Strategic Pricing Lead - Remote USA

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Strategic Pricing Lead - Remote USA

3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You’ll Make in this Role

As a US Strategic Pricing Lead you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

• Develop and implement price models to optimize revenue and market share
• Align price strategies with corporate goals, sales objectives and market trends
• Support contract negotiations with GPOs, IDNs, Distributors and Government entities
• Build pricing simulation models to assess revenue impact and profitability scenarios
• Develop pricing dashboards using BI tools (Tableau, PowerBI) for executive reporting
• Use analytical skills (Excel, SQL, Python, R) to identify price optimization opportunities
• Leverage data, analytical skills, curiosity and creativity to craft a strategy and tell a story
• Partner with sales, contracting, marketing, finance, commercial excellence to ensure pricing strategies align with business needs
• Develop and deliver creative and compelling presentations

Your Skills and Expertise 

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

• Bachelor’s Degree or higher (completed and verified prior to start) from an accredited institution AND eight (8) years of pricing, marketing, sales or finance related experience in a private, public, government or military environment.

OR

• High School Diploma/GED or higher (completed and verified prior to start) from an accredited institution AND twelve (12) years of pricing, marketing, sales or finance related experience in a private, public, government or military environment.
• Experience in Healthcare (knowledge of GPO and IDN contracting process)

Additional qualifications that could help you succeed even further in this role include:

• Knowledge of payer dynamics (private insurance, Medicare, Medicaid)
• Experience in Government and Distribution contracting
• Advanced analytical skills and track record of operational execution
• Experience using Tableau, Power BI, dashboards creation
• Strong organizational skills
• Proven capability to collaborate and lead across functions and internal structures
• Strong critical thinking skills, decisive judgment and the ability to work with minimal supervision

Work location:

• Remote USA

Travel: May include up to 10% domestic

Relocation Assistance:  Not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being 

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope. 

Applicable to US Applicants Only:The expected compensation range for this position is $137,439 - $167,981, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.  Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County.

Solventum is an equal opportunity employer.  Solventum  will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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Please access the linked document by clicking here, select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the
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