R&D Analyst

USA SOLVENTUM MANAGEMENT LLC; Eagan (MN); Hybrid; USD 84,000 - 115,000; Full time

Benefits offered by this job

Hybrid work model

Relocation assistance

Job summary

Solventum is seeking a R&D Analyst to support the R&D organization with data-based analyses across investments, portfolio decisions, and resource allocations. The role includes forecasting, budget tracking, and KPI development to drive leadership decisions and improve overall performance.

The position offers hybrid work (2 days in Eagan, MN or San Antonio) with up to 10% travel; relocation may be authorized.

Qualifications

• Bachelor’s degree or higher in Business, Finance, Marketing, Economics, Data Analytics

Responsibilities

• Increase business performance through analysis of R&D investments, portfolio decisions, and resource allocation opportunities.
• Improve return on R&D investment by evaluating project execution to strategic plans.
• Enhance leadership decision making through forecasting, budget tracking, variance analysis, and performance reporting.
• Support strategic decision making by creating analysis solutions in support of portfolio evaluations.
• Develop key performance indicators and collaborate to create solutions that improve organizational visibility and accountability.
• Improve business performance through various support opportunities.

Job description

At Solventum, we improve lives by helping healthcare professionals do their best work. Join a team using innovation and insight to make a real impact on the future of healthcare. All roles listed are with Solventum, and we’re committed to protecting your personal information—learn more in our Privacy Policy: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/

Job Description

R&D Analyst 3M Health Care is now Solventum.

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue. We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You’ll Make in this Role

As a R&D Analyst 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:

• Increase business performance through analysis of R&D investments, portfolio decisions, and resource allocation opportunities.
• Improve return on R&D investment by evaluating project execution to strategic plans.
• Enhance leadership decision making through forecasting, budget tracking, variance analysis, and performance reporting.
• Support strategic decision making by creating analysis solutions in support of portfolio evaluations.
• Develop key performance indicators and collaborate to create solutions that improve organizational visibility and accountability.
• Improve business performance through various support opportunities.

The person hired for the position of MedSurg R&D Analyst will be responsible for analysis in support of the R&D organization. This position will collaborate across the business to create analysis and reports for business needs.

Your Skills and Expertise

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

• Bachelor’s degree or higher in Business, Finance, Marketing, Economics, Data Analytics from an accredited university AND Five (5) years numeric based experience in finance, market, economics, and/or data analysis.

Additional qualifications that could help you succeed even further in this role include:

• Experience with finance, market, economics, or investment analysis.
• Knowledge and experienced in current finance practices and policies.
• Experience providing data-analysis in support of business decisions.
• Experience within MedTech, healthcare, life science, or regulated industries.
• Professional demeanor, solid business acumen, and client service attitude.
• Basic Understanding of SAP, Oracle or other related systems.
• Requires the ability to communicate in written and spoken English.
• Experience leveraging AI to assist in numeric based analysis and work flows.

Work location: Hybrid- 2 Days a week Eagan, MN or San Antonio

Travel: May include up to 10% domestic or international

Relocation Assistance: May be authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope. Applicable to US Applicants Only: The expected compensation range for this position is $83,600 - $114,950, 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-Rewards

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

Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

A new healthcare company with a rich history. With more than 70 years of delivering healthcare innovations, we continue to move the industry forward by helping to solve our customers’ biggest challenges. 20,000+ employees worldwide. Solventum relies on the courage and the boundless insights of professionals worldwide to achieve exceptional results for our customers and those who rely on them. Healthcare that leads with heart and humility starts with listening and never finishes, only evolves. As long as healthcare challenges remain unsolved, we will be here, united by empathy and a relentless belief that countless lives are improved through our work. Operations in 38 countries. Driven by our dedication to improved outcomes for all we serve, we break through by making unprecedented connections that impact lives. In more than 300 offices and facilities around the world, we work closely with customers and partners to create positive healthcare outcomes that transcend borders. To realize our shared vision, we harness diverse talents and perspectives from every background to not only address our customers' most urgent priorities but anticipate the needs of the future.