Contract Manager, Cardiovascular Pricing & Contracting (MN)

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

In your role as a Contract Manager at Medtronic, you will embrace a diverse range of duties and opportunities each day. This includes guiding and coaching a team of analysts in their training and development, supporting the analysis, creation, and implementation of go to market pricing and contracting strategies. You will work in close partnership with internal stakeholders such as sales leadership, legal, and project teams, offering insights and advice related to contracts to aid in achieving business goals. You will be tasked with driving changes to boost operational efficiency and addressing intricate, undefined problems through collaboration across the team and business partners. Your role is pivotal in navigating the complexities of contract management and contributing to the companys success.

As a Contract Manager at Medtronic, you will play a crucial role in ensuring effective contract acquisition, fulfillment, and management. Your responsibilities will include:

People Leadership

Leading efforts to attract, develop, and retain individuals who can make critical contributions to organizational success.

Providing leadership and coaching to employees through timely and candid performance evaluations and supporting meaningful career development activities.

Leverage resources and adjust staffing levels accordingly to ensure compliance with published service levels and that customer needs are met.

Championing an environment where the personal worth of employees is recognized and individual differences are respected and leveraged.

Promoting a workplace that reflects the diversity of customers, patients, and our communities and anticipating the impact of diversity and inclusion in all aspects of work.

Contract Management

Leading a contracting team in executing pricing strategies, analyzing contract requests, evaluating the appropriate contract strategy, redlining term, and executing contracts.

Managing the creation and implementation of contracting and sales initiatives, supporting new product launches through go to market strategies, monitoring contract performance, tracking and execution in collaboration with the pricing, sales, marketing, and legal teams.

Ensuring adherence of the team to all policies governing pricing approvals, compliance with standard operating procedures, legal templates, and company policies.

Act as a strategic partner, providing contract-related insights and guidance to support business objectives.

Project & Process Improvement

Provide expert knowledge and insights supporting department projects. Collaborate with teams to develop and review project documentation, training content, and operationalize with the team and business partners.

Identify inefficiencies, analyze workflows, and propose enhancements to streamline processes. Collaborate with cross-functional teams to implement improvements and drive operational excellence.

Required Qualifications:

Bachelor’s degree in Business, Law, Finance, or a related field.

Minimum of 5 years of experience in contract management, negotiation, or a related role.

Nice to Have Qualifications:

Master’s degree in Business Administration, Law, or a related field.

Certification in Contract Management (e.g., CPCM, CCCM, or equivalent).

Experience in the medical device or healthcare industry.

Familiarity with regulatory requirements and compliance in the healthcare sector.

Demonstrated ability to drive continuous improvement initiatives.

Experience with SAP or other enterprise resource planning (ERP) systems.

Strong project management skills and experience with project management tools.

Knowledge of data privacy laws and regulations.

Ability to influence and build strong relationships with stakeholders at all levels.

Strong understanding of contract law and principles.

Excellent negotiation, analytical, and problem-solving skills.

Proficiency in contract management software and Microsoft Office Suite.

Exceptional attention to detail and ability to manage multiple contracts simultaneously.

Strong communication skills, both written and verbal.

Ability to work collaboratively with cross-functional teams.

Proven track record of managing complex contracts in a fast-paced environment.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package

A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$116,000.00 – $174,000.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?pagename=signon&conum=30601&coaffid=medtronic)

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.

Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000 passionate people.

We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here (http://www.medtronic.com) .

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

At Medtronic, most positions are posted on our career site for 3-7 days.

Welcome to our new Careers Site!

If you applied before July 22nd, please check your email for a notification from us providing you with instructions and a link to set up your new account and retain access to your current activity. If you do not see an email from us, please feel free to proceed with creating a new account.

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.

Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000 passionate people.

We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.

We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.

This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…

Build a better future, amplifying your impact on the causes that matter to you and the world

Grow a career reflective of your passion and abilities

Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning

These commitments set our team apart from the rest:

Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.

Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.

Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.

Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. Youre shaping the future of healthcare technology and defining the next generation of breakthroughs in care

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .

For updates on job applications, please go to the candidate login page and sign in to check your application status.

If you need assistance completing your application please email AskHR@medtronic.com

To request removal of your personal information from our systems please email RS.HRCompliance@medtronic.com