Medtronic

Principal Pricing Strategy Analyst

Medtronic

Minneapolis, MN, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

At Medtronic, we are dedicated to improving the lives of people through innovative medical technologies and therapies. As the Principal Pricing Strategy Analyst, you will play a critical role in shaping our pricing strategies to ensure we can continue to provide accessible and high-quality healthcare solutions. We are seeking a highly analytical and forward-thinking individual with a strong background in pricing and healthcare to join our team. If you are passionate about using your skills to make a positive impact on patients' lives, we would love to hear from you.

  1. Develop and implement pricing strategies that align with Medtronic's mission of improving patient lives and ensuring accessibility to healthcare solutions.
  2. Conduct thorough market and competitive analysis to inform pricing decisions and identify opportunities for growth.
  3. Collaborate with cross-functional teams, including sales, marketing, and finance, to gather insights and develop pricing recommendations.
  4. Utilize data and analytics to monitor and evaluate the effectiveness of current pricing strategies and make recommendations for adjustments as needed.
  5. Stay updated on industry trends and regulations related to healthcare pricing to ensure compliance and mitigate potential risks.
  6. Conduct pricing research and analysis to support new product launches and product life-cycle management.
  7. Act as a subject matter expert on pricing strategy, providing guidance and training to team members and other departments as needed.
  8. Identify and implement process improvements to streamline pricing operations and increase efficiency.
  9. Collaborate with global pricing teams to ensure consistency and alignment across markets.
  10. Proactively communicate pricing strategies and updates to relevant stakeholders and leadership.
Where is this job?
This job is located at Minneapolis, MN, USA
Job Qualifications
  • Bachelor's Degree In Business, Finance, Economics, Or Related Field.

  • Minimum Of 5 Years Experience In Pricing Strategy Analysis, Preferably In The Medical Device Industry.

  • Strong Analytical And Problem-Solving Skills, With Proficiency In Data Analysis And Financial Modeling.

  • Knowledge Of Pricing Methodologies And Strategies, Including Value-Based Pricing And Competitive Analysis.

  • Excellent Communication And Interpersonal Skills, With The Ability To Collaborate And Influence Cross-Functional Teams.

Required Skills
  • Strategic Planning

  • Data Analysis

  • Market Research

  • Contract Negotiation

  • Forecasting

  • Financial Modeling

  • Pricing strategy

  • Competitive analysis

  • Pricing analysis

  • Revenue

  • Cost Optimization

  • Product Portfolio Management

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • Interpersonal Skills

  • Critical thinking

  • Organizational skills

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Principal Pricing Strategy Analyst in Minneapolis, MN, USA is $123,000 - $147,000 per year. This salary range can vary depending on factors such as experience, education, and the specific company or industry the analyst works for.

Additional Information
Medtronic is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 8th, 2025
Apply BeforeApril 11th, 2026
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About Medtronic

Medtronic plc is the world's largest medical device company that generates the majority of its sales and profits from the US healthcare system and is headquartered on the island of Ireland.

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