Senior Pricing Analyst
3 weeks ago
Type: Full Time (Immediate)
Location: Mumbai/Pune/Chandigarh (Hybrid)
Time zone: (IST)
Experience: 6+ years
Key Responsibilities
1. Pricing Strategy and Execution:
Develop and execute pricing strategies aligned with business goals to maximize
profitability and market share.
Lead the creation and refinement of pricing models and frameworks to evaluate product
and service pricing across multiple channels.
Partner with product, sales, and marketing teams to implement pricing changes
effectively.
2. Price Optimization and Scenario Analysis:
Leverage advanced pricing analytics techniques to identify opportunities for revenue
growth and margin improvement.
Design and implement price elasticity models and scenario-based pricing simulations to
assess potential outcomes.
Ensure pricing decisions are data-driven, balancing competitive positioning with
profitability objectives.
3. Market and Competitive Intelligence:
Conduct comprehensive market research to track competitor pricing, customer
preferences, and industry trends.
Provide actionable insights based on competitor benchmarking and customer
segmentation analyses.
Monitor and report on the impact of market dynamics on pricing strategies.
4. Data Analysis and Business Insights:
Analyze large and complex datasets to generate actionable insights for decision-making.
Create dynamic reports and dashboards using tools like Power BI or Tableau to
communicate pricing performance to stakeholders.
Ensure the accuracy and reliability of data inputs used for pricing models.
5. Stakeholder Collaboration and Training:
Collaborate with cross-functional teams, including finance, sales, and marketing, to
ensure pricing strategies align with overall business objectives.
Act as a pricing subject matter expert and provide mentorship to junior analysts on
pricing methodologies and tools.
Prepare and deliver presentations for senior leadership, articulating findings and
recommendations clearly and concisely.
6. Process Improvement and Best Practices:
Continuously refine and improve pricing processes, methodologies, and tools.
Stay updated on emerging trends in pricing analytics, price optimization software, and
market dynamics to ensure a competitive edge.
Develop guidelines and best practices for pricing consistency and accuracy across the
organization.
Qualifications and Skills
Must-Have:
Education: Bachelor’s degree in Finance, Economics, Business, Mathematics, Data
Science, or related fields. An MBA or advanced degree is preferred.
Experience: Minimum of 6 years in pricing analysis, pricing optimization, or a related
field.
Technical Proficiency:
o Expertise in pricing analytics and optimization techniques.
o Proficiency in data analysis tools such as Excel, SQL, Python, or R.
o Strong knowledge of pricing software and revenue management tools.
Added Advantage:
Experience with Power BI or Tableau for creating business consumption-ready
dashboards and visualizations.
Exposure to advanced pricing methodologies such as dynamic pricing or algorithmic
pricing.
Certifications in data analytics, price optimization, or visualization tools.
Soft Skills:
Exceptional analytical and problem-solving skills.
Strong communication and presentation abilities to articulate complex data insights to
non-technical stakeholders.
Ability to work independently and collaboratively in a fast-paced environment.
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