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LHH
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Pricing Analyst
LHH Pittsburgh, PA
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$73k-89k (estimate)
Full Time 4 Days Ago
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LHH is Hiring a Pricing Analyst Near Pittsburgh, PA

Pricing Analyst

Location: Pittsburgh, PA

HYBRID, Full Time

Role Overview:

We are seeking a dynamic and analytical Pricing Analyst to join our team. This role will be pivotal in shaping our pricing strategies and ensuring our products remain competitive and profitable in the market. You will collaborate with various departments to provide data-driven insights and support the financial aspects of our pricing decisions.

Key Responsibilities:

  • Data Analysis & Recommendations: Analyze historical financial data, cost structures, and industry trends to deliver strategic recommendations for pricing decisions.
  • Financial Modeling: Develop financial models to evaluate the impact of various pricing scenarios on revenue, margins, and overall profitability.
  • Collaboration: Partner with finance and operational teams to gather and verify accurate cost data.
  • BI Dashboard Creation: Design and maintain BI dashboards that provide insightful analysis and reporting.
  • Systems Proficiency: Utilize systems like PROS, SPARX IQ, WHITE CUP, and POWER BI to enhance pricing analysis and reporting.
  • Profit Margin Management: Maintain profit margins and ensure price realization aligns with growth objectives.
  • Strategic Execution: Understand and implement divisional and regional pricing strategies to support market share growth and profit targets.
  • Profitability Modeling: Create and sustain complex profitability models using extensive raw data sets.
  • Pricing Strategy: Develop, execute, and govern pricing strategies for both new product launches and existing offerings.
  • Performance Assessment: Provide financial and analytical support to evaluate the performance of current deals and future programs.

Qualifications:

  • Education: Bachelor’s Degree in Business, Finance, Accounting, Data Science, or a related analytical field.
  • Experience: Proven experience in creating BI dashboards and conducting in-depth financial analysis.
  • Technical Skills: Familiarity with pricing systems such as PROS, SPARX IQ, WHITE CUP, and proficiency in POWER BI.
  • Analytical Skills: Strong ability to analyze data, understand cost structures, and identify industry trends.
  • Communication: Excellent communication skills to present findings and recommendations effectively.

How to Apply:

Submit your application via this job post and message Kaysie Young to schedule a time to chat!

LHH is an Equal Opportunity Employer.

Job Summary

JOB TYPE

Full Time

SALARY

$73k-89k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

07/14/2024

WEBSITE

lenoxhill.northwell.edu

HEADQUARTERS

NEW YORK, NY

SIZE

1,000 - 3,000

TYPE

Private

CEO

FRANCK DANZA

REVENUE

$1B - $3B

INDUSTRY

Hospital

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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.

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