Regional Contract Analyst, Capital and Services - Remote at Medtronic

Jacksonville, Florida, United States

Medtronic Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medical DevicesIndustries

Requirements

  • High School Diploma or equivalent with 4+ years experience in Contracts or Pricing or equivalent experience
  • OR Associate's Degree with 2+ years experience in Contracts or Pricing or equivalent experience
  • OR Baccalaureate Degree with 1+ year experience in Contracts or Pricing or equivalent experience
  • Excellent communication skills – both oral and written (Nice to Have)
  • Strong organization skills and able to effectively prioritize daily work demands (Nice to Have)
  • Responsive, confident problem solver (Nice to Have)
  • Willingness to work in a team environment (Nice to Have)
  • Must maintain professional demeanor (Nice to Have)
  • Travel requirement: Less than 10%

Responsibilities

  • Work with field representatives (Account Managers and Capital Sales reps) and Sales Management to ensure all sales quotations (hardware, software and services when applicable) are accurate and comply to company guidelines
  • Prepare customer quotes and related agreements, orders, funnel management, and fulfillment of other terms and conditions outlined in the sales proposals
  • Conduct proposal preparation, contract negotiation, contract administration, and customer contact activities to provide for proper contract acquisition and fulfillment in accordance with company policies, legal requirements, and customer specifications
  • Create customer sales quotes in accordance with pre-determined guidelines for pricing, discounting and terms and conditions
  • Advise sales team of other acquisition options and sales programs, such as earn outs and rentals, prepare related contracting and pricing documents and conduct contract administration to ensure fulfillment in accordance with company policies, legal requirements, and customer specifications
  • Support automation and system enhancements in the organization by serving on project teams as needed
  • Maintain customer files and complete and accurate information in various customer databases, including Salesforce.com and PROs
  • Work closely with sales team to maintain quarterly funnel in Salesforce.com
  • Work with repair department, customer services, credit services, marketing and NAV tech services
  • Review and confirm customer capital purchase orders and prepare them for order entry
  • Help attach service contracts at point of sale, convert warranties to service contracts, renew service contracts
  • Participate in periodic product planning meetings to review pending orders, product inventory, shipping timeline and installation status
  • Ensure the sales team is updated on significant customer related issues within region
  • Review proposed offering for financial profitability (standard margin) and exercise independent judgment and responsibility for challenging if deemed inadequate
  • Partner with the Corporate Accounts and Marketing Teams to evaluate and develop product offerings which include pricing promotions, trade in programs, etc. and ensure they can be outlined accurately in sales proposals
  • Provide other field support as necessary
  • Perform all activities in compliance with the Quality System

Skills

Contract Negotiation
Proposal Preparation
Sales Quoting
Contract Administration
Pricing Guidelines
Customer Agreements
Funnel Management
Salesforce
CRM Systems

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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