Prin Pricing Strategy Analyst

Medtronic; Watford; On-site; GBP 63,000 - 94,000; Full time

Benefits offered by this job

Medtronic Incentive Plan

Job summary

Medtronic plc in Watford, United Kingdom is seeking a Pricing Manager to lead pricing strategy across Western Europe and beyond. You will collaborate with therapy leaders, finance, and regional teams to shape value-based pricing and drive profitability.

You will analyze pricing trends, develop models in Excel, and align with global pricing strategies, tender processes, and reimbursement frameworks, ensuring compliance and strong stakeholder alignment.

Qualifications

• At least 5 years of experience in pricing, pricing strategy, market optimization, product profitability, tender and reimbursements.
• Significant experience in price, sales or downstream/operational marketing, ideally in international pricing.
• Knowledge of tender and reimbursement systems in Europe.
• Excellent analytic and strategic skills with strong modelling ability (Excel).
• Act with autonomy and perform work with minimal direction.
• Strong leadership, business acumen and financial understanding, plus communication and negotiation skills.
• Experience managing cross-functional, cross-country issues in a matrix, intercultural environment.
• Fluent in English; any additional European language is a benefit.
• University degree or equivalent.

Responsibilities

• Define, develop pricing strategy across the portfolio and customer segments.
• Evaluate pricing trends and recommend actions to meet strategic objectives.
• Conduct diagnostics to determine pricing levers and opportunities.
• Set pricing aspirations, monitor compliance, and assure system maintenance.
• Collaborate with Western Europe, Japan, Australia/New Zealand and global OU to implement value-based models.
• Review tenders and deals; provide recommendations to country business units and senior management.
• Implement operating mechanisms across regions to strengthen pricing as a key lever.
• Build consensus with stakeholders and drive pricing mindset across the organization.
• Ensure compliance with internal procedures and government regulations.
• Interact with OU leaders and Sales/Marketing to align on pricing initiatives.

Skills

Pricing strategy

Market optimization

Product profitability

Tender & reimbursements

Analytical skills

Financial modelling

Leadership

English fluent

Education

University degree or equivalent

Job description

Flexible Work Arrangement

Milano, Lombardia, Italy

Madrid, Madrid, Spain

Watford, Hertfordshire, United Kingdom

Paris, Île de France, France

Full time

R80120

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.

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.

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

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.

We change lives

Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.

We build extraordinary solutions as one team

With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.

This life‑changing career is yours to engineer

By bringing your ambitious ideas, unique perspective and contributions, you will…

• Build a better future, amplifying your impact on the causes that matter to you and the world

• Grow a career reflective of your passion and abilities

• Connect to a dynamic and inclusive culture that welcomes the challenge of life‑long learning

These commitments set our team apart from the rest:

Experiences that put people first

Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career‑building resources you need.

Life‑transforming technologies

No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.

Better outcomes for our world

Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.

Insight‑driven care

Fresh viewpoints. Cutting‑edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

For sales reps and other patient facing field employees, going into a healthcare settingis considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .