Senior Manager of Strategic Pricing

Abbott • CA

90d • $128,000 - $256,000

About The Position

This position is an onsite opportunity in the Abbott Diabetes Care Division. We are helping people with Diabetes lead healthier, happier lives. As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers. Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we’re committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels. As a Senior Manager, Strategic Pricing, you will be responsible for developing and implementing pricing strategies across all ADC brands and customer channels, including Managed Care, Medicaid, Medicare, Retail, and Point of Care (POC). The position supports the Pricing Committee Approval Process and works cross-functionally with Account Management, Finance, and Forecasting teams to create comprehensive pricing proposals.

Requirements

• B.A./B.S. required
• 7 years relevant experience in Financial and Price Models
• Strong financial acumen, including budgeting, forecasting, and pricing
• Knowledge of US healthcare economics and price modeling
• Excellent verbal and written communication skills
• Strong customer orientation and focus

Nice To Haves

• MBA, or other advanced degree relevant to the position is preferred (Economics, Accounting, Finance or Healthcare management)
• Backgrounds in reimbursement, payer strategy, PBM Economics, and healthcare economics/pricing are desired
• Possess strong analytical skills, financial acumen, and capable of executing financial models in Microsoft Excel
• Experience with Tableau or other visual analytics/BI software packages a plus
• Knowledge of Retail Pharmacy, DME, hospital and postacute care channels

Responsibilities

• Develop list and net pricing recommendations in Pharmacy, DME, Hospital, POC and other channels
• Prepare and present business cases to Pricing Committee for review and approval
• Conduct financial models and gross to net analytics in pharmacy supply chains
• Assess and model scenarios for impacts/risks/opportunities of proposed government legislation, payer and environmental changes
• Work cross functionally with Forecasting, Finance, and Commercial Teams to project and monitor payer mix and net prices
• Develop financial modeling, including pricing model upkeep and improvement
• 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
• Collaborate with Contracting Teams to provide input into contract development, administration, and performance
• Support internal analysis and insights requests from Senior Leadership and Investor Relations

Benefits

• Free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year
• Excellent retirement savings plan with a high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit
• Career development with an international company
• Recognized as a great place to work in dozens of countries worldwide
• Named one of the most admired companies in the world by Fortune

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees