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. JOB DESCRIPTION: 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. Youll 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 bachelors 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 lifes 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 Youll Work On Work with multiple levels of the Sales organization to develop pricing proposals and contract documents while ensuring compliance with legal guidelines, OEC policies, and business rules. Lead and independently manage complex pricing proposals and deal configurations, guiding pricing structure, financial impact, and alignment with business strategy. Own the creation of customer pricing proposals from start to finish, using both internal and customer templates, including financial and pricing modeling. Provide pricing analysis, P&L impact assessments, and support contract development and execution for large customers. Apply a strong understanding of contracts and pricing to ensure decisions comply with legal, regulatory, and business standards. Prepare, analyze, and present active contract performance in relation to contractual obligations. Coordinate legal review and business approvals for contract terms and conditions. Partner with the Contracting team to develop and finalize customer contract documents, including contributing to pricingrelated language. Guide Sales on contract language related to pricing, including adjustments, incentives, escalators, and volumebased commitments. Counsel field sales on agreement terms and conditions to ensure compliance with business policies and regulatory guidelines. Apply critical thinking and problemsolving skills to address complex customer situations and requests. Maintain a strong sense of urgency and ability to work under customerdriven deadlines, managing multiple priorities simultaneously. Support complex pricing strategy, proposal development, and deal configuration requests across the organization. Participate in projects tied to key initiatives and MDx divisional priorities. Perform other duties as assigned. Required Qualifications Bachelors 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 Strong organizational skills, attention to detail, and ability to work independently in a timesensitive environment while managing multiple projects. Ability to build, maintain, and develop professional relationships within and outside the immediate team. 2+ years of experience working within a sales organization. Familiarity with Power BI, Tableau, or similar analytical tools. Ability to interpret and communicate data insights, identify risks, draw conclusions, summarize results, and develop recommendations. Experience with complex pricing models, financial analysis, or large customer proposals (preferred). 7+ years of experience in pricing, contracting, financial analysis, or commercial analytics strongly preferred; prior Senior Analyst experience highly desirable. Working knowledge of pricingrelated contract terms, commercial obligations, and how pricing structures tie to Terms & Conditions. Experience supporting complex deals, strategic pricing initiatives, or crossfunctional commercial projects is a plus. 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. Abbott is an Equal Opportunity Employer, committed to employee diversity. Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews. 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: Pricing DIVISION: AMD Molecular LOCATION: United States > Lake Forest : J55 ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 10 % of the Time MEDICAL SURVEILLANCE: No 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) Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions across the spectrum of health, around the world, for all stages of life. Whether its next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of lifes greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. Follow Us: Facebook LinkedIn YouTube Twitter