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Pricing Analyst Intern
Favor Austin, TX
$61k-83k (estimate)
Intern 1 Month Ago
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Favor is Hiring a Pricing Analyst Intern Near Austin, TX

We are seeking enthusiastic and ambitious individuals to join our summer internship program for 8 weeks in Austin, Texas. As an intern with us, you will gain hands-on experience while working alongside your dedicated mentor and building connections with various other team members.

Our program offers a dynamic opportunity designed to provide you with real-world experience where you will be able to further your knowledge and education. You will have the chance to learn all about the on-demand delivery industry, our company culture, and build your portfolio with tangible work and results. 

As a Pricing Analyst Intern, you will contribute to the strategy for how we price restaurants and stores in the Favor app. You will be partnering with teams across the organization, including Sales, Merchandising, Marketing, and Business Analytics, to learn more about what we can offer and how that stacks up against the competitive landscape. We believe in providing our interns with exposure to various aspects of the business to help develop a well-rounded skill set. Your responsibilities may include key projects, research, data analysis, and assisting with the day-to-day operations of the team. 

This is a paid, full-time, hybrid internship in Austin, Texas. Our ideal candidate is driven, hardworking, and eager to learn. If you are looking to have fun and feel engaged with a team, then we invite you to apply.

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What You'll Do:

  • Put together a competitive analysis to gain a better understanding of how other delivery service providers have priced the same and similar restaurants and stores
  • Collaborate with the Sales and Merchandising teams to better understand the business landscape and what we offer today
  • Using data, offer recommendations for how we can offer more strategic pricing for restaurants in the app
  • Assist with day-to-day operations of the team 
Skills You Have:
  • This role can help springboard your career in quality operations and allow you to grow in many different directions. You do not need to have formal training, but we will ask you to speak about how your background has prepared you for the work you’ll be doing as a member of the Operations team. Translatable backgrounds that might be successful include data analytics, merchandising, sales, or a similar mix of training and experience that you think will make you successful on our team.
Who You Are:
  • You are self-motivated, resourceful, and able to execute assigned tasks efficiently and effectively
  • You are curious, thorough, and are eager to dive into the details, ask questions, and solve problems
  • You have strong communication skills (written and verbal) 
  • You can build rapport and work collaboratively with others on a team
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Life at Favor

Where you’ll work: This is a hybrid role, meaning you’ll work from home roughly three days per week and collaborate with other team members in person at our HQ in Austin, Texas for the remaining work days. No matter where you work best, we foster an inclusive and flexible environment to support our workforce. 

Benefits: We offer premium health, vision, dental, and life insurance, alongside 401(k) options. We go beyond the basics, while also throwing in Favor delivery fee credit and H-E-B discounts! 

Paid time off (PTO): We offer unlimited PTO for salaried employees (that’s actually unlimited) and ample vacation time to all team members.

Learning and development: We encourage personal growth and education through Intern(al)ships and Learning Labs taught by Favor team members and external facilitators.

Community: Whether you’re an avid cyclist, dog lover, or Magic enthusiast, there’s a group for you here. We foster community through Employee Resource Groups (ERGs), quarterly company-wide events, weekly happy hours, and regular connection opportunities.

Diversity, equity, and inclusion: At Favor, we believe that to be the best delivery app in Texas, we need to represent all Texans. We are committed to growing a team with different backgrounds, experiences, abilities, and perspectives, and we are an equal opportunity employer. 

In addition, as a candidate, if you require any accommodations throughout the recruitment process, simply let your recruiter know! Our talent acquisition team will work with you directly to ensure a smooth and delightful process.

Job Summary

JOB TYPE

Intern

SALARY

$61k-83k (estimate)

POST DATE

03/16/2024

EXPIRATION DATE

05/15/2024

HEADQUARTERS

FRANKLIN, MA

SIZE

200 - 500

FOUNDED

2018

CEO

RENE PAYNE

REVENUE

$50M - $200M

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The job skills required for Pricing Analyst Intern include Pricing, Communication Skills, Data Analysis, etc. Having related job skills and expertise will give you an advantage when applying to be a Pricing Analyst Intern. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Pricing Analyst Intern. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Pricing Analyst Intern positions, which can be used as a reference in future career path planning. As a Pricing Analyst Intern, it can be promoted into senior positions as a Competitive Pricing Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Pricing Analyst Intern. You can explore the career advancement for a Pricing Analyst Intern below and select your interested title to get hiring information.

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If you are interested in becoming a Pricing Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Pricing Analyst job description and responsibilities

Pricing analysts understand business trends and market values for the products and services their organizations offer.

03/24/2022: Virginia Beach, VA

Pricing analysts help determine what prices to set and whether current rates need adjustment.

02/05/2022: Denver, CO

Pricing analysts conduct research to learn the history of the product and previous market trends.

02/24/2022: Lafayette, LA

Pricing analysts collaborate with organizations that employ some form of a recurring revenue model to test various hypotheses about the efficacy of existing and proposed business models, pricing and packaging structure, and general market behavior.

03/14/2022: Boca Raton, FL

Heavily quantitative role focused on guiding management through developing pricing policies.

03/05/2022: Helena, MT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Pricing Analyst jobs

Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

04/10/2022: Fayetteville, NC

Students and new graduates can usually gain the necessary experience through a junior pricing analysis or finance position.

01/21/2022: Springfield, IL

Use pricing models to measure product profitability.

03/27/2022: Pittsfield, MA

Undertake ad-hoc pricing analysis as required by superiors.

03/02/2022: Boulder, CO

Therefore, to better understand changing price points, businesses should conduct new pricing-sensitivity study and market price tests right away.

03/12/2022: Hopkinsville, KY

Step 3: View the best colleges and universities for Pricing Analyst.

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