Strategic Pricing Business Partner

nVent • Anoka, MN

1d • $105,000 - $195,000 • Hybrid

About The Position

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions. This is a hybrid role, working onsite 4 days/week in Anoka, MN.

Requirements

• Bachelor's degree required; degree concentration in Business, Marketing, Finance, Economics, Engineering, Computer Science, or a related field is preferred.
• 5+ years of experience analyzing data in pricing, sales, finance, or marketing required.
• Ability to facilitate meetings and negotiate solutions with individuals that may have differing goals and strong opinions.
• Knowledge performing competitive analysis, data-driven decision-making, market price benchmarking and price volume mix analysis.

Nice To Haves

• Experience in the electrical industry is a plus.
• Experience working in a global pricing team and a distribution go-to-market environment highly preferred.
• Experience collaborating with global pricing teams and key partners is highly preferred.
• Experience with software such as Snowflake, Tableau, SQL or PowerBI preferred.
• Experience with PriceFx, Tacton, and ERP advanced pricing module preferred.

Responsibilities

• Lead development and deployment of commercial pricing tools, PriceFx, Tacton, AI-enabled tools and dashboards.
• Manage end-to-end pricing data to ensure accurate and desired automation results.
• Design, implement and monitor pricing policies for all products and sales channels.
• Develop and deploy pricing training and communication tools, ensure pricing policies and procedures are adhered.
• Managing customer price agreements in collaboration with sales leaders and legal teams.
• Collaborate with business leaders to recommend pricing strategies and models based upon current business and competitive global dynamics.
• Perform product and customer profitability analytics through effective price action on customer accounts.
• Apply pricing data analytics, including target price guidance logic, data-driven recommendation of DOA thresholds, regional price variability recommendations, competitive indexing, price waterfall model and cost-to-serve analysis.
• Monitor price performance metrics and perform periodic price analysis for product lines, regions, customers.
• Implement various price strategies in global environment, including global contracts, price leader vs price follower, mature growth market vs penetration growth market strategy.
• Join a dynamic pricing team that is on a digital pricing transformation journey.

Benefits

• Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.
• A 401(k) retirement plan and an employee stock purchase plan — both include a company match.
• Other supplemental benefits may include tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level