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Medtronic

Prin Pricing Strategy Analyst

Reposted 8 Days Ago
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In-Office
Watford, Hertfordshire, England, GBR
Senior level
In-Office
Watford, Hertfordshire, England, GBR
Senior level
Develops pricing strategies, recommendations, and policies for medical technology products across European markets. Analyzes competition, reimbursement systems, market segments, profitability, and market research to support pricing and contracting decisions. Advises on financial and strategic implications, collaborates across countries and business functions, and influences stakeholders within a matrix organization.
The summary above was generated by AI

Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

A Day in the Life

Responsibilities may include the following and other duties may be assigned.

  • Work with the business and therapy leaders, as well as cross functionally, to define, develop pricing and execute strategy across the product/service portfolio and customer segments.
  • Evaluate pricing trends and recommend actions to ensure pricing meets the Operating Unit strategic objectives. Conduct analysis and build consensus with key stakeholders to drive agreement on appropriate pricing levels.
  • Conduct diagnostics to determine key pricing levers and estimate pricing opportunities.
  • Set pricing aspirations/goals/targets, monitor compliance take corrective actions and assure system maintenance, 
  • Work in close collaboration with the Western Europe, Japan, Australia/New Zealand country, and the global Operating Unit to develop, implement innovative business models and value-based healthcare programs.
  • Review key tenders and deals and ensure they are meeting the OU revenues and profit expectations. Provide recommendations to the country business unit, and senior management
  • Implement operating mechanisms across Western Europe, Japan/Australia to strengthen the focus on pricing as key strategic and profit lever.
  • Build consensus with the key stakeholders (Global, HQ, countries) and drive pricing mindset change in the organization.
  • Ensure compliance with internal procedures and government regulations.
  • Use sound judgment and strong financial skills to interact with OU leaders, regional Sales & Marketing Leaders and other stakeholders
  • Work in close collaboration with the EurAsia OLM Pricing strategy team to share best practices and support the execution of pricing initiatives cross Medtronic.

Required Knowledge and Experience: ·       


  • At least 5 years of experience in pricing, namely pricing strategy, market optimization, product profitability, tender and reimbursements.
  • Significant experience is required in price, sales or downstream/operational marketing. The last one to two positions should have been in international pricing positions or in a major pricing consultancy firm.
  • Knowledge of tender and reimbursement systems in Europe
  • Excellent analytic and strategic skills - Demonstrated analytical and problem-solving skills, strong modelling skills (Excel)
  • Act with autonomy, performs work without appreciable direction.
  • Strong Leadership and influence skills, business acumen and financial understanding, as well as communication and negotiation skills
  • Experience in managing cross-functional, cross country and cross-business issues and generate impact through others within a matrix structure and an intercultural environment.
  • Fluent in English, any other European language is a benefit.
  • University degree or equivalent.

Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

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Recruitment Fraud Alert 

We are aware of phishing scams targeting job seekers. Please keep the following in mind: 


Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses. 


Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate. 


If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments. 


If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at [email protected]. 

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 


Pay range / Rango salarial / Intervalo salarial /Fascia retributiva / Tranche de salaire / Gehaltsband / Salaribereik:  France: 70,400.00 EUR - 105,600.00 EUR | Italy: 61,600.00 EUR - 92,400.00 EUR | Spain: 64,000.00 EUR - 96,000.00 EUR | United Kingdom: 62,800.00 GBP - 94,200.00 GBP | 
The final salary within this range will be determined based on objective, job-related criteria, including relevant experience, skills and qualifications, in accordance with our compensation framework.

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This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

Medtronic Watford, England Office

Watford, United Kingdom

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