Director, Business Economics & Strategy

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Park City, IL, USA
In-Office
147K-295K Annually
Healthtech
The Role
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.

     

JOB DESCRIPTION:

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

  • A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists
     

The Opportunity

You will be an integral member of Abbott’s global Corporate Economics team, supporting a variety of Abbott divisions and functions while assisting on economic messaging for Executive leadership. We are looking for an experienced and creative thinker who can apply economic and financial principles that link the external environment with internal performance, while maintaining and creating tools that support business needs. A successful candidate will have experience using applied economics in a corporate setting.

What You'll Work On
 

The Director will be responsible for a variety of projects that support company planning, economic forecasting, pricing, and risk management while operating within the framework of established policies, procedures, and guidelines. Specific tasks may include:

  • Providing timely analysis of underlying economic and industry trends and creating output for management and other internal parities

  • Maintaining the global economic outlook and key insights for business leaders

  • Researching current economic and policy events that impact Abbott’s business

  • Tracking and reporting leading indicators for the executive team and business divisions

  • Performing statistical and econometric analysis including macroeconomic and industry forecasting

  • Contributing to strategic reports through qualitative research and quantitative analysis

Qualifications

A successful candidate possesses a graduate degree in Economics and can demonstrate an understanding of both economic theory and application. Prior work experience that combines qualitative and quantitative analysis is strongly preferred. Candidates need to be eligible to work in the U.S. without Abbott sponsorship.

In addition, a successful candidate should possess the following skills and characteristics

  • Proven experience analyzing the global economy and financial markets, a strong interest in healthcare is preferred

  • Experience working with economic and financial market data from multiple sources and a willingness to perform the underlying analysis needed to generate higher level insights and conclusions

  • Strong written and presentation skills with a demonstrated ability to communicate economic themes effectively and concisely to a business audience

  • The ability to critically review and analyze external information and summarize key messages into clear and concise viewpoints

  • Experience with data analytics and econometrics in a platform such as EViews, Stata, or R; strong knowledge of Excel and PowerPoint

  • A self-starter with curiosity and the desire to develop their skill set

  • An ability to work in a team environment, sharing tasks and responsibilities

  • An ability to work with and influence people in varying positions and functions

​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/Abbott and on Twitter @AbbottNews and @AbbottGlobal

     

The base pay for this position is

$147,300.00 – $294,700.00

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:General / Shared Services

     

DIVISION:FIN Corporate Finance

        

LOCATION:United States > Abbott Park : AP06D

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:Standard

     

TRAVEL:Not specified

     

MEDICAL SURVEILLANCE:Not Applicable

     

SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

     

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

     

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

     

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

Abbott Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Abbott and has not been reviewed or approved by Abbott.

  • Healthcare Strength Health coverage is frequently characterized as comprehensive and a standout element of the package, with medical, dental, vision, mental health support, wellness resources, and care coordination highlighted. Feedback suggests these offerings materially enhance total compensation beyond base pay.
  • Retirement Support Retirement programs feature strong 401(k)-style contributions and the Freedom 2 Save option that builds savings while employees pay down student loans. Feedback suggests these components are a core value driver of the overall package.
  • Leave & Time Off Breadth Time off provisions are portrayed as generous, encompassing vacation, holidays, and paid parental leave. Feedback suggests this breadth meaningfully boosts perceived total rewards.

Abbott Insights

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The Company
Abbot Park, IL
97,838 Employees

What We Do

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 109,000 colleagues serve people in more than 160 countries.

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