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.

Pricing and Contracting Analyst

About Abbott

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.If you are interested in joining Abbott'shigh 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 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 Contracting, 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 DO
  • Lead discussions to consult with sales leaders to generate insights on customer contracting strategies and profitability impacts, with the objective of Profit optimization.
  • Perform advanced customer segmentations analysis and assist in the development of a performance based pricing matrix
  • Analyze existing contracting and rebate strategies and improve pricing models of potential changes to quantify sales and profitability impact to customer segments, brands and markets
  • Perform 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 data
  • Derive insights that leads into actionable pricing recommendations
  • Assist with the instrumentation, creation and monitoring of customer contract performance based on business case for price exceptions


EDUCATION AND EXPERIENCE YOU'LL BRING

Education - Bachelor's Degree required; MBA or other advanced degree preferred. Background in Finance, Contracting, Math or other quantitative discipline is helpful

Knowledge and Competencies

  • A minimum of 3-4 years of hands-on experience in problem solving using quantitative research, pricing & contract analysis and data. Medical device industry, preferably in Electrophysiology


  • Proven 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 recommendations
  • Encourages 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 Point
  • Gets 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 assistance
  • Financial security through competitive compensation, incentives and retirement plans
  • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
  • Paid time off
  • 401(k) retirement savings with a generous company match
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities


Learn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com

Follow 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 www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

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