United States onlyJob Description:
Contract 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 Contract Analyst, you will help protect Solventum’s interests and enable business growth by ensuring contracts are legally compliant, operationally clear, and aligned to business objectives. You will review, draft, and negotiate agreements with clients, vendors, and partners, proactively identifying risks and advising stakeholders on contractual rights and obligations.
As a Contract 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:
- Reviewing and analyzing contracts (proposals, agreements, amendments) to ensure compliance with applicable laws, internal policies, and business objectives.
- Identifying risks, liabilities, and unfavorable terms; recommending revisions and mitigation strategies to protect Solventum.
- Drafting, revising, and maintaining contract documents (new agreements, renewals, amendments) with accuracy, clarity, and version control.
- Negotiating key terms including scope, deliverables, payment structures, and commercial conditions to achieve favorable, compliant outcomes.
- Partnering cross-functionally (Legal, Finance, Procurement, Project/Business teams) to interpret requirements, clarify obligations, and drive practical, cost-effective execution.
- Ensuring contract compliance through periodic audits, reviews, and process checks; escalating issues and improvement opportunities as needed.
- Managing contract lifecycle administration, including tracking key dates (renewals, expirations), supporting extensions/terminations, and resolving contract-related execution issues.
- Staying current on relevant laws, regulations, and industry standards; updating templates and processes and supporting contract management best practices across the business.
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 in Business Administration, Finance, Law, or related field (completed and verified prior to start) from an accredited institution AND Two (2) years of experience in a contract analyst, contract administration, or contract management role.
In addition to the above requirements, the following are also required:
- Working knowledge of contract law, legal terminology, and compliance requirements; ability to interpret complex contract language accurately.
- Proven negotiation and stakeholder management skills with the ability to communicate contract concepts to non-legal audiences.
- Strong organization and time management skills with the ability to manage multiple contracts and deadlines in a fast-paced environment.
- Proficiency with Microsoft Office (Word, Excel, PowerPoint, Outlook) and comfort working in contract lifecycle management (CLM) tools or similar systems.
Additional qualifications that could help you succeed even further in this role include:
- Advanced degree (e.g., MBA or Juris Doctor).
- Strong analytical and critical-thinking skills to evaluate contractual risk and business impact.
- Contract management certification (e.g., CCCM or other NCMA certification).
- Experience supporting contracts in regulated and/or complex industries (e.g., healthcare, technology, government, or similar).
- Experience improving contracting processes, templates, and workflows (continuous improvement mindset).
Work location: Remote
Travel: up to 10 %
Relocation Assistance: Not authorized
Additional Requirements
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 $96,000 - $132,000, 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-RewardsResponsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.
Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.
Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County.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.Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.
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