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Pricing Analyst
JTI Raleigh, NC
$69k-84k (estimate)
Full Time | Business Services 3 Days Ago
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JTI is Hiring a Pricing Analyst Near Raleigh, NC

We’re JTI, Japan Tobacco International and we believe in freedom. We think that the possibilities are limitless when you’re free to choose. In fact, we’ve spent the last 20 years innovating, creating new and better products for our consumers to choose from. It’s how we’ve grown to be present in 130 countries.
But our business isn’t just business. Our business is our people. Their talent. Their potential. We believe when they’re free to be themselves, grow, travel and develop, amazing things can happen for our business.
That’s why our employees, from around the world, choose to be a part of JTI. It is why 80% of employees feel happy working at JTI. And why we’ve been awarded Global Top Employer status, ten years running.
So when you’re ready to choose a career you’ll love, in a company you’ll love, feel free to #JoinTheIdea.
Learn more jti.com
Local Applicants Welcome.
Department Marketing & SalesLocation Raleigh, North CarolinaReporting to Portfolio & Pricing Strategy ManagerRole Permanent, local contractPricing AnalystAbout The RolePricing Analyst will be responsible for developing performance analytics for specific price promotions to help better understand how each promotion impacts JTI business. The incumbent will work closely with sales & marketing leadership team, along with Commercial Operation team by providing high quality market analysis and insights to help identify business opportunities to achieve company's business objectives. The incumbent will mainly utilize data sources such as TME, MSAi, Power BI and stores scan basket data provided by 3rd party. Key objective will be focused on timely and accurate data analysis, and other support for Portfolio & Pricing Strategy and leadership teams.
What You Will Do
  • Analyze and interpret marketplace conditions using high level data, and make recommendations on key opportunities to grow volume and distribution based on key competitor brands (KCBs) and source of business (SOB) performance in each market;
  • Analyze RMC performance of specific trade programs to identify the best opportunities for optimization by working closely with sales and marketing team on a regular basis;
  • Utilize market insights from marketing & sales teams and develop robust monthly business overviews by analyzing RMC performance in different trade channels and geos;
  • Follow up timely and provide effective production of all monthly reporting’s to Portfolio & Pricing strategy team to ensure proper actions to be taken for continued business improvement and strategic utilization of company’s resources;
  • Utilize price elasticity analysis to determine optimal rate of return from varying promotional discount levels by state and development resource allocation recommendations;
  • Manage various tasks and projects as they arise and upon manager’s request.
Who We Are Looking ForA dynamic, passionate, and result-oriented person, with
  • 2-5 years of data research & analysis experience primarily within Consumer Packaged Goods or FMCG marketing and sales functions.Experience with Nielsen, IRI, Basket and MSAi data a plus;
  • Bachelor’s Degree;
  • Fluency in English with excellent verbal and written communication skills;
  • Solid analytics background with strong proficiency in analysis with vision, large data set manipulation and consolidating multiple sources of data into coherent research results;
  • Basic working statistical knowledge is a must;
  • Excellent computer skills & expert proficiency within Microsoft Excel and Powerpoint.
What We OfferIn JTI USA, we are proud to be recognized as Top Employer and awarded the Global Equality Standards certificate as we continue our dedication to equal pay and equal opportunities.
Our culture is what makes JTI USA a fun and exciting environment to work in. We value integrity, trust, empowerment, and freedom - freedom of choice, freedom of thought, freedom of expression, and freedom to be yourself.
We ask for accountability, ownership, results, and collaboration.
And we care for our people's well-being - In addition to the salary, you might want to enjoy the following
  • Annual Performance based Bonus
  • Employee Stock Purchase Plan
  • Personal Development
  • Medical/ Dental & Vision Plan for employee & family members.
  • Life insurance
  • Matching 401(K)
  • Paid Time Off (PTO)
  • Paid Family Leave of 20 Weeks
  • Short-Term & Long-Term Disability
  • Education/ Tuition Assistance
  • Flexible Dress Code
  • Hybrid Work Setup
  • Snacks & Drinks
  • Office Parties
  • Volunteering Activities
  • Employee Assistance Program - counseling, for employees & family members.
In addition to other perks & benefits (i.e. fitness/ wellbeing activities, employee discounts, service awards, recognition program, etc.)

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$69k-84k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

08/11/2024

WEBSITE

jtiinc.net

HEADQUARTERS

BLOOMINGTON, IN

SIZE

25 - 50

TYPE

Private

CEO

JEFFREY A THINNES

REVENUE

$10M - $50M

INDUSTRY

Business Services

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The job skills required for Pricing Analyst include Pricing, Analysis, Insight, Leadership, Written Communication, Integrity, etc. Having related job skills and expertise will give you an advantage when applying to be a Pricing Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Pricing Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Pricing Analyst positions, which can be used as a reference in future career path planning. As a Pricing Analyst, it can be promoted into senior positions as a Competitive Pricing Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Pricing Analyst. You can explore the career advancement for a Pricing Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Pricing Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Pricing Analyst job description and responsibilities

Pricing analysts understand business trends and market values for the products and services their organizations offer.

03/24/2022: Virginia Beach, VA

Pricing analysts help determine what prices to set and whether current rates need adjustment.

02/05/2022: Denver, CO

Pricing analysts conduct research to learn the history of the product and previous market trends.

02/24/2022: Lafayette, LA

Pricing analysts collaborate with organizations that employ some form of a recurring revenue model to test various hypotheses about the efficacy of existing and proposed business models, pricing and packaging structure, and general market behavior.

03/14/2022: Boca Raton, FL

Heavily quantitative role focused on guiding management through developing pricing policies.

03/05/2022: Helena, MT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Pricing Analyst jobs

Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

04/10/2022: Fayetteville, NC

Students and new graduates can usually gain the necessary experience through a junior pricing analysis or finance position.

01/21/2022: Springfield, IL

Use pricing models to measure product profitability.

03/27/2022: Pittsfield, MA

Undertake ad-hoc pricing analysis as required by superiors.

03/02/2022: Boulder, CO

Therefore, to better understand changing price points, businesses should conduct new pricing-sensitivity study and market price tests right away.

03/12/2022: Hopkinsville, KY

Step 3: View the best colleges and universities for Pricing Analyst.

Butler University
Carroll College
Cooper Union
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Princeton University
Providence College
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