Principal Pricing Strategy Analyst at Medtronic

Prague, Prague, Czechia

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor’s degree in Economics, Finance, or Business Administration
Minimum 5 years of experience in pricing, commercial finance, or a related strategic role
Proficiency in Excel with experience in modeling and scenario analysis
Strong communication skills with the ability to simplify complex analytics
Track record of navigating matrix environments and cross-functional teams
Proactive, business-focused mindset with a drive for strategic execution
A Master’s degree is preferred
Previous experience in healthcare pricing, strategy, finance, or reimbursement in the EMEA region is an advantage
Familiarity with Vendavo software and an understanding of legal and compliance requirements would be beneficial

Responsibilities

Develop and implement strategic pricing frameworks aligned with business goals and market trends
Shape pricing for new product launches, using value drivers and competitive insights
Provide pricing input into Integrated Business Planning (IBP), including average selling price (ASP) forecasts
Lead floor price governance, validating exception requests based on strong business rationale
Translate market dynamics and pricing intelligence into actionable insights
Monitor price volume metrics (PVM) to track strategic pricing initiatives and value capture
Support pricing capability-building and standardization across countries through governance tools and training

Skills

Excel

Pricing Strategy

Financial Modeling

Scenario Analysis

ASP Forecasting

Value-Based Pricing

Market Analysis

Integrated Business Planning

Price Volume Metrics

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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