Senior Manager of Strategic Pricing

Abbott

  • Alameda, CA
  • Permanent
  • Full-time
  • 3 days ago
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.About AbbottAbbott 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 AbbottAt 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 contributionTuition reimbursement, the student debt program, and 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 OpportunityThis position is an onsite opportunity in the Abbott Diabetes Care Division. We are helping people with Diabetes lead healthier, happier lives. As a global leader in diabetes care, Abbott is constantly working to deliver the highest quality products and unwavering support to our customers. Consistent and accurate glucose monitoring is the foundation of any diabetes management plan, so we’re committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.As a Senior Manager, Strategic Pricing, you will be responsible for developing and implementing pricing strategies across all ADC brands and customer channels, including Managed Care, Medicaid, Medicare, Retail, and Point of Care (POC). The position supports the Pricing Committee Approval Process and works cross-functionally with Account Management, Finance, and Forecasting teams to create comprehensive pricing proposals. We seek an experienced pricing professional with strong attention to detail and excellent communication skills to effectively engage with Senior Leadership. This is an onsite opportunity in Alameda, CA.What You'll Do
  • Develop list and net pricing recommendations in Pharmacy, DME, Hospital, POC and other channels
  • Prepare and present business cases to Pricing Committee for review and approval
  • Conduct financial models and gross to net analytics in pharmacy supply chains
  • Assess and model scenarios for impacts/risks/opportunities of proposed government legislation, payer and environmental changes
  • Work cross functionally with Forecasting, Finance, and Commercial Teams to project and monitoring payer mix and net prices
  • Develop financial modeling, including pricing model upkeep and improvement
  • Maintain pricing intelligence including environmental trends and knowledge of pricing and market access requirements across customer segments
  • Identify and anticipate key trends and assess opportunities and risks for pricing strategy development
  • Collaborate with Contracting Teams to provide input into contract development, administration, and performance
  • Support internal analysis and insights requests from Senior Leadership and Investor Relations
Experience You'll BringRequired
  • B.A./B.S. required
  • 7 years relevant experience in Financial and Price Models
  • Strong financial acumen, including budgeting, forecasting, and pricing
  • Knowledge of US healthcare economics and price modeling
  • Excellent verbal and written communication skills
  • Strong customer orientation and focus
Preferred
  • MBA, or other advanced degree relevant to the position is preferred (Economics, Accounting, Finance or Healthcare management)
  • Backgrounds in reimbursement, payer strategy, PBM Economics, and healthcare economics/pricing are desired
  • Possess strong analytical skills, financial acumen, and capable of executing financial models in Microsoft Excel.
  • Experience with Tableau or other visual analytics/BI software packages a plus
  • Knowledge of Retail Pharmacy, DME, hospital and postacute care channels
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: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 , on Facebook at and on Twitter @AbbottNews.Divisional InformationMedical DevicesGeneral Medical Devices:Our medical devices 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.CRMAs a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.DiabetesWe’re focused on helping people with diabetes manage their health with life-changing products that provide accurate data to drive better-informed decisions. We’re revolutionizing the way people monitor their glucose levels with our new sensing technology.VascularAbbott Vascular provides innovative, minimally invasive, and cost-effective products for treatment of vascular disease.NeuromodulationOur 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.Structural HeartStructural Heart Business Mission: why we existOur business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease.EPIn Abbott’s Electrophysiology (EP) business, we’re advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives.HFIn Abbott’s Heart Failure (HF) business, we’re developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.DiagnosticsWe’re empowering smarter medical and economic decision making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott’s diagnostics instruments, providing lab results for millions of people.Abbott Molecular is a leader in molecular diagnostics and the analysis of DNA, RNA, and proteins at the molecular level.Our Point of Care diagnostic portfolio spans key heath and therapeutic areas, including infections disease, cardiometabolic, informatics and toxicology.Our diagnostic solutions are used in hospitals, laboratories and clinics around the globe. The crucial information derived from our tests, instruments and informatics systems are often the first step in patient care decision making for hundreds of health conditions from heart attacks to blood disorders to infectious diseases and cancers.Our rapid diagnostics solutions are helping address some of the world’s greatest healthcare challenges.NutritionOur nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, and Glucerna® – to help them get the nutrients they need to live their healthiest lives.The base pay for this position is $128,000.00 – $256,000.00. In specific locations, the pay range may vary from the range posted.

Abbott