Pricing Manager/Senior Pricing Manager

As the Pricing Manager/Senior Pricing Manager , you will lead the strategic development and execution of Thomson Reuters' pricing initiatives across the portfolio. This role requires a seasoned professional to drive pricing strategy for our key product, forge robust relationships with key stakeholders, and lead on strategic projects within the segments. You will be at the forefront of crafting new pricing models, establishing price levels, and structuring pricing packages. Additionally, you will play a pivotal role in the evolution and leadership of the Pricing Centre of Excellence (CoE), tasked with delivering high-impact, value-based pricing strategies and frameworks that bolster business revenue and margin growth throughout the customer lifecycle. Collaborating closely with the Sales, Product, Product Marketing, Commercial Excellence, and Finance, you will ensure the seamless execution of our pricing strategies and define key metrics to gauge the effectiveness of pricing changes.

About the Role

In this opportunity as a Pricing Manager/Senior Pricing Manager , you will:

• Lead the design and execution of effective pricing strategies, ensuring alignment with Product, Finance, and GTM teams to synchronize priorities and achieve revenue objectives.
• Direct comprehensive pricing analyses to shape the pricing strategy for new, renewal, and upsell/cross-sell offerings, with a focus on maximizing profitability.
• Develop and refine complex models to assess price sensitivity, feature/price trade-offs, and pinpoint opportunities for pricing optimization.
• Oversee the creation and maintenance of price books and discount guidelines, ensuring they facilitate simplification and standardization.
• Collaborate with Commercial Excellence teams to implement system enhancements and automated quoting capabilities.
• Establish annual price adjustments, govern discounting practices, and create governance frameworks to maintain consistency across products.
• Lead pricing support for high-priority strategic initiatives, including pricing overhauls and the introduction of new products & propositions.
• Conduct in-depth analysis on the impact of pricing decisions and work cross-functionally to devise and refine pricing metrics to track and improve performance.
• Support the Director in training, upskilling and leading other team members.
• Shift Timings: 2 PM to 11 PM (IST)
• Work from office for 2 days in a week (Mandatory)

About You

You're a fit for the role of Pricing Manager/Senior Pricing Manager if your background includes:

• Must have at least 10 years+ of total work experience.
• A minimum of 5 years of experience in B2B pricing, with experience within technology or SaaS or related industries.
• Advanced degree in Business, Economics, Finance, or a related field preferred.
• Professional pricing certification (such as CPP) is a plus.
• Experience with Alteryx, SAP and PowerBi a plus.
• A strong passion for mastering pricing strategies and methodologies.
• An analytical mindset, adept at acquiring, interpreting, and leveraging customer and market insights to inform pricing decisions.
• A methodical and structured thinker who excels in simplifying complex scenarios and processes.
• A doer with a bias for action, who thrives on developing and implementing pricing policies to drive business outcomes.
• Proficient in the deployment and enhancement of pricing and quoting tools, with a focus on driving efficiency and accuracy.
• Demonstrated ability to exert influence and drive consensus among various stakeholders, including the ability to engage and persuade senior leaders with clear, compelling narratives and evidence-based analysis.
• Strong project management skills, capable of leading complex, cross-functional projects with meticulous attention to detail and deadlines.
• Keen interest in AI technologies in the industry and proficient using AI tools in the workplace