Medtronic · 1 month ago
Senior Contract Analyst
Minneapolis, MN
Contract
Onsite
Mid, Senior Level
$82K/yr - $122K/yr
6+ years expMedtronic is a global leader in healthcare technology, dedicated to alleviating pain, restoring health, and extending life. As a Senior Contract Analyst, you will drive strategic initiatives and enhance pricing and contracting strategies through comprehensive analysis and collaboration with various teams.
Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedical Device
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
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
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
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
Qualification
Required
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 Bachelor's Degree with 2+ years experience)
Preferred
Bachelor's Degree in Business, Finance, or related field
Experience with contract management systems (e.g., Salesforce, SAP, or similar platforms)
Advanced Excel skills (pivot tables, VLOOKUP, macros)
Previous experience in medical device, healthcare, or regulated industry
Strong analytical and problem-solving skills
Ability to communicate complex information clearly and effectively with diverse stakeholders
Experience managing multiple projects and priorities in a deadline-driven environment
Knowledge of federal healthcare regulations and compliance standards
Process improvement or Lean Six Sigma certification
Experience with data visualization tools (e.g., Tableau, Power BI)
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)
Company
Medtronic
Medtronic is a healthcare technology company that designs and develops AI-based products and solutions for the medical industry.
10001+ employees
H1B Sponsorship
Medtronic has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (349)
2024 (387)
2023 (291)
2022 (310)
2021 (300)
2020 (261)
Funding
Current Stage
Public CompanyTotal Funding
$18.16BKey Investors
NHS EnglandBlackstone Life SciencesTrade Capital Funding
2025-09-15Post Ipo Debt· $1.76B
2024-05-29Post Ipo Debt· $3.24B
2023-03-23Post Ipo Debt· $2B
Leadership Team
Geoffrey Martha
CEO and Chairman Of The Board Of Directors
Linnea Burman
SVP & President, Neurovascular
Recent News
Medical Device Network
2026-01-16
Mexico Business
2026-01-16
Medical Product Outsourcing
2026-01-16
Company data provided by crunchbase