HeartMetrics Sr Program Manager

Medtronic • Mounds View, MN

3d • Onsite

About The Position

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 Life HeartMetrics Sr. Program Manager will drive the creation of new market opportunities by analyzing the intersection of the pharmaceutical and cardiac monitoring sectors. This individual will lead market modeling, competitive sizing, pricing strategies, forecasting, and negotiations to capitalize on emerging trends and technologies. The ideal candidate will possess a deep understanding of both industries and demonstrate an ability to navigate uncharted territories, identifying key opportunities where none exist. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. A Day in the Life: Market Modeling: Identify and size new market opportunities in the pharma and medical device spaces, focusing on innovative technologies, unmet needs, and emerging trends. Business Strategy: Develop comprehensive market entry strategies, including competitive analysis, forecasting, and modeling potential market scenarios. Pricing Strategy: Lead the development of pricing models, negotiating pricing structures with stakeholders, and creating value propositions that resonate with both customers and partners. Competition Analysis: Conduct detailed competitor assessments to inform business strategies and differentiate the company's offerings. Financial Modeling and Forecasting: Develop and maintain financial models to support strategic decisions, ensuring optimal allocation of resources and ROI. Build dynamic forecasting models to predict market growth, demand, and shifts in technology, regulation, and customer behavior. Cross-Functional Leadership: Collaborate with teams across R&T, clinical, finance and marketing to align business goals with market opportunities. Stakeholder Engagement: Engage with key opinion leaders (KOLs), company VIPs, and external stakeholders to gather insights and refine market strategies.

Requirements

• Bachelor's degree in Business, Marketing, Life Sciences, or a related field (Master's or MBA preferred).
• 7+ years of experience in strategic planning, consulting, data analytics, market development, or a related role in the pharmaceutical, biotech, or medical device industries.
• Advanced Degree 5+ years in same fields identified above.
• Strong understanding of market modeling, pricing strategy, and competitive analysis within pharma and med-tech spaces.

Nice To Haves

• Proven ability to negotiate complex pricing structures and influence decision-makers.
• Exceptional analytical skills with the ability to translate complex data into actionable strategies.
• Strong interpersonal, communication and presentation skills, with a history of cross-functional collaboration.
• Experience with AI or digital health technologies.
• Familiarity with regulatory pathways and clinical trials in pharma and medical devices.
• Knowledge of global market trends in healthcare and technology adoption.

Responsibilities

• Market Modeling: Identify and size new market opportunities in the pharma and medical device spaces, focusing on innovative technologies, unmet needs, and emerging trends.
• Business Strategy: Develop comprehensive market entry strategies, including competitive analysis, forecasting, and modeling potential market scenarios.
• Pricing Strategy: Lead the development of pricing models, negotiating pricing structures with stakeholders, and creating value propositions that resonate with both customers and partners.
• Competition Analysis: Conduct detailed competitor assessments to inform business strategies and differentiate the company's offerings.
• Financial Modeling and Forecasting: Develop and maintain financial models to support strategic decisions, ensuring optimal allocation of resources and ROI. Build dynamic forecasting models to predict market growth, demand, and shifts in technology, regulation, and customer behavior.
• Cross-Functional Leadership: Collaborate with teams across R&T, clinical, finance and marketing to align business goals with market opportunities.
• Stakeholder Engagement: Engage with key opinion leaders (KOLs), company VIPs, and external stakeholders to gather insights and refine market strategies.

Benefits

• Medtronic offers a competitive Salary and flexible Benefits Package
• We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
• 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).
• 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).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees