Pricing Job Description

Pricing Job Description

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Pricing provides regular and ad hoc pricing analysis and reporting for management, through Excel, Qlik and other software programs.

Pricing Duties & Responsibilities

To write an effective pricing job description, begin by listing detailed duties, responsibilities and expectations. We have included pricing job description templates that you can modify and use.

Sample responsibilities for this position include:

Developing dynamic pricing equations and models for those pricing segments by using statistical methods and tools like R, SAS
Develops appropriate Pricing Policies and Procedures and pricing training manuals
Assist in multiple concurrent pricing projects from business requirements development through project implementation
Creating, executing, and evaluating pricing tests to arrive at price elasticity, cross price elasticity, competitive response for different product categories, segments, micro-segments
Strategic development of pricing models that reflect customer demand and achieve the targeted yield improvement for each event
Distribute, maintain and enhance rate sheets and external pricing in a timely and accurate manner
Analyze market dynamics, pricing trends, and market opportunities
Performing activities related to customer pricing such as bid requests, price exceptions and RFP's
Submitting pricing recommendations and proposal to manager with completed profitability analysis
Monitoring the Siebel approval process of contracts and pricing to ensure timely customer response

Pricing Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Pricing

List any licenses or certifications required by the position: SCEA, CAAS, CPA, APICS, PMP, CMA, SD, SAP, ACCA, MBA

Education for Pricing

Typically a job would require a certain level of education.

Employers hiring for the pricing job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, Economics, Accounting, Mathematics, Marketing, Education, Statistics, Engineering, MBA

Skills for Pricing

Desired skills for pricing include:

Excel
SQL
Computer systems and comfortable using them
Microsoft Excel
MS Excel
SAS
PowerPoint
Pricing
3 Aces and a King
So they are available

Desired experience for pricing includes:

Bachelor’s degree in business administration, project management, or MIS
Ability to drive and direct meetings with exceptional analysis and quantitative data is a must
Ability to write business requirements is strongly preferred but not required
Works independently with minimum management supervision
Works to understand all major SuperTrump calculations, self motivated in study of proof calculations, working toward the ability to concisely communicate what the metrics represent
Provide detailed monitoring and insights in benefit outlay trends and reasons for deviations from expectations

Pricing Examples

1

Pricing Job Description

Job Description Example
Our innovative and growing company is looking for a pricing. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for pricing
  • Lead pricing analysis, insight and recommendations into iD mobile out-of-bundle & premium number pricing to drive CLV & better P&L outcomes
  • Provide pricing analysis and coordinate analysis impacts between the pricing team, commercial finance team and iD mobile propositions team
  • Contribute to market research and insight activity around pricing, including analysis of the impact of competitor pricing initiatives
  • Leads the development of strategic pricing programs
  • Develops and makes recommendations on network optimization pricing strategies and tactics that effectively utilize system capacity and infrastructure
  • Performing analysis to identify current pricing and sales performance validating price opportunities for all channels
  • Analyzes sales and margin performance and interprets customer and competitor behavior to provide guidance and recommendations for strategic pricing at the SKU, category, department, and Buying Team level across assigned categories, channels and sales types
  • Collaborate with solution owners and partners, competitive intelligence team, PMO, Pricing Analytics and Operations partners
  • Lead (with the help of our partner ABUs) packaging and establishment of list pricing for new innovations (based on strategies)
  • Conduct branch pricing reviews / branch audits, specifically looking at 1) customer segmentation, 2) price matrices, 3) SPA utilization & renewal process 4) override rates
Qualifications for pricing
  • Strong data modeling and/or statistical analysis skills
  • Experience in Finance or Business Development role
  • Demonstrated experience translating complex data and analyses into high-level strategic insights and recommendations
  • Recent and measurable success at leading large-scale, cross-functional change
  • Experience leading cross-functional teams with both direct and indirect managerial responsibilities
  • Business or Economics graduation degree or similar required
2

