Pricing Strategy Analyst Job Description

Pricing Strategy Analyst Job Description

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Pricing strategy analyst provides telephone and hands-on technical support to corporate office and remote users running Microsoft Windows 7 operating systems, Microsoft Office Suite and a large number of various other applications.

Pricing Strategy Analyst Duties & Responsibilities

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

Sample responsibilities for this position include:

Evaluate growth opportunities through analysis of market potential, customer needs, and competitive landscape
Support and lead elements of global pricing strategy development and refinement, including global pricing opportunity identification and pricing change planning, including systems readiness, communication planning and compliance monitoring
Manage aspects of rate change opportunity vetting, socialization and forecasting, including but not limited to business case and stakeholder impact assessment development around all proposed new fees/services and/or rate modifications
Support the prioritization of corporate strategic initiatives, and evaluate investment opportunities for their strategic and financial value
Provide post mortem analysis for pricing initiatives to stakeholder teams
Executes complex and comprehensive analyses to support the development of short-term pricing moves and long-term pricing strategy recommendations that drive value creation and deliver on Hershey’s U.S. Sweets, Refreshment, and Grocery/Snacks portfolio/brand business objectives (e.g., share vs
Analyzes brand price positioning and impact of price gaps in order to optimize pricing vs
Analyzes pack size ratios in order to establish effective pack/price curves, also investigating creation of new packs to address channel and/or occasion-based white-space opportunities
Monitors in-market pricing in order to proactively identify, and therefore minimize, opportunities for, or instances of, marketplace disruption
Assists in the development of pricing strategy recommendations for new products

Pricing Strategy Analyst Qualifications

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

Licensing or Certifications for Pricing Strategy Analyst

List any licenses or certifications required by the position: TUV, MBA, CMA, CPA

Education for Pricing Strategy Analyst

Typically a job would require a certain level of education.

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

Skills for Pricing Strategy Analyst

Desired skills for pricing strategy analyst include:

Microsoft Excel and Microsoft PowerPoint
Vendavo pricing software
Business partnership and process improvement
MS Office suite of software
SQL
Microsoft Office suite of products
SAP Financial Systems
Analytics
Brand Finance
Healthcare systems and industry practices in Saudi Arabia with a proven track record of successful execution

Desired experience for pricing strategy analyst includes:

Use of telephone – throughout the workday as needed to conduct business
Assists in the development, management, and execution of performance management processes, including standardized KPI reporting for planning and business review purposes
Strong knowledge of syndicated data
Strong working knowledge of SAP is a plus
Experience in Finance, Marketing, Sales, or analytical function (e.g., Category Management
Familiarity with Consumer Packaged Goods industry customer base and working knowledge of retail merchandising and in store execution tactics preferred

Pricing Strategy Analyst Examples

1

Pricing Strategy Analyst Job Description

Job Description Example
Our company is looking for a pricing strategy analyst. 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 analyst
  • Fix / Action (IT changes / channel training)
  • Implements new processes, process improvements, and best practices related to Medicare Part-D bid optimization, competitive intelligence, and CMS Plan-finder evaluations
  • Collaborates with other departments as subject matter expert on Medicare Part-D pharmacy pricing
  • Supports multiple internal levels of management in the analysis and evaluation of initiatives, projects, and issues
  • Tracks and prioritizes projects through coordination and negotiation with internal clients
  • Maintain models that remain up to date with local market and global demands
  • Provide pricing and financial guidance to sales, relationship staff and travel management as required
  • Assist in the identification and research of issues that impact pricing/profitability as identified in client tenders, by sales or relationship management or business management as requested
  • Conduct market analysis and pricing research to support growth / expansion strategies
  • Develop, maintain and track key performance indicators for pricing and trade
Qualifications for pricing strategy analyst
  • Experience with pricing systems and tools (incl
  • 3 years (Analyst Sr level) or 5 years (Mgr level) experience with Pharmacy Benefits Management (PBM), pricing, data analysis
  • Bachelor’s degree with accounting, finance, or business concentration required
  • Refined skills with MS Office
  • High proficiency in Microsoft Office (Excel, PowerPoint, Word)
  • Bachelor’s Degree in business related or analytical discipline required
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Pricing Strategy Analyst Job Description

Job Description Example
Our company is searching for experienced candidates for the position of pricing strategy analyst. 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 analyst
  • Develop a deep understanding of financial and strategic objectives and key drivers of the business while developing the mechanisms and processes to communicate these metrics to leadership
  • Help the company develop a deeper understanding of the pricing and promotional activities that it executes, and provide recommendations on how to maximize efficiency
  • Provide ad-hoc business modeling for long-term strategic planning, short-term high level targets and other business activities
  • Maintain relationships with stakeholders in all departments, including Finance, Sales, Marketing, Manufacturing, Research & Development, Supply Chain
  • Bring a strong work ethic and positive attitude to your responsibilities every day
  • 10%- Collaborate with brand leaders cross functional personnel to develop and implement revenue and/or margin driving strategies, focusing on pricing as a lever
  • Contribute to the efficient achievement of both short and long-term portfolio objectives (Contain hardware spend within budget/targets while achieving gross subscriber addition budget/targets)
  • Conduct research and analysis to help determine appropriate strategies and tactics for the portfolio to drive financial results (pricing, promotion and positioning)
  • Monitor & track competitor device pricing activity for changes and identification of pricing gaps
  • Develop and execute strategic programs to achieve financial objectives by assessing concepts, developing documentation, coordinating deployment and implementation, communicating with internal and external partners, managing costs and analyzing results
Qualifications for pricing strategy analyst
  • Demonstrates high level of personal credibility
  • Experience working in a multi-national company will be a strong asset
  • Strong understanding of financial systems, particularly IDN, a plus
  • 3+ years of relevant experience in consulting, business strategy, product marketing, or pricing required
  • Comfortable working with large data set and business forecast / modeling
  • Experience running market or pricing research, including conjoint and other direct pricing studies
3

