Abbott

Contract Administrator

Abbott$61K — $122K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a business-related discipline
  • At least 2 years of experience in commercial sales contracting
  • Intermediate proficiency in Word and Excel
  • 2-4 years of experience in contract administration, preferably in biotech/healthcare or sales
  • Strong communication and organizational skills
  • Customer service attitude and good computer skills
  • Ability to work in a high-volume, dynamic team environment

Responsibilities

  • Ensure timely processing of sales contracts
  • Negotiate and draft contract terms in line with corporate policies
  • Analyze risks associated with contract changes
  • Present and explain contract conditions to various stakeholders
  • Resolve existing contract conflicts
  • Support sales regions with full contract management
  • Act as a resource for sales on pricing and contracting policies

Benefits

  • Hybrid work schedule after onboarding period
  • Onsite training for first 3-6 months
  • Opportunity to contribute to strategy meetings
  • Supportive sales team environment
Full Job Description
JOB DESCRIPTION:

MAIN PURPOSE OF THE ROLE

The Contract Administrator position is part of our Cardiometabolic business unit and is based in Lake Forest, Illinois. In this role, you will provide administrative support, strategic analysis, and contract administrationexpertiseto both internal and external customers on behalf of the Contracts & Pricing Department.

As a key business partner, you will serve as a liaison between Account Executives, Regional Sales Directors, District Managers, and cross-functional teams to support the development, negotiation, processing, and administration of sales contracts. This position playsan important rolein ensuring contract accuracy, compliance, andtimelyexecution while delivering excellent customer service and operational support.

This role is based in theARDxLake Forest office. To support onboarding and training, employeesare required towork onsite five (5) days per week for the first three (3) to six (6) months. Upon successful completion of the onboarding period, the position will transition to a hybrid schedule, allowing one (1) work-from-home day per week.

MAIN RESPONSIBILITIES

Ensuretimelyprocessing of sales contracts

Negotiate and draft contract terms and conditionsin accordance withcorporate policies

Analyze potential risks that contract changes may pose to the organization

Present and explain contract conditions and details to customers, business partners, and management

Resolve any existing contract conflicts

Work withdifferent levelsof personnel within an organization to analyze and solidify an overall contract strategy

Independently support sales regionsregardingfull contract management

Acts as a resource to the sales organizationregardingcurrent pricing and contracting policies and programs

Participatein and prepare for contracting strategy meetings

Perform database maintenance on an ongoing basis to insureaccuratereporting

Assistin updating departmental SOPs (Standard Operating Procedures)

Perform other duties &projects asassigned.

Understand and are aware of the quality consequences which may occur from the improper performance of their specific job.

Meet deadlines and update sales reps with status

Be one of the companys CRM system super-users to generate reports, analyze data, and track product and ordering patterns

Interface with internal fulfillment group and distributors toestablishworking relationships, assure proper compliance with contracts

Responsible forexhibitingprofessional behavior with both internal/external business associates that reflect positively on the company and is consistent with the companys policies and practices.

REQUIRED QUALIFICATIONS

  • BachelorsDegree ( 16 years), In a business-related discipline

  • Minimum2 years relevant experience in commercial sales contracting.

  • Minimum intermediate Word and Excel experiencea must.

  • Two to four years experiencedirectly relatedto contract administration, preferably within the biotech/ healthcare or sales industry.

  • Demonstrated ability toeffectively and constructively communicate across departmental disciplines while pursuing contract department goals.

  • Must havegood communication& organizational skills

  • Must have customer service attitude & good computer skills (Microsoft Word, Excel, Outlook, etc.)

  • Self-starter and a multi-tasker

  • Ability to work in a high volume, dynamic team environment

PREFERRED QUALIFICATIONS

Intermediateto advancedsalesforce.com experience

PreviousCRM or database experience preferred

Previoushealthcare,biotechor sales industry experience preferred

The base pay for this position is

$61,300.00 6,700.00

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:Sales Support & Administration

DIVISION:CMI ARDx Cardiometabolic and Informatics

LOCATION:United States > Lake Forest : J55

ADDITIONAL LOCATIONS:

WORK SHIFT:Standard

TRAVEL:No

MEDICAL SURVEILLANCE:No

SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

About Abbott

Abbott Careers

Joining Abbott means becoming part of a globally diverse team dedicated to making a lasting impact on human health. As a leader in healthcare innovation, Abbott provides a dynamic workplace where careers flourish through growth, leadership, and diversity training.

Opportunities at Abbott

Explore a world of opportunities with our team. Whether you're seeking job opportunities in engineering, marketing, research, or healthcare, Abbott offers a variety of positions that allow professionals to grow their careers. Our commitment to diversity and innovation is evident in every aspect of our work, fostering an inclusive culture that values each team member's contribution.

Work You'll Do

At Abbott, every role contributes to our mission of helping people live fuller lives through better health. From groundbreaking research in medical devices to advancements in pharmaceuticals, our team is at the forefront of healthcare innovation. By joining Abbott, you are not just accepting a job; you are embarking on a path of professional and personal growth.

Internship Programs

Kickstart your career with an Abbott internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Abbott work on projects that matter, gaining the experience and knowledge necessary to succeed in their future careers.

Professional Development

Abbott is dedicated to the continuous professional development of its employees. With access to cutting-edge technology, leadership programs, and diversity training, our team members are equipped to lead and innovate within the healthcare industry. We support your career journey with robust training programs, mentorship, and opportunities for networking and professional growth.

Benefits and Culture

Our employees enjoy comprehensive benefits designed to support their life and well-being. From health insurance to retirement plans, we ensure our team has everything they need to thrive. Abbott's culture is built on a foundation of respect and integrity, united by a shared commitment to improving health outcomes.

Join Our Team

Discover the impact you can make with a career at Abbott. We are hiring individuals who are passionate, curious, and driven to lead. Search open positions that match your skills and interests on our Jobs page. Prepare your resume, sharpen your interview skills, and get ready to join a team that's at the cutting edge of healthcare solutions.

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Explore Abbott

With a commitment to improving life through innovation, leadership, and diversity, Abbott is a place where you can fulfill your potential. See what exciting and rewarding opportunities await at Abbott by exploring our career opportunities today.

SEARCH ABBOTT JOBS

Join us in our mission to make the world a healthier place through innovation, leadership, and diversity. Your journey to a fulfilling career at Abbott starts here.
Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ

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