Sr Pricing Strategy Analyst.
4 weeks ago
• 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
A Day in the Life
• 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. Must Have: Minimum Requirements
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
• 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
Nice to Have
KNOWLEDGE/EDUCATION
• CPA or pursuing CPA designation or MBA Finance
JOB EXPERIENCE
• Experience in healthcare /medical device industry
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