Pricing Strategy Analyst Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of pricing strategy analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for pricing strategy analyst
  • Ensure all program execution documentation and reporting is accurate, reasonable, comprehensible, and completed in a timely manner
  • Develop and maintain reports required to monitor the performance and trending of our portfolio
  • Provide management with information on which to base decisions by analyzing the data, recognizing opportunities and recommending improvements to our current portfolio
  • Gathers and interprets project requirements, determines if data source(s) exist, or if new ones need to be created
  • Leads projects from beginning to end, managing and determining what resources will be needed, fully understanding all stakeholder deliverables and expectations
  • Uses data analysis to provide unique insight to company leaders as to the changes in business trends
  • Perform data mining, cleansing, and manipulation activities
  • Identify data/data quality requirements needed for thorough analysis
  • Perform advanced statistical analysis to evaluate critical areas for improvement, including price setting and revenue optimization, pricing governance and compliance, and strategic alignment with channels, brands, and customer segment strategies
  • Leverage scorecards to evaluate the adoption and impact of various price strategies and levers
Qualifications for pricing strategy analyst
  • Global/multi-national business experience preferred
  • Strong understanding of pricing theories and analytical methodologies, experience optimizing packaging and pricing for internet / SaaS / Software businesses a strong plus
  • Strong quantitative and analytical skills - the individual must be able to follow detailed instructions to perform complicated financial analyses, determine basic analyses required to support trade and pricing decisions (i.e., structure the problem, collect data, identify issues and present results)
  • Leading execution of pricing changes
  • Working with Risk and Operations partners to develop criteria and controls
  • Developing monitoring tools to ensure effectiveness
4

Pricing Strategy Analyst Job Description

Job Description Example
Our company is growing rapidly and is hiring for a pricing strategy analyst. 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 analyst
  • Own key inputs to setting and evaluating the company’s Pricing strategy -- evaluation of performance, ROI analysis, competitive benchmarking, feedback from Sales
  • Develop reporting to keep a pulse on pricing performance
  • Project manage the cross-functional team to operationalize new pricing models or pricing for new features
  • Conduct analysis to evaluate the effectiveness of current Field initiatives, drive Field decision-making and prioritize Field initiatives
  • Help drive key Field initiatives from conception to completion
  • Conduct periodic audits of pricing initiatives
  • Supporting the E2E development of new merchant pricing capabilities alongside multiple, global business partners including Technologies and GMS
  • Using creativity and innovation to identify new pricing constructs and solutions in response to our dynamic, competitive environment
  • Partnering with the regional Pricing teams, World Service and the Client Management & Sales organizations to implement strategic initiatives
  • Ensuring the integrity and control of pricing for over 5MM merchants worldwide on all components of merchant pricing, including rates, fees and other terms
Qualifications for pricing strategy analyst
  • Build and maintain close working relationships with key business partners to ensure programs and processes are executed effectively and efficiently
  • Contribute to delivering on team goals and promoting teamwork within the group
  • Bachelor's Degree in computer science, math, engineering or equivalent work experience in analysis or strategy would be an asset
  • Develop financial models and conduct analysis that supports the Department’s initiatives
  • Partner with multiple teams and markets to advance the identification of solutions
  • An undergraduate business/commerce degree
5

Pricing Strategy Analyst Job Description

Job Description Example
Our company is growing rapidly and is hiring for a pricing strategy analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for pricing strategy analyst
  • Opportunity to work in a varied and challenging role
  • On our team
  • Support the Manager, Pricing Strategy in formulating pricing strategic analysis and decision making by analysing home lending market & competitor trends
  • Analyse multiple sources of data to support logical, well-reasoned pricing recommendations using portfolio insights, performance analysis and post implementation reviews
  • Implement with speed and efficiency to ensure initiatives are delivered on time and to a high quality
  • Cooperate with pricing manager, BUs, reimbursement department on setting prices, price floors and approval levels for CVG, RTG and Diabetes business groups in Eastern Europe
  • Price list and TAPS (Target and Approval Price Setting) review with regional BU directors and headquarters
  • Support pricing governance (proper price approval workflow)
  • Ensure SOX compliance in pricing (price reviews, manual price overrides)
  • Rebate contract reviews with regards to commercial aspects and dominant player legislation
Qualifications for pricing strategy analyst
  • Self-starter with the ability to quickly learn and understand concepts, multi-task, investigate issues, solve problems, promote efficiency/automation, make decisions, manage processes, and work independently with minimal supervision
  • Proven ability to exercise a high degree of business judgment and sound reasoning
  • Strong proficiency with Excel, PowerPoint, Access and Word
  • Technical aptitude with regard to wireless products and technologies
  • Enthusiasm and passion for business is a must!
  • MS Office Specialist (MOS), a plus

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