Abbott

Senior Analyst, Pricing & Contracting

Abbott$78K — $156K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent combination of education and work experience
  • 5-7 years of experience in business, accounting, or finance
  • In-depth understanding of GPOs and IDNs
  • Strong negotiation skills with internal and external stakeholders
  • Proficient in creating and managing contracts and pricing adjustments

Responsibilities

  • Partner with sales team to manage contracts and pricing requirements
  • Create and execute contracts utilizing internal and external templates
  • Review and negotiate business contract terms with internal stakeholders
  • Process pricing adjustments while adhering to approval guidelines
  • Assist in training sales team on pricing and contract policies
  • Develop business rationale for pricing requests alongside the sales team
  • Participate in special projects and other duties as assigned

Benefits

  • Comprehensive health and wellness benefits
  • Support for career development and growth opportunities
  • Work in a collaborative and diverse team environment
  • Engagement in special projects and initiatives
  • Access to resources that support work-life balance
Full Job Description
JOB DESCRIPTION:

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.

The Opportunity

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, nutritional's and branded generic medicines.

Our 114,000 colleagues serve people in more than 160 countries. For years, Abbott's medical device businesses have offered technologies that are faster, more effective, and less invasive. Whether it's glucose monitoring systems, innovative therapies for treating heart disease, or products that help people with chronic pain or movement disorders, our medical device technologies are designed to help people live their lives better and healthier. Every day, our technologies 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.

Our team in Austin, TX or Alpharetta, GA is looking for a Senior Analyst, Pricing & Contracting.

This is a fully onsite role and will be based in either Austin, TX or Alpharetta, GA.

The Senior Analyst, Pricing & Contract will interface with Sales, Sales Management, Sales Operations, Commercial Excellence, Pricing, Marketing, Customer Service, Finance, OEC, and Legal to apply business management principles and financial concepts that maximize the company's performance against sales and profit goals and minimize risk.

The ideal candidate will support Strategic Accounts sales team responsible for working with economic customers such as Group Purchasing Organizations (GPOs) and Integrated Delivery Networks (IDNs). Analyst has an in depth understanding of complex business issues involving GPOs and IDNs. Analyst ensures the timely review, detailed financial analysis, and administration of sales request for pricing adjustments related to GPOs and IDNs. Develop, in conjunction with the Strategic Accounts sales team, the business rationale to support the request for adjusted pricing.

What You'll Work On
  • Partner with sales team to assist in the management of contracts and pricing as it relates to customers and contractual requirements.
  • Own contract creation from development to execution utilizing internal Abbott and external customer templates as well as creation of custom language.
  • Work within guidelines for contract approvals, pricing approvals, and contract creation. Seeking approvals when outside of established guidelines.
  • Understand contractual obligations and subsequent impacts on various contracting processes and products.
  • Review and redline business contract terms, coordinating with internal stakeholders on customer redline contract edits. When applicable, vet extended terms through other departments including IP legal, privacy, OEC, legal, technical services, cybersecurity, finance, risk management and customer service. Must be able to appropriately determine the correct department for review, clearly and concisely explain customer requests and associated risks, then incorporate responses into contractual terms.
  • Negotiate contractual terms with internal and external customers.
  • Possess a sense of urgency and ability to work under customer driven deadlines. This includes the ability to multitask and manage competing priorities.
  • Works within audit guidelines for contract approval and contract creation.
  • Execution of formal requests for proposals (RFP)s/(RFI)s.
  • Must be customer-service oriented with aligned skill sets to support sales team and their price/contract requirements.
  • Support the team Group Lead and Contract Manager with the development and implementation of price approval requests, basic pricing analyses, and contract creation / maintenance.
  • Assist with training sales team, typically on a day-to-day, deal-to-deal basis, on requirements, policies, and procedures.
  • Apply critical thinking and problem-solving skills to arrive at a viable solution when challenged with complex situations and customer requests.
  • Possess a sense of urgency and ability to work under customer driven deadlines. This includes the ability to multitask and manage competing priorities.
  • Must be able to work in a team environment and with diverse workstyles.
  • Participates in special projects and other duties as assigned.
  • Communicates in a professional manner with internal stakeholders and customers.


EDUCATION AND EXPERIENCE YOU'LL BRING
  • Bachelors Degree OR An equivalent combination of education and work experience
  • Minimum 5-7 years of combined experience in business, accounting, or finance.


Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life.

The base pay for this position is
$78,000.00 - $156,000.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
Sales Support & Administration

DIVISION:
MD Medical Devices

LOCATION:
United States > Austin : 8701 Bee Caves Rd

ADDITIONAL LOCATIONS:
United States > Alpharetta : 3650 Mansell Road

WORK SHIFT:
Standard

TRAVEL:
Yes, 5 % of the Time

MEDICAL SURVEILLANCE:
Not Applicable

SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

About Abbott

Abbott Careers

Joining Abbott means becoming part of a globally diverse team dedicated to making a lasting impact on human health. As a leader in healthcare innovation, Abbott provides a dynamic workplace where careers flourish through growth, leadership, and diversity training.

Opportunities at Abbott

Explore a world of opportunities with our team. Whether you're seeking job opportunities in engineering, marketing, research, or healthcare, Abbott offers a variety of positions that allow professionals to grow their careers. Our commitment to diversity and innovation is evident in every aspect of our work, fostering an inclusive culture that values each team member's contribution.

Work You'll Do

At Abbott, every role contributes to our mission of helping people live fuller lives through better health. From groundbreaking research in medical devices to advancements in pharmaceuticals, our team is at the forefront of healthcare innovation. By joining Abbott, you are not just accepting a job; you are embarking on a path of professional and personal growth.

Internship Programs

Kickstart your career with an Abbott internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Abbott work on projects that matter, gaining the experience and knowledge necessary to succeed in their future careers.

Professional Development

Abbott is dedicated to the continuous professional development of its employees. With access to cutting-edge technology, leadership programs, and diversity training, our team members are equipped to lead and innovate within the healthcare industry. We support your career journey with robust training programs, mentorship, and opportunities for networking and professional growth.

Benefits and Culture

Our employees enjoy comprehensive benefits designed to support their life and well-being. From health insurance to retirement plans, we ensure our team has everything they need to thrive. Abbott's culture is built on a foundation of respect and integrity, united by a shared commitment to improving health outcomes.

Join Our Team

Discover the impact you can make with a career at Abbott. We are hiring individuals who are passionate, curious, and driven to lead. Search open positions that match your skills and interests on our Jobs page. Prepare your resume, sharpen your interview skills, and get ready to join a team that's at the cutting edge of healthcare solutions.

Stay Connected

Keep up to date with career tips, industry insights, and company news—all from the people who work here. Subscribe to our Careers Blog and personalize your subscription to receive job alerts and insider tips tailored to your preferences.

Explore Abbott

With a commitment to improving life through innovation, leadership, and diversity, Abbott is a place where you can fulfill your potential. See what exciting and rewarding opportunities await at Abbott by exploring our career opportunities today.

SEARCH ABBOTT JOBS

Join us in our mission to make the world a healthier place through innovation, leadership, and diversity. Your journey to a fulfilling career at Abbott starts here.
Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ

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