At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at https: //www.jnj.com

Job Function:

Job Sub Function:

Job Category:

All Job Posting Locations:

Job Description:

Lead Analyst - Pricing (Global Strategic Pricing)

Pune

Caring for the world, one person at a time has inspired and united the people of Johnson & Johnson & Johnson MedTech Global Strategic Insights & Pricing is recruiting for a Senior Pricing Analyst, Global Strategic Pricing Analytics to be located in Pune, India.

• The pricing team drives alignment across business units, platforms, and regions through central-lead, cross-functional collaboration and solid foundation in research and data analytics. The members of the global team work closely with the Customer, Market, and Portfolio leads to build value-based business cases and drive a portfolio of strategic initiatives focused on near and long-term revenue growth opportunities.

Job Description:

• The analyst will be responsible for integrating critical internal as well as external pricing analytics and reporting within the global strategic pricing team. The key responsibilities for the broader team include development, implementation and oversight of global pricing strategy, policies and long-term capabilities across the J& J MedTech (JJMT) portfolio of products with gross global sales of $21B.
• The role will work with various global and regional teams to manage and provide pricing insights and recommendations, analyze product portfolios and recommend customer level pricing across platforms and regions. It will require a high degree of business sense and understanding and proactively recommend tools and techniques to support secondary market sources and marketplace understanding across the business.

Key Responsibilities:

• Lead discussions to consult with business leaders to generate insights on customer price sensitivities, market intelligence, and profitability impacts, with the objective of Profit optimization.
• Perform advanced analysis to evaluate critical areas for improvement, including price setting, revenue optimization, and strategic alignment with channels, and customer segment. This may include correlation analysis and regression analysis
• Analyze existing price strategies and improve pricing models of potential changes to quantify sales and profitability impact to customer segments, brands and markets
• Perform data mining, cleansing, and manipulation; identify necessary data elements and their sources, use appropriate tools to acquire and consolidate large volumes of data from different sources, and identify and resolve any irrelevant, corrupt, missing, or incongruent data
• Derive insights that lead into actionable recommendations.
• Work cross-functionally with the Pricing Team, Finance and Marketing to define, deploy and direct robust and effective price analytics, delivery, and execution capabilities.
• Responsible for report development such as quarterly performance of critical metrics, profit optimization, and ad-hoc analyses while also supporting risk assessment and recommendations.

Education:

• A minimum of a bachelor’s degree. MBA preferred. Background in computer science, math, marketing, or another quantitative field is preferred.

Experience and Skills:

Required:

• A minimum of 4 years of hands-on experience in problem solving using quantitative research, analysis, and data.
• Ability to draw conclusions from complex situations, then recommend and implement a course of action in both a timely and proactive manner.
• Extreme attention to detail and commitment to quality.
• Proven ability to translate large amounts of data into actionable insights and coherent strategies.
• Excellent verbal and written communication skills and the ability to interact professionally with multiple business partners.
• Ability to find out-of-the-box/non-traditional ways of problem solving and apply innovative thinking when approaching and defining solutions. Enjoys the challenge posed by ‘problems’ and enjoys solving them.
• Desire to work in a fast paced, growing, deadline driven, startup-up environment. Ability to inform rapid, but fact-based decision-making with imperfect data. Self-motivated, driven to achieve team’s commitments.
• Ability to deal with ambiguity/insufficiency: Adopts change and encourages others throughout this process. At ease creating contingency plans and rallies others to do likewise.
• Curious/Inquisitive: Investigates the current situation, asks the relevant questions needed to get the whole picture then provides specific actionable recommendations
• Encourages team collaboration, works well with peers across multiple functionalities within the company, promotes enthusiasm, uses influence when necessary and motivates relationship building.
• Proficiency in Excel, Tableau, and Power Point
• Gets it done – Believes that actions speak louder than words, thrives on achievement.

Preferred:

• Meaningful Pricing analytics experience preferred with prior consulting experience a plus.
• Prior experience in Medical Device/Healthcare industry is a plus

Other:

• Strong project management skills in a deadline driven environment are required. Proficiency in Microsoft WORD, EXCEL, and PowerPoint, and analytical tools such as Tableau is required.
• Proven ability to translate large amounts of data into actionable insights and coherent strategies AND ability to work seamlessly as part of a multi-site, multicultural Global Strategic Insights & Pricing team.
• Desire to work in a fast paced, growing, deadline driven, startup-up environment. Ability to inform rapid, but fact-based decision-making with imperfect data. Self-motivated, driven to achieve team’s commitment

Are you ready to impact the world?

Johnson & Johnson offers an unusual experience to professionals looking for an opportunity to work with hardworking people who share your real passion for caring in an environment that empowers you to drive your own career.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

This description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.