Pricing & Contracting Analyst at Medtronic

Petaling Jaya, Selangor, Malaysia

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Advanced practical knowledge within a specific discipline typically gained through extensive work experience and/or education
Minimum of 6 years of relevant experience
Ability to work on assignments that are extremely complex in nature and lead daily operations
Performs a variety of complex or technical-advanced administrative and clerical duties
High degree of initiative; ability to work without established procedures
Ability to make adjustments or recommend enhancements in systems and processes to solve problems or improve effectiveness
Ability to communicate with internal and external contacts on matters of significant importance
May act as a team lead and assistant to the supervisor/manager, delegate tasks, and review work product

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
Provides organizational related support or service (administrative or clerical) for other members within the organization
Work may include activities related to special assignments and providing instructions to accomplish day-to-day work activities to junior individuals in the department
Work involves obtaining or providing information or data on matters of moderate importance to the function of the department or which may be of sensitive nature

Skills

Pricing Strategy

Reimbursement Strategy

Pricing Database Management

Pricing Disputes

Pricing Overrides

Customer Price Lists

Administrative Support

Contracting

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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