Senior Manager of Strategic Pricing & Contracting

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.

     

JOB DESCRIPTION:

About Abbott

Abbott 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 Abbott 

At 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 contribution 

• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU 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 Opportunity

This position is an onsite opportunity in the Abbott Diabetes Care (ADC) 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 are committed to continuous improvement in the way patients and professionals measure, track and analyze glucose levels.

As a Senior Manager of Strategic Pricing & Contracting, you will be responsible for managing contract development and negotiation for the Market Access / Managed Care Channel. The position will work cross-functionally with Account Management, Finance, Forecasting, Contract Operations, and Access Strategies teams to provide strategic contracting partnership and analytical insights to support decision-making.  This position requires an experienced contracting professional with strong attention to detail and adaptable to constantly shifting priorities. 

What You’ll Do

• Lead the negotiation of complex contract terms for Managed Care / Market Access contracts across large PBM/GPO relationships.
• Employ a strong understanding of the U.S. healthcare landscape including Commercial Payors, Pharmacy and Medical Benefit structures, CMS and FDA guidelines to inform strategic contracting decisions.
• Translate pricing strategies to contractual terms such as price protection and rebate structures.
• Assess and quantify the impact and risk of both financial and non-financial contract terms.
• Collaborate with cross-functional teams to develop and enhance contract development effectiveness and drive continuous process improvements. 
• Identify and anticipate key trends and assess opportunities and risks for contract negotiations.

Experience You'll Bring

Required

• B.A./B.S. required 
• At least 9+ years’ experience in roles of progressive responsibility to develop the competence required to meet the skills and responsibilities of the position. 
• Accomplished and skillful in execution.
• Strong financial acumen, including compliance 
• Excellent verbal and written communication skills 
• Effective leadership skills