Senior 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.

About the role

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.

This is an expression of interest requisition designed to identify and engage talent for anticipated future openings. While there may not be an active vacancy at this time, candidates may be considered for future opportunities aligned to this work as business needs evolve. Responsibilities, reporting structures, and timing may vary across openings.

Responsibilities

• 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.

Requirements

High School Diploma or equivalent with 6+ years of relevant experience in Contracts or Pricing or equivalent experience (OR Associate's Degree with 4+ years experience OR Baccalaureate Degree with 2+ years experience).

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A) is required.

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.

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.

U.S. Work Authorization & Sponsorship

At Medtronic, 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.

Pay

Salary ranges for U.S (excl. PR) locations (USD): $84,000.00 - $126,000.00. 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.

Benefits

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
• Simple Steps (global well-being program)
• 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)
• 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.