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Sr Pricing Strategy Analyst.

Medtronic11 days ago
Brampton, Ontario
Senior Level
full_time

Top Benefits

Competitive Salary and flexible Benefits Package
Short-term incentive called the Medtronic Incentive Plan (MIP)
Wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage

About the role

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

  • 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

Main Job Duties/Responsibilities

  • 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.

Required Qualifications 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

  • Fluent Bilingual (oral and written)
  • 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

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.

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.

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

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 95,000+ 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

About Medtronic

Medical Equipment Manufacturing
10,000+

A global healthcare technology leader — boldly attacking the most challenging health problems facing humanity with innovations that transform lives.