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Principal Pricing Strategy , Service and Repair

Medtronic
Minneapolis, Minnesota, US
Full-time

Increase your chances of an interview by reading the following overview of this role before making an application.

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

Would you like to work for a rapidly growing international healthcare company? Bring your talents to an industry leader in medical technology and healthcare solutions we’re a market leader and growing every day.

If so you have a great opportunity as an experienced professional to join a truly dedicated global team.

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

  • 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).

Must Haves

  • 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.

Nice to Haves

  • Service pricing experience from a large healthcare player.
  • Experience with Price Management Systems is a plus.

We Offer

At Medtronic, you will find a diverse team of innovators who bring their unique backgrounds and their individual life experiences to work every day.

We work hard to cultivate a workforce that reflects our patients and partners, we believe it’s the only way to drive healthcare forward.

We offer a competitive salary and benefits package to all our employees :

  • 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).

Our Commitment

Our unwavering commitment to inclusion, diversity, and equity (ID&E) means zero barriers to opportunity within Medtronic and a culture where all employees belong, are respected, and feel valued for who they are and the life experiences they contribute.

We know equity starts beyond our workplace, and we must play a role in addressing systemic inequities in our communities if we hope to have long-term sustainable impact.

Anchored in our Mission, we continue to drive ID&E forward both to enhance the well-being of Medtronic employees and to accelerate innovation that brings our lifesaving technologies to more people in more places around the world.

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.

Salary ranges for U.S (excl. PR) locations (USD) : $106,400.00 - $159,600.00. 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 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.

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and / or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law.

In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

At Medtronic, most positions are posted on our career site for 3-7 days.

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4 days ago
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