Principal Pricing Strategy Analyst

7 days ago

Gurgaon, Haryana, India Medtronic Full time

Careers that Change Lives

The Service and Repair Pricing Strategy Manager will be responsible for partnering with Local/Regional leadership team to ensure the effective implementation of pricing foundation processes for the Region and driving more complex strategic pricing initiatives that are aligned with corporate priorities. As well as driving the creation of a pricing culture and support the standardization of tools, processes and metrics in the region, for all Business units, ensuring sustainable implementation by creating a prioritization roadmap.

A Day in the Life

You will be responsible for:

ØLeading 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.

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

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

ØPutting 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

ØContributing, 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).

ØDeveloping and providing recommended solutions to innovative pricing solutions.

ØDriving 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.

ØDefining and implementing key KPI's and processes to manage the function successfully towards a 'best-in-class' organization.

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

Must Haves

ØUniversity degree in business, finance, accounting, or equivalent

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

Ø9-12 years of relevant service pricing experience or successful experience in Strategy, Finance, Reimbursement / Health Economics or Marketing.

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

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

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

ØEnthusiastic, Self-motivated and positive.

ØAvailable for some international travel and out of office work

Nice to Haves

ØService pricing experience from a large healthcare player.

ØExperience with Price Management Systems is a plus

ABOUT MEDTRONIC

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology 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 can 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)

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