Senior Insurance Analyst - Minneapolis, MN (On-site)

Medtronic; Minnesota; On-site; USD 81,000 - 121,000; Full time

Job summary

Medtronic, based in Fridley, Minnesota, is hiring a Senior Insurance Analyst for the Risk Management team. This onsite role supports global casualty and property insurance programs, reviews policies, administers certificates, and collaborates with employees, external parties, and customers.

The ideal candidate holds a Bachelor's degree with 4+ years in insurance/finance or an advanced degree with 2+ years, plus proficiency in Microsoft Office, especially Excel.

Qualifications

• Bachelor's degree with 4+ years of experience in insurance, risk management, finance, legal, compliance, or related business field OR advanced degree with 2+ years of related experience.
• Proficiency with Microsoft Office applications, including Excel.
• For degrees earned outside the United States, the requirement to meet 8 C.F.R. § 214.2(h)(4)(iii)(A).

Responsibilities

• Support collection, validation, and preparation of submission data for global casualty, property, and other corporate insurance programs.
• Review insurance policies and endorsements for accuracy and completeness.
• Administer Certificate of Insurance and automobile identification card requests.
• Assist with workers' compensation reporting for monopolistic and self-insured states.
• Respond to inquiries regarding insurance programs and policies.
• Review contract insurance provisions to align with global programs.
• Maintain insurance policies, submissions, records, and related documentation.
• Maintain and update the internal SharePoint Insurance site.
• Support merger and acquisition due diligence and insurance integration.

Skills

Microsoft Office

Excel

Education

Bachelor's degree +4 years in insurance/related field

Advanced degree +2 years

Tools

Microsoft Excel

Job description

We anticipate the application window for this opening will close on - 16 Oct 2026. Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first - developing innovative medical technologies that improve the lives of 72+ million patients each year.

A Day in the Life The Risk Management team supports Medtronic's global business operations by ensuring compliance with insurance requirements and managing corporate insurance programs. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

This position is based in Fridley, Minnesota and follows onsite work arrangement. Travel is minimal and expected to be less than 10%.

The Senior Insurance Analyst is an integral member of the Risk Management team and helps manage the global property and casualty insurance programs. This role requires working knowledge of insurance and closely collaborates with a variety of stakeholders, including with employees, external parties, and customers.

Primary Responsibilities

• Support the collection, validation, and preparation of submission data for global casualty, property, and other corporate insurance programs.
• Review insurance policies and endorsements to verify accuracy and completeness.
• Administer certificate of insurance and automobile identification card requests.
• Assist with workers' compensation reporting requirements for monopolistic and self-insured states.
• Respond to inquiries regarding insurance programs and policies.
• Review contract insurance provisions to verify alignment with the global insurance programs.
• Maintain insurance policies, submissions, records, and related documentation.
• Maintain and update the internal SharePoint Insurance site.
• Support merger and acquisition due diligence activity and insurance integration efforts.

Required Qualifications

• Bachelor's degree with 4+ years of insurance, risk management, finance, legal, compliance, or related business experience OR advanced degree with 2+ years of related experience.
• Proficiency with Microsoft Office applications, including Excel.
• For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

Preferred Qualifications

• Experience supporting property, casualty, workers' compensation, or other corporate insurance programs.
• Advanced Microsoft Excel skills for data analysis, reporting, and insurance program support.
• Experience supporting merger and acquisition due diligence and integration activities.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$80,800.00 - $121,200.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California.

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week:

• Health
• Dental
• Vision insurance
• Health Savings Account
• Healthcare Flexible Spending Account
• Life insurance
• Long-term disability leave
• Dependent daycare spending account
• Tuition assistance/reimbursement
• Simple Steps (global well-being program)

The following benefits and additional compensation are available to all regular employees:

• Incentive plans
• 401(k) plan plus employer contribution and match
• Short-term disability
• Paid time off
• Paid holidays
• Employee Stock Purchase Plan
• Employee Assistance Program
• Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
• Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan.

Please note some of the above benefits may not apply to workers in Puerto Rico.

Equal Employment Opportunity

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law.

In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here.

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