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Lead Pricing Analyst
3 mesi fa
RINA is currently seeking a Lead Pricing Analyst to join its team within the Global Marketing & Pricing Division.
Role Overview
The Lead Pricing Analyst is essential in formulating and executing pricing strategies for the introduction of new offerings, as well as evaluating the overall service portfolio's performance regarding revenue and margins on a global scale.
Key Responsibilities
1. Development and Execution of Pricing Strategies:
- Collaborate with cross-functional teams to establish pricing strategies for new offerings, taking into account market demand, competitive analysis, and value propositions.
- Create pricing models and frameworks that align with business goals, profitability objectives, and customer value perceptions.
- Set pricing guidelines, policies, and procedures to ensure uniformity and effectiveness across various markets and regions.
- Implement pricing tools and systems to support pricing decisions and enhance the pricing workflow.
2. Introduction of New Offerings:
- Spearhead the pricing strategy for the introduction of new offerings, working closely with product development, marketing, and sales teams.
- Conduct market research and analysis to grasp customer needs, preferences, and willingness to pay for new offerings.
- Formulate pricing strategies tailored to diverse customer segments, geographic areas, and market dynamics.
- Partner with stakeholders to define pricing tiers, packaging options, and promotional strategies for new offerings.
3. Performance Evaluation:
- Assess the performance of launched offerings in terms of revenue, profitability, and margins.
- Monitor key performance indicators (KPIs) related to pricing, including average selling price, discount levels, and revenue per customer.
- Conduct post-launch evaluations to determine the effectiveness of pricing strategies and identify areas for enhancement.
- Provide actionable insights and recommendations to optimize pricing, maximize revenue, and enhance profitability.
4. Cross-Departmental Collaboration:
- Work with finance, sales, and product teams to ensure alignment between pricing strategies and business objectives.
- Offer guidance and support to sales teams on pricing negotiations, discount approvals, and deal structuring.
- Collaborate closely with product management to integrate pricing considerations into product development and lifecycle management.
- Communicate pricing decisions, updates, and recommendations to senior management and key stakeholders. #LI-AC2
Education
Bachelor's Degree in Business Administration or Finance ManagementQualifications
Minimum of 5 years of experience in pricing management, revenue management, or related roles, preferably in a global or multi-national organization.
- Proven history of developing and executing pricing strategies that drive revenue growth and profitability.
- Experience in analyzing pricing performance and conducting market research to inform pricing decisions.
- Strong understanding of pricing principles, methodologies, and techniques.
- Familiarity with pricing software, tools, and systems (e.g., pricing optimization software, revenue management systems).
Competencies
ADDRESS THE WAY - Have a comprehensive view of various situations and reinterpret them from a strategic perspective. CLIENT INTIMACY - Understand and embrace internal and external client needs, expectations, and requirements to ensure maximum satisfaction. MAKE EFFECTIVE DECISIONS - Organize activities according to priorities, actions, resources, and constraints. MANAGE EMOTIONS - Recognize one's and others' emotions and express and regulate one's reactions. PIONEER CHANGE - Actively embrace change and leverage new circumstances. THINK FORWARD - Utilize past experiences to formulate actionable plans for the future.With over 5,600 employees and 200 offices in 70 countries worldwide, RINA is a multinational player that provides certification, marine classification, product testing, site supervision, vendor inspection, training, and engineering consultancy services across a wide range of sectors. Our business model encompasses the entire project development process, from concept to completion, ensuring the technical, environmental, and safety sustainability of projects.
At RINA, we strive to foster a work environment where every individual is valued and encouraged to develop innovative ideas. We are committed to providing equal employment opportunities and creating a workplace where everyone feels respected and safe from discrimination or harassment of any kind. We also comply with applicable employment laws.