Pricing Analyst
About this role
At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these patients, and the surgeons and healthcare providers who treat them. We embrace a culture of exceptional response by partnering with researchers and educators to transform clinical insights into tangible solutions. Our solutions improve the techniques and outcomes of surgery so patients can resume their lives as quickly as possible.
Position Summary:
The Pricing Analyst will work in a fast-paced, team-oriented environment, and will be responsible for all aspects of assigned regional healthcare account pricing. The position will support assigned regional field sales Vice President, Area Directors, and sales representatives, and partner closely with internal departments to support the sales teams by providing accurate and timely pricing assistance.
Essential Functions:
Partners with the Area Director of Corporate Accounts and Contract Administrator to ensure timely submission of all Requests for Pricing (RFPs) within assigned territory
Reviews price files before sending to hospital and/or Contract Administrator for inclusion in RFPs and Agreements
Coordinates new contract execution with the Contract Administration team to ensure all pricing parameters are correctly entered in Globus’ ERP system; including shipping, invoicing, and group parameters
Supports field sales in providing pricing and account data analyses; and accurate reporting and discrepancy resolution, works with department such as Accounts Receivable and Customer Service
Coordinates with sales field to prepare pricing analyses for executive management review
Performs duties in an efficient, analytical manner while maintaining a high level of relationship management, confidentiality and professional interaction with internal and external customers
Identifies where efficiencies can be gained and lead Continuous Process Improvement Projects to realize them
Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies.
Ensures Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role
Represents the company in a professional manner and uphold the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Qualifications:
Bachelor’s Degree in business or related field is required; may consider an equivalent of relevant business experience and education
2-3 years’ experience in a financial, sales, or pricing analysis role or similar position preferred. Specific experience with medical devices is a plus
Advanced MS Excel skills; Experience with SQL, Power BI, R, or Python a plus
Extensive sales database experience
Excellent relationship management skills
Must possess excellent problem-solving skills, written and verbal communications skills, and consistently display a high level of professional conduct
Proven ability to analyze pricing and account data, provide accurate reporting and discrepancy resolution
Analytical thinking skills and a mathematical aptitude with organized multitasking abilities with heavy workload
Physical Demands:
The physical demands listed here are representative of those that must be met by and employee to successfully perform the essential functions of this job.
Required to sit; climb or balance; and stoop, kneel, crouch or crawl
Required to regularly lift and/or move up to 10 pounds, and occasionally lift and/or move up to 25 pounds
Required to possess specific visons abilities, including: close vision, distance vision, color vision, peripheral vision, depth perception and capacity to adjust focus.
Our Values:
Our Life Moves Us philosophy is built on four values: Passionate About Innovation, Customer Focused, Teamwork, and Driven.
Passionate about Innovation: Improving patient care by delivering advanced technology to our customers is at the core of what we do. We are passionate in our role in improving the lives of patients by continuously developing better solutions.
Customer Focused: We listen to our customers’ needs and respond with a sense of urgency.
Teamwork: Working together, anything is possible. We value every person on our team and treat each other with respect. We are accountable to one another and support each other. Together, we make each other stronger.
Driven: We pursue our mission with energy and passion. We are nimble, results-oriented and decisive. We overcome obstacles that arise in our quest to deliver solutions that will improve the lives of our customers and patients.
Equal Employment Opportunity:
Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees’ talents and support an environment that is inclusive and respectful.
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
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