Business Analyst (Channel) (New Health Care Company)

Job Description

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Business Analyst (Channel) (New Health Care Company)

3M is establishing two industry-leading companies, creating value through the spin-off of its Health Care business, while 3M will continue to be a global material science leader, focusing our innovation to win in favorable global megatrends and attractive end markets. This new Health Care Company will be a leading global diversified health technology company with:

Proven category leadership
Exposure to attractive end-markets
Innovation mindset driving improved patient outcomes
Collaborative customer relationships
Deep global regulatory experience
Operational excellence and strong cash flow
Strong sales growth and profitability with significant recurring sales

We expect the creation of the two companies will be completed by the end of the first quarter of 2024. We will continue to operate as one global company. This role is positioned to drive the success of the “New Health Care Company”.

The Impact You’ll Make in this Role

As a Business 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. You will play a critical role in analyzing financial data, assessing performance, and providing insights to support key business decisions for Channel/Distribution and Executive teams. Here, you will make an impact by:

Analyze and develop sales performance metrics, trends, and forecasts.
Aid various teams in drawing insight from data and focus on business-facing analytics, predictive modeling, forecasting, and models.
Prepare comprehensive reports/dashboards, highlighting key insights and recommendations for management.
Conduct thorough research and analysis to support strategic decisions.
Monitor industry trends, market changes, and economic indicators to provide insights and recommendations.
Collaborate with various departments to gather relevant information and ensure accuracy in reporting.

Your Skills and Expertise

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

Bachelor’s Degree AND five (5) years of experience in the healthcare industry in a private, public, government or military environment

OR

High School Diploma/GED AND nine (9) years of experience in the healthcare industry in a private, public, government or military environment

AND

In addition to the above requirements experience with the following are also required:

Proficiency in data analysis and statistical techniques.
Visualization tools, including Tableau and/or PowerBI
Knowledge of Excel for financial analysis and reporting.
R, Python, SQL and/or other related programming language is required.

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

Master’s degree in Business, Finance, Accounting, Economics, Mathematics, Computer Science or Statistics from an accredited institution
Previous experience analyzing data in the healthcare/durable medical equipment industry
Previous experience analyzing supply chain data
Project management software experience, such as Jira.

For current employees, internal transfer restrictions may not apply. For more details, contact your local recruiter/HR team.

Work location:

Remote

Travel: May include up to 10% domestic

Relocation Assistance: Is not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M 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 $106,331 – $129,960, 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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