Contract Administrator

Abbott; Lake Forest (IL); Hybrid; USD 61,300 - 122,700; Full time

Job summary

Abbott is a global healthcare leader based in Lake Forest, Illinois. The Contract Administrator supports the Contracts & Pricing Department with administrative tasks, strategic analysis, and contract administration.

The role bridges Account Executives, Regional Sales Directors, and cross-functional teams to develop, negotiate, and manage sales contracts, ensuring accuracy, compliance and timely execution. Onboarding requires onsite work five days a week for 3–6 months, after which a hybrid

Qualifications

• Bachelor's degree in a business-related field.
• 2+ years in commercial sales contracting or contract administration.
• Strong communication and organizational skills.

Responsibilities

• Ensure timely processing of sales contracts.
• Negotiate and draft contract terms per policies.
• Analyze risks of contract changes.
• Present contract conditions to customers and management.
• Resolve contract conflicts and support regional contracts.

Skills

Communication

Customer service

Organizational skills

Multi-tasking

Self-starter

Team collaboration

Contract administration

Education

Bachelor's degree in business-related discipline

Tools

Microsoft Word

Microsoft Excel

Outlook

Salesforce

Job description

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries.

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.