Contracts Analyst I
About the Company
Inspire Medical Systems is the pioneer of an FDA-approved medical device designed to reduce the severity of Obstructive Sleep Apnea (OSA) for patients who cannot tolerate or benefit consistently from CPAP. We are committed to enhancing patients’ lives through sleep innovation, prioritizing patient outcomes, acting with integrity, and leading with respect.
Why Join Us
At Inspire, we value diverse experiences, backgrounds, and perspectives. We foster a people-first culture with excellent benefits, including 401k matching, an Employee Stock Purchase Plan (ESPP), flexible time off (FTO), and tuition reimbursement. If you’re passionate about making a difference in people’s lives through innovative technology, join our team.
About the Role
This analyst-level position requires strong skills in project and process management, problem-solving, relationship-building, negotiation, and strategic thinking. The role supports the contracting program and its supporting platforms, interfacing with field sales, Legal, Operations, Finance, Marketing, and other functional areas to ensure contracting and pricing consistency across the organization. The individual must ensure all activities comply with applicable policies and procedures and adapt to changing priorities with limited supervision.
Responsibilities
- Support the contracting function to ensure consistent, timely, and accurate processing of pricing agreements, business associate agreements, and related contracts.
- Execute new account activations and manage applicable processes.
- Support the contract administration of new products.
- Collaborate with internal and external customers to provide superior customer service and quality assurance regarding terms, pricing, and membership.
- Assist in the contract administration of government and strategic account contracts.
- Manage data entry of contracts and pricing into contract management systems.
- Maintain and review membership changes to key health systems to ensure proper contract access and correct reporting.
- Suggest and execute reporting enhancements to improve contracting health.
- Support responses to pricing platforms such as Med Approved, Greenlight Medical, and Ironclad.
- Ensure all contract response documents are up to date, track expirations, and renewals.
- Maintain, track, and record letters of commitment for major contracts.
- Implement contracting processes and policies aligned with Inspire’s business needs and strategic direction.
- Understand and comply with all laws, regulations, and company policies.
Qualifications
Educational Requirements:
- Required: Bachelor’s degree.
- Preferred: Master’s degree in a related field such as Business Administration.
Required Experience:
- 3 or more years in one or more of the following fields: Sales Operations, Contracting and Pricing, Sales, or Marketing.
- Demonstrated skills in project management, relationship-building, problem-solving, and strategic thinking.
- Strong understanding and working knowledge of computer databases and systems.
- Proficient in MS Excel and the MS Office suite.
- Ability to complete assignments of increasing complexity.
- Ability to work on multiple tasks concurrently with changing priorities.
- Demonstrated ability to prioritize, execute, and report on projects.
Preferred Experience:
- Multiple years of experience with pricing and contracting in the medical device industry.
- Proficiency in data visualization tools such as PowerBI or Tableau.
- Experience with customer relationship management systems such as MS Dynamics or SalesForce.
Pay
The salary range for this position is $75,000—$95,000 USD, offered at a level consistent with the candidate’s experience and qualifications. The range may be modified based on factors such as geographic location, work experience, education, and skill level.
Benefits
- Multiple health insurance plan options.
- Employer contributions to Health Savings Account (HSA).
- Dental, vision, life, and disability benefits.
- 401k plan with employer match.
- Identity protection.
- Flexible time off (FTO).
- Tuition reimbursement.
- Employee Assistance Program.
- Opportunity to participate in equity awards and the Employee Stock Purchase Program (ESPP).