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Senior Pricing Strategy Analyst
| Company | Medtronic |
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| Location | Minneapolis, MN, USA |
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| Salary | $83200 – $124800 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Senior |
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Requirements
- Bachelor’s Degree
- 4+ years of relevant experience; or advanced degree with a minimum of 2 years relevant experience
Responsibilities
- Lead business partner for assigned OU/Portfolio
- Downstream and upstream modeling and analysis, market execution, and performance analysis
- Develop pricing models to support product feature selection and portfolio development for current and future products
- Perform revenue modeling to set new product price premiums considering customer segments
- Develop execution plans (account planning), tracking metrics and analytics post launch
- Present and gain alignment with business leadership on pricing strategies
- Partner to ensure product pricing models support market dynamics, successful implementation, and drive launch goals
- Creation and ongoing management of Pricing Programs through collaboration with OU, Sales, & Contracting
- Lead and collaborate on initiatives across the organization to drive efficiency in price programs, processes, tools, and systems
- Create and implement proactive pricing programs and risk assessments for assigned OUs
- Lead and or create pricing council / summit material
- Create and advise on quarterly analysis of price drivers, trends, and market insights
- Review price forecasts and assist with enterprise ASP reporting initiatives
- Manage governance processes, floors, deal reviews, and approvals; improve outcomes
- Assist in design, own governance the policy, and advise on enforcement & operations
- Workshop and advise on deals to drive improved outcomes (approval authority on deals within price bands)
- Advise on pricing systems, tools, and deal analytics requirements
- Develop and train sales and contracting on tools, price strategies, and processes
- Support pricing operations function on price set up where necessary (system price uploading, mapping, etc.)
- Analyze and monitor competitive pricing to determine strategies to mitigate impacts to our portfolio
Preferred Qualifications
- Works independently under limited supervision to determine and develop approach to solutions
- Proficiency in Excel, Tableau, Power Point, and Business objects
- Experience in working with sales or contracting
- Demonstrated strong quantitative and analytical skills
- Proven ability to translate large amounts of data into actionable insights and coherent strategies
- Demonstrated self-starter with communication, collaboration, and leadership skills
- Must be comfortable working in cross-functional role and navigating many stakeholders
- Ability to create and present PowerPoint presentations
