Principal Pricing Strategy Analyst - Minneapolis, MN

Medtronic; Minneapolis (MN); On-site; USD 110,000 - 166,000; Full time

Benefits offered by this job

Health, Dental and vision insurance

401(k) plan with employer contribution

Tuition assistance/reimbursement

Employee Assistance Program

Job summary

Medtronic, a global leader in healthcare technology, is seeking a Principal Pricing Strategy Analyst to drive pricing strategies for medical products and support contract negotiations. You'll partner with cross-functional teams to analyze market trends, review competitive pricing, and develop price governance across customer segments.

This onsite role emphasizes collaboration and impact in a fast-paced environment.

Qualifications

• 8+ years of pricing or contracts experience or equivalent.
• Experience in medical device, healthcare, or regulated industries is a plus.
• Ability to develop pricing recommendations aligned with policy and market dynamics.
• Experience supporting contract pricing, governance processes, or pricing analysis.

Responsibilities

• Advise on pricing strategies for current and future products across all relevant customer and market segments.
• Develop and communicate the impacts of proposed and/or implemented pricing strategies and governance.
• Create price recommendations to ensure compliance with established policies.
• Review competitive activity to determine pricing for new products.
• Provide input on final pricing contracts and agreements.
• Foster strong business partnerships with cross functional internal stakeholders, including facilitation of various pricing analyses and metrics.
• Manage large projects or processes, functioning as a pricing subject matter expert between the enterprise and the operating unit.
• Provide guidance and training to colleagues within the job area.

Skills

Pricing strategy

Pricing governance

Contract pricing

Pricing analytics

Cross-functional collaboration

Education

High School Diploma or equivalent

Associate's Degree

Baccalaureate Degree

Advanced degree in business/finance/economics

Job description

We anticipate the application window for this opening will close on - 14 Sep 2026

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 As a Principal Pricing Strategy Analyst at Medtronic, you will play a critical role in developing and executing pricing strategies that support our innovative medical products and put patients first.

In this role, you’ll collaborate closely with cross-functional teams to analyze market trends, review competitive pricing, and recommend strategies that ensure compliance and maximize value across all customer and market segments.

You will lead key pricing initiatives alongside your business partners while leveraging expertise to directly influence contract negotiations, product launches, and operational efficiency.

This position is primarily onsite, fostering a dynamic environment of professional growth, teamwork, and continuous improvement.

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work.

We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

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

• Advise on pricing strategies for current and future products across all relevant customer and market segments.
• Develop and communicate the impacts of proposed and/or implemented pricing strategies and governance.
• Create price recommendations to ensure compliance with established policies.
• Review competitive activity to determine pricing for new products.
• Provide input on final pricing contracts and agreements.
• Foster strong business partnerships with cross functional internal stakeholders, including facilitation of various pricing analyses and metrics.
• Manage large projects or processes, functioning as a pricing subject matter expert between the enterprise and the operating unit.
• Provide guidance and training to colleagues within the job area.

Minimum Requirements: To be considered for this role, please ensure the following information is evident on your resume High School Diploma or equivalent, with 8+ years of relevant experience in Pricing or Contracts, or equivalent experience OR Associate’s Degree with 6+ years of relevant experience OR Baccalaureate Degree with 4+ years of relevant experience

Nice to Have: Experience developing pricing strategies in medical device, healthcare, or other regulated industries Knowledge of market research, competitive analysis, and pricing impact assessment methods Ability to develop pricing recommendations aligned with policy, compliance, and market dynamics Experience supporting contract pricing, commercial agreements, or pricing governance processes Skills in interpreting pricing metrics, business performance data, and analytical outputs Experience partnering with cross-functional stakeholders across pricing, contracts, sales, and marketing Ability to influence pricing decisions and support negotiation strategy through data-driven insights Experience managing large pricing projects or serving as a pricing subject matter expert Skills in coaching, training, or providing guidance to colleagues within pricing or contracts functions Advanced degree in business, finance, economics, or a related field preferred

#LI-MDT

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

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. The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

U.S. Work Authorization & Sponsorship At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

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.

For updates on job applications, please go to the candidate login page and sign in to check your application status.

If you need assistance completing your application please email [e-mail]

To request removal of your personal information from our systems please email [e-mail]

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.

Salary ranges for U.S (excl. PR) locations (USD):$110,400.00 - $165,600.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others). The following benefits and additional compensation are available to those regular employees who work 20+ hours per week:

• Health, Dental and vision insurance
• Health Savings Account
• Healthcare Flexible Spending Account
• Life insurance
• Long-term disability leave
• Dependent daycare spending account
• Tuition assistance/reimbursement
• and Simple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees:

• Incentive plans, 401(k) plan plus employer contribution and match
• Short-term disability
• Paid time off
• Paid holidays
• Employee Stock Purchase Plan
• Employee Assistance Program
• Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
• and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below: Medtronic benefits and compensation plans

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.

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 setting is 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 updates on job applications, please go to the candidate login page and sign in to check your application status.