What are the responsibilities and job description for the Senior Pricing Analyst - Pricing Strategy position at MathWorks?
Job Summary
MathWorks has a hybrid work model that enables staff members to split their time between office and home. The hybrid model provides the advantage of having both in-person time with colleagues and flexible at-home life optimizations. Learn More: https://www.mathworks.com/company/jobs/resources/applying-and-interviewing.html#onboarding.
The Senior Pricing Analyst will play a crucial role in our organization, responsible for analyzing pricing data and providing insights to optimize our pricing strategy and maximize profitability. This position requires a minimum of 6 years of experience in pricing analysis or a related field, with a proven track record of developing and implementing successful pricing strategies.
MathWorks nurtures growth, appreciates diversity, encourages initiative, values teamwork, shares success, and rewards excellence.
Responsibilities
MathWorks has a hybrid work model that enables staff members to split their time between office and home. The hybrid model provides the advantage of having both in-person time with colleagues and flexible at-home life optimizations. Learn More: https://www.mathworks.com/company/jobs/resources/applying-and-interviewing.html#onboarding.
The Senior Pricing Analyst will play a crucial role in our organization, responsible for analyzing pricing data and providing insights to optimize our pricing strategy and maximize profitability. This position requires a minimum of 6 years of experience in pricing analysis or a related field, with a proven track record of developing and implementing successful pricing strategies.
MathWorks nurtures growth, appreciates diversity, encourages initiative, values teamwork, shares success, and rewards excellence.
Responsibilities
- Develop, evaluate, and optimize pricing strategies and models based upon current business and competitive market dynamics.
- Conduct detailed pricing analysis and forecasting to support strategic decisions.
- Collaborate with Business Model, Sales, Marketing, Finance, and Product teams to ensure pricing strategies align with company objectives.
- Gather and analyze pricing data and market trends to identify opportunities and challenges.
- Monitor industry trends and regulatory changes that may affect pricing strategies and positioning.
- Forecast the impact of pricing changes on revenue and profitability.
- Provide data-based pricing recommendations to senior management.
- Develop and maintain pricing databases and tools for effective analysis and reporting.
- Work with internal teams to implement price changes in systems.
- A bachelor's degree and 6 years of professional work experience (or a master's degree and 3 years of professional work experience, or equivalent experience) is required.
- Visa sponsorship will not be provided for this position.
- Bachelor’s degree in Economics, Finance, Statistics, Mathematics, Business Administration, or related field. A Master’s degree is preferred.
- Minimum of 6 years of experience in pricing analysis, financial analysis, or a related field.
- Strong analytical and quantitative skills, with the ability to use data and metrics to back up assumptions and recommendations.
- Excellent communication and presentation skills, with the ability to articulate findings and recommendations to stakeholders at all levels.
- Advanced proficiency in Excel and experience with pricing and data analysis tools.
- Demonstrated ability to work collaboratively across departments and lead projects.
- Experience in developing and implementing pricing strategies and models, for both SaaS and traditional products.
