Principal Pricing Strategy Analyst at Medtronic

Prague, Prague, Czechia

Medtronic Logo
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

Key technologies and capabilities for this role

ExcelPricing StrategyFinancial ModelingScenario AnalysisASP ForecastingValue-Based PricingMarket AnalysisIntegrated Business PlanningPrice Volume Metrics

Questions & Answers

Common questions about this position

What is the compensation for this Principal Pricing Strategy Analyst role?

Medtronic offers a competitive salary and flexible benefits package for this position.

Is this role remote or office-based?

The role is primarily office-based, with occasional travel required for pricing workshops, business planning, or regional coordination.

What are the required skills and experience for this position?

Candidates need a Bachelor’s degree in Economics, Finance, or Business Administration, minimum 5 years in pricing, commercial finance, or related strategic role, proficiency in Excel for modeling and scenario analysis, strong communication skills, and experience navigating cross-functional teams.

What is the company culture like at Medtronic?

Medtronic emphasizes a culture of exploration, innovation, purpose-driven leadership, compassion, and a commitment to employee contributions and shared success.

What makes a strong candidate for this role?

A strong candidate will have a Master’s degree preferred, previous experience in healthcare pricing, strategy, finance, or reimbursement in the EMEA region, familiarity with Vendavo software, and understanding of legal and compliance requirements, along with a proactive, business-focused mindset.

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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