Hybrid Associate Contract Analyst, Pricing & Contracting

Posted 56 minutes ago

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About the role

  • Contract Analyst role at Medtronic managing pricing strategies and contract lifecycle. Collaborating across teams to enhance business effectiveness and drive strategic initiatives for competitive advantage.

Responsibilities

  • 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.
  • 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.
  • 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. 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.
  • 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.
  • 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.

Requirements

  • High School Diploma or equivalent with 2+ years of relevant experience in Contracts or Pricing equivalent experience (OR Associate's Degree with 1+ year(s) experience OR Baccalaureate Degree)
  • Bachelor’s degree in Business, Finance, Economics or Math (Nice to Have)
  • 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

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 (subject to IRS earning minimums)
  • Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)

Job title

Associate Contract Analyst, Pricing & Contracting

Job type

Experience level

JuniorMid level

Salary

$55,200 - $82,800 per year

Degree requirement

High School Diploma

Location requirements

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