Pricing Analyst at JMG

Job Overview

• A Pricing Analyst is responsible for analyzing market trends, competitor pricing, and internal cost structures to develop optimal pricing strategies. They use data-driven insights to recommend pricing adjustments that maximize profitability while maintaining competitiveness. Pricing Analysts work closely with sales, marketing, finance, and product teams to ensure pricing aligns with business objectives.

Key Responsibilities

• Conduct market research to analyze competitor pricing, industry trends, and customer demand.
• Develop and maintain pricing models to optimize profitability and market share.
• Monitor and evaluate pricing performance, identifying opportunities for improvement.
• Collaborate with sales and marketing teams to implement pricing strategies and promotions.
• Analyze cost structures, profit margins, and discounting strategies.
• Prepare reports and presentations on pricing insights for senior management.
• Ensure compliance with pricing policies and regulatory requirements.
• Work with IT or data teams to improve pricing tools and automation.
• Support contract negotiations with pricing recommendations.

Qualifications

Education & Experience

• Bachelor’s degree in Finance, Economics, Business, Mathematics, Statistics, or a related field.
• 2+ years of experience in pricing analysis, financial analysis, or a related field (entry-level roles may accept internships or strong academic backgrounds).
• Experience with pricing software (e.g., SAP, Oracle, PROS) is a plus.

Skills & Competencies

• Strong analytical and quantitative skills (Excel, SQL, statistical modeling).
• Proficiency in data visualization tools (Power BI, Tableau).
• Knowledge of pricing strategies (cost-plus, value-based, dynamic pricing).
• Ability to interpret large datasets and generate actionable insights.
• Excellent communication and presentation skills.
• Detail-oriented with strong problem-solving abilities.
• Familiarity with ERP systems and CRM tools (e.g., Salesforce).