Contract Administrator Job at Abbott Laboratories, Lake Forest, IL

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  • Abbott Laboratories
  • Lake Forest, IL

Job Description

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 114,000 colleagues serve people in more than 160 countries.

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and 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 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists

The Opportunity

Abbott Rapid Diagnostics is part of Abbott’s Diagnostics family of businesses, delivering industry-leading technologies and expert teams to support diagnostic testing that informs treatment and disease management.

We are hiring a Contract Administrator to support our Cardiometabolic business unit within Abbott Rapid Diagnostics. This position is based at our Lake Forest, IL office .

The Contract Administrator will provide administrative, analytical, and procedural support to internal and external customers on behalf of the Contract Administration Department. Acting as a liaison between account executives, regional sales directors, directors of national accounts, and other stakeholders, this role ensures accurate processing and administration of sales contracts.

What you'll do:

  • Ensure timely processing of sales contracts
  • Negotiate and draft contract terms and conditions in accordance with corporate policies
  • Analyze potential risks that contract changes may pose to the organization
  • Present and explain contract conditions and details to customers, business partners, and management
  • Resolve any existing contract conflicts
  • Work with different levels of personnel within an organization to analyze and solidify an overall contract strategy
  • Independently support one or more sales regions regarding full contract management
  • Acts as a resource to the sales organization regarding current pricing and contracting policies, and programs
  • Participate in and prepare for contracting strategy meetings
  • Perform database maintenance on an ongoing basis to ensure accurate reporting
  • Assist in updating departmental SOPs (Standard Operating Procedures)
  • Meet deadlines and update clients with status
  • Utilize data from the company’s CRM system to generate reports, analyze data, and track product and ordering patterns
  • Interface with internal fulfillment group and distributors to establish working relationships, assure proper end-user pricing, and contract effective dates are loaded
  • Understands and is aware of the quality consequences that may occur from the improper performance of their specific job; has awareness of device defects that may occur in their area of responsibility, including product design, verification and validation, manufacturing,and testing activities
  • Responsible for exhibiting professional behavior with both internal/external business associates that reflects positively on the company and is consistent with the company’s policies and practices; build productive internal/external working relationships
  • Carries out duties in compliance with established business policies
  • Other duties as assigned, according to the changing needs of the business

Required Qualification:

  • Requires a bachelor’s degree in a business-related discipline.
  • Minimum intermediate experience with Word and Excel is a must.
  • Minimum of 2 years of relevant experience in commercial sales contracting.

Preferred Qualification:

  • Two to four years’ experience directly related to contract administration, preferably within the bio-tech/ healthcare industry. 
  • Demonstrated ability to effectively and constructively communicate across departmental disciplines while pursuing contract department goals.
  • Must have good communication & organizational skills
  • Must have a customer service attitude & good computer skills (Microsoft Word, Excel, Outlook, etc.)
  • Self-starter and a multi-tasker
  • Ability to work in a high-volume, dynamic team environment
  • Previous CRM or database experience preferred
  • Previous healthcare, biotech, or sales industry experience preferred 

Learn more about our benefits that add real value to your life to help you live fully:

Follow your career aspirations to Abbott for diverse opportunities with a company that has the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity. 

Connect with us at on Facebook at and on Twitter @Abbott News and @AbbottGlobal. 

The base pay for this position is $60,000.00 – $120,000.00. In specific locations, the pay range may vary from the range posted.

Job Tags

Contract work, Work at office,

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