Job Title: Strategic Pricing Analyst
Type of Company: Our company manufactures and markets glass and plastic life sciences products for research.
Education: BS, Marketing, Bentley College
Previous Experience: I started my career as a marketing assistant for an insurance company then moved into an office manager role. I switched into working for a life sciences company eight years ago, starting as a marketing specialist. I was subsequently promoted to marketing project manager, assistant product manager and strategic pricing analyst, the job I do today.
Job Tasks: One of my current responsibilities is to manage pricing contracts between our sales reps and customers/distributors. I do this by reviewing and analyzing the incoming contracts and making sure they adhere to our established pricing policy guidelines. Another key functions is managing our yearly price change, which includes both our list prices (the equivalent of a suggested retail price) and our distributor prices (the cost we sell our products to distributors for). I manage all of the activities related to this annual task by working with product managers (who are each responsible for pricing their own product line) and our channel team (who are responsible for managing our distributor price contracts). I also work with IT to load subsequent price lists into our internal system for order taking.
I'm also responsible for other ad hoc activities related to pricing and analysis for our marketing and sales departments. Currently I'm working on a large project aimed at implementing a new pricing process and new support software. This project uses Six Sigma, which is a project model for achieving performance excellence. The project is high-profile in that our entire division -- my company has four core divisions; life sciences is just one of them -- is counting on it to ensure accurate pricing in the marketplace and to require less manual work for the people who are affected by pricing daily.
Best and Worst Parts of the Job: The best part of my job is that it's flexible. I'm able to work just twenty-five and a half hours a week with little to no travel. I can work from home if necessary. I also have pretty good job security because I'm one of only two employees (other than my manager and temporary help) in my department. As pricing becomes more of a high-profile issue in this tough economy, I'm in a position to demonstrate key analysis skills and get recognized by my company as a valuable contributor.
The worst part of my job is that there's little room for growth and the tasks (to me) are boring.
Job Tips: If anyone wanted this job as a source of decent income and needed the flexibility of being able to make your own hours and possibly work from home at times, it's a great job to pursue. Knowing Excel inside and out is key for this position. It's not really math, but functionality and knowing a few basic equations that will make your job easier.
Click the Visit School Site buttons to go directly to a school's website and learn more about the school and programs it has to offer. School website will open in a new tab. .
Click the Request Info buttons to request more information from a representative at the school
Push Your Creativity To The Next Level
Welcome to Argosy University
Argosy University offers doctoral, master's, and bachelor's degree programs to students through its eight colleges: College of Behavioral Sciences, Graduate School of Business and Management, College of Education, College of Health Sciences, College of Arts and Sciences, College of Creative Arts and Design, College of Clinical Psychology and Western State College of Law at Argosy University as well as certificate programs in many areas.
Congratulations! Your interest in Independence University is an important first step toward changing your life. A career-focused degree is the key to a career with a potentially higher income, better benefits, and more satisfaction.
San Joaquin Valley College - A Private Junior College.
Pursue your education at Ohio Christian University.
Saint Mary's University of Minnesota's Online Master's Programs
At Saint Mary's, we take pride in offering online graduate degrees designed to complement the schedules of working adults like you. Get an affordable, convenient education from a top-ranked university that's grounded in real-world applications.
ABCO Technology is an accredited computer training academy that offers diploma programs for individual students, professionals and companies to learn different areas of Information technology and seek gainful employment.
You can advance your career with a degree from Charter College Online.
Turn your talents into a career at nationally recognized and accredited Platt College.
Pursue a certificate, master, or doctorate degree in Psychology at The Chicago School for Professional Psychology.
The inside stories from people actually working in the field.
Click a story title to show the story, and click the title again to hide it.
Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.
Most stories include:
Please also see our detailed information about Marketing Managers, including: