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 122,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
Pricing and Contract Analyst
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and your 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.
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
- An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
This position works out of our Austin, TX location in the Neuromodulation Division. Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.
Our Pricing & Contract Analyst will be working in support of the Medical Devices US Sales Division and will help Abbott meet its revenue objectives through day-to-day administration and implementation of Pricing and Contract Strategy. This position will also play a key role on various cross-functional team projects that will require the ability to work with individuals at all levels of the organization.
What You’ll Work On
- Conduct pricing analysis and financial impact assessments to support pricing strategy, profitability, and revenue objectives.
- Develop, manage, and execute customer contracts and pricing agreements in partnership with Sales and cross-functional stakeholders.
- Evaluate sales opportunities and provide analytical recommendations to field sales teams and sales leadership.
- Review, negotiate, and coordinate contract terms with internal partners including Legal, Finance, Compliance, Privacy, and Risk Management.
- Analyze contract performance, sales trends, market share, and pricing effectiveness to identify opportunities and support business decisions.
- Lead pricing and contract approval processes while ensuring compliance with company policies, procedures, and audit requirements.
- Support customer requests, RFP responses, and complex contracting scenarios through consultative problem solving and strong business partnership.
- Deliver reporting, insights, and presentations to management and key stakeholders to support strategic initiatives.
- Drive process improvement efforts to enhance contracting, pricing, and operational efficiency.
- Provide training and guidance to sales teams on pricing tools, contract processes, and approved business practices.
Required Qualifications
- Bachelor’s Degree or equivalent work experience
- 3+ years’ experience in business, financial, or strategic pricing analysis
- Proficient with mathematical modeling and demonstrated ability to quickly identify relevant details while working with large date sets.
- Familiar with reading, writing, revising, and interpreting legal language.
- Proficient managing multiple projects simultaneously: organization, attention to detail, ability to work under general supervision, superior communication and presentation skills, deal with unresolved issues, and effectively communicating and maintaining rapport with Sales Representatives and Managers, National and Strategic Account Management, and all levels of personnel cross functionally.
- Proficiency in data analysis tools and software.
- Ability to work collaboratively with cross-functional teams.
Preferred Qualifications
- Working knowledge of SAP, Power BI and Salesforce.
- Excellent verbal and written communication skills
- Knowledge of market trends and competitive pricing strategies
- Familiarity with contract law
Apply Now
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.
The base pay for this position is
$78,000.00 – $156,000.00
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Sales Support & Administration
DIVISION:
NM Neuromodulation
LOCATION:
United States > Austin : 8701 Bee Caves Rd
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
No
MEDICAL SURVEILLANCE:
No
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf
EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf