What are the responsibilities and job description for the Pricing & Business Process Strategy Intern position at Balchem Corporation?
Company Overview
Balchem Corporation develops, manufactures, and markets specialty ingredients that improve and enhance the health and well-being of life on the planet, providing state-of-the-art solutions and the finest quality products for a range of industries worldwide. Our corporate headquarters is located in Montvale, New Jersey and we have a broad network of sales offices, manufacturing sites, and R&D centers, primarily located in the US and Europe. Founded in 1967, Balchem is a publicly traded company (NASDAQ – “BCPC”) with annual revenues over $900 million and a market cap exceeding $4.0 billion. The company consists of three business segments: Human Nutrition & Health; Animal Nutrition & Health; and Specialty Products. Balchem employs over 1,400 people worldwide who are engaged in diverse activities, committed to developing the company into global market leadership positions. To learn more about our dynamic, stable and growing company, visit www.balchem.com.
Position Summary
We are seeking a highly structured, process-oriented Pricing & Business Process Strategy Intern to help design a scalable, repeatable pricing decision process for a growing professional services business. Today, pricing decisions are made through a combination of experience, judgment, and ad hoc inputs. This role will focus on bringing clarity, consistency, and governance to how pricing decisions are made across the organization.
This internship is ideal for someone who enjoys mapping how work actually happens, identifying breakdowns, and designing practical operating models that leadership teams can adopt and scale.
Essential Functions
#IN
Balchem is committed to a workplace culture that values and promotes diversity, inclusion, equal employment opportunities, and a work environment free of harassment and hostility.
Balchem Corporation develops, manufactures, and markets specialty ingredients that improve and enhance the health and well-being of life on the planet, providing state-of-the-art solutions and the finest quality products for a range of industries worldwide. Our corporate headquarters is located in Montvale, New Jersey and we have a broad network of sales offices, manufacturing sites, and R&D centers, primarily located in the US and Europe. Founded in 1967, Balchem is a publicly traded company (NASDAQ – “BCPC”) with annual revenues over $900 million and a market cap exceeding $4.0 billion. The company consists of three business segments: Human Nutrition & Health; Animal Nutrition & Health; and Specialty Products. Balchem employs over 1,400 people worldwide who are engaged in diverse activities, committed to developing the company into global market leadership positions. To learn more about our dynamic, stable and growing company, visit www.balchem.com.
Position Summary
We are seeking a highly structured, process-oriented Pricing & Business Process Strategy Intern to help design a scalable, repeatable pricing decision process for a growing professional services business. Today, pricing decisions are made through a combination of experience, judgment, and ad hoc inputs. This role will focus on bringing clarity, consistency, and governance to how pricing decisions are made across the organization.
This internship is ideal for someone who enjoys mapping how work actually happens, identifying breakdowns, and designing practical operating models that leadership teams can adopt and scale.
Essential Functions
- Work directly with company leadership to evaluate the current-state pricing process and design a future-state operating model.
- Current-State Process Assessment
- Document how pricing decisions are currently made end-to-end
- Identify stakeholders involved, decision points, handoffs, and approvals
- Surface inconsistencies, bottlenecks, rework, and informal practices
- Review how pricing inputs (costs, margins, risk, market factors) are gathered and used
- Future-State Process & Operating Model Design
- Design a clear, repeatable pricing decision workflow
- Define roles and responsibilities (who inputs, who decides, who approves)
- Establish decision criteria, guardrails, and escalation paths
- Recommend governance mechanisms to ensure consistency and accountability
- Recommend governance mechanisms to ensure consistency and accountability
- Identify opportunities to standardize, template, or automate parts of the process
- Change Enablement & Documentation
- Create clear process maps, decision trees, and playbooks
- Develop practical guidance leadership can use to roll out the new process
- Support executive discussions by translating analysis into actionable recommendation
- Deliverables You’ll Own
- Current-state vs. future-state process maps
- Establish pricing framework to maximize and drive margin generation
- Roles & responsibilities matrix (RACI or similar)
- Executive-ready summary and implementation roadmap
- Current MBA candidate or recent MBA graduate
- Comfortable working cross functionally through ambiguity and organizational complexity
- Strong analytical and structured problem-solving skills
- Ability to synthesize qualitative input into clear processes
- Experience with process mapping, finance, or strategy is a plus
- Strong Excel and presentation skills
#IN
Balchem is committed to a workplace culture that values and promotes diversity, inclusion, equal employment opportunities, and a work environment free of harassment and hostility.
Salary : $900