Contract Specialist - MedTech - Remote

3M Health Care Business Group$73K — $101K *
US-AnywhereRemote in Saint Louis, MO
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or higher from an accredited institution
  • 5+ years of experience in business, technical, and/or legal contracting
  • Knowledge of the US healthcare industry (preferred)
  • Strong analytical skills with excellent verbal and written communication
  • Ability to collaborate with cross-functional teams
  • Capability to interact effectively with internal and external customers
  • A passion for problem-solving

Responsibilities

  • Assist in the preparation and processing of commercial contracts and amendments
  • Compile and analyze data for requests for proposals and reporting
  • Ensure compliance and accuracy in pricing and contract tracking
  • Review and edit contract language to minimize risk
  • Facilitate contract negotiations and implement strategies
  • Create ad hoc reports to support sales and pricing analysis
  • Collaborate effectively within a matrixed team environment

Benefits

  • Medical, Dental & Vision coverage
  • Health Savings Accounts
  • Flexible Spending Accounts for healthcare and dependent care
  • Disability and Life Insurance provisions
  • Voluntary Benefits options
  • Paid leave and retirement investment plans
Full Job Description
Job Description:

Solventum, a healthcare company with a rich history
Our company is built on a trusted legacy of solving big healthcare challenges that improve patient lives while enabling healthcare professionals to perform at their best. People, and their well-being, are at the heart of every scientific advancement we pursue. We partner closely with the best minds in healthcare - guided by empathy, insight, and clinical intelligence - to solve our customers' toughest challenges.

Our ultimate goal? Move humanity forward by improving health for everyone. Because at Solventum, we never stop solving for you.

The impact you'll make in this role

As a Contract Specialist you'll work alongside sharp, inquisitive minds from a wide spectrum of backgrounds and disciplines. Together, you'll explore new ideas, challenge assumptions, and shape solutions that make a real-world impact by:

You will assist in the preparation, development, and processing of commercial contracts, amendments, and pricing agreements. Compile, track, and analyze data for completion of requests for proposals and ad-hoc reporting. Ensure contract compliance, accurate pricing, reporting, and maintain up-to-date group membership information. Analyze contract sales and calculate all applicable administrative fees. Maintain contract agreement templates and workflow documentation, and support all policies related to contract activity.

You will also implement new processes and procedures as identified by the team and stakeholders to ensure continuous improvements for monitoring, detection, and response capabilities. You will help lead our mission to protect Solventum by collaborating with our key stakeholders and business partners to develop new strategies.

As a Contract Specialist, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

  • Reviewing, analyzing and editing contract language to address business needs while protecting Solventum and minimizing risk
  • Providing counsel to business teams on various contracting methodologies and strategies
  • Consulting others regarding Solventum business practices and policies as they relate to or impact contracting
  • Preparing for, and facilitating, contract negotiations
  • Calculate commercial administration fees
  • Understanding and utilizing systems and data to support business objectives and to fulfill contract requirements
  • Create ad hoc reports; extract and analyze raw data to provide information requested by sales team, such as customer verification, product and pricing agreements, sales volumes, etc.
  • Understanding the impact of various changes in contractual language and the ability to discuss those changes with impacted internal teams and management
  • Initiating contract implementation
  • Working collaboratively and effectively with a highly matrixed team to meet compressed timelines
  • Working with internal clients and external customers to reach resolutions to complex and nuanced issues


Your skills and expertise

These are the core capabilities and experiences essential to make an impact:

Required Qualifications:
  • Bachelor's Degree or higher from an accredited institution and
  • Five (5) years' experience in business, technical, and/or legal contracting


"Nice to Have" Qualifications:
  • Knowledge of the healthcare industry in the United States
  • Strong analytical skills, excellent communication skills and ability to effectively collaborate with cross-functional teams.
  • Good communications skills (verbal, written, presentation) with an ability to clearly convey complex information to diverse audiences
  • Ability to work with minimal supervision
  • Ability to interact with both internal and external customers, with a focus on customer service
  • Proven capability to collaborate across functions and internal structures
  • A passion to solve what matters


Work location:
  • Remote USA


Travel: May include up to 5%

Relocation Assistance: Not authorized

Pay Transparency

Applicable to US Applicants Only: The expected compensation range for this position is $73,600 - $101,200, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate's relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewardshttps://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards

Where this role fits

This role sits within Solventum's Medical Surgical Division, supporting the Acera product portfolio and its clinically proven solutions designed to improve patient outcomes and surgical efficiency. Through Acera Surgical and the Restrata product, the team advances evidence-based wound care technologies that support healing across multiple surgical specialties, helping frontline healthcare providers deliver safer, more effective care.

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of . Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

About 3M Health Care Business Group

3M Health Care Business Group Careers

Join the esteemed 3M Health Care Business Group, a leader in global health care innovation, and be part of a team that is dedicated to improving medical outcomes all around the world.

Explore Job Opportunities

3M Health Care Business Group offers a variety of job opportunities that allow professionals to contribute to a healthier future. The team is constantly on the lookout for passionate, creative, and solution-driven team players.

Professional Growth and Development

At 3M Health Care Business Group, career growth is fostered through unmatched training, development, and certification support. Professionals can go as far as their ambition takes them, with nearly limitless opportunities to advance within the company.

Innovative Work Environment

Engage in innovative work that pushes the boundaries of medical science and technology. The team at 3M Health Care Business Group is at the forefront of industry expertise and digital innovation, delivering targeted solutions that enhance patient care and operational efficiency.

Diversity and Leadership

Leadership at 3M Health Care Business Group is enhanced by a commitment to diversity and inclusion. The company offers diversity training that enriches the professional and personal growth of its team members, fostering an inclusive culture that values different perspectives and ideas.

Internship Programs

Internship opportunities at 3M Health Care Business Group provide a robust platform for students to gain hands-on experience, develop essential skills, and integrate into a culture of leadership and innovation. These positions are crucial stepping stones for those looking to jumpstart their careers in health care.

Benefits and Culture

The culture at 3M Health Care Business Group is built on a foundation of innovation, integrity, and respect. Employees enjoy comprehensive benefits that support both their professional careers and personal lives, ensuring a well-rounded employment experience.

Networking and Professional Development

Networking opportunities within 3M Health Care Business Group allow employees to connect with industry leaders and peers, enhancing their professional networks and opening doors to further career advancement.

Hiring Process

The hiring process at 3M Health Care Business Group is designed to identify and attract top talent. Candidates can expect a thorough interview process where they can showcase their skills and experience. Interested candidates are encouraged to tailor their resumes to highlight relevant experience and skills for the position they are applying for.

Stay Connected

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