Senior Pricing Strategy Analyst - Minneapolis, MN
About The Position
As a Senior Pricing Strategy Analyst at Medtronic, you will play a critical role in developing and executing pricing strategies that support our innovative medical products and put patients first. In this role, you’ll collaborate closely with cross-functional teams to analyze market trends, review competitive pricing, and recommend strategies that ensure compliance and maximize value across all customer and market segments. You will lead key pricing initiatives alongside your business partners while leveraging expertise to directly influence contract negotiations, product launches, and operational efficiency. This position is primarily onsite, fostering a dynamic environment of professional growth, teamwork, and continuous improvement. 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.
Requirements
- High School Diploma or equivalent, with 8+ years of relevant experience in Pricing or Contracts, or equivalent experience OR Associate’s Degree with 6+ years of relevant experience OR Baccalaureate Degree with 4+ years of relevant experience
Nice To Haves
- Experience developing pricing strategies in medical device, healthcare, or other regulated industries
- Knowledge of market research, competitive analysis, and pricing impact assessment methods
- Ability to develop pricing recommendations aligned with policy, compliance, and market dynamics
- Experience supporting contract pricing, commercial agreements, or pricing governance processes
- Skills in interpreting pricing metrics, business performance data, and analytical outputs
- Experience partnering with cross-functional stakeholders across pricing, contracts, sales, and marketing
- Ability to influence pricing decisions and support negotiation strategy through data-driven insights
- Experience managing large pricing projects or serving as a pricing subject matter expert
- Skills in coaching, training, or providing guidance to colleagues within pricing or contracts functions
- Advanced degree in business, finance, economics, or a related field preferred
Responsibilities
- Advise on pricing strategies for current and future products across all relevant customer and market segments.
- Develop and communicate the impacts of proposed and/or implemented pricing strategies and governance.
- Create price recommendations to ensure compliance with established policies.
- Review competitive activity to determine pricing for new products.
- Provide input on final pricing contracts and agreements.
- Foster strong business partnerships with cross functional internal stakeholders, including facilitation of various pricing analyses and metrics.
- Manage large projects or processes, functioning as a pricing subject matter expert between the enterprise and the operating unit.
- Provide guidance and training to colleagues within the job area.
Benefits
- 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
- 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)
- Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Associate degree
