Principal Pricing Strategy Analyst
1 week ago
At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world A Day in the Life 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 Responsibilities may include the following and other duties may be assigned 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 targetContributing 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 KPIs 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 SPECIALIST CAREER STREAM Typically an individual contributor with responsibility in a professional discipline or specialty Delivers and or manages projects assigned and works with other stakeholders to achieve desired results May act as a mentor to colleagues or may direct the work of other lower level professionals The majority of time is spent delivering and overseeing the projects - from design to implementation - while and adhering to policies using specialized knowledge and skills normally acquired through advanced education DIFFERENTIATING FACTORSAutonomy Recognized expert managing large projects or processes Exercises considerable latitude in determining deliverables of assignments with limited oversight from manager Coaches reviews and delegates work to lower level specialists Organizational Impact Contributes to defining the direction for new products processes standards or operational plans based on business strategy with a significant impact on work group results May manage large projects or processes that span outside of immediate job area Innovation and Complexity Problems and issues faced are difficult moderately complex and undefined and require detailed information gathering analysis and investigation Develops solutions to moderately complex problems and or makes moderate to significant improvements of processes systems or products independently to enhance performance of job area Implements solutions to problems Communication and Influence Represents organization as a primary contact for specific projects and initiatives communicates with internal and external customers and vendors at various levels May negotiate with others to reach understanding or agreement and influence decision-making Leadership and Talent Management Typically provides guidance coaching and training to other employees within job area Typically manages major moderately complex projects involving delegation of work and review of work products at times acting as a team leader Required Knowledge and Experience xc3 x98 University degree in business finance accounting or equivalent xc3 x98 Excellent knowledge of Excel modelling and PowerBI as well as MS Office xc3 x98 9-12 years of relevant service pricing experience or successful experience in Strategy Finance Reimbursement Health Economics or Marketing xc3 x98 Proven track record of business partnership and process improvements as well change and project management and strong analytical experience xc3 x98 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 xc3 x98 Excellent oral and written communication skills and interpersonal skills coupled with ability to work independently as well as function well in a team xc3 x98 Enthusiastic Self-motivated and positive xc3 x98 Available for some international travel and out of office work Physical Job RequirementsThe 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 CompensationMedtronic 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 MedtronicWe 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 90 000 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 Medtronic
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