Senior Director, U.S. Market Access – Cardiovascular

Medtronic

Not Interested
Bookmark
Report This Job

profile Job Location:

Minneapolis, MN - USA

profile Monthly Salary: $ 248000 - 372000
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

We anticipate the application window for this opening will close on - 1 Oct 2025


At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.

A Day in the Life

At Medtronic we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. This position is remote to enhance our competitive edge and expand our cross-functional collaboration efforts. This role will require some travel to enhance collaboration and ensure successful completion of projects.

At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.

Position Summary

At Medtronic we bring bold ideas forward with speed and decisiveness to put patients first in everything we do.

The Sr. Director of U.S. Market Access is a leadership position responsible for enhancing executing and overseeing market access strategies with a focus on U.S. private payers and related stakeholders (HTAs utilization management entities integrated delivery network (IDN)-owned health plans). This individual will build and lead a team to secure coverage and facilitate patient access to Medtronics innovative cardiovascular products and therapies by engaging with commercial payers and other external stakeholders and collaborating closely with internal teams. This position will act as a subject matter expert in payer relations managed care contracting and market access.

In todays rapidly evolving healthcare environment this position is expected to anticipate and skillfully navigate the multifaceted challenges of commercial payer reimbursement. This pivotal leadership role demands a sophisticated grasp of market dynamics deep subject matter expertise and experience with payers and the convergence of clinical advancement with economic value. The individual must demonstrate strategic vision executive presence and the ability to foster cross-functional collaboration all while setting the direction for market access initiatives and shaping commercial payer reimbursement strategies. Important skills include creative thinking and problem-solving a willingness to take decisive action and the capacity to influence high-level payer decisions to rapidly advance the organizations position in a competitive and ever-changing marketplace.

This role will support multiple cardiovascular businesses in Medtronic including coronary renal denervation peripheral and vascular therapies.

A Day in the Life

The Sr. Director of U.S. Market Access is responsible for leading a high-performing geographically diverse team to develop and execute payer/market access strategies across multiple cardiovascular product portfolios.

Primary Duties and Responsibilities

Strategy Development and Execution

  • Lead the enhancement execution and oversight of comprehensive commercial payer managed care and contracting strategies aligning with business unit objectives and product portfolios.
  • Translate business and product strategies into clear specific and actionable plans for payer engagement.
  • Develop tailored actionable evidence-based payer strategies at national and regional levels based on therapy/product evidence market landscape and stakeholder trends.
  • Monitor and analyze market trends competitor activities and regulatory changes to inform payer strategy.
  • Ensure compliance with all relevant laws regulations and company policies in payer and managed care activities. Exercise sound judgment and oversight to maintain the highest standards of integrity and transparency.

Organizational Leadership and Cross-Functional Collaboration

  • Build and lead a high-functioning geographically diverse team dedicated to payer strategy and successfully partner with other reimbursement colleagues to develop and execute market access strategies. Ensure a strong organizational structure and effective work distribution.
  • Must be experienced and skilled in partnering with clinical & regulatory functions legal and compliance partners and commercial (field sales and marketing) organizations.
  • Manage external relationships and contracts with consultants and service providers. Conduct business reviews identify growth opportunities and support new product launches through effective vendor management.
  • Represent the organization in internal and external settings including payer advisory boards policy work groups and professional associations.

Payer Engagement and Advocacy

  • Lead a team to communicate directly with payers key stakeholders and physician groups to advocate for coverage of Medtronic products and therapies.
  • Advocate skillfully for Medtronic therapies with commercial payers.
  • Engage lead and support physicians and other influential opinion leaders for payer advocacy providing content training and strategic guidance.
  • Partner with field/commercial colleagues advocacy organizations and external consultants to broaden payer engagement.

Development of Market Access Tools and Infrastructure

  • Oversee and manage the development and maintenance of the infrastructure for data tracking.
  • Oversee the regular production of reports/dashboards tracking group activity and progress.
  • Lead the development of best-in-class resources tools and collateral to promote the value proposition for payer messaging and education.
  • Contribute to the development of educational and promotional resources for sales and field reimbursement teams.
  • Regularly assess and communicate coverage developments to internal teams and customers. Prepare and present insights to senior leadership.
  • Leverage advanced analytics and market research to support comprehensive payer and pricing strategies.

Education and Experience Requirements

Required:

  • Bachelors degree in business healthcare administration health policy health economics or a related field required.
  • Minimum 8 years of experience in the pharmaceutical biotech or medical device industry with significant exposure to market access payer relations and reimbursement roles.
  • Minimum of 5 years in leadership roles managing payer negotiations and strategy.
  • Demonstrated track record of success in developing and executing payer strategies including product launch experience and deep understanding of U.S. healthcare systems and regulatory environments.
  • Demonstrated expertise in the influencing clinical policies of health plans for medical devices in the hospital and outpatient environments.
  • Strong knowledge of fee-for-service payment systems coding (HCPCS/CPT ICD-10) and managed care contracting.
  • Established relationships with key decision-makers at commercial insurers Medicaid Medicare and provider networks.

Preferred:

  • MBA or masters degree in healthcare administration health policy or related field
  • Market access experience with cardiovascular therapies
  • Market access experience with digital technologies
  • Experience with first-in-class therapies and medical technologies
  • Advanced knowledge of health economic methods (cost-effectiveness budget impact analysis) and clinical evidence development strategy

Skills and Competencies

Leadership:

  • Proven leadership and team management capabilities including building cross-functional partnerships and motivating high-performing teams
  • Ability to set goals prioritize tasks and deliver on objectives under tight timelines
  • Comfortable leading in ambiguous fast-paced environments and shaping strategic direction
  • Strong results orientation bias for action and relentless focus on quality in line with the Medtronic Mission

Communication:

  • Excellent verbal and written communication skills including the ability to present complex information to executive audiences and external stakeholders.
  • Ability to write business correspondence internal reports and payer messaging materials.
  • Presentation skills in front of larger groups or conferences.

Analytical Skills:

  • Advanced analytical reasoning and ability to interpret data analyses and clinical evidence.
  • Expertise in scenario analysis and economic evaluation of market access strategies
  • Ability to generate ideas find solutions and drive collaborative outcomes.
  • Proven project management skills and attention to detail.

Relationship Management:

  • Strong networking and relationship-building skills with a variety of stakeholder including payers physicians advocacy organizations and internal stakeholders.
  • Proven ability to collaborate within a matrix environment and influence peers teams and management.

Technical:

  • Expertise and comfort with Microsoft Office applications including Office 365 Teams OneDrive (cloud-based collaboration applications) and
  • Ability to quickly learn new software applications and telecommunications platforms as needed.

Travel Requirements

  • Expect 25% travel with occasional periods requiring greater travel for meetings conferences and payer engagement.

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):$248000.00 - $372000.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

This position is eligible for an annual long-term incentive plan.

The base salary range is applicable across the United States excluding Puerto Rico. Base pay is based on numerous factors and may vary by job-related knowledge skills experience etc. 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 insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition 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 matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-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 95000 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 addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.


Required Experience:

Exec

We anticipate the application window for this opening will close on - 1 Oct 2025At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected co...
View more view more

Key Skills

  • Microsoft Access
  • SQL
  • Analysis Skills
  • Microsoft Powerpoint
  • Securities Law
  • Data Mining
  • Investment Banking
  • Market Research
  • Microsoft Excel
  • Visual Basic
  • Bloomberg
  • Data Analysis Skills

About Company

Company Logo

About Medtronic Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an excit ... View more

View Profile View Profile