Pricing & Contracts Manager - Abbott Laboratories : Job Details

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 114,000colleagues serve people in more than 160 countries.

Job Title

Pricing & Contracts Manager

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You'll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor's degree.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

We are seeking a Pricing & Contracts Manager to work at our St. Paul, MN location for our Vascular division.

The Pricing & Contracts Manager will provide pricing review and analysis for the US sales organization. The Pricing & Contracts Manager acts as a liaison between Account Executives, Regional Sales Directors, Director National Accounts, Director of Marketing, Product Directors, Finance, Senior Management and distributor partners in assessing and approving pricing requests for the company. Additionally, the Pricing & Contracts will work closely with the Director of Marketing to assess pricing trends, make recommendations based on competitive threats, analyze the impact of proposed pricing changes, support pricing activities and proactively identify ways to enhance the pricing process for the company. The Pricing & Contracts will be responsible for developing special pricing and responding to RFP's, enhancing and refining current pricing models/structures, and managing the profitability of existing and proposed business.

Abbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease.

What You'll Work On

• Develop and implement pricing strategies and programs appropriate for new and current products and their respective markets in response to market, competitive or internal conditions;
• Recommend pricing policies and strategies governing direct and distributor sales in order to maintain or improve competitive position and/or profitability;
• Ensure that review of current pricing for products takes place on a regular and consistent basis;
• Interfaces with Director of Marketing, Product Managers, Regional Sales Directors and Finance and coordinates the efforts of marketing and sales personnel toward the accomplishment of pricing objectives;
• Acts as a resource to the Sales and Marketing organizations in regard to current pricing policies and programs;
• Responsibility for the development and recruitment of a superior team, creating a high-performing team-based culture, this role will define, implement, track and ultimately influence key performance indicators and deliver superior, consistent and predictable results;
• Understands and is aware of the quality consequences which may occur from the improper performance of their specific job; has awareness of device defects that may occur in their area of responsibility, including product design, verification and validation, manufacturing and testing activities;
• Responsible for exhibiting professional behavior with both internal/external business associates that reflects positively on the company and is consistent with the company's policies and practices; build productive internal/external working relationships;
• Carries out duties in compliance with established business policies;
• Other duties as assigned, according to the changing needs of the business.

Required Qualifications

• Bachelor's degree
• 7+ years of relevant experience

Preferred Qualifications

• Pricing experience in Med Device industry
• Familiar with Power BI
• Advanced Excel, strongly preferred
• Understands data structures
• Familiar with SalesForce and CLM

Apply Now

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. 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.

The base pay for this position is $95,000.00 – $190,000.00. In specific locations, the pay range may vary from the range posted.