Pricing Specialist

ABB•Bloomfield, CT

4d•Remote

About The Position

The Pricing Specialist will serve as a key contributor to the implementation of ABB-EL pricing policies and the execution of daily operations. This role involves strategic price negotiations with both product management and the commercial sales team, with responsibility across the Smart Building (SB) and Smart Power (SP) product portfolios. Through disciplined pricing analysis and informed decision-making, the Pricing Specialist will directly influence profitability metrics and NPV outcomes. This position is open to remote candidates located with the United States.

Requirements

Bachelor's Degree from an accredited university or college.
Minimum 2 years of experience in the Electrical Industry and understanding of basic electrical products
Minimum 2 years of experience in a commercial, analytics, accounting or finance related roles.
Proficiency in MS Excel
Strong analytical capabilities with demonstrated ability to break down complex business problems
Excellent written and verbal communication skills in English.
Proven ability to manage multiple priorities, meet strict deadlines, and maintain performance in a dynamic, fast-paced environment.
Candidates must already possess authorization to work for ABB in the US.

Nice To Haves

A degree in BS/BE in Science, Engineering is a plus.
Comprehensive knowledge of residential electrical products and applications
Experience with enterprise systems (SAP, Vistaar, Vistex) is a plus
Demonstrated relationship-building, facilitation, and influencing capabilities
Strong understanding of cost structures, profit margins, financial analysis, sales practices, sales enablement, channel management, and contract and risk management

Responsibilities

Evaluate pricing requests across commercial, industrial, and residential market segments within the SB and SP flow business units.
Develop financial models to assess pricing scenarios and optimize volume, product mix, margin, and pricing outcomes.
Review and approve regional standard and special pricing agreements based on trade area data, market and channel impact assessment, product line strategy, price performance, and profitability metrics.
Partner with commercial sales, business development, and product marketing leadership to assess agreement performance, develop strategies to capture business opportunities, and increase market share.
Utilize available reporting in collaboration with cross-functional teams to monitor channel and end-customer performance metrics, including volume forecasts, say-do analysis, product mix commitments, and profitability tied to pricing agreements.
Leverage business analytics tools to identify and execute opportunities for pricing performance optimization (special projects around cleanup and price optimization).

Benefits

Health, Life & Disability
Choice between two medical plan options: A PPO plan called the Copay Plan OR a High Deductible Health Plan (with a Health Savings Account) called the High Deductible Plan.
Choice between two dental plan options: Core and Core Plus
Vision benefit
Company paid life insurance (2X base pay)
Company paid AD&D (1X base pay)
Voluntary life and AD&D – 100% employee paid up to maximums
Short Term Disability – up to 26 weeks – Company paid
Long Term Disability – 60% of pay – Company paid. Ability to “buy-up” to 66 2/3% of pay.
Supplemental benefits – 100% employee paid (Accident insurance, hospital indemnity, critical illness, pet insurance
Paid Parental Leave
Employee Assistance Program
Health Advocate support resources for mental/behavioral health, general health navigation and virtual health, and infertility/adoption
Employee discount program
401k Savings Plan with Company Contributions
Employee Stock Acquisition Plan (ESAP)
11 paid holidays.
Salaried exempt positions are provided vacation under a permissive time away policy.