Senior Pricing Analyst Job Description
Senior Pricing Analyst Duties & Responsibilities
To write an effective senior pricing analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included senior pricing analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Senior Pricing Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Pricing Analyst
List any licenses or certifications required by the position: CPA, IATA, CMA, ACCA, ISO, FCP, PHS, ASP, BP, AMP
Education for Senior Pricing Analyst
Typically a job would require a certain level of education.
Employers hiring for the senior pricing 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, Business, Accounting, Economics, Engineering, MBA, Mathematics, Marketing, Computer Science, Statistics
Skills for Senior Pricing Analyst
Desired skills for senior pricing analyst include:
Desired experience for senior pricing analyst includes:
Senior Pricing Analyst Examples
Senior Pricing Analyst Job Description
- Development of new metrics to identify trends, tracking and monitoring of pricing performance
- Work closely with Sales, Operations, Demand Planning and Strategy to provide insights and discover opportunities within various customer and business segments
- Lead regular meetings in region across multiple parts of the organization, , hardware and supplies categories, indirect and direct MPS to get latest intelligence and align on key insights
- Collaborate closely with Inside/Outside Sales, Finance, and Product Development teams
- Identify and explain pricing and margin trends
- Act as an integration point between pricing and the business teams
- Develop plans on non-compliance resolution systematically working with IT/Pricing and Merchant teams
- Identify insights leading to profitable growth opportunities, particularly in retail pharmacies, market access and pricing aspects
- Lead process to develop new contract pricing elements and periodically review those already in place
- Own implementation of pricing changes internally with cross-functional teams with distributor partners
- Associate of Casualty Actuarial Society designation (an asset)
- Minimum 5 years of Property & casualty actuarial experience
- Ability to communicate effectively in French and English, both verbally and in writing
- Ability to work effectively during periods of stress
- Ability to make good decisions quickly when the situation so requires
- Autonomous and perseverant
Senior Pricing Analyst Job Description
- Work with Finance and Operations to set and implement pricing rules, structures, discounts
- Value Creation –Drive superior commercial business decision making that supports Brown-Forman’s long term growth strategy
- Project Management of all global and regional pricing-related initiatives
- Schedule global pricing committee meetings and administer process
- Assist with the data gathering, synthesis and analysis required to support pricing strategies and effectiveness
- Assist with the day to day tasks relating to pricing administration
- Provide content for pricing collateral and communications
- Reviews requests for proposals to identify pricing requirements and contractual terms and conditions
- Assists in the development and presentation of price strategy to senior corporate and line executives
- Assists with implementation of price strategy through full cost/price proposal volume preparation
- Experience in Merchant Services industries is a plus
- Accounting experience a MUST
- Commercial experience a MUST
- 10+ years specific business experience (Aerospace/Avionics a plus)
- Ability to organize, work independently, work in teams and deliver projects & work on time
- Solid experience to lead/coordinate across functional groups and divisions
Senior Pricing Analyst Job Description
- The ability to review and analyse industry information and company specific facts and financial statements
- Work with Product Managers to gain understanding of all products and their respective market places so as to make the proper pricing proposals with respect to marketing guidance and business objectives (promotion, one-time discount)
- Identifying customer value drivers by segment for strategic tests
- Translating differential benefits into quantified clinical and economic value
- Updating target price system by driving a change process to set target prices for offerings by segment, channel, and region
- Leading cross functional projects that support revenue growth, risk mitigation and/or operational inefficiencies
- Ad-hoc analysis to support business growth strategies
- High level of inquisitiveness
- Analyze and respond to legislative activities
- Calculate and pay quarterly TRICARE rebates
- Excellent analytical skills and the ability to extrapolate data, interpret, and create course of action
- Experience with data modeling statistical, economics, financial
- Must have strong interpersonal skills, ability to work effectively within a team and across processes, and demonstrable analytical ability
- Ideally 3-5 years FMCG experience with a good mix of financial, commercial and/or marketing skills
- Proven ability to work flexibly and engage cross-functionally and autonomously
- Ability to manage projects, prioritise work and meet strict deadlines
Senior Pricing Analyst Job Description
- Identify, evaluate and arbitrate necessary deviations from pricing strategy as appropriate based on specific customer, market situations
- Manage off-book pricing including Price Assurances (PAs) and contracts to ensure authenticity and broad compliance with strategy
- 3-5 years transfer pricing consulting experience
- Experience with transfer pricing audit support a plus
- Provide analytical rigor for North American sales organization
- Evaluate pricing discrepancies or variances to identify and capture margin
- Develop analytics and strategies to improve the decision making process regarding global pricing approvals and negotiations
- Develop, implement and maintain business unit modeling related to pricing, margins, inventory positions
- Provide 24 hour response to sales team and distributors with product specifications, pricing and product positioning to grow the customer base in the region
- Provide single point of contact for sales back into product marketing and engineering for opportunities requiring special product capabilities, pricing or order codes
- Must have working knowledge of the Federal Acquisition Regulations (FAR)
- Must have excellent cost narrative writing, spreadsheet and word processing skills
- Must have organizational and time management skills and the ability to perform detail-oriented work
- Must be able to work effectively under tight deadlines
- Must be willing to work some extended hours, weekends, or holidays to support proposal timelines
- Ability to distill results from financial analyses into understandable conclusions and prescriptive recommendations for the sales team
Senior Pricing Analyst Job Description
- Price pharmaceutical and biotechnology clinical trials utilizing a proprietary pricing model data driven decision support tools and analytic techniques
- Mentor other members of the Pricing team
- Lead Price Proposal efforts from RFP release through proposal submission to include RFP analysis, preparing clarifying questions related to pricing, developing cost models and preparing cost estimates related to proposed solution for all major contract types (FFP, T&M, cost-plus, IDIQ, etc)
- Present the key pricing highlights, risks, and mitigation to the executive team consisting of CEO, CFO and Group Presidents
- Maintains confidential information and manages the use of this information appropriately
- Builds and executes analytical and process optimization tools for Products & DS Commercial contracts
- Manage the global price lists
- Bidding activity must be maintained in Company global database
- Own and oversee the commissions calculation process
- Audit and enforce Ship & Debit arrangement for compliance with original agreement
- Bachelor's degree in finance, economics, mathematics, business, related field, or equivalent experience
- Ability to meet deadlines, manage multiple tasks/objectives and work in a fast paced environment
- Experience with query language (SQL or related) PREFERRED- not required
- One to two years of pricing related theory and/or analysis experience
- A minimum of 4+ years experience in a finance or consulting function, working with complex deal or financing structures
- Experience in a pricing function is a strong plus