Pricing Job Description

Job Description Example
Our growing company is hiring for a pricing. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for pricing
  • Prepare analysis for discretionarily-priced customers and analysis of current contract customers for review to suggest pricing strategies
  • Designs and performs timely price analyses and develops high impact pricing tools, templates and models
  • Understand all pricing programs and ensure their accurate, consistent implementation
  • Troubleshoot pricing anomalies and inconsistencies
  • Maintains current knowledge of relevant pricing procedures and practices
  • Confirm pricing is within thresholds set by FMMs, Bulk BLM and Sr
  • Manage pricing communication implementation of new price changes by ensuring that websites and T&Cs are updated to reflect new price changes
  • Own tariff & pricing configuration documentation
  • Anticipate potential pricing evolutions in the UK market leveraging Market Insight analysis and international benchmarks
  • Experience in a commercial or pricing role
Qualifications for pricing
  • Excellent mathematical skills with ability to apply concepts of profitability and statistical inference to practical situations which guide better financial decisions
  • Computer skills including advanced excel, spreadsheet and macros
  • MS Excel, Access, and SharePoint
  • Experience with relational databases data reporting and mining applications
  • Experience with SAP or other financial tools
  • Experience with CRM tools such as Salesforce a plus
3

Pricing Job Description

Job Description Example
Our growing company is looking to fill the role of pricing. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for pricing
  • Provides for efficient organization of pricing office
  • Determines and recommends optimal, progressive clearance markdowns with consideration of clearance markdown strategy, budget and timing to VP/DMMs and Buying Teams
  • Investigates price discrepancies
  • Assist in the implementation of corporate initiatives such as the small order buyout program, improving rates on special orders
  • Prepare sales data reports to identify profit opportunities
  • Track margins on TPM CP and Bulk business
  • Add value (improve profitability wins rates) through review all quotes submitted on the workbench for US and Canada
  • Implement necessary regulatory changes whilst continuing to drive value for iD P&L
  • Develop necessary relationships with carrier, government and regulatory bodies
  • Excellent analytical skills incl
Qualifications for pricing
  • Deep industry knowledge of the general insurance business and its regulatory environment
  • Strong leader with a track record of attracting, developing and growing talent
  • Candidates must have a bachelor’s degree in business, operations, mathematics, economics or a scientific field
  • Strong communications skills, both written and verbal the ability to interact with all levels of management
  • May involve travel, carrying travel items, and long periods (6 or more hours) of sitting at a desk / computer
  • Bachelor’s degree and at least 5 years of data analysis, data modeling, or pricing analysis experience
4

Pricing Job Description

Job Description Example
Our innovative and growing company is hiring for a pricing. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for pricing
  • Identify and research pricing issues
  • Identify solutions for process improvements for pricing and inventory functions
  • Provide operational pricing and inventory support to entire organization
  • Providing analytical support for in-depth strategic pricing projects for specific business segments/product lines
  • Part Time Customer Care Officer/G852/82756/1
  • Energy industry background would be helpful
  • Be a clear and confident communicator
  • Analytical, with both an eye for detail, the ability to see key trends
  • Works with Marketing Channel Leads, Sales, Operations, and Finance to develop, implement and maintain product price strategies/tools, including segment strategies for the various markets and channels
  • Understand contract negotiations and bids proposal development
Qualifications for pricing
  • Bachelor’s degree in Finance, Business Administration, Economics or other relevant field
  • 2+ years of strategy, or Pricing and Packaging experience
  • A self-starter, able to take initiatives and think out-of-the-box to find optimal solutions
  • Strong analytical profile with high attention to detail
  • Experienced user of Microsoft Office tools with very strong Excel skills
  • Multitasking and flexibility are part of the daily job
5

Pricing Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of pricing. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for pricing
  • Ensures that prices are correct and that they go into effect in a timely and consistent manner
  • Communicates and resolves price discrepancies and scan error forms with department managers, vendors and cashiers
  • Makes and/or enters changes in computer systems, shelf tags
  • Coordinates and conducts displays, competitive ads, coupons, and in-store deal price changes
  • Verifies for accuracy in price on shelf and display, returns shelf and display to regular price when needed, updates computer files on PC and completes reports
  • Ensures new items are priced accurately and all necessary data is entered into computer files
  • Ensures that new items are flagged for tax, food stamps, accurate description and department
  • Communicates effectively with all vendors
  • Coordinates and performs proper signage
  • Ensures price check calls are responded to in a timely and consistent manner
Qualifications for pricing
  • Possess a firm understanding of Government business practices with a background in accounting or finance · Experience with producing and presenting pricing review material in professional work environment to senior management
  • Strong knowledge of Excel – formulas
  • English required, additional European languages a plus
  • Applicant must reside in EMEA region, limited travel
  • University degree in economics, marketing, business, pricing strategy or related curriculum
  • Currently pursuing a Bachelor’s or Master’s degree in Finance from an accredited university

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