Pricing Analyst III

2 weeks ago

Lake Forest, United States Abbott Laboratories Full time

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.

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve peopleâs health. Weâre 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 family, be your true self and live a full life. Youâll also have access to:

  • Career development with an international company where you can grow the career you dream of.

  • Free medical coverage for employees* via the Health Investment Plan (HIP) PPO

  • An excellent retirement savings plan with high employer contribution

  • Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelorâs degree.

  • A company recognized as a great place to work in dozens of countries around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

Abbott Rapid Diagnostics is part of Abbott's Diagnostics family of businesses, bringing together exceptional teams of experts and industry leading technologies to support diagnostic testing which provides important information for treatment and management of diseases and other conditions.

The position of Pricing Analyst is within our Contracting and Pricing department located in Lake Forest, IL.  This role will assist with meeting the division's strategic direction and tactical implementation of building and driving pricing governance to ensure that division goals are achieved. Will interface with customers, sales and other internal support functions to ensure consistency and understand their business needs and the impact of market conditions to the overall sales objective. 

What You'll Do

  • Primarily responsible for implementation, maintenance and renewal management of end-customer pricing through distribution;
  • Support the sales force as it relates to distributor pricing inquiries;
  • Conduct sales and internal training as it relates to distributor pricing;
  • Responsible for system maintenance as it relates to distributor pricing;
  • Collaborate with internal departments on new product launches and product reviews;
  • Responsibility for analysis of current process and continued review for improvement;
  • Perform analysis of distributor pricing data for purposes of reporting to leadership.

Required Qualifications

  • Bachelors Degree (± 16 years) Finance or Business
  • 1-3 years of experience equivalent in finance, pricing or analyst role.  
  • financial acumen experience
  • experience in Medical Device, Diagnostics sector or a highly regulated industry;
  • experience with distributor based and capital-based business.
  • knowledge of pricing strategies;
  • understanding of the organizationâs strategy and understand how day-to-day activities support this strategy;
  • experience working with or in a sales environment;
  • ability to consistently provide clear and concise written and verbal communications, good presentation skills;
  • analytical capabilities and critical-thinking skills;
  • experience with market knowledge and analytics;
  • ability to travel;
  • problem resolution skills.

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities



The base pay for this position is $57,300.00 â $114,700.00. In specific locations, the pay range may vary from the range posted.

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