Pricing Analyst

at  Medtronic

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.

REQUIRED KNOWLEDGE AND EXPERIENCE:

• 3-5 years of work experience in a Commercial, Pricing or Finance Role
• Experience of tender processes and strong commercial and business acumen, within some of the following: articulating principles of Marketing, market research (pricing/competitor), Finance (sales forecasts, CGS, P&L), Commercial Operations (tender processes and systems) and Value
• Excellent communication skills in one of the Nordic languages (except Finnish) and English
• Proven project management skills including planning, prioritizing and setting goals
• Experience of taking information from multiple sources and synthesizing conclusions
• Ability to communicate complex subjects in a simple way and to present information in a variety of forms, including documents, spreadsheets, presentations, and diagrams for both functions and sales audiences
• Highly developed interpersonal, networking and communication skills and an ability to work under pressure to meet tight deadlines
• Showing resilience and having the ability to manage uncertainty and make decision with partial information would be welcome .Ability to and be a positive team player is highly valued as is previous experience from the medical device industry. Additional degree or certification in Business Administration, Marketing, Economics, Finance is a plus.

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.

• Working with Operating Units and Central Pricing upon new product launches to setup all applicable price points (Targets, Approval levels) based on the value proposition of the product.
• Medtronic’s product portfolio from a pricing perspective to support the Operating Unit in product assessment for a tender/contract and to ensure leverage of the full portfolio and facilitate finding the correct level of pricing.
• Running the tender product & pricing strategy from pre-tender to end results working closely together with the Operation Unit.
• Performing Financial Award Impact Analysis and evaluation on Medtronic’s Competitors.
• Analysing Product mix, volume and revenue based on tender to optimize revenue share.
• Working with business finance analysts to incorporate any new pricing decisions into revenue and margin forecasts.
• Reviewing yearly Target and Approval Level (TAPS) to implement the strategy in Vendavo.
• Contract management and compliance reporting.