We anticipate the application window for this opening will close on - 3 Jan 2025
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the Life
The HeartMetrics Senior Program Managerwill drive the creation of new market opportunities by analyzing the intersection of the pharmaceutical and cardiac monitoring sectors. This individual will lead market modeling, competitive sizing, pricing strategies, forecasting, and negotiations to capitalize on emerging trends and technologies. The ideal candidate will possess a deep understanding of both industries and demonstrate an ability to navigate uncharted territories, identifying key opportunities where none exist.
Key responsibilities include but are not limited to the following:
Market Modeling: Identify and size new market opportunities in the pharma and medical device spaces, focusing on innovative technologies, unmet needs, and emerging trends.
Business Strategy: Develop comprehensive market entry strategies, including competitive analysis, forecasting, and modeling potential market scenarios.
Pricing Strategy: Lead the development of pricing models, negotiating pricing structures with stakeholders, and creating value propositions that resonate with both customers and partners.
Competition Analysis: Conduct detailed competitor assessments to inform business strategies and differentiate the company’s offerings.
Financial Modeling and Forecasting: Develop and maintain financial models to support strategic decisions, ensuring optimal allocation of resources and ROI. Build dynamic forecasting models to predict market growth, demand, and shifts in technology, regulation, and customer behavior.
Cross-Functional Leadership: Collaborate with teams across R&T, clinical, finance and marketing to align business goals with market opportunities.
Stakeholder Engagement: Engage with key opinion leaders (KOLs), company VIPs, and external stakeholders to gather insights and refine market strategies.
Location: Very strong preference to have candidates working hybrid from Mounds View, MN . Could consider remote from the U.S. for the right candidate.
Must have; Minimum Requirements:
To be considered for this role, please ensure the minimum requirements are evident in your applicant profile.
Bachelor’s degree in Business, Marketing, Life Sciences, or a related field (Master’s or MBA preferred).7+ years of experience in strategic planning, consulting, data analytics, market development, or a related role in the medical device, pharmaceutical, or biotech industries.
Advanced Degree 5+ years in same fields identified above.
Experience with AI or digital health technologies.
Strong understanding of market modeling, pricing strategy, and competitive analysis within pharma and med-tech spaces.
Proven ability to negotiate complex pricing structures and influence decision-makers.
Exceptional analytical skills with the ability to translate complex data into actionable strategies.
Strong interpersonal, communication and presentation skills, with a history of cross-functional collaboration.
- Familiarity with regulatory pathways and clinical trials in pharma and medical devices.
- Knowledge of global market trends in healthcare and technology adoption.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
Salary ranges for U.S (excl. PR) locations (USD):$160,000.00 - $240,000.00This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).
The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance,Health Savings Account,Healthcare Flexible Spending Account,Life insurance, Long-term disability leave,Dependent daycare spending account,Tuition assistance/reimbursement, andSimple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees:Incentive plans, 401(k) plan plus employer contribution and match,Short-term disability,Paid time off,Paid holidays,Employee Stock Purchase Plan,Employee Assistance Program,Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), andCapital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans
About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
