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Company

Original Job Post

Medtronic · 2 days ago

Principal Pricing Strategy

Minnesota, United States

Full-time

Hybrid

Senior Level

6+ years exp

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Responsibilities

Leading S&R Regional Pricing Strategy within the Medtronic Global team, in alignment with Global S&R Pricing Strategy, covering the areas of Pricing & Contracting Strategy, Pricing Governance and Insights into Pricing Performance.

Defining pricing strategy for existing and new services, for current portfolio and new products, covering the areas of: spare parts, Per incident, Service contract agreements

Performance monitoring and partnering with all relevant business stakeholders to define, implement and report on pricing strategy & guidelines.

Putting in place systematic annual price increase: definition and validation of ambition; definition of price increase processes and tools to set target and measure performance against target

Contributing, with Global S&R Pricing lead and peers S&R Pricing Manager, to the definition and implementation of strategic pricing framework (strategic pricing playbook), to be consistently implemented for hospitals, regional buying groups, patients and governmental bodies, managing through tenders and individual contract negotiations (localization of pricing playbook)

Developing and providing recommended solutions to innovative pricing solutions.

Driving performance of the Regional S&R team on pricing topics: educate internal stakeholders and customers; build internal pricing-related business practices, processes and capabilities; develop team members to maximize strengths and realize potential efficiencies

Defining and implementing key KPI’s and processes to manage the function successfully towards a ‘best-in-class’ organization.

Developing insights and reports through partnerships with Analyst (Analytics and Insights team).

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Excel modellingPowerbiMs officeService pricingFinanceHealth economicsMarketingBusiness partnershipProcess improvementsChange managementProject managementComplex matrix environmentMulti-culturalMulti-functionalProblem solvingDecision makingAnalyticalInterpersonalTeamworkCommunicationEnthusiasticSelf-motivatedPositivePrice Management Systems

Required

University degree in business, finance, accounting, or equivalent

Excellent knowledge of Excel modelling and PowerBI as well as MS Office

6-8 years of relevant service pricing experience or successful experience in Strategy, Finance, Reimbursement / Health Economics or Marketing

Proven track record of business partnership and process improvements, as well change and project management and strong analytical experience

Problem solving and decision-making skills – and ability to operate within a complex matrix environment with multi-cultural & multi-functional components to overcome strategic challenges

Excellent oral and written communication skills and interpersonal skills coupled with ability to work independently as well as function well in a team

Enthusiastic, Self-motivated and positive

Available for some international travel and out of office work

Preferred

Service pricing experience from a large healthcare player

Experience with Price Management Systems is a plus

Benefits

Flexible working environment

Annual Incentive Plan % depending on company results

Pension scheme and group discount on healthcare insurance

Training possibilities via Cornerstone/Skills Lab

Employee Assistance Program and Recognize! (our global recognition program)

Company

Medtronic

Glassdoor

3.9

Medtronic develops healthcare technology solutions for various medical conditions.

Founded in 1949

Minneapolis, Minnesota, USA

10,001+ employees

https://www.medtronic.com

H1B Sponsorship

Medtronic has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Trends of Total Sponsorships

2023 (185)

2022 (337)

2021 (383)

2020 (274)