Product Analyst

$65,000 - $75,000/Yr

Lightpath - Golden, CO

Full-time

Golden, CO

Personal and Laundry Services

About the position

The Product Analyst at LightPath plays a vital role in optimizing pricing structures and maximizing profitability. This position involves analyzing market trends and pricing strategies, participating in the deal approval process, and collaborating with cross-functional teams to provide insights that facilitate informed decision-making. The role requires strong analytical skills, attention to detail, and effective communication to balance competitive pricing with revenue goals.

Responsibilities

• Develop and maintain pricing models to optimize profitability.
• Participate in the deal approval process by evaluating proposed deals, contracts, and pricing agreements.
• Collaborate with sales, marketing, finance, and legal teams to assess deal terms and pricing models.
• Provide insights and recommendations to balance competitive pricing with revenue goals.
• Conduct pricing experiments and evaluate pricing elasticity.
• Forecast revenue impacts and monitor pricing performance.
• Communicate pricing insights and recommendations to stakeholders.
• Stay updated on industry trends and best practices in pricing analysis.
• Utilize data analysis tools and techniques to extract meaningful insights.
• Ensure compliance with pricing guidelines and policies.

Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related field; advanced degree (e.g., MBA) may be preferred.
• Previous experience in pricing analysis, financial analysis, or related roles, preferably in a corporate environment.
• Strong analytical skills with proficiency in data analysis tools such as Excel, SQL, or business intelligence software.
• Excellent attention to detail and ability to work with large datasets.
• Familiarity with pricing methodologies, pricing models, and financial concepts (e.g., pricing elasticity, revenue forecasting).
• Strong communication and interpersonal skills to effectively collaborate with cross-functional teams and present findings to stakeholders.
• Ability to think strategically and make data-driven decisions to optimize pricing strategies.
• Familiarity with market research techniques and competitive analysis.
• Ability to multitask and prioritize in a fast-paced environment.
• Knowledge of relevant industry regulations and compliance standards related to pricing.
• Certification in pricing (e.g., Professional Pricing Society Certification) may be advantageous.

Benefits

• medical insurance
• dental insurance
• vision insurance
• company matched 401k