Principal Data Scientist
Principal Data Scientist
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1 Vacancy
Job Description
At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.
A Day in the Life
We are looking for a business-savvy Principal Data Scientist to support our Contract Performance Management business team focused on transforming operational and contract-related data into actionable insights. This role will report solid-line to business leadership acting as an embedded expert within the commercial domain with a dotted-line reporting to the IT Data Analytics & AI team.This is a hands-on role where youll collaborate daily with functional leaders to frame analytical problems identify data opportunities build predictive models and develop actionable dashboards and tools to support pricing strategies and contracting this role you will apply your data mining skills statistical analysis and machine learning techniques combined with business domain knowledge to bring value to the Contract Performance Management group.
At Medtronic we bring bold ideas forward with speed and decisiveness to put patients first in everything we -person exchanges are invaluable to our work. Were 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.
Responsibilities may include and others may be assigned.
- Analyze contract performance metrics (e.g. rebate utilization contract compliance pricing accuracy) to identify trends anomalies and improvement opportunities that drive decision-making based on strategic recommendations and operational efficiency.
- Translate business questions into structured data problems and deliver analytical models and solutions that inform pricing and contract strategies.
- Build and maintain analytic workflows dashboards and predictive models directly within Palantir Foundry (or similar platforms).
- Ensure that analytical outputs are accessible interpretable and actionable by non-technical users.
- Develop repeatable and scalable data science components within enterprise platforms that integrate tightly with contract performance operations.
- Analyze large amounts of data to discover trends and patterns.
- Build predictive models and machine-learning algorithms.
- Present information using data visualization techniques.
- Collaborate with data architects/engineers and data analysts withing the IT group to achieve common project goals.
- Extend the companys data with third party sources of information when needed.
- Processing cleansing and verifying the integrity of data used for analysis.
- Perform ad-hoc analysis and present results in a clear manner.
Must Have:
Bachelors degree with a minimum of 7 years of relevant experience or Advanced degree with a minimum of 5 years of relevant experience.
Nice to Have: (Preferred Qualifications)
- Minimum of 5 years of proven experience as a Data Scientist.
- Analytical mindset and deep experience transforming data into business insights.
- Proven experience developing and deploying data science solutions within enterprise-scale analytics platforms such as Palantir Foundry (strong plus) Databricks Snowflake Dataiku Qlik Alteryx Tableau Prep Azure Synapse or similar.
- Proficiency in Python or R is required for advanced data analysis and modeling tasks.
- Hands-on experience building analytics workflows and models in low-code or no-code collaborative platforms.
- Experience with data modeling concepts and data lineage in modern data ecosystems.
- Proven experience developing machine learning models for predictive and prescriptive data analysis.
- Experience in data visualization (Power BI/Tableau or similar)
- Strong math skills (e.g. statistics algebra).
- Problem-solving attitude.
- Excellent communication and presentation skills.
- Experience working directly with commercial pricing contracting or finance teams in a data science capacity.
- Medical devices healthcare or pharma experience.
- Hands-on experience working with Palantir Foundry.
- Experience with ontology and digital twin frameworks.
- Proven experience with process mining frameworks (Celonis UiPath)
- BSc/BA in Computer Science Engineering or relevant field; graduate degree in Data Science or quantitative field is a strong plus.
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.
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.
The following benefits and additional compensation are available to those regular employees who work 20 hours per week: Health Dental and vision insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition assistance/reimbursement andSimple 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 matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-qualified Retirement Plan Supplement (subject to IRS earning minimums) andCapital 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.
Further details are available at the link below:
Medtronic benefits and compensation plans
About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission to alleviate pain restore health and extend life unites a global team of 95000 passionate people.
We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab to the factory floor to the conference room every one of us experiments creates builds improves and solves. We have the talent diverse perspectives and guts to engineer the extraordinary.
Learn more about our business mission and our commitment to diversity here.
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 addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Required Experience:
Staff IC
Employment Type
Full-Time
