Pricing Strategy Job Description
Pricing strategy
provides leadership to global pricing teams in developing, designing, evaluating analytic approaches leveraging Python, R, SAS, and other tools.
Pricing Strategy Duties & Responsibilities
To write an effective pricing strategy job description, begin by listing detailed duties, responsibilities and expectations. We have included pricing strategy job description templates that you can modify and use.
Sample responsibilities for this position include:
Lead business development and revenue model improvement initiatives managing and leveraging core competencies in financial modeling, project planning, project prioritization, stakeholder impact assessment, pricing, analytics, and problem-solving
Develop and implement high level pricing approach and strategy through the activities of the pricing team
Influence organization to achieve the appropriate balance between business line spending/investment governance and deal by deal pricing approval
Responsible for managing the Pricing team, including managing the day-to-day pricing workflow and workload of the pricing analysts
Make strategic recommendations regarding pricing and economics for the retirement plan business based on thorough analysis and understanding of the business and marketplace
Conduct analysis of complex business opportunities and make recommendations for variances to pricing
Coordinate activities of pricing and menu team in proposal process
Develop and assist in the implementation of initiatives of process/workflow improvements and program/policy changes related to pricing efforts
Drive the debit routing deals with the large Acquirers in US and support the US Acquirer Sales team
Evaluate investment opportunities in new markets for strategic and financial value
Pricing Strategy Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Pricing Strategy
List any licenses or certifications required by the position: TUV, SAS, MBA, CMA, CPA
Education for Pricing Strategy
Typically a job would require a certain level of education.
Employers hiring for the pricing strategy job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Finance, Economics, MBA, Marketing, Accounting, Engineering, Statistics, Mathematics, Business/Administration
Skills for Pricing Strategy
Desired skills for pricing strategy include:
SQL
SAS
Excel
Statistical methods and concepts used in pricing modeling and forecasting
Analytics
R
Microsoft Excel and Microsoft PowerPoint
Microsoft Office suite of products
PowerPoint
Python
Desired experience for pricing strategy includes:
Solid understanding of telecommunications landscape
Previous people management a plus
Strong communicator, including experience delivering presentations
Medea affiliate database software knowledge a plus
8+ years of experience in Financial Services – business management with a focus on pricing strategy
Experience in Defined Contributions pricing
Pricing Strategy Examples
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Pricing Strategy Job Description
Job Description Example
Our growing company is looking for a pricing strategy. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing strategy
- Leads the integration, operationalize and execution of pricing decisions with key cross-functional partners
- Develops detailed financial models to analyze existing programs and inform future programs
- Manages ongoing competitive assessments
- Work with the Marketing Director and Other functional Leaders to develop the strategy for mega pursuits aligned to ADI India strategic plan
- Identify new market opportunities & strategy to grow business
- Perform extensive market research to gather market intelligence, competition mapping and overall market outlook
- Develop dashboards that provide insights and visualization of overall business performance relative to KPIs, projections, and historical performance
- Develop sales strategies in tandem with marketing department, work with several function to create Annual and five-year goals and strategies by product category
- Able to Conduct secondary research, including finding information from industry associations, statisticians and marketing experts
- Pricing Management for each product category and periodic in-depth analysis to Identify positive financial outcomes to increase profitability
Qualifications for pricing strategy
- Prior consulting firm experience with a financial services focus strongly preferred
- Master’s Degree in Business from Top Tier Business School preferred
- Possess excellent relationship building skills to interface with a broad spectrum of clients and maintain strong working relationships with business partners and support areas
- Ability to utilize expert knowledge to evaluate services and selling agreements
- Ability to perform complex analysis to identify causes of problems and develop solutions to resolve issues
- Ability to work independently within complex and often ambiguous environments
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Pricing Strategy Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of pricing strategy. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing strategy
- Liaison with several function as well global team to drive pricing management
- Analyze competitors behavior, pricing & positioning strategy
- Conduct Customer Satisfaction Survey & monitor improvement programs
- Lead team of analysts who serve as central resource for Pricing Strategy
- Conduct performance appraisals for direct reports
- Responsible for ongoing evaluation and optimization of team productivity, including the management and monitoring of associate metrics
- Build effective relationships with all relevant internal business partners and stakeholders, such as Corporate Relations, Government Affairs, Medical Affairs, Brand, Global Pricing & Market Access
- Lead or participate, as and when needed and appropriate, in cross-functional or other project teams
- Collaborate with others in MCCO, Commercial Operations, Health Economics, Finance, Government Affairs, in order to fully understand business and financial objectives, legal and compliance guidelines, and external considerations as these relate to the development of pricing and contracting strategies
- Supports manager and other team members in their participation in various Genentech business planning meetings and processes, , Lifecycle Management, Long-range Plan, 3-year brand and 1-year tactical plans
Qualifications for pricing strategy
- Bachelor’s Degree, MBA or CPA a plus
