Senior Analyst, Pricing

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.

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

The Senior Analyst, Pricing works out of our Lake Forest, IL location in the Abbott Molecular Diagnostics Division . You will work with the US Sales team to develop pricing strategies that ensure goal achievement, assuring customer satisfaction, meeting legal guidelines, and maintaining the effectiveness of the quality system. This position will work with Global Pricing, Sales, Management, Legal, OEC and Finance to apply business knowledge principles and financial concepts to implement recommended strategies.

Abbott Molecular Diagnostics is a leader in molecular diagnostics to deliver best-in-class innovative testing solutions for people around the world for answers to life’s critical health decisions. We help people live full and healthy lives through our accessible, molecular-based solutions.

We are a division of Abbott Laboratories, a global, diversified healthcare innovator with a legacy of pioneering work in medical diagnostics.

What You’ll Work On

• Work with multiple levels of the sales organization to develop pricing proposals/contract documents while ensuring compliance with legal guidelines, OEC policies, and business rules

• Own customer pricing proposal creation from start to finish, utilizing internal and customer templates, including financial and pricing modeling

• Provide pricing analysis, P&L impact, contract development and execution for large customers Prepare, analyze, present active contract performance in relation to contractual obligations

• Apply critical thinking skills and problem solve to arrive at a viable solution when challenged with complex situations and customer requests Carries out all duties in compliance with established business policies

• Maintain a sense of urgency and ability to work under customer driven deadlines.

• This includes the ability to multitask and manage competing priorities

• Other projects as assigned based on key initiatives and MDx divisional priorities

• Complex Pricing Proposals, Pricing Strategy and Deal configuration support

• Negotiate contractual terms with internal and external customers

• Coordinate legal review and applicable business approval of contract terms and conditions

• Own customer contract creation from start to finish, utilizing internal and customer templates, including creation of custom language

• Counsel field sales on agreement terms and conditions focusing on meeting requirements of business policies and regulatory guidelines

• Work with multiple levels of the sales organization to develop pricing proposals/contract documents while ensuring compliance with legal guidelines, OEC policies, and business rules

Required Qualifications

• Bachelor's Degree in finance or related field

• 5 yrs of experience in contracting, pricing, finance, customer relationship management, analysis or related field (MUST)

• Strong analytical ability

• Strong communication skills

• 2+ years' knowledge of contracting and pricing strategies

• Strong proficiency with all MS Office products, advanced Excel

​ Preferred Qualifications

• Demonstrated organizational skills, attentiveness to detail, and ability to work independently in a time-sensitive environment while effectively prioritizing and handling multiple projects simultaneously.

• Ability to build, maintain and develop professional relationships and partnership within and outside of the immediate work environment

• 2+ years' working within a sales organization

• Familiar with Power BI, Tableau, or similar tools

• Ability to facilitate interpretation and understanding of data, identify risks, draw relevant conclusions, summarize and communicate results effectively, develop recommendations and implement solutions

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

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

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The base pay for this position is $75,300.00 – $150,700.00. In specific locations, the pay range may vary from the range posted.