Group Lead, Strategic Pricing & Contract Analyst

Abbott Laboratories; Austin (TX); On-site; USD 85,000 - 171,000; Full time

Job summary

A leading healthcare company in Austin is seeking a Group Lead, Strategic Pricing & Contract Analyst to support its Structural Heart Business Unit. This role involves leading a team in financial analysis, contract management, and pricing strategies while promoting collaboration across departments. Candidates should have strong analytical and leadership skills, with a background in business or finance.

Benefits

Free Medical Coverage

Excellent Retirement Savings Plan

Tuition Reimbursement

Qualifications

• Minimum of 7-10 years of experience in business, finance or strategic pricing and contracting required.
• Strong quantitative & qualitative analysis skills, including experience working with large data sets.

Responsibilities

• Lead training process and update documentation for staff training.
• Evaluate cross functional work flows among various departments and make recommendations for improvements.
• Own contract creation from start to finish, collaborating with sales team.

Skills

Leadership

Problem Solving

Negotiation

Analytical Skills

Communication

Education

Bachelors Degree

Masters Degree Preferred

Job description

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.

• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.

• An excellent retirement savings plan with high employer contribution

• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.

The Opportunity

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices,nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.For years, Abbott's medical device businesses have offered technologies that are faster, more effective, and less invasive.Whether it's glucose monitoring systems, innovative therapies for treating heart disease, or products that help people with chronic pain or movement disorders, our medical device technologies are designed to help people live their lives better and healthier. Every day, our technologies help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks.

Our team in Austin, TX is looking for a Group Lead, Strategic Pricing & Contract Analyst.Position will support the Structural Heart (SH) Business Unit. The Group Leader will provide support, training, and leadership to a team responsible for timely review, detailed financial analysis, and administration of sales requests, contracting, and pricing adjustments for local accounts for Abbott Structural Heart deals. Lead projects, lead team activities, identify opportunities, , and assist in developing team members.

What You’ll Work On

• Lead training process and update documentation for staff training and for field sales training.

• Assist with contract template development process and manage updates to policies and procedures from leadership, legal, OEC and finance.

• Proactively research, analyze, and interpret data to produce substantiated recommendations and to work effectively in a high-pressure, high-demand sales support environment.

• Evaluate cross functional work flows among various departments including Finance, Legal, Customer Service and Marketing and make recommendations for improvements.

• Promote creative problem solving among team members and foster a team environment.

• Provide oversight and guidance in the financial analysis and contracting of Purchasing Agreements.

• Lead planning calls with Regional Sales Directors and Area Vice Presidents in multiple franchises to prepare RFP responses, gain alignment on pricing strategy and analytics and review strategy for Price Council.

• Attention to detail is required. Must be able to consider the broader scope when working through new contract structures and identify/address the effects it may have on other agreements and/or processes.

• Lead projects, identify opportunities, define, and financially justify projects, launch project teams, use good project management to manage team activities, lead teams to execute projects with the problem-solving methodology, track project and program status and results, remove and elevate project barriers, and assist in developing team members.

• Collaborate with key cross-functional partners (Legal, Marketing, BU Leadership, and Customer Service) to facilitate contract readiness for new product launches.

• Owns contract creation from start to finish – collaborative effort with sales team to define price needs, analysis to determine financial impact, execution of required internal review for price approval, documentation of proper approval, and final creation of outbound contract offering to end customer.

EDUCATION AND EXPERIENCE YOU’LL BRING

• Bachelors Degree

• Masters Degree Preferred

• Minimum of 7-10 years of experience in business, finance or strategic pricing and contracting is required. Prior experience as Abbott Medical Devices Business Analyst in a Business Unit is preferred.

• Excellent written and oral communications skills with attention to detail, ability to work under pressure, ability to work with general supervision, must be autonomous.

• Leadership, problem solving, and negotiation skills

• Strong analytical, strategic and problem-solving skills required. High level technical skills to build customized analytics based on customer situation. Ability to recognize technical needs and work to build and implement tools that can support the broader Enterprise Accounts Business Analyst team.

• Strong quantitative & qualitative analysis skills, including experience working with large data sets

• Demonstrated ability to work seamlessly with remote sites & business partners including building relationship with Sales personnel to be highly effective

• Demonstrated ability to manage multiple projects simultaneously

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbottand on Twitter @AbbottNews and @AbbottGlobal

The base pay for this position is $85,300.00 – $170,700.00. In specific locations, the pay range may vary from the range posted.