Pricing Strategy Director – Cardiovascular
Company | Medtronic |
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Location | Minneapolis, MN, USA, Jacksonville, FL, USA |
Salary | $171200 – $256800 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior, Expert or higher |
Requirements
- Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. § 214.2(h)( 4)(iii)(A) and minimum of 10 years of relevant experience with 7+ years of managerial experience, or advanced degree with a minimum of 8 years of relevant experience with 7+ years of managerial experience.
Responsibilities
- Lead a team of pricing professionals focused on U.S. and global pricing strategy and execution.
- Lead the development and execution of pricing and contracting strategies across the Cardiovascular portfolio.
- Influence pricing strategy on critical new product launches.
- Oversee daily pricing operations and enable functional transformation through better processes, tools, and data-driven insights.
- Achieve and exceed established price and margin targets, including Price & Mix Effect (PME), price increase programs, and margin improvement initiatives.
- Lead the creation of pricing strategy for key new product launches and serve as a liaison between the global pricing teams and OU leadership.
- Engage key business partners to understand commercial priorities and develop strategies to execute pricing & contracting strategies that protect and grow revenue and margin.
- Evolve US and global governance processes that are aligned with Operating Unit strategies.
- Oversee pricing & contracting policy & compliance processes, including delegation of authority, deal management, and proper execution and retention of customer contracts and related addendums.
- Drive innovation and process improvement in partnership with the Global Commercial Office to deliver improved effectiveness and resource efficiency.
Preferred Qualifications
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No preferred qualifications provided.