Sr Pricing Strategy Analyst
Careers that Change Lives
• Key business partner in providing analytic and strategic support for RFPs to the business units
• Provide recommendations in accordance with RFP guidelines and business strategies.
• Collaborate with Commercial teams on various initiatives such as product launch, capital deals, business models, strategic partnership agreements.
• Propose value add recommendations.
• Assist in rebate administration including accruals and validating data for payment
A Day in the Life
• Develops and communicates the strategic, financial, and administrative implications of proposed and/or implemented pricing policy.
• Develops price recommendations to ensure compliance with policy.
• Recommends positions for pricing and reimbursement strategies for current and future products across all relevant customer and market segments.
• May review competition to determine price of new product.
• Provides input on final pricing contracts.
• May plan and develop market research and analysis.
• Responsible for reporting complaints and Adverse Drug Reactions (ADR)
• Provide financial analysis to assist in strategic support in RFPs, pricing models and capital programs. Align proposals with critical business strategies and marketing guidance.
• Contract performance and tender/RFP mapping
• Track compliance for capital acceleration program
• Work with Commercial teams to assist them in product launch, capital programs, strategic partnership agreements and other initiatives.
• Conduct various pricing analysis such as ASP analysis
• Ensure compliance with Medtronic policies and procedures and suggest process improvement.
• Rebate administration including accruals and validating data for payment
• Other Ad hoc analysis as required.
• Key business partner in providing analytic and strategic support for RFPs to the business units
• Provide recommendations in accordance with RFP guidelines and business strategies.
• Collaborate with Commercial teams on various initiatives such as product launch, capital deals, business models, strategic partnership agreements.
• Propose value add recommendations.
• Assist in rebate administration including accruals and validating data for payment
A Day in the Life
• Develops and communicates the strategic, financial, and administrative implications of proposed and/or implemented pricing policy.
• Develops price recommendations to ensure compliance with policy.
• Recommends positions for pricing and reimbursement strategies for current and future products across all relevant customer and market segments.
• May review competition to determine price of new product.
• Provides input on final pricing contracts.
• May plan and develop market research and analysis.
• Responsible for reporting complaints and Adverse Drug Reactions (ADR)
• Provide financial analysis to assist in strategic support in RFPs, pricing models and capital programs. Align proposals with critical business strategies and marketing guidance.
• Contract performance and tender/RFP mapping
• Track compliance for capital acceleration program
• Work with Commercial teams to assist them in product launch, capital programs, strategic partnership agreements and other initiatives.
• Conduct various pricing analysis such as ASP analysis
• Ensure compliance with Medtronic policies and procedures and suggest process improvement.
• Rebate administration including accruals and validating data for payment
• Other Ad hoc analysis as required.
Must Have: Minimum Requirements
KNOWLEDGE/EDUCATION
• Bachelor’s degree, or;
• Advanced degree.
JOB EXPERIENCE
• Minimum of 4 years of relevant experience,with a bachelor’s degree, or;
• Minimum of 2 years of relevant experience,with an advanced degree.
• Experience in Pricing Strategy or similar role
KNOWLEDGE/EDUCATION
• Bachelor’s degree, or;
• Advanced degree.
JOB EXPERIENCE
• Minimum of 4 years of relevant experience,with a bachelor’s degree, or;
• Minimum of 2 years of relevant experience,with an advanced degree.
• Experience in Pricing Strategy or similar role
SKILLS/COMPETENCIES
• Microsoft Office (Advanced Excel, Word, Powerpoint, Access)
• Strong attention to details
• Good communication skills (oral and written)
• Ability to prioritize multiple competing tasks and meet deadlines
• Adapts to system and organizational changes
Nice to Have
KNOWLEDGE/EDUCATION
• CPA or pursuing CPA designation or MBA Finance
JOB EXPERIENCE
• Experience in healthcare /medical device industry
About Medtronic
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
Physical Job Requirements
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. (ADA-United States of America)
