Senior Contract Analyst

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

Benefits offered by this job

Health insurance

Retirement plan

Tuition reimbursement

Education benefit (FreeU)

Career development

Job summary

Abbott Park, IL (Abbott Point of Care) seeks a Senior Contract Analyst to develop pricing strategies, assess terms, and manage contracts. The role partners with Sales, Finance, Marketing, and Contracting to ensure profitable pricing and compliance, with a focus on healthcare analytics and market access dynamics.

The position emphasizes pricing strategy development, contract administration, and actionable insights to drive growth in a fast-paced environment.

Qualifications

• Associate’s degree required.
• 4+ years of pricing/contract experience preferred.
• Strong analytical and communication skills.
• Experience with pricing systems and CRM platforms.

Responsibilities

• Serve as pricing and contract expert for new and existing strategies.
• Analyze terms, pricing structures, and market data to provide insights.
• Review and implement pricing requests, contracts, renewals, amendments.
• Monitor performance and address pricing discrepancies or risks.
• Collaborate with Sales, Finance, Marketing, Customer Service, and Contracting.
• Develop reports and dashboards to inform pricing decisions.
• Stay informed on healthcare contracting and reimbursement dynamics.
• Lead process improvement and advanced analytics for growth.

Skills

Analytical skills

Problem-solving

Communication skills

Organizational skills

Independent working

Multitasking / prioritization

Healthcare contracting knowledge

Education

Associate's degree

Bachelor's degree in Business, Finance, Economics, Healthcare Administration, Data Analytics, or related field

Tools

SAP

Salesforce

Power BI

Job description

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.