- Minimum 10 years previous experience in financial modeling, pricing, contract interpretation
- Experience with multi-network portfolio organization (Retransmission Consent and National Network distribution agreements)
- Ability to develop content independently and prioritize efforts, resources, and time
- Core competencies in providing recommendations on business decisions in support of performance objectives
- Exceptional decision making abilities based on proven metrics
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Pricing Strategy Job Description
Job Description Example
Our company is looking to fill the role of pricing strategy. 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 strategy
- Develop strategy and pricing as part of the annual announcement cycle
- Ownership of the deal model as it relates to interchange and switch fees
- Develop and maintain tracking mechanisms for key performance metrics resulting from the annual pricing development and deal modeling
- Work with the product managers to ensure pricing is aligned with the strategic direction of the product, delivering appropriate economics to issuers, and providing value to the merchant community
- Create pricing models to be used in deal modeling that will explain and model the relation between asset returns and economic fluctuations
- Manage various complex business and statistical analyses to support effective top-management decision-making regarding pricing related issues, including Regulation II
- Must be a team player and possess excellent problem solving and organizational skills with the ability to negotiate and integrate different viewpoints
- Must be able to make decisions that impact the organization’s credibility, operations and services and present material outside the immediate work function
- Provide targeted price recommendations on seasonal flow and category promo guidance
- Support pricing architecture setting and review
Qualifications for pricing strategy
- University degree in business, marketing or a related area
- 5+ years of progressively advancing experience in a strategic consulting, consumer marketing or similar role
- Experience if defining and executing mid-term strategic challenges in a telecoms environment - ideally in product, segmentation, marketing and pricing areas
- Proven track record of driving projects to solve strategic pricing questions leveraging the individual product and pricing strategy
- Skilled in managing and mentoring a team of strategy experts
- Expertise is implementing best in class/ best practice strategy to drive sustainable long term value, including international benchmarking
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Pricing Strategy Job Description
Job Description Example
Our company is searching for experienced candidates for the position of pricing strategy. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing strategy
- Sizing new commercial opportunities in collaboration with business and strategy teams
- Coordinating closely to support network pricing with Underwriting & Medical Economics teams, on tight timelines
- Developing & maintaining network rate libraries by market
- Modeling the impact on providers from pay-for-performance and other value-based reimbursement programs
- Support of strategic discussions and negotiations with network providers, as necessary
- Support regional sales and finance teams, providing price guidance, reviewing deals, looking for opportunities (elasticity) to improve current and future business
- Support NA leadership team with pricing reports for new product development and financial forecasting
- Lead pricing repositioning during market changes, such as exchange rate fluctuation and taxes changes
- Implement global pricing framework and tools to regional governance
- Track price forecasting accuracy during product lifetime, from concept to end of life
Qualifications for pricing strategy
- Well rounded corporate strategy tool kit
- Expert in create and using strategic frameworks and strategic thinking to solve the pricing questions
- Ability to effectively develop strong working relationships with peer groups and key stakeholders across a large corporate organisation
- Set vision and roadmap for the pricing function
- Structure deals with complex, ambiguous, and potentially charged business issues
- Presentation of strategic plans at the senior leadership level
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Pricing Strategy Job Description
Job Description Example
Our innovative and growing company is looking for a pricing strategy. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing strategy
- Directs and contributes to development and implementation of pricing strategy for new, in-line, and diversified products
- Oversees all contract administration activities of the Specialist responsible for administration of contract terms
- Collaborates with local colleagues (HECOR, Access, Policy & External Affairs, Marketing, Medical) and global colleagues (Global Pricing, Global Marketing and GMAx) to develop pricing strategies that will create a strong value proposition for Canadian payers
- Collaborates with Key Account Managers to execute negotiations strategy and execution of contract terms
- Support process improvement in all pricing and sales processes
- Analyze business and partner insights to optimize monetization and growth
- Support the Leader, Global Alliances Strategy & Pricing to help drive various pricing strategies, including standardization of complex pricing constructs and product packaging recommendations
- Help define research and structured approach to assess meaningful new market opportunities
- Provide research and analysis support for other strategic initiatives such as pricing studies, market evaluations, and competitive assessments
- Assist SVP of Sales & Business Operations in developing institutional HTS workflows, protocols, and procedures
Qualifications for pricing strategy
- Minimum of 4-7 years of experience managing pricing, strategy planning & marketing strategy
- The successful candidate must possess proven strategic, analytical and implementation skills
- An undergraduate degree in a technical or business discipline is required
- He/She should be team player, self-motivated, ability to get work done in deadline with good communication skills
- Working knowledge of Vendavo pricing software is preferred
- Provide pricing analysis to support price adjustment of key products, including providing analysis of influencing factors on price, pricing policy, reimbursement, competitor situation