R&D Analyst

 

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Job Description:

R&D 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 R&D 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:

How you will make an impact

• Increase business performance through analysis of R&D investments, portfolio decisions, and resource allocation opportunities.
• Improve return on R&D investment by evaluating project execution to strategic plans.
• Enhance leadership decision making through forecasting, budget tracking, variance analysis, and performance reporting.
• Support strategic decision making by creating analysis solutions in support of portfolio evaluations.
• Develop key performance indicators and collaborate to create solutions that improve organizational visibility and accountability.
• Improve business performance through various support opportunities.

The person hired for the position of MedSurg R&D Analyst will be responsible for analysis in support of the R&D organization. This position will collaborate across the business to create analysis and reports for business needs. 

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 or higher in Business, Finance, Marketing, Economics, Data Analytics from an accredited university  AND Five (5) years numeric based experience in finance, market, economics, and/or data analysis.

Additional qualifications that could help you succeed even further in this role include:

• Experience with finance, market, economics, or investment analysis.
• Knowledge and experienced in current finance practices and policies
• Experience providing data-analysis in support of business decisions
• Experience within MedTech, healthcare, life science, or regulated industries.
• Professional demeanor, solid business acumen, and client service attitude 
• Basic Understanding of SAP, Oracle or other related systems 
• Requires the ability to communicate in written and spoken English
• Experience leveraging AI to assist in numeric based analysis and work flows

Work location:

• Hybrid- 2 Days a week
• Eagan, MN or San Antonio

Travel: May include up to 10% domestic or international

Relocation Assistance: May be authorized

Applicable to US Applicants Only:The expected compensation range for this position is $83,600 - $114,950, 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-Rewards

   

Responsibilities 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.

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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