Pricing Analyst

Job Title : Pricing Analyst

Experience : 5-8 Years

Job Location : Bangalore

Roles and Responsibility :

• Pricing Analyst uses quantitative and qualitative methods to compute and analyse pricing strategy for new deals / renewals
• Use variety of statistical modelling methods to prepare reports and show potential impact of various pricing strategies, including their effect on margin and cost and its impact on profitability and sales volume.
• In this role, Pricing Analyst work closely with sales, pre-sales and marketing personal to develop and challenge competitive pricing strategies.
• Role demands recommendation of alternative pricing strategies to Sales personal which may benefit company and prospective client as win-win situation.
• Pricing Analyst modify / develop pricing tool that cater to all requirements of the company to quickly respond to changing market needs. Pricing tools include dynamic pricing that allows the company to quickly adjust prices to enhance sales volume and conversion rates.
• Role also requires Pricing Analysts to translate complex data into actionable strategies and techniques to drive sales and enhance marketing efforts. Pricing Analyst also prepare reports to share his assumptions and findings.
• Review of contractual documents (MSA / SOW) and provides insights regarding commercial terms.
• Review RFP and provides response to commercial queries within SLA set for each response.