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 field
  • 2+ years of experience in commercial sales contracting
  • 2-4 years related to contract administration, preferably in biotech/healthcare
  • Intermediate proficiency in Microsoft Word and Excel
  • Strong communication and organizational skills
  • Customer service-oriented with good computer skills
  • Self-starter and capable of multitasking
  • Ability to thrive in a high-volume, dynamic environment

Responsibilities

  • Ensure timely processing of sales contracts
  • Negotiate and draft contract terms in line with corporate policies
  • Analyze potential risks of contract changes
  • Present and clarify contract details to customers and management
  • Resolve existing contract conflicts
  • Support sales regions with full contract management
  • Act as a resource for the sales team on pricing and contracting policies
  • Maintain database accuracy for reporting

Benefits

  • Onsite onboarding and training for the first 3-6 months
  • Transition to hybrid work schedule after onboarding
  • Opportunity to act as a communicator between cross-functional teams
  • Be regarded as a super-user of the company’s CRM system
  • Engagement in contract strategy meetings and detailed analysis
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 administration expertise to 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 plays an important role in ensuring contract accuracy, compliance, and timely execution while delivering excellent customer service and operational support.

This role is based in the ARDx Lake Forest office. To support onboarding and training, employees are required to work 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
• Ensure timely processing of sales contracts
• Negotiate and draft contract terms and conditions in accordance with corporate 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 with different levels of personnel within an organization to analyze and solidify an overall contract strategy
• Independently support sales regions regarding full contract management
• Acts as a resource to the sales organization regarding current pricing and contracting policies and programs
• Participate in and prepare for contracting strategy meetings
• Perform database maintenance on an ongoing basis to insure accurate reporting
• Assist in updating departmental SOPs (Standard Operating Procedures)
• Perform other duties & projects as assigned.
• 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 company's CRM system super-users to generate reports, analyze data, and track product and ordering patterns
• Interface with internal fulfillment group and distributors to establish working relationships, assure proper compliance with contracts
• Responsible for exhibiting professional behavior with both internal/external business associates that reflect positively on the company and is consistent with the company's policies and practices.

REQUIRED QUALIFICATIONS

  • Bachelors Degree (± 16 years), In a business-related discipline


  • Minimum 2 years relevant experience in commercial sales contracting.


  • Minimum intermediate Word and Excel experience a must.


  • Two to four years' experience directly related to contract administration, preferably within the biotech/ healthcare or sales industry.


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


  • Must have good 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

Intermediate to advanced salesforce.com experience

Previous CRM or database experience preferred

Previous healthcare, biotech or sales industry experience preferred

The base pay for this position is
$61,300.00 - $122,700.00
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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