Pricing Strategy Analyst

Medtronic, a global leader in healthcare technology, is dedicated to alleviating pain, restoring health, and extending life. With over 95,000 employees across more than 150 countries, Medtronic develops innovative medical technologies that improve the lives of over 72 million patients annually. This opportunity is ideal for a pricing professional passionate about driving business performance through pricing operations, governance, analytics, and process excellence. The role involves supporting critical pricing initiatives, contributing to margin optimization, ensuring pricing compliance, and collaborating with cross-functional teams including Commercial, Finance, Customer Care, Operations, and Deal Desk. It offers exposure to regional stakeholders and the chance to work with pricing systems such as Vendavo, SAP, and ServiceNow, while engaging in automation and AI-enabled analytical projects.

Key Responsibilities

- Develop and maintain dashboards, automated reports, analytical tools, and data visualizations to provide insights into pricing performance, margin realization, business trends, and operational efficiency.
- Support automation, AI-enabled analytics, and continuous improvement initiatives by identifying opportunities to streamline processes and enhance decision-making through data-driven solutions.
- Create, review, maintain, and monitor customer pricing agreements, contracts, quotations, and pricing deals within systems such as Vendavo and SAP.
- Perform pricing, margin, and profitability analyses to identify opportunities, support commercial decisions, and align with pricing strategies and business objectives.
- Collaborate with Commercial, Finance, Customer Care, Operations, and other cross-functional teams to ensure accurate and timely pricing execution.
- Maintain pricing master data, support system accuracy, and ensure the integrity of pricing information across multiple platforms and business processes.
- Support ServiceNow activities including processing pricing-related requests, managing access and role assignments, coordinating system enhancements, tracking incidents, and resolving user support tickets.
- Utilize Excel, data visualization tools, automation technologies, and AI-driven solutions to improve reporting efficiency, strengthen pricing governance, streamline processes, and support data-driven decision-making.

Required Qualifications

- Bachelor’s degree in Business Administration, Finance, Economics, Data Analytics, Engineering, or a related field.
- 4 to 5 years of proven experience in pricing, commercial operations, business analytics, finance, or a related business function.
- Strong analytical skills with the ability to interpret complex data, identify trends, and translate insights into actionable business recommendations.
- Experience working with enterprise systems such as SAP, pricing platforms like Vendavo, and business intelligence tools for data analysis and reporting.
- Proficiency in Microsoft Excel, dashboard development, data visualization, and automation tools to support reporting and operational efficiency.
- Experience utilizing advanced analytics, automation solutions, and Artificial Intelligence (AI) technologies to improve business processes, decision-making, and performance outcomes.

Preferred Qualifications and Benefits

Medtronic offers a competitive salary and a flexible benefits package designed to support employees at every career and life stage. The company values employee contributions and shares in the success they help create. This position is eligible for the Medtronic Incentive Plan (MIP), a short-term incentive program. Employees benefit from a collaborative work environment with opportunities to engage in innovative projects involving automation, AI, and advanced analytics, contributing to both personal growth and impactful business results.

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Recruitment Fraud Alert: Applicants should only apply through official Medtronic channels. Legitimate communications come from approved Medtronic platforms and official email addresses ending with ********* Medtronic will never request payment or sensitive personal information during the early hiring process. Any suspicious messages should not be responded to, and concerns about authenticity should be reported through official company channels.