Contract Analyst at Medtronic in Mounds View, Minnesota

Job Description:

Careers that Change Lives

If you are looking to expand business partnering skills, develop influencing capabilities, and support high-visibility projects, come join the Medtronic Clinical & Regulatory Solutions (MCRS) Team in Global Clinical Contracts & Payments! This Contract Analyst role provides key support related to the Global Clinical Contracting across the Medtronic enterprise.

The Contract Analyst is responsible for executing high-quality clinical agreements in a timely manner that balances the needs of all parties while maintaining internal and external relationships. In this role, you will be drafting, issuing, negotiating, and finalizing a variety of clinical agreements (including budgets) utilizing enterprise-wide contracting processes.

All clinical agreement work will be done in accordance with company policies, Standard Operating Procedures (SOPs), legal and regulatory requirements, and using fair market valuation.

A role in Global Clinical Contracts & Payments offers unique experience opportunities, such as: being part of a global team, collaborating with business partners throughout the company, visibility to global structures and impacts, and insight to various processes, therapies, and functions across Medtronic.

We believe that when people from different cultures, genders, and points of view come together, innovation is the result - and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive.
A Day in the Life

Responsibilities may include the following and other duties may be assigned.

• Using customer service skills such as clear and persuasive communication skills, time
management skills, adaptability, patience, effective listening.
• Analysis of Fair Market Value (FMV) supporting budget development, negotiation, and documentation.
• Liaising with clinical teams, legal, reimbursement, and other functional groups on clinical agreements and informed consents as appropriate.
• Conducting outsourcing proposal preparation and analysis, contract drafting, development, and negotiation, contract administration, and supplier contact activities to provide for proper outsourcing contract execution and fulfillment.
• Tracking progress of contract activities, providing status updates to internal and external parties, compiling and analyzing contract data, and maintaining historical contract information.
• Thorough understanding and solid application of clinical trial industry practices, including thorough understanding of clinical trial agreements and budgeting process and/or vendor and consulting agreements and processes.
• Manages moderately complex contract negotiations with guidance from senior-level professionals. Escalates negotiations from email to telephone and to higher methods in an effort to effectively progress contract negotiations while managing cycle times. Involves other internal parties in negotiations as needed, including manager.
• Uses sound critical thinking skills to review contract redlines for understanding and intent. Makes recommendations regarding how to proceed and secures additional input from legal, manager, and/or clinical team as needed before responding to other party(ies).
• May serve as a project leader for smaller, new or existing studies (with manager and senior-level professional review/input).
• Frequently interacts and communicates with internal customer/client, including senior management, and external other party.
• Administers, extends, negotiates, and terminates standard and nonstandard contracts.
• Examines estimates of material, equipment services, production costs, performance requirements, and delivery schedules to ensure accuracy and completeness.

Must Have: Minimum Requirements

• Bachelor's degree plus 2+ years of relevant experience

• Experience supporting clinical research or similar experience in a medical/scientific area
• Good Clinical Practices (GCP) background
• Clinical and/or vendor agreement and management experience
• Experience working in a matrix environment with proven cross-functional experience.
• Previous experience in customer-facing role
• Project Management experience
• Experience with Microsoft Office (e.g. Word, Excel, PowerPoint)

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.

Physical Job Requirements

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, recruiter or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)

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. Learn more about our benefits here .

This position is eligible for a short-term incentive plan. Learn more about Medtronic Incentive Plan (MIP) on page 6 here .

The provided base salary range is used nationally (except in certain CA locations).The rate offered is compliant with federal/local regulations and may vary by experience,certification/education, market conditions, location, etc.