Pricing Analyst or Senior Pricing Analyst

Marvin • Eagan, MN

12h • $70,000 - $98,000

About The Position

As a Pricing Analyst or Senior Pricing Analyst at Marvin, you will play a pivotal role in driving profitable growth through strategic pricing initiatives across all product collections. You will be a key contributor to product launch teams and collaborate closely with cross-functional departments including Product Management, Sales, R&D, Accounting, Marketing, and IT. Highlights of your role Pricing Analyst: Pricing Analysis & Recommendation (60%-time allocation) Develop strategic pricing recommendations for products, options, displays and replacement parts Analyze competitive landscape in terms of key players, price points, pricing strategy, product offering and value differences with goal of identifying opportunities for the Marvin Companies Work closely with Product Manager to understand value proposition of options, products and/or brands to maximize pricing potential for product launches and product lifecycle management Assist in the review and development of cost models to aide in profitability analysis Provide analysis for executive review that ties together pricing strategy, competitive landscape, value proposition and profitability goals Develop data-based analysis to strategically drive profitable growth (25%-time allocation) Actively research opportunities to enhance position in marketplace through strategic pricing Extract and merge data from multiple sources to support analysis Develop analysis and/or recommendations to present to Marketing, Sales & Finance leadership for approval of identified opportunity or for ad hoc requests Maintain Marvin and Infinity price pages and quoting tools (15%-time allocation) Provide accurate pricing details to OMS team to maintain quoting too Senior Pricing Analyst: Develop data-based proposals to strategically drive profitable growth (45%-time allocation) Proactively research opportunities and propose solutions to enhance position in marketplace through strategic pricing Use analytical capabilities to leverage qualitative & quantitative data to advance pricing strategy, tactics, and specific price points Build expertise in the pricing practices and tactics of competitors Develop persuasive pricing recommendations to present to Marketing, Sales & Finance leadership for approval of identified opportunity or for ad hoc requests Pricing Analysis & Recommendation (40%-time allocation) Analyze competitive landscape in terms of key players, price points, pricing strategy, product offering and value differences with goal of identifying opportunities Assist in the review and development of cost models to aide in profitability analysis Provide analysis for executive review that ties together pricing strategy, competitive landscape, value proposition and profitability goals Maintain pricing and quoting tools (15%-time allocation) Maintain accurate pricing documentation Provide appropriate and timely pricing details for CPQ maintenance

Requirements

• Bachelor’s degree required, preferably in marketing, economics, business analytics or mathematics
• 3+ years’ experience in pricing, product management, marketing, sales, or customer service
• Demonstrated experience in thinking critically, and communicating effectively
• Knowledge of complex business principles
• Advanced Excel skills with proficiency in other Microsoft Office programs
• Bachelor’s degree required, preferably in economics, marketing, business analytics or mathematics
• 6+ years’ experience in pricing, product management, marketing, sales, or customer service
• Demonstrated experience in driving profitable growth through strategic pricing decisions
• Ability to effectively communicate (written and verbal) and/or persuade all levels of the organizational as to the why behind the action.
• Extensive experience working with Excel, PowerPoint and business intelligence tools (Qlik, Power BI, Tableau, etc.)

Nice To Haves

• MBA is a plus.

Responsibilities

• Develop strategic pricing recommendations for products, options, displays and replacement parts
• Analyze competitive landscape in terms of key players, price points, pricing strategy, product offering and value differences with goal of identifying opportunities
• Work closely with Product Manager to understand value proposition of options, products and/or brands to maximize pricing potential for product launches and product lifecycle management
• Assist in the review and development of cost models to aide in profitability analysis
• Provide analysis for executive review that ties together pricing strategy, competitive landscape, value proposition and profitability goals
• Actively research opportunities to enhance position in marketplace through strategic pricing
• Extract and merge data from multiple sources to support analysis
• Develop analysis and/or recommendations to present to Marketing, Sales & Finance leadership for approval of identified opportunity or for ad hoc requests
• Maintain Marvin and Infinity price pages and quoting tools
• Provide accurate pricing details to OMS team to maintain quoting too
• Proactively research opportunities and propose solutions to enhance position in marketplace through strategic pricing
• Use analytical capabilities to leverage qualitative & quantitative data to advance pricing strategy, tactics, and specific price points
• Build expertise in the pricing practices and tactics of competitors
• Maintain pricing and quoting tools
• Maintain accurate pricing documentation
• Provide appropriate and timely pricing details for CPQ maintenance

Benefits

• health insurance
• paid holidays
• paid parental leave
• a 401(k) retirement savings match
• $300 annual wellbeing account to spend on what helps you feel happy + healthy
• Better Living Day! (a paid day off to go have some fun)
• Annual profit sharing – recognizing everyone’s contribution to Marvin’s success
• Giving at Marvin – participate in organized volunteer opportunities
• Brighter Days Fund – financial support from your colleagues and the Marvin family during personal hardships

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees