Senior Pricing Analyst - Pricing Strategy

MathWorks - Natick, MA

Full-time - Mid Level

Natick, MA

Publishing Industries

About the position

The Senior Pricing Analyst will be responsible for analyzing pricing data and providing insights to optimize pricing strategies and maximize profitability. This role requires a strong background in pricing analysis, with a focus on developing and implementing successful pricing strategies in alignment with business objectives.

Responsibilities

• Develop, evaluate, and optimize pricing strategies and models based upon current business and competitive market dynamics.
• Conduct detailed pricing analysis and forecasting to support strategic decisions.
• Collaborate with Business Model, Sales, Marketing, Finance, and Product teams to ensure pricing strategies align with company objectives.
• Gather and analyze pricing data and market trends to identify opportunities and challenges.
• Monitor industry trends and regulatory changes that may affect pricing strategies and positioning.
• Forecast the impact of pricing changes on revenue and profitability.
• Provide data-based pricing recommendations to senior management.
• Develop and maintain pricing databases and tools for effective analysis and reporting.
• Work with internal teams to implement price changes in systems.

Requirements

• A bachelor's degree and 6 years of professional work experience (or a master's degree and 3 years of professional work experience, or equivalent experience) is required.
• Minimum of 6 years of experience in pricing analysis, financial analysis, or a related field.
• Strong analytical and quantitative skills, with the ability to use data and metrics to back up assumptions and recommendations.
• Excellent communication and presentation skills, with the ability to articulate findings and recommendations to stakeholders at all levels.
• Advanced proficiency in Excel and experience with pricing and data analysis tools.
• Demonstrated ability to work collaboratively across departments and lead projects.
• Experience in developing and implementing pricing strategies and models, for both SaaS and traditional products.

Nice-to-haves

• Master's degree in Economics, Finance, Statistics, Mathematics, Business Administration, or related field.