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Pricing Analyst
Qorvo Richardson, TX
$75k-91k (estimate)
Full Time | Semiconductor 2 Weeks Ago
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Qorvo is Hiring a Pricing Analyst Near Richardson, TX

Pricing Analyst

Experience Level: Individual Contributor
Job Type: Full-Time
Location:TX - Richardson, US
Requisition ID: 7526

Qorvo (Nasdaq: QRVO) supplies innovative semiconductor solutions that make a better world possible. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including consumer electronics, smart home/IoT, automotive, EVs, battery-powered appliances, network infrastructure, healthcare and aerospace/defense. Visit www.qorvo.com to learn how our diverse and innovative team is helping connect, protect and power our planet.

This person will be an integral part of the team working with the Qorvo Business Groups and Business Unit Management to set pricing strategies and identify new pricing opportunities that drive margin growth for the company with both our direct and distribution customers.

Objectives

  • Interface with the business units and product lines assigned to help develop and execute pricing strategies, negotiation plans, and maintain up to date pricing and tools in support of this effort. Support and collaborate with Sales on all pricing and negotiations.

Responsibilities

  • Work with the Business Units and Product lines to develop and execute pricing strategies tailored to meet their pricing goals.
  • Review and approve price escalations and provide inputs to the pricing strategy based on market trends, product line strategy, and value analysis.
  • Provide analysis of Sales trends including pricing, quotes, discounting behavior, and opportunity execution
  • Research industry, market and competitor trends to effectively position sales proposals to win with maximum profitability.
  • Provide training, methodologies, and guidance on pricing strategy in the market as well as the use of the sales tools.
  • Work with product management to develop and implement product price strategies and price lists for the various markets and channels.
  • Work with the business units to model and set new product pricing
  • Support customer price negotiations across all tiers, through various analysis and dashboards including pricing strategy execution, erosion analysis, TAM, design wins, Q2C, and off invoice services.
  • Identify margin leakage and find ways to increase profits
  • Support corporate audits as necessary
  • Maintain agreed contract pricing

Qualifications

  • 3 - 5 years in business analytics, business development, sales, or marketing. A background in the semiconductor or similar industry is desired.
  • BA/BS degree in engineering, business, marketing, economics, mathematics, statistics or quantitative methods preferred.
  • Strong interpersonal and team building skills; ability to work with a diverse team and influence/drive change across functional and business boundaries
  • Strong analytical and financial modeling skills; proficiency working in Excel and database software.
  • Solid decision making, problem solving, negotiating and persuasion skills
  • Continuous improvement attitude: ability to seek out and implement internal or external best practices.
  • Excellent verbal and written communication skills
  • Presentation Skills - Ability to prepare and deliver professional presentations to customers.
  • Ability to handle multiple projects and prioritize workload.
  • Detailed and action-oriented self-starter
  • This position can be located in our Richardson TX or Greensboro NC facilties

    Qorvo will not sponsor job applicants for visas or work authorizations for this position.

    This position requires work on US Government contracts. Applicants must be a US Person (US citizen, permanent resident, asylee or refugee).

    #LI-NN1

    MAKE A DIFFERENCE AT QORVO

    We are Qorvo. We do more than create innovative RF and Power solutions for the mobile, defense and infrastructure markets – we are a place to innovate and shape the future of wireless communications. It starts with our employees. As a unified global team, we bring a commitment to excellence, growth and a passion for creating what's next. Explore the possibilities with us.

    We are an Equal Employment Opportunity (EEO) / Affirmative Action employer and welcome all qualified applicants. Applicants will receive fair and impartial consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, military or veteran status, physical or mental disability, genetic information, and/or any other status protected by law.

Qorvo is an E-Verify Employer. For more information, please see the Right to Work and E-Verify Participation posters.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Semiconductor

SALARY

$75k-91k (estimate)

POST DATE

06/09/2024

EXPIRATION DATE

08/07/2024

WEBSITE

qorvo.com

HEADQUARTERS

RICHARDSON, TX

SIZE

7,500 - 15,000

FOUNDED

2015

TYPE

Private

CEO

RALPH G QUINSEY

REVENUE

$3B - $5B

INDUSTRY

Semiconductor

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About Qorvo

RF Micro Devices design and manufacture, high-performance radio frequency components and compound semiconductor technologies.

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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.

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Undertake ad-hoc pricing analysis as required by superiors.

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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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