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Manager, Pricing Strategy

Job in Deerfield, Lake County, Illinois, 60063, USA
Listing for: Baxter International Inc.
Full Time position
Listed on 2026-06-20
Job specializations:
  • Business
    Financial Analyst
  • Finance & Banking
    Financial Analyst
Salary/Wage Range or Industry Benchmark: 112000 - 154000 USD Yearly USD 112000.00 154000.00 YEAR
Job Description & How to Apply Below

At Baxter, we believe every person—regardless of who they are or where they come from—deserves a chance to live a healthy life. Our Mission to Save and Sustain Lives drives us to create meaningful impact through a culture of courage, trust, and collaboration.

Your role

The Manager, Pricing Strategy will develop and implement pricing strategies for spare parts and services worldwide, leveraging a strong understanding of value‑based accounting principles. This role blends analytical acumen, business insight, and collaboration to drive revenue growth and profitability.

What you'll be doing Strategic Pricing Development
  • Develop and implement pricing strategies for spare parts and services aligned with company goals.
  • Conduct market research and competitor analysis to inform pricing decisions and develop total cost of ownership models.
  • Collaborate with cross‑functional teams—sales, marketing, product management—to ensure strategies align with business objectives.
Value‑Based Accounting (VBA) Expertise
  • Apply VBA principles to drive pricing decisions, ensuring alignment with financial goals.
  • Develop and maintain pricing models that reflect the value of spare parts and services.
  • Analyze and interpret financial data to inform pricing decisions.
Analytical and Data‑Driven Insights
  • Create and maintain pricing dashboards and reports to track key performance indicators.
  • Analyze sales data, customer behavior, and market trends to identify pricing opportunities.
  • Provide data‑driven insights to inform decisions and drive revenue growth.
Stakeholder Management
  • Collaborate with internal stakeholders—sales, marketing, product management—to ensure strategies align with business objectives.
  • Develop and maintain relationships with external stakeholders, including customers and suppliers.
  • Communicate pricing strategies and results to senior leadership and other stakeholders.
Process Improvement
  • Identify opportunities to improve pricing processes and workflows.
  • Develop and implement process improvements to increase efficiency and effectiveness.
  • Collaborate with cross‑functional teams to implement changes.
What you'll bring
  • Bachelor's degree in Business Administration, Finance, Economics, or related field.
  • 5+ years of experience in pricing, finance, or a related field.
  • Strong understanding of value‑based accounting principles and their application in pricing decisions.
  • Proven analytical and problem‑solving skills, with ability to interpret complex data and drive insights.
  • Excellent communication and stakeholder management skills, with ability to present complex information to senior leadership.
  • Strong business acumen and understanding of global markets and competitors.
  • Proficiency in Microsoft Office, particularly Excel, and willingness to learn new tools and technologies.
  • Preferred: certification in pricing or finance, such as CPM or CFA.
  • Experience working in a global organization, with knowledge of international markets and competitors.
  • Familiarity with pricing software and tools, such as pricing analytics platforms.

Baxter is committed to supporting flexible work arrangements, requiring a minimum of three days onsite per week to facilitate collaboration.

Compensation

Estimated base salary $112,000 – $154,000 annually, adjusted for market data, location, skills, and experience.

Benefits
  • Medical, dental, life, accident, short‑term and long‑term disability, and business travel accident insurance.
  • Employee Stock Purchase Plan (ESPP) and 401(k) retirement plan with company match.
  • Flexible Spending Accounts, educational assistance, paid holidays, PTO ranging from 20 to 35 days, family and medical leaves, paid parental leave.
  • Commuting benefits, Employee Discount Program, Employee Assistance Program, childcare benefits.
Equal Employment Opportunity

Baxter is an equal opportunity employer and evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability status, or any other legally protected characteristic.

Reasonable Accommodations

Baxter provides reasonable accommodations for individuals with disabilities. If accommodation is needed for any part of the application or interview process, please let us know.

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