Hybrid Senior Contract Analyst, Pricing & Contracting

Posted 1 hour ago

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About the role

  • Sr. Contract Analyst at Medtronic driving strategic initiatives for pricing and contracting effectiveness. Collaborating across teams to enhance business success and ensure competitive pricing.

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.
  • 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.
  • 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.
  • 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 6+ years of relevant experience in Contracts or Pricing or equivalent experience (OR Associate's Degree with 4+ years experience OR Baccalaureate Degree with 2+ years experience)
  • 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

Senior Contract Analyst, Pricing & Contracting

Job type

Experience level

Senior

Salary

$81,600 - $122,400 per year

Degree requirement

High School Diploma

Location requirements

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