Senior Analyst, Pricing & Contracting
Abbott
This listing was originally posted on Abbott's careers page. Formulate is an equal opportunity job aggregator and is not involved in the hiring process. Where salary information is estimated, it is derived from BLS industry benchmarks and may differ from actual compensation.
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Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and 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 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 around the world and named one of the most admired companies in the world by Fortune.
The Opportunity
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, nutritional's and branded generic medicines.
Our 114,000 colleagues serve people in more than 160 countries. For years, Abbott's medical device businesses have offered technologies that are faster, more effective, and less invasive. Whether it's glucose monitoring systems, innovative therapies for treating heart disease, or products that help people with chronic pain or movement disorders, our medical device technologies are designed to help people live their lives better and healthier. Every day, our technologies help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks.
Our team in Austin, TX or Alpharetta, GA is looking for a Senior Analyst, Pricing & Contracting.
This is a fully onsite role and will be based in either Austin, TX or Alpharetta, GA.
The Senior Analyst, Pricing & Contract will support the CRM Cardiac Rhythm Management Business Unit. This role will interface with Sales, Sales Management, Sales Operations, Commercial Excellence, Pricing, Marketing, Customer Service, 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.
The ideal candidate will support Strategic Accounts sales team responsible for working with economic customers such as Group Purchasing Organizations (GPOs) and Integrated Delivery Networks (IDNs). Analyst has an in depth understanding of complex business issues involving GPOs and IDNs. Analyst ensures the timely review, detailed financial analysis, and administration of sales request for pricing adjustments related to GPOs and IDNs. Develop, in conjunction with the Strategic Accounts sales team, the business rationale to support the request for adjusted pricing.
What You’ll Work On
Partner with sales team to assist in the management of contracts and pricing as it relates to customers and contractual requirements.
Own contract creation from development to execution utilizing internal Abbott and external customer templates as well as creation of custom language.
Work within guidelines for contract approvals, pricing approvals, and contract creation. Seeking approvals when outside of established guidelines.
Understand contractual obligations and subsequent impacts on various contracting processes and products.
Review and redline business contract terms, coordinating with internal stakeholders on customer redline contract edits. When applicable, vet extended terms through other departments including IP legal, privacy, OEC, legal, technical services, cybersecurity, finance, risk management and customer service. Must be able to appropriately determine the correct department for review, clearly and concisely explain customer requests and associated risks, then incorporate responses into contractual terms.
Negotiate contractual terms with internal and external customers.
Possess a sense of urgency and ability to work under customer driven deadlines. This includes the ability to multitask and manage competing priorities.
Works within audit guidelines for contract approval and contract creation.
Execution of formal requests for proposals (RFP)s/(RFI)s.
Must be customer-service oriented with aligned skill sets to support sales team and their price/contract requirements.
Support the team Group Lead and Contract Manager with the development and implementation of price approval requests, basic pricing analyses, and contract creation / maintenance.
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.
Must be able to work in a team environment and with diverse workstyles.
Participates in special projects and other duties as assigned.
Communicates in a professional manner with internal stakeholders and customers.
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.
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/Abbottand on Twitter @AbbottNews and @AbbottGlobal
The base pay for this position is
$78,000.00 – $156,000.00In specific locations, the pay range may vary from the range posted.
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
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