Principal Pricing Strategy Analyst - Minneapolis, MN

Principal Pricing Strategy Analyst

As a Principal Pricing Strategy Analyst at Medtronic, you will play a critical role in developing and executing pricing strategies that support our innovative medical products and put patients first. In this role, you'll collaborate closely with cross-functional teams to analyze market trends, review competitive pricing, and recommend strategies that ensure compliance and maximize value across all customer and market segments.

You will lead key pricing initiatives alongside your business partners while leveraging expertise to directly influence contract negotiations, product launches, and operational efficiency. This position is primarily onsite, fostering a dynamic environment of professional growth, teamwork, and continuous improvement.

Responsibilities may include the following and other duties may be assigned.

• Advise on pricing strategies for current and future products across all relevant customer and market segments.
• Develop and communicate the impacts of proposed and/or implemented pricing strategies and governance.
• Create price recommendations to ensure compliance with established policies.
• Review competitive activity to determine pricing for new products.
• Provide input on final pricing contracts and agreements.
• Foster strong business partnerships with cross functional internal stakeholders, including facilitation of various pricing analyses and metrics.
• Manage large projects or processes, functioning as a pricing subject matter expert between the enterprise and the operating unit.
• Provide guidance and training to colleagues within the job area.

Minimum Requirements:

To be considered for this role, please ensure the following information is evident on your resume

• High School Diploma or equivalent, with 8+ years of relevant experience in Pricing or Contracts, or equivalent experience
• OR Associate's Degree with 6+ years of relevant experience
• OR Baccalaureate Degree with 4+ years of relevant experience

Nice to Have:

• Experience developing pricing strategies in medical device, healthcare, or other regulated industries
• Knowledge of market research, competitive analysis, and pricing impact assessment methods
• Ability to develop pricing recommendations aligned with policy, compliance, and market dynamics
• Experience supporting contract pricing, commercial agreements, or pricing governance processes
• Skills in interpreting pricing metrics, business performance data, and analytical outputs
• Experience partnering with cross-functional stakeholders across pricing, contracts, sales, and marketing
• Ability to influence pricing decisions and support negotiation strategy through data-driven insights
• Experience managing large pricing projects or serving as a pricing subject matter expert
• Skills in coaching, training, or providing guidance to colleagues within pricing or contracts functions
• Advanced degree in business, finance, economics, or a related field preferred

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles:
While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

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