Principal Pricing Strategy Analyst - Minneapolis, MN
MedtronicAbout the role
Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.
A Day in the Life
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.At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.
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
#LI-MDT
For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.
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
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