Pricing Administration II-Mumbai at Medtronic

Mumbai, Maharashtra, India

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Full job knowledge of systems and procedures obtained through prior work experience or education
Minimum of 2 years of relevant experience

Responsibilities

Responsible for the product pricing and reimbursement strategies across the organization
Manages the pricing database
Provides customer price lists, country list prices, and checks with field & at time of order
Manages pricing disputes & overrides
Works on clerical and administrative assignments that may require application of prior experience
Works under moderate supervision, making minor adjustments to methods and processes
Delivers on day-to-day objectives with direct impact on achievement of results for the job area, including moderate scheduling or customer satisfaction implications
Checks and makes minor adjustments to work methods to solve routine problems
Highlights areas of concerns/problems and puts forth solutions in own job area
Communicates typically with internal contacts within and outside of immediate team, obtaining and providing information requiring some explanation or interpretation
May provide guidance and assistance to new or entry level employees

Skills

Pricing Strategy

Reimbursement

Pricing Database Management

Customer Price Lists

Pricing Disputes

Pricing Overrides

Administrative Support

Clerical Tasks

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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