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- Tasks: Shape innovative pricing strategies in a collaborative health tech environment.
- Company: Join Medtronic, a leader in global healthcare technology dedicated to solving health challenges.
- Benefits: Enjoy competitive salary, flexible benefits, and a supportive work culture.
- Why this job: Make a real impact on healthcare access while working with passionate professionals.
- Qualifications: 6-8 years in pricing or finance within the medical device industry required.
- Other info: Be part of a diverse team committed to innovation and excellence.
The predicted salary is between 28800 - 48000 ÂŁ per year.
Join to apply for the Pricing Strategist role at Medtronic 5 days ago Be among the first 25 applicants Join to apply for the Pricing Strategist role 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. A Day in the Life Are you passionate about shaping the future of pricing strategies in a dynamic and collaborative health technology environment? As a Country Pricing Strategist, you\’ll be at the heart of our mission to drive innovative pricing solutions and support key business leaders across various teams. We\’re looking for talented individuals who are eager to make an impact and bring fresh perspectives to our dynamic workplace. In this role, you\’ll work closely with Operating Unit leaders, Enterprise & Commercial Account leaders, Marketing Teams, and the European Strategic Pricing team. Your insights will be pivotal in crafting and executing our country\’s pricing strategy, encompassing both existing and new products. You\’ll be more than just a pricing expert; you\’ll become an integral part of the Operating Unit leadership team, gaining a deep understanding of their business goals and challenges. Responsibilities may include the following and other duties may be assigned: Act as the pricing champion and trusted partner, ensuring alignment with Local country & Western Europe colleagues and implementing strategies using the Vendavo Pricing Management tool Use local market insights and analytics to translate and apply pricing strategies at the country level, providing clear guidance on pricing targets and thresholds Collaborate with Operating Unit (OU) leaders to propose and build business cases for pricing strategy modifications based on local market dynamics and competitive environments Analyse contract coverage for new product launches, support contract negotiations, assess tender designs, and develop strategies to ensure pricing harmonisation Develop product portfolio options, optimise revenue and margin impact of offers, and provide pricing recommendations while ensuring strategy alignment in offers Monitor pricing performance, support pricing capability development within sales and marketing teams, and ensure best practice dissemination across Operating Units and countries Serve as the single point of contact for pricing strategy activities, coordinate new offer development. Utilise and communicate price performance with senior leaders. Required Knowledge and Experience: 6-8 years of experience in Commercial, Pricing, or Finance roles within the medical device industry Expertise in crafting and executing pricing, discounting, and contracting strategies for both tender and private market settings Strong grasp of marketing principles, market research, financial forecasting, and commercial operations, including tender processes Capable of conducting detailed analytics and converting them into actionable insights, with experience in business process mapping and presenting findings Demonstrated project management skills, including planning, prioritising, and goal-setting in a fast-paced environment Excellent verbal and written communication abilities, capable of simplifying complex subjects for diverse audiences and able to interact with and influence senior-level decisions, effectively mediating between multiple viewpoints. Able to show resilience and manage uncertainty and make decision with partial information would be welcome. Ability to be a positive team player is highly valued. 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. 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. 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 95,000+ 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 here Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Business Development and Sales Industries Medical Equipment Manufacturing, Hospitals and Health Care, and Pharmaceutical Manufacturing Referrals increase your chances of interviewing at Medtronic by 2x Sign in to set job alerts for “Strategist” roles. 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Pricing Strategist employer: Medtronic
Contact Detail:
Medtronic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Strategist
✨Tip Number 1
Familiarise yourself with Medtronic's mission and values. Understanding their commitment to healthcare access and innovation will help you align your responses during interviews, showcasing how your personal values resonate with theirs.
✨Tip Number 2
Network with current or former employees of Medtronic on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations for the Pricing Strategist role.
✨Tip Number 3
Stay updated on the latest trends in pricing strategies within the medical device industry. Being able to discuss recent developments or case studies during your interview can demonstrate your expertise and passion for the field.
✨Tip Number 4
Prepare to discuss specific examples from your past experience that highlight your analytical skills and project management abilities. Tailoring your stories to reflect the responsibilities outlined in the job description will make a strong impression.
We think you need these skills to ace Pricing Strategist
Some tips for your application 🫡
Understand the Role: Before applying, take time to thoroughly understand the responsibilities and requirements of the Pricing Strategist role at Medtronic. Tailor your application to highlight how your experience aligns with their needs.
Highlight Relevant Experience: In your CV and cover letter, emphasise your 6-8 years of experience in Commercial, Pricing, or Finance roles within the medical device industry. Provide specific examples of how you've crafted and executed pricing strategies.
Showcase Analytical Skills: Demonstrate your ability to conduct detailed analytics and convert them into actionable insights. Include examples of past projects where you successfully used data to influence pricing decisions.
Communicate Effectively: Since excellent verbal and written communication abilities are crucial for this role, ensure your application is clear and concise. Use straightforward language to explain complex concepts, showcasing your ability to communicate with diverse audiences.
How to prepare for a job interview at Medtronic
✨Understand the Role
Before your interview, make sure you thoroughly understand the responsibilities of a Pricing Strategist. Familiarise yourself with pricing strategies, market dynamics, and how they apply to the medical device industry. This will help you articulate your thoughts and demonstrate your expertise.
✨Showcase Analytical Skills
Be prepared to discuss your experience with analytics and how you've used data to inform pricing decisions in the past. Bring examples of how you've translated complex data into actionable insights, as this is crucial for the role.
✨Demonstrate Collaboration
Since the role involves working closely with various teams, be ready to share examples of how you've successfully collaborated with others. Highlight your ability to mediate between different viewpoints and influence senior-level decisions.
✨Prepare Questions
Have thoughtful questions ready for your interviewers. Inquire about the company's current pricing challenges or how they envision the future of pricing strategies in the healthcare sector. This shows your genuine interest in the role and the company.
