Sr. Pricing and Contracting Analyst

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.Sr. Pricing and Contracting AnalystAbout AbbottAbbott 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.If you are interested in joining Abbott''s high caliber Clinical Specialist Associate, EP program, we want to network with you!Leading an active lifestyle is important to the many people we serve. In Abbott''s Electrophysiology division, we''re advancing the treatment of heart and vascular disease through breakthrough medical technologies in electrophysiology and heart failure, allowing people to restore their health and get on with their lives.Our location in Austin, TX currently has an opportunity for a Sr. Pricing and Contracting Analyst. The role is pivotal in developing and implementing pricing strategy and tactical plans aligned to inline and future launch products. This role plays a pivotal role to support decision-making regarding the overall health of the business. This role collaborates with Area Vice Presidents, Sales, Marketing, Finance, and Enterprise Accounts in the collection and analysis of market/ Abbott and customer product prices and trends in order to make the sound business decisions that optimize Abbott Product pricing and margin. This role will work in a matrix approach within the organization and requires excellent excel/analytic skills and communication and presentation skills. This position reports to the Director of Electrophysiology Pricing & Contracting Strategy.Each employee can make a difference at Abbott and has the power, either individually or as a team, to influence the success of the company. We are team-oriented, fast-paced and progressive. We value people with great ideas who partner with others both internally and externally to take action and accomplish goals.WHAT YOU''LL DOLead discussions to consult with sales leaders to generate insights on customer price sensitivities, market price intelligence, and profitability impacts, with the objective of Profit optimization.Perform advanced customer level analysis to evaluate critical areas for improvement, including price setting, price promotion response, revenue optimization, and strategic alignment various customer segments.Partner with Pricing Manager to analyze existing price strategies and improve pricing models of potential changes to quantify sales and profitability impact to customer segments, brands and marketsPerform data mining, cleansing, and manipulation; identify necessary data elements and their sources, use appropriate tools to acquire and consolidate large volumes of data from different sources, and identify and resolve any irrelevant, corrupt, missing, or incongruent dataDerive insights that leads into actionable pricing recommendations.Assist with the development, creation and monitoring of price performance scorecards and forecastsResponsible for report development such as quarterly performance of critical metrics, profit optimization, and ad-hoc analyses while also supporting risk assessment and recommendationsEDUCATION AND EXPERIENCE YOU''LL BRINGEducation - Bachelor''s Degree required; MBA or other advanced degree preferred. Background in Finance, Contracting, Math or other quantitative discipline is helpfulKnowledge and CompetenciesA minimum of 4-6 years of hands-on experience in problem solving using quantitative research, pricing analysis, and data. Medical device industry, preferably in ElectrophysiologyProven ability to translate large amounts of data into actionable insights and coherent strategies.Excellent verbal and written communication skills and the ability to interact professionally with multiple business partners.Ability to find out-of-the-box/non-traditional ways of problem solving and apply innovative thinking when approaching and defining solutions. Enjoys the challenge posed by 'problems'' and enjoys solving them.Desire to work in a fast paced, growing, deadline driven, startup-up environment. Ability to inform rapid, but fact-based decision-making with imperfect data. Self-motivated, driven to achieve teams commitments.Ability to deal with ambiguity/insufficiency: Embraces change and encourages others throughout this process. At ease creating contingency plans and rallies others to do likewise.Curious/Inquisitive: Investigates the current situation, asks the relevant questions needed to get the whole picture then provides specific actionable recommendationsEncourages team collaboration, works well with peers across multiple functionalities within the company, promotes enthusiasm, uses influence when necessary and motivates relationship building.Proficiency in excel, Business Intelligence tool Tableau/Power BI and Power PointGets it done - Believes that actions speak louder than words, thrives on achievement.Extreme attention to detail and commitment to quality.At Abbott, you can have a good job that can grow into a great career. We offer:Training and career development, with onboarding programs for new employees and tuition assistanceFinancial security through competitive compensation, incentives and retirement plansHealth care and well-being programs including medical, dental, vision, wellness and occupational health programsPaid time off401(k) retirement savings with a generous company matchThe stability of a company with a record of strong financial performance and history of being actively involved in local communitiesLearn more about our benefits that add real value to your life to help you live fully: your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.Connect with us at on Facebook at and on Twitter @AbbottNews and @AbbottGlobal.

Created: 2021-11-29