At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you’re passionate about developing your career, while helping others along the way, come join the Broadridge team.
As a Pricing Analyst, you will be responsible for effectively pricing and managing deals, analyzing market data, assessing pricing strategies, and implementing pricing models to maximize profitability and competitiveness for the company's products and services.
Your role will involve collaborating with various departments including Business, Sales, Product Management, Legal, and Finance to develop and execute pricing strategies that align with business objectives. The Pricing Analyst will also monitor industry trends, conduct competitive analysis, manage deals, and recommend pricing adjustments to optimize revenue and market share.
Key Responsibilities:
- Price and manage deals to optimize price and improve win-rate.
- Analyze market trends, customer behavior, and competitive landscape to identify pricing opportunities and threats.
- Develop and maintain pricing models and methodologies to support strategic pricing decisions.
- Deliver on pricing Annual Operating plan through surfacing insights to improve margins and revenue.
- Conduct thorough pricing analysis to determine optimal pricing levels for new and existing products or services.
- Collaborate with cross-functional teams to understand product features, customer value propositions, and cost structures to inform pricing strategies.
- Monitor pricing performance metrics and KPIs to evaluate effectiveness of pricing strategies and initiatives.
- Perform sensitivity analysis and scenario planning to assess potential impact of pricing changes on revenue and profitability.
- Provide insights and recommendations on pricing adjustments based on data-driven analysis and market dynamics.
- Support pricing negotiations with customers to ensure favorable terms and agreements.
- Develop and maintain pricing policies, guidelines, and procedures to ensure consistency and compliance across the organization.
- Stay updated on industry trends, regulatory changes, and competitive developments related to pricing practices.
Qualifications:
- Bachelor’s degree in business administration, Engineering, Economics, Finance, or related field. Master's degree preferred.
- Proven experience in pricing analysis, financial analysis, or related field. Previous experience in pricing strategy development is a plus.
- Strong analytical skills with proficiency in quantitative analysis and data interpretation.
- Proficiency in Excel, financial modeling, and data visualization tools. Experience with pricing software or analytics platforms is desirable.
- Excellent communication, storytelling and PowerPoint, and presentation skills, with the ability to effectively communicate complex pricing concepts to diverse stakeholders.
- Detail-oriented with strong problem-solving abilities and a strategic mindset.
- Ability to work independently and collaboratively in a fast-paced environment, managing multiple priorities and deadlines effectively.
- Familiarity with pricing theories, methodologies, and best practices.
- Strong project management skills.
- Knowledge of relevant industry regulations and compliance standards related to pricing.
- Demonstrated ability to thrive in a dynamic and rapidly changing business environment.
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We are dedicated to fostering a collaborative, engaging, and inclusive environment and are committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates do their best when they feel safe, understood, and valued, and we work diligently and collaboratively to ensure Broadridge is a company—and ultimately a community—that recognizes and celebrates everyone’s unique perspective.
Use of AI in Hiring
As part of the recruiting process, Broadridge may use technology, including artificial intelligence (AI)-based tools, to help review and evaluate applications. These tools are used only to support our recruiters and hiring managers, and all employment decisions include human review to ensure fairness, accuracy, and compliance with applicable laws. Please note that honesty and transparency are critical to our hiring process. Any attempt to falsify, misrepresent, or disguise information in an application, resume, assessment, or interview will result in disqualification from consideration.
