Sr. Pricing Strategy Manager

We anticipate the application window for this opening will close on - 29 Sep 2025

 

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 LifeAs a Senior Manager, US Strategic Pricing, you will be responsible for developing and implementing pricing and contracting strategies across all Medtronic diabetes brands and customer channels, including Commercial, Medicaid, Medicare, Distribution, etc. The position supports the Pricing Committee Approval Process and works cross-functionally with Payer Account Management, Finance, and Market Access teams to create comprehensive pricing proposals. Overtime the functional responsibilities will evolve to include contracting analytics, with the addition of several analysts.
This role reports to the VP, Americas Market Access. This is a remote position.

Primary Responsibilities:

Strategic Pricing

• Plan and develop pricing market research and analysis   
• Represent the US and provide feedback on global strategy, localize and identify deviations needed
• Identify annual price increase opportunities and forecast net price, as part of price forecasting and strategic plan process, in Pharmacy, DME, and other channels 
• Develop financial modeling, including pricing model upkeep and improvement
• Assess and model scenarios for impacts/risks/opportunities of proposed government legislation, payer and environmental changes
• Facilitate US Pricing Council and price escalations as part of price governance process; act on issues where pricing strategy not followed; support preparation and presentation of business cases to Pricing Council
• Work cross functionally with Finance, and Commercial Teams to project and monitoring payer mix and net prices; monitor monthly price increase actuals vs. target, drive remediation if needed

Pricing Management

• Review and update US list prices annually 
• Develop and maintain channel specific target and floor prices
• Maintain pricing intelligence including environmental trends and knowledge of pricing and market access requirements across customer segments
• Identify and anticipate key trends and assess opportunities and risks for pricing strategy development

Contracting & Analysis

• Collaborate with Payer Account Management Teams to provide input into contract development, administration, and performance
• Develop and conduct financial models and gross to net analytics in pharmacy supply chains, working collaboratively with Finance partners
• Future: Manage data analysts to support contract performance analysis

Other Activities

• Motivate and influence cross-functional team members in achievement of goals
• Provide regular feedback to management regarding project status as well as other critical issues
• Support internal analysis and insights requests from Senior Leadership and Investor Relations
• Implement global pricing function best practices and programs within US
• Manage other high-impact projects and duties as assigned, including set-up of new pricing systems and processes 

Must Have: Minimum Requirements  

• Bachelor’s degree with 7+ years of work experience and 5+ years of managerial experience
• Or, advanced degree with 5 years of experience and 5+ years of managerial 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. 

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. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

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.
 

Salary ranges for U.S (excl. PR) locations (USD):$141,600.00 - $212,400.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).

 

The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

 

Regular employees are those who are not temporary, such as interns.  Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

 

Further details are available at the link below:

Medtronic benefits and compensation plans

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.

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.