Principal Pricing Strategy Analyst
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MAIN JOB DUTIES/RESPONSIBILITIES
- Contribute to building a best in class pricing strategy function across its pillars of price setting, execution, governance and monitoring
- Conduct diagnostics and design methodologies to determine key pricing levers and price/revenue/profit optimization opportunities
- Partner with Business and Marketing organization at EMEA level to drive correct pricing strategy of product launches and new business models
- Defines EU List prices and supports country target and floor price setting based on pricing strategies
- Design and implement pricing guidelines and processes that supports Diabetes Group achieve its business and financial objectives
- Work closely with regional marketing, sales and pricing teams to collect competitive insights and pricing trends
- In cooperation and with support from pricing analyst(s) designs, implements and maintains insightful pricing reports and dashboard to support performance tracking
- Ensure strategic partnership and alignment with other functional areas such as finance, market access and reimbursement to ensure effective pricing strategies
- Provide strategic support in identifying, implementing and developing new commercial models and ensure a smooth process implementation
- Drive and monitor compliance to target prices
REQUIRED KNOWLEDGE, SKILLS, ABILITIES AND EXPERIENCE:
- The ideal candidate should have in-depth understanding and experience with the development and execution of pricing strategies that optimize market access and product profitability
- Min 5 years’ experience in pricing, commercial or finance functions
- Knowledge of tender and reimbursement systems in Europe
- Experience working with different revenue models in a B2B and/or B2C environment
- Experience with medical devices or life sciences industry will be a plus
- Strong business acumen and financial understanding
- Excellent analytic and strategic skills - demonstrated problem-solving skills
- Strong entrepreneurial skills who brings passion, energy and excellence in execution to their work
- Experience working in a matrix structure
- Team player and track record of working collaboratively to manage cross-functional, cross-business issues and generate impact through others
- At ease in different cultures and situations
- Experience of working in a cross-functional team and leading with influence
- Excellent verbal and written communication skills and fluency in English. Any other European language is an advantage
EDUCATION:
- University degree or equivalent
