Senior 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

Fluent in English
Proven experience in data consolidation, validation, and analytics
Proven experience in creating insightful data visualizations using Tableau, Power BI or other similar tools
Strong stakeholder management and communication skills
Expertise in identifying KPIs and performing detailed analytics
Analytical mindset with attention to detail and problem-solving skills
Understanding of Excel VBA, SQL, or other relevant programming and query languages
Understanding of pricing metrics is desirable

Responsibilities

Collect, consolidate, and validate data from multiple sources to ensure accuracy and reliability for analytics and reporting purposes
Build models supporting consolidation of Regional and Business inputs (pricing plan and target; price increase programs…)
Perform deep-dive analyses to uncover business drivers and root causes of performance trends
Provide standard Narratives to Regions, OUs, Finance
Support impact analysis on proposed PVM methodological changes
Collaborate with regional teams and Finance to understand business requirements and deliver analytics solutions
Effectively communicate findings and recommendations to both technical and non-technical stakeholders
Monitor and report on PME and POP to support strategic decision-making
Evaluate and recommend updates to analytical methodologies to improve accuracy and relevance
Manage and enhance the Market Share Tool

Skills

Pricing Strategy

Price Forecasting

Performance Reporting

Data Consolidation

Data Validation

Analytics

KPI Analysis

Deep Dive Analysis

Stakeholder Management

Market Share Analysis

Pricing Models

Business Intelligence

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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