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 114,000 colleagues serve people in more than 160 countries.
JOB DESCRIPTION:
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.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• 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.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.
The Abbott Medical Device Division is looking for a talented and motivated Manager of Strategic Pricing & Contracting to help shape and support the Company's growing Medical Device organization. The role reports to the Director, Strategic Pricing & Contracting, Enterprise Accounts and will help execute pricing and contracting strategies for Med Device products in the U.S. We are seeking a team leader who is an expert in translating complex structures into sound contracts that strengthen customer relationships. This position will collaborate with the BU’s Pricing Strategy, Marketing, Finance, Rebates, Legal and Compliance teams; and contribute to the management of the Contract Lifecycle Management System (CLM).
- Deal Development and Accuracy
- Advise field leadership on contract and RFP offers, ensuring deal structures are supported by internal stakeholders, processes, and systems.
- Coordinate Price Council requests and approvals on behalf of the Business Unit.
- Facilitate the implementation of business unit strategies, including target price increases.
- Oversee the calculations and financial impact of proposed pricing actions; and verify that all appropriate checks and approvals are completed.
- Lead and support contract negotiations with customers as necessary.
- Consult with Legal and/or other departments as needed to address customer requests or deviations from approved contract language and policies.
- Contract Performance
- Prepare and present contract performance to leadership on a monthly basis, contributing to planning and forecasting efforts.
- Recommend enhancements to the Contracting & Pricing Contracting Reference Guidebook.
- Identify opportunities to enhance the Contract Lifecycle Management System’s capabilities and processes.
- People Development
- Recruit, develop, coach, and guide a team of analysts to support the requirements and needs of the Business Unit and Enterprise Accounts.
- Recommend and execute team goals, objectives, and strategies across the Contracting & Pricing Organization.
REQUIREMENTS
- Bachelor’s Degree Required; Masters degree preferred in Finance, Business, Economics
- 7+ years of pricing and contracting experience (5+ in a people management role) in pharma, biotech, med tech, or related healthcare industry with Masters Degree;
- 10+ years of pricing and contracting experience with Bachelors degree;
- Legal document drafting experience in a dynamic environment
- Experience in CLM, M/S Office and reporting/analytics tools (Tableau, PowerBI, PowerApps, Business Objects)
- Ability to prioritize competing interests and projects
- Hands-on role in the analysis and validation of deals
- Knowledge and understanding of the laws and regulations that affect the reimbursement and coverage of med tech devices in the U.S.
- Travel up to 10% of the time
JOB FAMILY:
Sales Support & Administration
DIVISION:
MD Medical Devices
LOCATION:
United States > Austin, TX: 8701 Bee Caves Rd
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes, 10 % of the Time
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day), Continuous walking for prolonged periods (more than 2 hours at a time in an 8 hour day)
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
The base pay for this position is
$111,300.00 – $222,700.00
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:Pricing
DIVISION:MD Medical Devices
LOCATION:United States > Austin : 8701 Bee Caves Rd
ADDITIONAL LOCATIONS:
WORK SHIFT:Standard
TRAVEL:Yes, 10 % of the Time
MEDICAL SURVEILLANCE:Not Applicable
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
What We Do
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 109,000 colleagues serve people in more than 160 countries.
