Contract Analyst

Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best. At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers’ toughest challenges.

About the role

As a Contract Analyst, you will help protect Solventum’s interests and enable business growth by ensuring contracts are legally compliant, operationally clear, and aligned to business objectives. You will review, draft, and negotiate agreements with clients, vendors, and partners, proactively identifying risks and advising stakeholders on contractual rights and obligations.

Responsibilities

• Review and analyze contracts (proposals, agreements, amendments) to ensure compliance with applicable laws, internal policies, and business objectives.
• Identify risks, liabilities, and unfavorable terms; recommend revisions and mitigation strategies to protect Solventum.
• Draft, revise, and maintain contract documents (new agreements, renewals, amendments) with accuracy, clarity, and version control.
• Negotiate key terms including scope, deliverables, payment structures, and commercial conditions to achieve favorable, compliant outcomes.
• Partner cross-functionally (Legal, Finance, Procurement, Project/Business teams) to interpret requirements, clarify obligations, and drive practical, cost-effective execution.
• Ensure contract compliance through periodic audits, reviews, and process checks; escalate issues and improvement opportunities as needed.
• Manage contract lifecycle administration, including tracking key dates (renewals, expirations), supporting extensions/terminations, and resolving contract-related execution issues.
• Stay current on relevant laws, regulations, and industry standards; update templates and processes and support contract management best practices across the business.

Requirements

• Bachelor’s degree in Business Administration, Finance, Law, or related field (completed and verified prior to start) from an accredited institution AND four years of experience in a contract analyst, contract administration, or contract management role in a private, public, government, or military environment.
• OR High School Diploma/GED AND eight years of experience in a contract analyst, contract administration, or contract management role in a private, public, government, or military environment.
• Working knowledge of contract law, legal terminology, and compliance requirements; ability to interpret complex contract language accurately.
• Proven negotiation and stakeholder management skills with the ability to communicate contract concepts to non-legal audiences.
• Strong organization and time management skills with the ability to manage multiple contracts and deadlines in a fast-paced environment.

Skills

• Advanced degree (e.g., MBA or Juris Doctor).
• Proficiency with Microsoft Office (Word, Excel, PowerPoint, Outlook) and comfort working in contract lifecycle management (CLM) tools or similar systems.
• Strong analytical and critical-thinking skills to evaluate contractual risk and business impact.
• Contract management certification (e.g., CCCM or other NCMA certification).
• Experience supporting contracts in regulated and/or complex industries (e.g., healthcare, technology, government, or similar).
• Experience improving contracting processes, templates, and workflows (continuous improvement mindset).

Schedule

Work location: Remote-United States
Travel: up to 10% (International/Domestic)

Pay

The expected compensation range for this position is $96,000 - $132,000, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience.

Benefits

This position may be eligible for a range of benefits including:

• Medical, Dental & Vision
• Health Savings Accounts
• Health Care & Dependent Care Flexible Spending Accounts
• Disability Benefits
• Life Insurance
• Voluntary Benefits
• Paid Absences
• Retirement Benefits

Additional information is available at: Solventum Total Rewards.

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).