Abbott

Contract Management Representative

Abbott$86K — $173K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-year degree in Business or Finance or related field required.
  • 2 years' experience as a Contract Management Representative or in a similar role.
  • Strong analytical skills with proficiency in Excel.
  • Excellent communication skills for cross-functional collaboration.

Responsibilities

  • Lead contract lifecycle management activities from pre-signature to end-of-term.
  • Create customized contract documentation and pricing schedules.
  • Facilitate meetings post-signature with stakeholders for contract alignment.
  • Manage amendments, pricing updates, and renewals throughout contract life.
  • Serve as point of contact for multiple account types in contract administration.
  • Administer rebate programs and monitor contract performance.
  • Coordinate onboarding and logistics for new customer implementations.

Benefits

  • Comprehensive health and wellness benefits.
  • Support for work-life balance and family needs.
  • Diverse career growth opportunities within the company.
Full Job Description
Contract Management Representative

The Opportunity

Our diagnostic solutions are used in hospitals, laboratories, and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.

Our location in Lake Forest, IL currently has an opportunity for a Contract Management Representative.

The Contract Management Representative is responsible for leading contract lifecycle management activities, including pre-signature support, contract implementation, ongoing contract administration, compliance monitoring, and end-of-term management.

In this role, you will oversee the execution of a wide range of contract-related activities, including Abbott- and customer-initiated amendments, product pricing adjustments, contracted price actions, customer compliance tracking, reconciliation processes, shipping discount programs, contract-related value-added initiatives, rebate administration, and contract renewal or termination activities.

As a subject matter expert on contract management and pricing, you will provide guidance and support to cross-functional stakeholders, ensuring contract terms are accurately implemented, administered, and maintained while supporting business objectives and delivering positive customer experience.

What You'll Work On

  • Lead Contract Development & Implementation
  • Create customized contract documentation and exhibits based on approved commercial proposals, including pricing schedules, membership documentation, disclosure statements, insurance certificates, and other contract requirements.
  • Facilitate post-signature implementation meetings with cross-functional stakeholders to align on contract requirements, execution plans, and customer commitments.
  • Partner closely with Commercial Sales leaders to evaluate and implement customized contract terms and pricing arrangements.
Drive Contract Lifecycle Management
  • Manage contract amendments, pricing updates, contract renewals, and other customer- and Abbott-initiated changes throughout the life of the agreement.
  • Serve as the primary point of contact for contract administration activities across Blood Bank, GPO, and Enterprise Accounts.
  • Collaborate with Strategic Pricing teams to address pricing inquiries and support contract modifications.
Oversee Contract Financial Programs
  • Administer rebate programs, including setup, tracking, reconciliation, and coordination with customers and Finance teams.
  • Manage contractual value-added programs by monitoring commitments, tracking utilization, and processing associated payments through SAP and related systems.
  • Support customer compliance monitoring, contract performance tracking, and financial reconciliation activities.
Support Customer Onboarding & Operational Execution
  • Coordinate new customer onboarding activities, including development and delivery of contract welcome packages.
  • Ensure successful implementation of service agreements by partnering with Contract Administration Specialists and Field Service teams.
  • Coordinate equipment deployment and related logistics, including automation systems, temporary instrument placements, UPS systems, and third-party support equipment.
Ensure Contract Compliance & End-of-Term Success
  • Monitor contract compliance and proactively manage notifications, commitments, and customer obligations.
  • Lead End-of-term activities, including renewals, evergreen provisions, contract expirations, termination processes, and wind-down activities.
  • Partner with Business Managers, Sales, and other stakeholders to resolve contract-related issues and drive favorable outcomes.
Serve as a Subject Matter Expert
  • Provide expert guidance on contract interpretation, pricing structures, and contract administration processes.
  • Identify opportunities to improve contract processes, operational efficiency, and customer satisfaction.
  • Support additional projects and strategic initiatives that contribute to organizational success.

Required Qualifications  

  • 4-yr degree in Business, or Finance discipline bachelor’s degree or related required. 
  • 2 years' experience in a Contract Management Representative position or comparable experience.
  • Strong analytical skills with proficient working knowledge of excel.
  • Critical thinkers with effective communication skills to drive cross functional collaboration.

Preferred Qualifications

  • Minimum 2-4 years’ experience in at least one of the following areas is preferred: Contracting/Pricing, Customer Service, Sales, Marketing (administration or operations), or Commercial Finance preferably in healthcare-related market.

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life.

     

The base pay for this position is

$86,700.00 – $173,300.00

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

     

JOB FAMILY:Pricing

     

DIVISION:CRLB Core Lab

        

LOCATION:United States > Lake Forest : CP01

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:Standard

     

TRAVEL:Not specified

     

MEDICAL SURVEILLANCE:Not Applicable

     

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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