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The Price Analytics Analyst is responsible for assisting in the development and upkeep of pricing solutions that enable our client to efficiently plan, implement, and track optimal pricing strategies for customers. This includes integration of statistical models, algorithms, and business rules to shape raw data into pricing actions. The ideal candidate will possess strong analytical skills, the ability to interpret complex datasets, and a knack for translating findings into clear, actionable plans. This role requires a strategic mindset, excellent communication, and a collaborative approach to implement revenue-enhancing initiatives aligned with the organization’s overall objectives.
Job Responsibility:
Collaborate with cross-functional teams (merchandising, technology, data science) to gather requirements and translate business needs into pricing analytics solutions
Develop and maintain pricing reports and tools to enable timely decision-making and performance monitoring
Implement continuous improvement loops for pricing tools, integrating user feedback and evolving market data to enhance usability and accuracy
Participate in UAT testing for pricing tools and feature enhancements before deploying to broader business stakeholders
Perform root-cause analyses on pricing anomalies or unexpected variances to recommend corrective and preventive actions
Conduct market and competitor research to identify pricing trends and opportunities, adjusting strategies as needed
Identify, track, and analyze key business drivers to refine and optimize pricing approaches
Monitor the effectiveness of pricing strategies, analyzing key performance indicators and recommending continuous improvements
Synthesize complex data insights into clear, concise presentations highlighting risks and opportunities
Create visually appealing and understandable data visualizations to communicate complex information effectively
Ensure data integrity by validating, cleaning, and enriching large datasets for accurate and reliable analytical output
Partner with technology and data engineering teams to enhance data pipelines and analytics infrastructure
Maintain strong knowledge of industry best practices and emerging analytical methods, applying them to optimize pricing initiatives
Advocate for a data-driven culture within the organization by promoting the strategic value of analytics in pricing decisions
Requirements:
Bachelor’s Degree Business Management, Finance, Statistics, Engineering, Marketing, or a related quantitative field
Proven experience (2+ years) in pricing, data analytics, market research, revenue management, or related roles within retail, e-commerce, or consumer goods industries
Strong analytical and quantitative skills, with the ability to manipulate, interpret, and present complex and large datasets
Proficiency in analytical tools such as Excel, SQL, Python, or R for data extraction, cleaning, and modeling
Experience with data visualization platforms (e.g., Tableau, Power BI) to create compelling dashboards and reports
Familiarity with statistical modeling concepts (e.g., regression, forecasting, elasticity) and machine learning techniques
Demonstrated problem-solving skills, including scenario analysis and root-cause investigation for pricing anomalies
Excellent communication skills, with the ability to translate technical findings into clear, actionable insights for non-technical audiences
Strong attention to detail and commitment to data accuracy and integrity in all analyses
Collaborative mindset, able to partner effectively with cross-functional teams (merchandising, technology, data science)
Adaptability in a fast-paced environment, with the capacity to handle multiple projects and shifting priorities
Knowledge of NIQ, Circana, Numerator products and services is an asset
Nice to have:
Knowledge of NIQ, Circana, Numerator products and services
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