Pricing Strategy Consultant

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Mumbai, Maharashtra
In-Office
Healthtech
The Role

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

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

  • Develops and communicates the strategic, financial, and administrative implications of proposed and/or implemented pricing policy.
  • Develops price recommendations to ensure compliance with policy.
  • Recommends positions for pricing and reimbursement strategies for current and future products across all relevant customer and market segments.
  • May review competition to determine price of new product.
  • Provides input on final pricing contracts.
  • May plan and develop market research and analysis.

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: Recognized master in professional discipline.
Works independently to implement strategic goals and establish operational plans for job area.
Assignments are often self-initiated Determines and pursues courses of action necessary to obtain desired results.

Organizational Impact: Strongly influences the design of new products, processes, standards, or operational plans based on business strategy with a significant impact on functional results.
Implements strategic goals established by functional leadership.
Changes or may establish operational plans for job area with long-range impact on results.

Innovation and Complexity: Faces problems that span a wide range of difficulty and unique issues across functions and / or businesses which may cause redirection.
Develops solutions to unique issues Improves upon existing processes and systems using significant conceptualizing, reasoning and interpretation.

Communication and Influence: Interacts with internal and external customers and vendors at various levels, including executive leadership, on significant matters.
Conducts briefings with senior leaders within the job function.
Negotiates with others to reach understanding or agreement.

Leadership and Talent Management: Frequently provides guidance, coaching and training to other employees.
Typically manages large, moderately complex initiatives of strategic importance to the organization, involving large cross-functional teams.

Required Knowledge and Experience: Full time graduate with 10+ years of relevant experience in Pricing or Contracts or equivalent experience.

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  
 

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The Company
HQ: Minneapolis, MN
80,303 Employees

What We Do

Medtronic is a global healthcare solutions company operating in approximately 160 countries. We are committed to improving lives through our medical technologies, services, and solutions.

Since our beginning, 60 years ago, our Mission has remained the same: to alleviate pain, restore health, and extend life for people around the world. The Mission is our ethical framework and inspirational goal guiding our day-to-day work. It reminds us that our efforts are transforming millions of lives each year.

To meet the needs of patients and healthcare professionals around the globe, we operate from more than 370 locations in approximately 160 countries.

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