Pricing Specialist at Abbott

Alameda, California, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor's Degree required
A minimum of 2 years related work experience
Ability to understand the organization’s strategy and translate into day-to-day activities
Ability to facilitate interpretation and understanding of data, identify risks, develop recommendations and implement solutions
Ability to build and develop professional relationships within and outside of the work environment
Ability to consistently provide clear and concise written and verbal communication
Ability or aptitude to utilize software applications to complete tasks
Preferred: Proficiency in Microsoft Pivot Tables, Excel functions, dealing with large data sets

Responsibilities

Process administrative contract transactions across all channels and ensure accuracy of calculations and payments within contractual terms and conditions
Evaluate and monitor contract performance to ensure compliance with contractual obligations and determine action to rectify contract noncompliance
Process miscellaneous price credits/debits and resolve other contractual discrepancies
Track and report rebates claim and payments status
Analyze and answer customer service queries regarding sales pricing operations
Manage aged deductions and work with receivables management to resolve disputed claims
Interface with other functional groups to ensure consistency and integrity in contract processing
Support audit and compliance requests

Skills

Key technologies and capabilities for this role

Pricing AnalysisDiabetes CareGlucose MonitoringHealthcare ProductsMarket Analysis

Questions & Answers

Common questions about this position

Is this position remote or onsite?

This is an onsite opportunity in the Abbott Diabetes Care Division in Alameda, CA.

What benefits does Abbott offer?

Abbott provides free medical coverage in the Health Investment Plan (HIP) PPO medical plan, an excellent retirement savings plan with high employer contribution, tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit.

What are the main responsibilities of the Pricing Specialist?

Responsibilities include processing administrative contract transactions, ensuring accuracy of calculations and payments, evaluating contract performance, processing price credits/debits, tracking rebates, analyzing customer queries, and managing aged deductions.

What is the company culture like at Abbott?

Abbott supports doing work that matters, personal growth and learning, caring for yourself and family, being your true self, career development in an international company, and is recognized as a great place to work, one of the most admired companies, and best for diversity, working mothers, female executives, and scientists.

What salary or compensation is offered for this role?

This information is not specified in the job description.

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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