Senior Contract Analyst

Abbott; Illinois; On-site; USD 78,000 - 156,000; Full time

Benefits offered by this job

Free medical coverage in HIP PPO plan

High employer retirement contribution

Tuition reimbursement

FreeU education benefit

Job summary

Abbott Park, IL-based Senior Contract Analyst position in the Diagnostics division focuses on developing pricing strategies to meet customer needs while ensuring profitability. You will analyze contract terms, pricing structures, and market data, review pricing requests, and implement pricing amendments with accuracy and compliance.

You’ll partner with Sales, Finance, Marketing, and Contracting teams to drive pricing effectiveness, develop reports and dashboards, and maintain knowledge of

Qualifications

• Associate degree required; 4+ years of experience preferred.
• Bachelor's degree in Business, Finance, Economics, Healthcare Admin or related field preferred.
• Strong analytical and problem-solving abilities essential.
• Experience with pricing, contract admin, or healthcare analytics advantageous.

Responsibilities

• Serve as pricing and contract administration SME for new and existing pricing strategies.
• Analyze terms, pricing, utilization, and market data to provide actionable insights.
• Review and implement pricing requests, contracts, renewals and amendments accurately.
• Monitor performance, identify pricing risks, and recommend corrective actions.

Skills

Analytical thinking

Problem solving

Communication skills

Time management

Education

Associate degree

Bachelor's degree

Tools

Excel

Power BI

SAP

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 122,000 colleagues serve people in more than 160 countries.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to :

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a high employer contribution.
• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Abbott Park, IL (Lake Bluff, IL) location in the Abbott Point of Care, Diagnostics Division. We’re empowering smarter medical and economic decision-making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.

The Senior Contract Analyst will help develop pricing strategies to meet customers' needs while providing a profit for the organization.

What You’ll Work On

• Serve as a subject matter expert in pricing and contract administration, supporting both new and existing product pricing strategies.
• Analyze contract terms, pricing structures, customer utilization, and market data to provide actionable business insights and recommendations.
• Review, validate, and implement pricing requests, customer contracts, renewals, and amendments to ensure accuracy and compliance.
• Monitor contract performance, identify pricing discrepancies or risks, and recommend corrective actions to improve outcomes.
• Partner cross-functionally with Sales, Finance, Marketing, Customer Service, Research, and Contracting teams to support strategic initiatives.
• Develop reports, dashboards, presentations, and analytical tools to inform business decisions and drive pricing effectiveness.
• Maintain knowledge of healthcare contracting, reimbursement environments, IDNs, regulatory requirements, and market access dynamics impacting pricing decisions.
• Lead and support process improvement initiatives, market research, and advanced analytics to enhance pricing strategies, operational efficiency, and profitable growth opportunities.

Required Qualifications

• Associate’s degree
• Minimum 4 years experience.

Preferred Qualifications

• Bachelor's degree in Business, Finance, Economics, Healthcare Administration, Data Analytics, or related field.
• 2-5 years of experience in contract administration, pricing, sales operations, healthcare analytics, or related business functions.
• Strong analytical and problem-solving skills.
• Advanced proficiency in Microsoft Excel, including pivot tables, lookups, and data analysis.
• Excellent organizational skills and attention to detail.
• Strong written and verbal communication skills.
• Ability to work independently with limited oversight.
• Ability to manage competing priorities in a fast-paced environment.
• Knowledge of healthcare contracting and reimbursement environments.
• Understanding of IDNs, GPOs, healthcare systems, and provider networks.
• Experience working with pricing systems, CRM platforms, SAP, Salesforce, or similar business systems.
• Experience creating reports and dashboards using Power BI or similar analytical tools.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives : https ://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. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at abbott.com, on LinkedIn at https ://www.linkedin.com/company/abbott-/, and on Facebook at https ://www.facebook.com/AbbottCareers.

The base pay for this position is $78,000.00 – $156,000.00. In specific locations, the pay range may vary from the range posted.