Senior Pricing Analyst Position Available In Middlesex, Massachusetts
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Job Description
About the
Role:
Requires in-depth conceptual and practical knowledge of theories and principles of pricing and applies general knowledge of business and industry practices. Working independently under minimal guidance, carries out a full range of professional duties and solves moderately complex problems. Exercises judgment based on the analysis of multiple sources of information. Participates in the development of pricing strategies to meet customers’ needs while providing a profit for the organization. May determine core business costs of service in support of pricing/tariff development. Evaluates effectiveness of pricing strategies and makes recommendations to pricing structures as needed. Provides reporting and documentation of pricing structures and serves as the point-of-contact for pricing inquiries from internal sales department, but not customers. Exercises judgment based on the analysis of multiple sources of information. Leads team projects or project steps within a broader project or has accountability for ongoing activities or objectives. Uses advanced analytical, technical and problem-solving skills to adapt policies and programs and develop models to support small projects or the team.
Key Responsibilities Pricing Strategy Development:
Drive the analytics behind the development of pricing and packaging strategies for new and existing products, ensuring alignment with business goals, partnering with Product Management, Product Marketing, and Segment General Managers.
Advanced Financial Modeling:
Develop, maintain, and enhance sophisticated financial models to forecast and evaluate the impact of proposed pricing actions on product and portfolio profitability.
Complex Analysis & Reporting:
Spearhead the design, development, and execution of intricate models, analyses, and reporting related to pricing, profitability, and cash flow projections.
Pricing Tool Development:
Lead the design and development of advanced pricing analytical and reporting tools, selecting the best platforms such as Power BI or Tableau. This includes defining a robust data structure, identifying and integrating data sources, and outlining data preparation and transformation requirements.
Pricing Governance & Process Improvement:
Establish, review, and refine pricing governance models and processes to ensure efficiency and effectiveness of pricing and quoting processes. Drive continuous improvements by identifying bottlenecks and implementing solutions.
Team Collaboration:
Work closely with the Sales team and Contracts team, providing them with updated pricing guidelines and associated directions, ensuring smooth communication and understanding.
Team Leadership & Project Management:
Lead team projects, guiding and mentoring junior analysts, ensuring that projects align with broader organizational goals. Take accountability for ongoing activities or objectives within the pricing domain.
Evaluate Pricing Strategies:
Regularly evaluate the effectiveness of current pricing strategies, conducting deep analyses to recommend adjustments to pricing structures as needed, ensuring customer needs are met while maintaining organizational profitability.
Documentation & Reporting:
Maintain thorough documentation of pricing structures, serving as the go-to expert and point-of-contact for all pricing-related inquiries from internal departments, such as the sales department.
Stay Updated & Training:
Stay updated with the latest trends and best practices in pricing, ensuring the organization remains competitive. Provide training and guidance to junior members, enhancing their skill set and understanding of pricing dynamics. Qualifications Master’s degree in business, Technology, or related field with a strong focus on data analytics and business. (
Alternatively:
BA or BS degree with significant experience). 5 Years of Pricing, Finance or Accounting experience Proven experience in leading and managing complex data sets and analytical tools. Expertise in analytical tools such as Microsoft Power BI, Tableau, or equivalent. Strong leadership skills with the ability to guide, mentor, and motivate a team. Exceptional ability to identify, gather, analyze, and interpret data, translating insights into actionable strategies. A business-oriented mindset with a deep curiosity and disciplined approach to problem-solving. Proven track record of developing and implementing successful pricing strategies in a similar industry or field.
- Requires in-depth conceptual and practical knowledge in primary job family and basic knowledge of related job families
- Has knowledge of best practices and is aware of the competition and market differentiators
- Solves complex problems; exercises judgment based on the analysis of multiple sources of information
- Works independently, receives minimal guidance; may lead projects or may have accountability for on-going activities
- Impacts a range of project activities within own team and other related teams, acts as a resource for colleagues
- Explains difficult or sensitive information; works to build consensus Applicants may be required to appear onsite at a Wolters Kluwer office as part of the recruitment process.
Compensation:
Target salary range
CA, CT, CO, DC, HI, IL, MD, MN, NY, RI, WA
$95,560 – $133,750 If making a difference matters to you, then you matter to us. Join us, at Wolters Kluwer, and be part of a dynamic global technology company that makes a difference every day. We’re innovators with impact. We provide expert software and information solutions that the world’s leading professionals rely on, in the moments that matter most. You’ll make a real difference in the lives of millions of people. Together with our customers, we help to advance sustainability, health, justice, prosperity, and commerce around the world. You can thrive at Wolters Kluwer, where diversity is core to our collective strength and high performance. Be your unique self, share your creative ideas, do your best work, and take time to grow in our caring and inclusive culture where you can belong. Wolters Kluwer reported 2023 annual revenues of €5.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,400 people worldwide. Our customers work in industries which impact the lives of millions of people every single day. Our mission is to empower our professional customers with the information, software solutions, and services they need to make critical decisions, achieve successful outcomes, and save time. Our expert solutions combine deep domain knowledge with technology to deliver both content and workflow automation to drive improved outcomes and productivity for our customers. We are committed to helping professionals improve the way they do business and solve complex problems with our range of digital solutions and services, which we continuously evolve to meet their changing needs. Our 188-year legacy and portfolio represent thousands of customers worldwide. For more information about our solutions and organization, visit www.wolterskluwer.com, follow us on Twitter, Facebook, and LinkedIn. Wolters Kluwer has a dedicated team of experienced talent acquisition professionals who are ready to hear what makes you tick and share how Wolters Kluwer can help you achieve your goals and ambitions. Here Rasi Fawaz shares some tips on what recruiters are looking for on a resume. As a global organization, we recognize that solving a wide range of complex problems requires diverse perspectives and innovative thinking. We know that bringing our best to our customers, communities, and other key stakeholders requires a highly engaged and talented workforce – one that represents the diversity of those we serve and the communities where we live and work. We aim to provide a welcoming environment and equitable opportunities for all employees regardless of background, nationality, race, ethnicity, gender, gender identity, age, sexual orientation, marital status, disability, or religion. This principle is ingrained in our company values and articulated in our Code of Business Ethics. At Wolters Kluwer, you’ll feel valued for your contributions, and you’ll know that your health, safety, and well-being are important to us. Our well-being benefits provide tools, programs, and resources to help our diverse employees feel healthy, happy, safe, and prosperous. In 2024 we were awarded Ragan’s Top Places to Work for
Employee Wellbeing:
Large Organization, in recognition of our commitment to maintaining and enhancing the well-being of our colleagues through our ‘Together we thrive’ well-being program. To ensure we continue to drive innovation that enables us to develop products and services to best serve our customers, we cultivate a workplace culture rooted in mutual respect, bringing forward insights from a wide range of backgrounds, perspectives, and experiences. We are also committed to complying with laws requiring equal opportunity in hiring, promotion, and other employment decisions. All qualified applicants will receive consideration without regard to race, color, religion, sex (including pregnancy, gender identity, transgender status, and sexual orientation), national origin, disability, age, genetic information, veteran status, or any other characteristic protected by applicable law, and we do not tolerate discrimination on any of these bases. GDPR Careers Privacy and Cookies Wolters Kluwer (“we” or “us”) wants to inform you about the ways we process your personal information. In this Privacy & Cookie Notice we explain what personal information we collect, use and disclose. You’ll find details related to GDPR and other data privacy policies on our Careers Privacy and Cookies page.