Pricing Analyst

Thermo Fisher Scientific • Madison, WI

1d • $54,000 - $80,000

About The Position

Analyst specializing in Commercial Analytics & Pricing Thermo Fisher Scientific Inc. leads the science industry, generating over $42 billion in annual revenue. Our goal is to help customers improve global health, environmental cleanliness, and safety. We assist with life sciences research, analytical problem-solving, diagnostics, therapies, and laboratory efficiency. Our diverse team of 120,000 colleagues provides cutting-edge technologies, easy purchasing, and pharmaceutical services under renowned brands like Thermo Scientific, Applied Biosystems, and Fisher Scientific. Thermo Fisher Scientific values' diversity in its workforce. Visit www.thermofisher.com for more details. Position Summary: In the Analytical Instrument Group (AIG), the Commercial Analytics & Pricing Analyst is responsible for enhancing commercial analytics and pricing capabilities by developing sophisticated analytics tools and dashboards to provide valuable business insights for the AIG commercial teams. The role requires technical expertise, experience with large data sets, and effective communication skills for collaborating with partners across many different functions.

Requirements

• BS or MS Degree in Math, Statistics, Computer Science, Data Science, or a related field.
• Excellent analytical and problem-solving skills, with experience in building data models.
• Proficiency in Excel, SQL, and Power BI.
• Strong presentation skills and the ability to articulate sophisticated data models and business problems.
• Ability to work across a matrix organizational structure and effectively influence business partners.
• Self-motivated, able to drive actions to completion with intensity and ownership.
• Enthusiastic about diving into business and data analytics/science.
• Ability to travel (~10%).

Responsibilities

• Collaborate with Division Commercial and Finance teams to develop data analytics, models, and dashboards to derive insights, track commercial performances, and assess funnel health.
• Harness data analytics/science tools (e.g., gene.ai) to empower commercial teams in identifying new leads, cross-selling opportunities, and market trend shifts.
• Translate business challenges and opportunities into quantitative analyses to uncover actionable patterns and insights.
• Provide expertise in price setting, discount adjustments, and promotion design, ensuring thoughtful tradeoffs between price and volume to drive share gain and volume uptick.
• Deliver regular pricing reports and implement tools to guide business partners in making informed decisions, while analyzing market trends, opportunities, and risks.
• Lead business reviews emphasizing pricing insights and strategies, ensuring efficient market positioning and potential improvements.
• Ensure data quality and readiness, handling tasks like data clean-up, integration, transformation, and validation.
• Craft use cases, develop mock-ups, and refine tools based on iterative business feedback.
• Lead all aspects of user acceptance testing (UAT), tool demos, and training sessions.

Benefits

• Our compensation package includes competitive salaries, an annual incentive bonus plan, 401K with a contribution from the company, tuition reimbursement, and various other employee benefits!
• We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes: A choice of national medical and dental plans, and a national vision plan, including health incentive programs Employee assistance and family support programs, including commuter benefits and tuition reimbursement At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount
• For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards

What This Job Offers

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