Commercial Contracts Analyst, Future Opportunities - Minneapolis, MN

Careers That Change Lives Start Here

Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

A Day in the Life

The Pricing and Contracting function supports the development, execution, and performance of go-to-market pricing and contracting strategies that help achieve business objectives. The team partners with sales leadership, legal, offer development, project teams, and downstream operations to provide analytic, contracting, and business expertise across the full contract lifecycle. This work includes shaping pricing strategy, supporting contract implementation, ensuring compliance with company policies and legal requirements, reducing risk, and improving visibility to contract performance to support strong commercial outcomes.

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Primary Responsibilities

In this role, you will support or lead pricing and contracting activities for assigned therapies or customer accounts across the U.S., helping turn commercial priorities into actions that support growth, margin, and long-term customer value. The position focuses on assessing customer opportunities, shaping bid and quotation strategies, guiding renewals and price actions, and monitoring contract performance against commitments. Success in the role requires strong judgment, analytical thinking, and the ability to work across a matrixed organization to support customer decisions and improve business outcomes.

• Develop pricing strategies for standard and custom products by partnering with sales, legal, pricing, and marketing teams and applying market, customer, and competitive insights.
• Lead quotation, bid, and RFP activity, ensuring pricing recommendations align with business objectives, contracting standards, and market conditions.
• Own strategic contracting for assigned therapies and customer accounts across the U.S., including price analysis, contract drafting, execution, and business reviews.
• Partner with field sales, customers, and internal stakeholders to align strategic initiatives to growth and margin priorities and support effective contract execution.
• Oversee the full lifecycle of negotiated contracts from strategy through implementation, renewal, and expiration, including price increases and performance tracking.
• Monitor contract performance against commitments and provide recommendations to improve execution, financial outcomes, and long-term account value.
• Ensure compliance with applicable laws, regulations, company policies, and contracting standards while maintaining a broad business perspective across decisions and projects.

Required Qualifications

• High School Diploma or equivalent with 4+ years of relevant experience in Contracts or Pricing or equivalent experience (OR Associate's Degree with 2+ years experience OR Baccalaureate Degree with 1+ year(s) experience).

Preferred Qualifications

• Bachelor's degree in Business, Finance, Economics, Math, or a related field, or equivalent relevant experience.
• Strong analytical skills with the ability to interpret data and apply insights to business decisions.
• Advanced Excel skills, including formulas, charts, pivot tables, lookups, and other reporting functions.
• Experience in healthcare, medical device, sales, marketing, purchasing, or another regulated industry.
• Ability to manage multiple priorities in a fast-paced environment with strong attention to detail and sound judgment.
• Strong communication and relationship-building skills, with the ability to work independently and collaborate effectively across teams.

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.

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

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):$68,000.00 - $102,000.00

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).

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.

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.

If you are applying to perform work for Medtronic, Inc. ("Medtronic") in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

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.

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.