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Senior Analyst, Strategic Pricing and Contracts

Abbott

Austin, TXOnsitePosted 43 days ago$78,000.00 - $156,000.00
Full TimeSenior LevelCommercial & Pharma SalesMedical Device
Original posting ↗

Summary

Working in support of the Medical Devices US Sales Division, the Lead Analyst of Strategic Pricing and Contracts will interface with Sales, Sales Management, Enterprise Accounts Sales personnel, Sales Operations, Marketing, Finance, OEC and Legal to apply business management principles and financial concepts that maximize the company's performance against sales and profit goals and minimize risk. This role may support our Enterprise Accounts or Cardiovascular Business Units (Structural Heart, CRM, Electrophysiology, Vascular, or Heart Failure).

Job description

What You'll Work On

  • Support cross-functional planning discussions with multiple divisions to align proposal development, pricing strategy, and contract terms.
  • Support pricing governance throughout the deal lifecycle, including pricing analysis, financial impact assessment, Average Selling Price (ASP) optimization, and overall portfolio strategy, while ensuring adherence to internal guidelines.
  • Maintain strategic ownership of contracts for assigned accounts, including lifecycle management, renewal optimization, and Gross Margin Improvement (GMI) execution.
  • Apply knowledge of contract development best practices to draft, review, and negotiate contractual terms, including compliance provisions and rebate program structures.
  • Demonstrates an understanding of business terms and a working knowledge of legal concepts, with the ability to identify and mitigate risk effectively.
  • Provide strategic guidance on contract structuring, ensuring alignment with internal policies and offering practical solutions to meet business objectives.
  • Demonstrate an understanding of Contractual frameworks (Capital, consignment, GPO, etc.) including financial implications and their impact on contracting processes and product launches.
  • Leverage artificial intelligence tools (e.g., Copilot) to improve workflow efficiency and enhance day-to-day operations.
  • Operate with a strong sense of urgency, effectively managing multiple priorities and meeting customer-driven deadlines in a dynamic environment.
  • Assist in the execution of formal Requests for Proposals (RFPs) and Requests for Information (RFIs).
  • Assist with training sales team, typically on a day-to-day, deal-to-deal basis, on requirements, policies, and procedures.
  • Apply critical thinking and problem-solving skills to arrive at a viable solution when challenged with complex situations and customer requests.
  • Possess a sense of urgency and ability to work under customer driven deadlines. This includes the ability to multitask and manage competing priorities.
  • Contribute to team development by supporting training initiatives and participating in special projects.
  • Foster collaboration by working effectively in a team-oriented environment with diverse stakeholders and working styles.
  • Participates in special projects and is responsible for other duties as assigned.

Education and Experience You'll Bring

  • Bachelors Degree OR An equivalent combination of education and work experience
  • Minimum 5-7 years of combined experience in business, accounting, or finance.
  • Prior experience in Medical Devices preferred.
  • Experience with SalesForce, PowerBI, CPQ, CLM (or other Conga or Pros contract workflow systems) preferred.
  • Excellent written and oral communications skills with attention to detail.
  • Proficient in the use of MS Word, Excel, PowerPoint, SAP and CoPilot
  • Strong strategic and problem-solving skills required.
  • Demonstrated ability to work seamlessly with remote sites & business partners including building relationship with sales personnel to be highly effective.
  • Experience with Government Contracting preferred.
  • Strong quantitative & qualitative analysis, including experience working with large data sets.
  • Demonstrated ability to manage multiple projects simultaneously, remain organized and work under general supervision.

Requirements

  • Bachelors Degree OR An equivalent combination of education and work experience
  • Minimum 5-7 years of combined experience in business, accounting, or finance.
  • Prior experience in Medical Devices preferred.
  • Experience with SalesForce, PowerBI, CPQ, CLM (or other Conga or Pros contract workflow systems) preferred.
  • Excellent written and oral communications skills with attention to detail.
  • Proficient in the use of MS Word, Excel, PowerPoint, SAP and CoPilot
  • Strong strategic and problem-solving skills required.
  • Demonstrated ability to work seamlessly with remote sites & business partners including building relationship with sales personnel to be highly effective.
  • Experience with Government Contracting preferred.
  • Strong quantitative & qualitative analysis, including experience working with large data sets.
  • Demonstrated ability to manage multiple projects simultaneously, remain organized and work under general supervision.

Benefits

  • Medical coverage
  • Retirement savings plan
  • Tuition reimbursement
  • Student debt program
  • Education benefit

Company overview

Abbott Laboratories is a global healthcare leader with a 135-year legacy of innovation, dedicated to helping people live healthier, fuller lives through life-changing technologies and products. Headquartered in Abbott Park, Illinois, the company operates in more than 160 countries with a workforce of approximately 114,000 professionals. Abbott's diversified portfolio spans four core business segments: medical devices, diagnostics, nutrition products, and branded generic pharmaceuticals. The company is particularly renowned for its groundbreaking medical devices including cardiovascular technologies, diabetes management systems like the FreeStyle Libre continuous glucose monitor, neuromodulation devices for chronic pain, and the AVEIR DR dual chamber leadless pacemaker system. In diagnostics, Abbott has been instrumental in developing critical tests, including the first licensed HIV test in 1985 that helped secure blood supply safety. The company's nutrition division produces leading infant formulas like Similac, while its pharmaceutical business provides quality branded generic medicines. Abbott consistently ranks among Fortune's Most Admired Companies and maintains a strong commitment to sustainability and corporate responsibility, making it a trusted partner in advancing global healthcare.

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