Medtronic’s pricing objectives and contracting standards while maintaining a competitive edge.

• Contract Lifecycle Oversight: Oversee the entire lifecycle of negotiated contracts from strategy to implementation to expiration. Ensure accurate application of pricing and product strategies, proactively target renewals, price increases, and track performance to commitment to maximize financial outcomes.

• Business Acumen: Leverage deep understanding of business strategies and market dynamics to enhance operational effectiveness. Ensure compliance with all relevant laws, regulations, and company policies. Maintain a broad organizational perspective, considering the impact of decisions on the entire enterprise and engaging in special projects that contribute to overarching business goals.

This position is a hybrid-role based in our Fridley campus in Minneapolis, MN. All candidates must be able to accommodate an on-site, and off-site work environment to be considered.

SPECIALIST CAREER STREAM: Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower level professionals. The majority of time is spent delivering and overseeing the projects – from design to implementation - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education.

DIFFERENTIATING FACTORS

Autonomy: Seasoned individual contributor.
Works independently under limited supervision to determine and develop approach to solutions.
Coaches and reviews the work of lower level specialists; may manage projects / processes.

Organizational Impact: May be responsible for entire projects or processes within job area.
Contributes to the completion of work group objectives, through building relationships and consensus to reach agreements on assignments.

Innovation and Complexity: Problems and issues faced are difficult, and may require understanding of multiple issues, job areas or specialties.
Makes improvements of processes, systems or products to enhance performance