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
• Key business partner in providing analytic and strategic support for RFPs to the business units.
• Provide recommendations in accordance with RFP guidelines and business strategies.
• Collaborate with Commercial teams on various initiatives such as product launch, capital deals, business models, strategic partnership agreements.
• Propose value add recommendations.
• Assist in rebate administration including accruals and validating data for payment.
MAIN JOB DUTIES/RESPONSIBILITIES
Develops and communicates the strategic, financial, and administrative implications of proposed and/or implemented pricing policy.
Develops price recommendations to ensure compliance with strategy and policy.
Recommends positions for pricing and reimbursement strategies for current and future products across all relevant customer and market segments.
Support Forecast ASPs quarterly in IBP process. Provide ASP support during the appropriate IBP meetings (RDR, PMR).
Provide strategic input on contract and rebate structures that align to growth objectives.
Provide data driven insights for program performance.
Provide financial analysis to assist in strategic support in RFPs, pricing models and capital programs. Align proposals with critical business strategies and marketing guidance.
Contract performance and tender/RFP mapping.
Work with Commercial teams to assist them in product launch, capital programs, strategic partnership agreements and other initiatives.
Ensure compliance with Medtronic policies and procedures and suggest process improvement.
Program and Rebate administration including accruals and validating data for payment.
May review competition to determine price of new product.
May plan and develop market research and analysis.
Other ad hoc analysis as required.
Salary Range: $75360-$94200
SPECIALIST CAREER STREAM: Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower level professionals. The majority of time is spent delivering and overseeing the projects – from design to implementation - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education.
DIFFERENTIATING FACTORS
Autonomy: Established and productive individual contributor.
Works independently with general supervision on larger, moderately complex projects / assignments.
Organizational Impact: Sets objectives for own job area to meet the objectives of projects and assignments.
Contributes to the completion of project milestones.
May have some involvement in cross functional assignments.
Innovation and Complexity: Problems and issues faced are general, and may require understanding of broader set of issues or other job areas but typically are not complex.
Makes adjustments or recommends enhancements in systems and processes to solve problems or improve effectiveness of job area.
Communication and Influence: Communicates primarily and frequently with internal contacts.
External interactions are less complex or problem solving in nature.
Contacts others to share information, status, needs and issues in order to inform, gain input, and support decision-making.
Leadership and Talent Management: May provide guidance and assistance to entry level professionals and / or employee in Support Career Stream.
REQUIRED QUALIFICATIONS
Required Knowledge and Experience:
High School Diploma or equivalent with 6+ years of relevant experience in Pricing or Contracts or equivalent experience or
Associate's Degree with 4+ years of relevant experience in Pricing or Contracts or equivalent experience or
Bachelor’s Degree with 2+ years of relevant experience in Pricing or Contracts or equivalent experience
SKILLS/COMPETENCIES
• Microsoft Office (Advanced Excel, Word, PowerPoint)
• Strong attention to details
• Good communication skills (oral and written)
• Ability to prioritize multiple competing tasks and meet deadlines
• Adapts to system and organizational changes
PLEASE NOTE:
We use artificial intelligence (AI) to review resumes of candidates and assess their fit based on the criteria outlined in the job posting. We do not use AI to make any final hiring or interview decisions.
This posting reflects a current, genuine vacancy that we are actively recruiting to fill.
PHYSICAL JOB REQUIREMENTS
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.
Medtronic Canada strives through our vision to build a culture of inclusiveness through our commitment to employment equity and diversity. Discrimination is prohibited on any grounds protected under Canadian Human Rights legislation. Employment applications are encouraged from all members of our community. Upon request, candidates with disabilities will be accommodated during the recruitment process.
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.
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
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
