Pricing Analyst
About The Position
Under limited supervision, responsible for analysis of the pricing of goods and services in order to stay competitive in the market. Operates independently and may provide guidance to others. Conducts market research and makes recommendations regarding pricing policies. Maintains historical pricing data on the organization and its competitors. Uses internal cost information to help analyze competitive pricing of products or proposed cost reductions. Analyses market trends and competitor data to forecast pricing models. Provides insights on the impact of pricing changes on growth rates and profitability. Performs analysis to understand customer price sensitivity and the impact of pricing changes to the business. Works with product management and field sales management on price development. May prepare profitability analysis for incremental sales opportunities. May develop historical pricing reports.
Requirements
- Requires a bachelor's degree or an equivalent combination of education and experience.
- Requires at least 5 years related experience.
- Requires strong mathematical and analytical abilities.
- Require understanding of financial data, competitive markets and pricing dynamics.
- Requires knowledge of competitor products.
- Must have knowledge of SAP query design, and Microsoft Office including advanced knowledge of Microsoft Excel and Access.
- Must be effective in written and verbal communication.
Responsibilities
- Analysis of the pricing of goods and services
- Conducts market research and makes recommendations regarding pricing policies
- Maintains historical pricing data on the organization and its competitors
- Uses internal cost information to help analyze competitive pricing of products or proposed cost reductions
- Analyses market trends and competitor data to forecast pricing models
- Provides insights on the impact of pricing changes on growth rates and profitability
- Performs analysis to understand customer price sensitivity and the impact of pricing changes to the business
- Works with product management and field sales management on price development
- May prepare profitability analysis for incremental sales opportunities
- May develop historical pricing reports
Benefits
- tuition reimbursement
- medical, dental, and vision insurance
- prescription drug coverage
- 401(k) retirement plan
- short-term disability insurance
- 8 weeks paid birthing leave
- 2 weeks paid bonding leave
- life and long-term disability insurance
- 12 days paid time off
- 2 paid well-being days
- 1 paid volunteer day
- 12 paid holidays
- 3 floating holidays per year
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
