Category
Location
Type

Business Analyst

Pricing Analyst

Posted on:

Monday 1st November 2021

Overview of role:

Permanent

Description:

Our client, a market leading global freight forwarding company, is currently seeking a ‘Pricing Analyst’ to join their very successful team, working in a busy Ocean Freight environment. The main aspects of this role includes responsibility for determining the ideal target price for products of the business, and to analyse competitor pricing matched with market expectations.

As a successful pricing analyst, you should possess sound knowledge of quantitative and qualitative data analysis methods and experience in a similar role. You will be someone who can translate pricing data into actionable profit-enhancing strategies.

Duties & Responsibilities:

  • Assessing data from a variety of sources to gain insights into pricing strategies and market trends
  • Analysing competitor pricing and market trends to increase market share and profitability
  • Tracking customer engagement to develop effective pricing strategies for products and offerings
  • Applying statistical modelling methods to determine the potential impact of pricing strategies on profitability
  • Completing Sales tenders
  • Negotiating contracts with shipping lines and agents
  • Recommending pricing strategies that align closely with market trends and identifying new market segments
  • Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes
  • Collaborating with sales and marketing departments on developing and implementing competitive pricing strategies
  • Developing dynamic pricing tools to effectively respond to changing market needs and trends
  • Preparing and presenting pricing analysis findings to executives, Ocean team, marketing teams, and sales staff
  • Keeping informed on pricing analysis methods and industry trends
  • Weekly and monthly reporting as required

Requirements:

  • A degree in mathematics, statistics, finance, economics, or in a related field
  • A minimum of five years’ experience as a pricing analyst in a similar industry
  • Proficiency in business intelligence (BI) software
  • In-depth knowledge of statistical methods and data analysis
  • Extensive experience in analysing pricing strategies and forecasting revenue and market share
  • Experience in collaborating on pricing strategies with sales and marketing departments
  • Ability to keep abreast of industry trends and develop dynamic pricing tools
  • Advanced ability to present pricing analysis reports to relevant stakeholders
  • Excellent analytical and communication skills
  • Ability to prioritise workload, self-motivated and driven
  • Ability to manage tasks and people
  • Professional approach in all aspects of the role and ability to follow through on queries until resolution is achieved
  • Strong attention to detail
  • Have excellent verbal and written English
  • The ability to communicate effectively across all departments within the company
  • Excellent organisational and teamwork skills
  • Professional and focused approach, pro-active “Can Do” attitude
  • Good Microsoft Office Skills: with strong word and excel skills
  • Continuous strive for excellence through process improvement practices

What we offer

  • The salary for this role will range at €40k to €45k + generous ‘Opportunity to Earn’ Bonus Scheme rewards (OTE)
  • 21 days (Up to 2 additional days leave after 12 months)
  • Company Pension
  • Working Hours (08:30am to 5:30pm) with flexibility around hybrid working from home options after probationary period

Salary:
See description

Closing date:
30/11/2021

Reference number:
DL