Principal Pricing Strategist. at Medtronic

Company:

Medtronic

Medtronic

Industry: Healthcare / Medical

Deadline: Not specified

Job Type: Full Time, Hybrid

Qualification: Bachelors, Matric

Experience: 4 – 8 years

Province: Gauteng

City: Johannesburg

Field: Finance / Accounting / Audit

A Day in the Life

  • At Medtronic, you will have the chance to shape the future of healthcare through innovative pricing strategies. We are seeking a Pricing Specialist to develop and implement pricing and reimbursement approaches for current and future products. This role blends strategy, financial analysis, and collaboration, offering an exciting opportunity to make a meaningful impact. By joining Medtronic, you will contribute to our mission of transforming lives with advanced medical technologies.
  • This hybrid role combines remote flexibility with office-based collaboration.
  • Occasional travel may be required to engage with teams, partners, or customers. You will work closely with finance, market access, and sales, reporting to the regional pricing team.

Responsibilities may include the following and other duties may be assigned

  • Develop and communicate the strategic, financial, and administrative implications of pricing policies
  • Create and recommend pricing proposals to ensure compliance with internal policy and external regulations
  • Recommend and implement pricing and reimbursement strategies for current and future products across multiple customer and market segments
  • Review competitor activity and market dynamics to support new product pricing decisions
  • Provide input into final pricing contracts and negotiations
  • Plan and execute market research and analysis to inform pricing strategies
  • Mentor or guide junior team members while managing assigned projects from design to implementation

​​​​​​​Required Knowledge and Experience

  • Bachelor’s degree with a minimum of 4 years’ experience in pricing, contracts, or a related field (or Associate’s degree with 6+ years, or High School Diploma with 8+ years)
  • Strong knowledge of pricing policies, reimbursement processes, and financial analysis
  • Experience in conducting market research and competitive analysis
  • Proven ability to manage projects independently and deliver results with limited oversight
  • Skilled communicator, able to collaborate across functions and influence stakeholders
  • Ability to develop solutions to moderately complex problems and improve processes or systems
  • Experience in the healthcare, pharmaceutical, or medical devices industry will be an advantage. Familiarity with pricing strategies in highly regulated environments, as well as prior exposure to cross-border projects, will also be valued.

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