Principal Data Scientist at Medtronic

Minneapolis, Minnesota, United States

Medtronic Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
HealthcareIndustries

Requirements

  • Bachelor's degree with a minimum of 7 years of relevant experience, or Advanced degree with a minimum of 5 years of relevant experience
  • Minimum of 5 years of proven experience as a Data Scientist (preferred)
  • Analytical mindset and deep experience transforming data into business insights (preferred)
  • Proven experience developing and deploying data science solutions within enterprise-scale analytics platforms such as Palantir Foundry (strong plus), Databricks, Snowflake, Dataiku, Qlik, Alteryx, Tableau Prep, Azure Synapse, or similar (preferred)
  • Proficiency in Python or R for advanced data analysis and modeling tasks (preferred)
  • Hands-on experience building analytics workflows and models in low-code or no-code collaborative platforms (preferred)
  • Experience with data modeling concepts and data lineage in modern data ecosystems (preferred)
  • Proven experience developing machine learning models for predictive and prescriptive data analysis (preferred)
  • Experience in data visualization (Power BI/Tableau or similar) (preferred)
  • Strong math skills (e.g., statistics, algebra) (preferred)
  • Problem-solving skills (preferred)

Responsibilities

  • Analyze contract performance metrics (e.g., rebate utilization, contract compliance, pricing accuracy) to identify trends, anomalies, and improvement opportunities that drive decision-making based on strategic recommendations and operational efficiency
  • Translate business questions into structured data problems and deliver analytical models and solutions that inform pricing and contract strategies
  • Build and maintain analytic workflows, dashboards, and predictive models directly within Palantir Foundry (or similar platforms)
  • Ensure that analytical outputs are accessible, interpretable, and actionable by non-technical users
  • Develop repeatable and scalable data science components within enterprise platforms that integrate tightly with contract performance operations
  • Analyze large amounts of data to discover trends and patterns
  • Build predictive models and machine-learning algorithms
  • Present information using data visualization techniques
  • Collaborate with data architects/engineers and data analysts within the IT group to achieve common project goals
  • Extend the company’s data with third-party sources of information when needed
  • Process, cleanse, and verify the integrity of data used for analysis
  • Perform ad-hoc analysis and present results in a clear manner

Skills

Data Mining
Statistical Analysis
Machine Learning
Predictive Modeling
Dashboard Development
Data Visualization

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters
1949Year Founded
$3.2MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Employee Assistance Program
Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.
Spine biologics market growth may attract new entrants, increasing competition for Medtronic.
Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.
The company invests heavily in R&D to drive innovation in medical devices.
Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.
Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.
Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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