Pricing Strategist

Medtronic; Watford; On-site; GBP 50,000 - 70,000; Full time

Job summary

Join a leading healthcare technology company as a Pricing Strategist, where you'll shape innovative pricing strategies in a dynamic environment. Collaborate with various teams to drive pricing solutions and support business goals. This role offers an opportunity to make a significant impact while working in a collaborative setting.

Benefits

Flexible Benefits Package

Competitive Salary

Qualifications

• 6-8 years of experience in Commercial, Pricing, or Finance roles within the medical device industry.
• Strong grasp of marketing principles and financial forecasting.

Responsibilities

• Act as the pricing champion and trusted partner for local and Western Europe colleagues.
• Collaborate with Operating Unit leaders to propose pricing strategy modifications.
• Monitor pricing performance and support pricing capability development.

Skills

Analytical Skills

Communication

Project Management

Tools

Vendavo Pricing Management

Job description

Join to apply for the Pricing Strategist role at Medtronic

5 days ago Be among the first 25 applicants

Join to apply for the Pricing Strategist role at Medtronic

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Are you passionate about shaping the future of pricing strategies in a dynamic and collaborative health technology environment? As a Country Pricing Strategist, you'll be at the heart of our mission to drive innovative pricing solutions and support key business leaders across various teams. We're looking for talented individuals who are eager to make an impact and bring fresh perspectives to our dynamic workplace.

In this role, you'll work closely with Operating Unit leaders, Enterprise & Commercial Account leaders, Marketing Teams, and the European Strategic Pricing team. Your insights will be pivotal in crafting and executing our country's pricing strategy, encompassing both existing and new products. You'll be more than just a pricing expert; you'll become an integral part of the Operating Unit leadership team, gaining a deep understanding of their business goals and challenges.

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

• Act as the pricing champion and trusted partner, ensuring alignment with Local country & Western Europe colleagues and implementing strategies using the Vendavo Pricing Management tool
• Use local market insights and analytics to translate and apply pricing strategies at the country level, providing clear guidance on pricing targets and thresholds
• Collaborate with Operating Unit (OU) leaders to propose and build business cases for pricing strategy modifications based on local market dynamics and competitive environments
• Analyse contract coverage for new product launches, support contract negotiations, assess tender designs, and develop strategies to ensure pricing harmonisation
• Develop product portfolio options, optimise revenue and margin impact of offers, and provide pricing recommendations while ensuring strategy alignment in offers
• Monitor pricing performance, support pricing capability development within sales and marketing teams, and ensure best practice dissemination across Operating Units and countries
• Serve as the single point of contact for pricing strategy activities, coordinate new offer development. Utilise and communicate price performance with senior leaders.
  
  
  

Required Knowledge and Experience:

• 6-8 years of experience in Commercial, Pricing, or Finance roles within the medical device industry
• Expertise in crafting and executing pricing, discounting, and contracting strategies for both tender and private market settings
• Strong grasp of marketing principles, market research, financial forecasting, and commercial operations, including tender processes
• Capable of conducting detailed analytics and converting them into actionable insights, with experience in business process mapping and presenting findings
• Demonstrated project management skills, including planning, prioritising, and goal-setting in a fast-paced environment
• Excellent verbal and written communication abilities, capable of simplifying complex subjects for diverse audiences and able to interact with and influence senior-level decisions, effectively mediating between multiple viewpoints.
  
  
  

Able to show resilience and manage uncertainty and make decision with partial information would be welcome. Ability to be a positive team player is highly valued.

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.

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.

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.

Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people.

We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

• Industries

  Medical Equipment Manufacturing, Hospitals and Health Care, and Pharmaceutical Manufacturing

Referrals increase your chances of interviewing at Medtronic by 2x

Sign in to set job alerts for “Strategist” roles.

London, England, United Kingdom 3 days ago

London, England, United Kingdom 1 week ago

Senior Content Strategist, European Markets

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 3 days ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 4 days ago

London, England, United Kingdom 1 month ago

Industry Activation Strategist - Global Business Solutions - UK

London, England, United Kingdom 3 weeks ago

London, England, United Kingdom 1 week ago

Greater London, England, United Kingdom 2 months ago

London, England, United Kingdom 5 days ago

London, England, United Kingdom 5 days ago

Maidenhead, England, United Kingdom 5 days ago

Creative Strategist - Baby Products brand

London, England, United Kingdom 8 months ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 hour ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 2 days ago

TikTok Shop - Creator & Affiliate Strategist, London

London, England, United Kingdom 1 week ago

London, England, United Kingdom 6 days ago

International Government Affairs Strategist

Greater London, England, United Kingdom 4 hours ago

London, England, United Kingdom 5 days ago

Senior Content Strategist, Global Content

London, England, United Kingdom 3 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.