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Principal Pricing Strategy Analyst


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Job Details

Principal Pricing Strategy Analyst



Requisition #:


Post Date:

Nov 18, 2020


Medtronic has a great opportunity for a pricing professional to join a growing division within a market leading medical devices company. As Principal Pricing Strategy Analyst, you will work closely with Pricing Strategy Lead in shaping and developing a best in class function. You will be responsible for workstreams to identify pricing opportunities and to define methodologies and processes that best capture those opportunities. You will be a key point of contact from EMEA central organization working with various stakeholders across EMEA and Global including marketing, finance, pricing, market access and commercial teams.


Medtronic plc (, headquartered in Dublin, Ireland, is among the world's largest medical technology, services and solutions companies - alleviating pain, restoring health and extending life for millions of people around the world. Medtronic employs more than 85,000 people worldwide, serving physicians, hospitals and patients in approx. 160 countries. The company is focused on collaborating with stakeholders around the world to take healthcare Further, Together.


The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position.


+ Contribute to building a best in class pricing strategy function across its pillars of price setting, execution, governance and monitoring

+ Conduct diagnostics and design methodologies to determine key pricing levers and price/revenue/profit optimization opportunities

+ Partner with Business and Marketing organization at EMEA level to drive correct pricing strategy of product launches and new business models

+ Defines EU List prices and supports country target and floor price setting based on pricing strategies

+ Design and implement pricing guidelines and processes that supports Diabetes Group achieve its business and financial objectives

+ Work closely with regional marketing, sales and pricing teams to collect competitive insights and pricing trends

+ In cooperation and with support from pricing analyst(s) designs, implements and maintains insightful pricing reports and dashboard to support performance tracking

+ Ensure strategic partnership and alignment with other functional areas such as finance, market access and reimbursement to ensure effective pricing strategies

+ Provide strategic support in identifying, implementing and developing new commercial models and ensure a smooth process implementation

+ Drive and monitor compliance to target prices


+ The ideal candidate should have in-depth understanding and experience with the development and execution of pricing strategies that optimize market access and product profitability

+ Min 5 years experience in pricing, commercial or finance functions

+ Knowledge of tender and reimbursement systems in Europe

+ Experience working with different revenue models in a B2B and/or B2C environment

+ Experience with medical devices or life sciences industry will be a plus

+ Strong business acumen and financial understanding

+ Excellent analytic and strategic skills - demonstrated problem-solving skills

+ Strong entrepreneurial skills who brings passion, energy and excellence in execution to their work

+ Experience working in a matrix structure

+ Team player and track record of working collaboratively to manage cross-functional, cross-business issues and generate impact through others

+ At ease in different cultures and situations

+ Experience of working in a cross-functional team and leading with influence

+ Excellent verbal and written communication skills and fluency in English. Any other European language is an advantage


+ University degree or equivalent
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.
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