Careers that Change Lives
We seek out and hire a diverse workforce at every level: We need fresh ideas and inclusive insights to continue to be an innovative industry leader —that’s why we make it a point to seek out, attract and develop employees who are patient-centric, passionate, and who represent the same wide variety of life experiences as our patients.
A Day in the Life
The Neurovascular Contract Manager leads a team of contract analysts who support the commercial contracting needs of the Neurovascular operating unit and the Enterprise Accounts organizations within the U.S. Market. Also, this leader and team of analysts will be responsible for supporting key commercial personnel within the Neurovascular business. This manager will have responsibility for leading and developing a best-in-class contracting team with responsibilities that include performance management, employee development, talent acquisition and employee retention.
Responsibilities may include the following and other duties may be assigned.
Leadership
Directs the activities of a team of analysts, with functional and geographical responsibilities
Provides leadership, coaching and career development for employees in key commercial support roles
Negotiates, administers, extends, and if necessary, terminates standard and nonstandard contracts
Manages inquiries from internal business partners and external customers, conducting research as needed and providing timely and thorough follow up
Ensures that contract documents and processes are compliant with company policies, legal requirements, and customer specifications
Provides company management with data and analysis on contracting and pricing trends
Leads team in prioritizing contract & pricing requests, evaluating the appropriate functional strategy, executing pricing strategies, and negotiating health system contracts
Oversees team’s performance of the administration of contracts, monitoring of contract performance, analysis of trends, and tracking of compliance
Consults with and influences sales leadership and functional partners
Leads efforts to attract, develop and retain individuals who can make critical contributions to organizational success
Provides leadership and coaching to employees through timely and candid performance evaluations
Supports meaningful career development activities
Ensures compliance with expected service levels and business partner expectations
Champions an environment where the personal worth of employees is recognized, and individual differences are respected and leveraged
Promotes a workplace that reflects the diversity of customers, patients, and our communities
Anticipates the impact of diversity and inclusion in all aspects of work; identify diversity and inclusion opportunities and be accountable for their achievement
Governs the approvals of all key business processes
Adheres to governance processes and mitigates Medtronic’s risk
Manages contract compliance with standard operating procedures, legal templates, and company policies
Leads team in optimizing the usage and impact of rebates and other customer incentives
Successfully lead the training and implementation of all existing and new business processes and tools
Provides feedback to leadership regarding potential process improvements or system enhancements which optimize team effectivenes
Commercial Sales Support
Lead team’s development and execution of contracting and pricing strategies in response to customer request for proposals (RFPs)
Ensures customer requests are completed in a timely manner in accordance with Medtronic pricing strategies, terms, and conditions
Provides robust and accurate pricing, contracting and rebate analysis
Provides rationale behind pricing approvals to help facilitate positive outcomes in pricing negotiations
Executes and monitors negotiated contracts from implementation to expiration to ensure accurate administration
Supports Customer Care, Credit Financial Services, and other organizations to resolve pricing discrepancies and other related issues
Helps Neurovascular operating unit in supporting commercial launch of new product introductions (NPIs), including preparing and executing customer level contracting and pricing strategies for all NPIs.
This position is intended to be a hybrid, on-site and work-from-home schedule.
Must Have: Minimum Requirements
Bachelors degree required
Minimum of 5 years of relevant experience in a business, finance, and/or contracting position, or advanced degree with a minimum of 3 years of relevant experience in a business, finance, and/or contracting position
Nice to Have
Ability to lead following the principles of the new Medtronic Mindset including: Act Boldly, Compete to Win, Move with Speed and Decisiveness, Foster Belonging and Deliver Results the Right Way.
Degree in Business Administration, Management, Finance or Accounting
Advanced proficiency with Microsoft suite of applications including, Excel, PowerPoint, Teams, etc.
Experience with SAP and Business Objects
Additional experience in sales, marketing, purchasing, healthcare or related areas desirable
Solid business acumen and judgment
Knowledge of Contract Law
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
About Medtronic
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 or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)
Travel
Yes, < 25 % of the Time
Minneapolis, MN
At Medtronic, we believe in the power of medical technology to improve lives. Seven decades ago, our co-founder invented the battery-powered pacemaker. Today, we are among the largest medical device companies in the world. With operations in 150 countries, our products treat 70 health conditions and include cardiac devices, cranial and spine robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Our therapies help 75 million people a year and support our Mission to alleviate pain, restore health, and extend life.
Our people make it possible. We value diverse perspectives and encourage our 90,000+ employees to be themselves. We hold each other accountable, act with integrity, and make quality our highest priority.
We are privileged to be part of the communities where we live and work. We are committed to giving back and reducing our impact on the environment.