Senior Market & Competitive Intelligence Specialist
Medtronic
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 Senior Market & Competitive Intelligence Specialist role provides key support related to market and competitive insights and is a key contributor to enable decision making across Surgical, the largest Operating Unit in Medtronic driving nearly $6B of annual revenue.
This role is at the forefront of informing the organization of key dynamics and trends (competitive, market, environmental, etc.) to inform and enable critical decisions across the organization.
Location: Minneapolis, MN / North Haven, CT / or remote within the U.S.
Travel: Less than 25%
Responsibilities may include the following and other duties may be assigned.
Performs in depth data analyses while deriving meaningful insights across market and competitive data.
Partners with regional and global stakeholders to align on data sources, insights and key assumptions to drive global market model inputs.
Conducts environmental scans, organizational positioning analyses and other studies.
Coordinates input from all major business units/regions to facilitate the integration of individual business unit plans with the Surgical plan.
Communicates effectively with business partners to provide timely insights of relative market and competitive dynamics and align on a collaborative business point of view.
Participates in various war gaming/ scenario planning projects across markets to define strategic maneuvers and opportunities to win against our competitors.
Utilizes primary and secondary market research in support of Surgical Innovations’ market objectives.
Develops long-range objectives and strategic plans for corporation or major division by identifying internal and external strategic issues that could affect growth and profitability.
Scans environment for business opportunities, maintains surveillance over market, and may perform financial analysis of acquisition candidates.
Develops and monitors profitability, productivity, and growth targets.
Required Knowledge and Experience:
Bachelors degree with 4 years of Strategy, Finance, or Medical Device experience
OR
An advanced degree with 2 years of Strategy, Finance, or Medical Device experience
Nice to Have
Experience in medical devices and/or healthcare industry.
Experience in a high-performing consulting, strategic planning, or finance environment, demanding a sophisticated approach to understanding strategic needs, financial/market models, competitive trends and business impact.
Hands-on proficiency with Excel macros, and the potential to use advanced decision support analytical tools (e.g., decision analysis software, Power BI, etc.).
Strategic agility, structured thinking, and intellectual curiosity.
Ability to deal with ambiguity and translate complex concepts into actionable insights.
Collaborative approach, familiarity with matrix organizations and how to successfully work cross-functionally.
Knowledgeable regarding the array of primary research methodologies and can design, implement and analyze results efficiently. Knowledgeable regarding available secondary market research and can utilize these to provide analyses of the market, referrers, payers and competitors, etc.
Characteristics include the following: self-starter who takes initiative, interpersonal capabilities that lend themselves to working collaboratively toward productive ends, ideally some demonstrated and meaningful project management and, or product development skills, understanding of finance and valuation analytics, motivator for others, ability to interface with senior executives (including ability to define and structure problems), poise.
Strong project management skills including stakeholder management, effective communication, and driving for results
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):$98,400.00 – $147,600.00
This 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).
Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?pagename=signon&conum=30601&coaffid=medtronic)
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 (http://www.medtronic.com) .
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.
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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.
We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.
We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.
This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…
Build a better future, amplifying your impact on the causes that matter to you and the world
Grow a career reflective of your passion and abilities
Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning
These commitments set our team apart from the rest:
Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.
Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.
Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.
Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. Youre shaping the future of healthcare technology and defining the next generation of breakthroughs in care
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.
For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.
This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .
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