Senior Business Analyst, Pricing and Contracts - Hybrid Role - Fridley, MN Preferred; Remote US Considered.

We anticipate the application window for this opening will close on - 12 May 2025

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

A Day in the Life

The Senior Business Analyst, Pricing and Contracts provides analytic, contracting, and operational support to the Field Sales Organization.  This includes custom and standard product quotes for both individual and group customers. Responsibilities:

• Contract administration for the US.  This includes price requests, analysis, contract drafting and redlining, price loads, price quotes, system maintenance, compliance monitoring, business reviews, and price discrepancies.
• Support organization in negotiating pricing under parameters as set forth by management in conjunction with sales, legal and marketing for standard and custom products. 
• Work directly with Field Sales Organization and Medtronic Customers.
• Process customer quotation and bid requests in a timely manner in accordance with Medtronic pricing objectives, terms, and conditions.
• Execute and monitor negotiated contracts from implementation to expiration to ensure that appropriate pricing is applied to sales orders.
• Track performance on rebate/compliance contracts. 
• Support Customer Care, Credit Financial Services and other organizations to resolve pricing discrepancies and other related issues.
• Ability to manage projects with minimal direction to help organizational objectives. 
• Understand how business strategies and tactics enhance opportunities to operate effectively.  Understand and comply with all laws, regulations and/or company policies. 
• Maintain a point of view broader than current role. 
• Consider the needs of the entire organization. 
• Engage in special projects as assigned.

This role is a hybrid position located in Fridley, Minnesota. Our first preference is for candidates in this area, though we will also consider remote applicants within the United States. If you are based in Minnesota, you must be able to meet the requirement of working on-site in a hybrid schedule. 

Must Have: Minimum Requirements

• Bachelors degree required
• Minimum of 4 years of relevant experience in pricing strategy/negotiation, contract administration, or financial analysis, or advanced degree with a minimum of 2 years relevant experience in pricing strategy/negotiation, contract administration, or financial analysis,

Nice to Have

• Bachelor’s degree in Business, Accounting, Finance, Economics or Math
• High proficiency with Excel Spreadsheets, Business Objects, and SAP
• Experience creating Excel documents, including spreadsheets, formulas, charts, graphs, and functions.
• Additional experience in sales, marketing, purchasing, healthcare or related areas desirable.
• Solid business acumen and judgment.
• Sound analytical skills, ability to manipulate and interpret data.
• Self-motivated and goal oriented.
• 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
• Ability to function well in high-energy business environments.
• Professional certification in contract management (e.g., CPCM, CFCM).
• Experience with contract management software or ERP systems.
• Excellent communication and negotiation abilities.

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):$80,000.00 - $100,000.00

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).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: 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, and Simple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees: 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), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns.  Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

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 95,000+ 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.

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.