What are the responsibilities and job description for the Senior Product Manager - Pricing position at Hertz Local Edition?
A Day in th eLife:
Hertz is seeking a Senior Product Manager – Pricing Strategy to lead the development and optimization of pricing for our digital add-ons. This role is responsible for designing and implementing dynamic pricing models, improving attach rates, and delivering pricing innovations that balance customer value with business impact.
The ideal candidate has a strong background in product management, pricing strategy, and data-driven decision-making, with the ability to partner closely with engineering, finance, and data science teams to launch and scale pricing capabilities. This is a high-impact role focused on driving EBITDA growth and elevating the customer experience.
What You'll Do:
- Develop and own the pricing strategy for digital add-ons across Hertz’s digital and counter channels.
- Build and launch dynamic pricing models, experimentation frameworks, and pricing features in partnership with Data Science and Engineering.
- Conduct pricing A/B tests to understand customer behavior, elasticity, and optimal price points.
- Identify and introduce pricing innovations. Collaborate closely with Finance to evaluate pricing impacts on revenue, margin, attach rate, and EBITDA.
- Partner with Product, Engineering, Marketing, and Operations to deliver new pricing capabilities and ensure alignment across teams.
- Monitor performance and provide insights through dashboards, KPIs, and regular reporting.
- Deep dive into pricing trends, market dynamics, and customer behavior to inform continuous improvements.
- Advocate for customer value while delivering strong business outcomes.
What We're Looking For:
- 5 to 7 years of product management experience with at least 3 years focused on pricing, monetization, or revenue optimization
- Experience building or managing dynamic pricing systems, pricing experiments, or monetization features in consumer-facing digital businesses
- Demonstrated ability to translate data and insights into pricing decisions and product features
- Strong communication skills. You must be able to work with cross-functional partners to gather requirements and explain outcomes
- Strong product sense. You must be able to align your work with business objectives and make appropriate tradeoffs
- Learning mentality. You must be able to pick up new skills as needed and demonstrate a curiosity about new technologies
- Ability to own product strategy, roadmap, and execution for a product of limited to moderate complexity
- Experience building or managing dynamic pricing systems, pricing experiments, or monetization features in consumer-facing digital businesses.
- Strong analytical and problem-solving skills, with comfort working closely with Data Science and Engineering teams.
- Demonstrated ability to translate data and insights into pricing decisions and product features.
- Proven track record of delivering measurable revenue, margin, or attach rate improvements.
We expect the starting salary to be around $150k but will be commensurate with experience.
What you'll Get:
- 40% off the base rate of any standard Hertz Rental
- Paid Time Off
- Medical, Dental & Vision plan options
- Retirement programs, including 401(k) employer matching
- Paid Parental Leave & Adoption Assistance
- Employee Assistance Program for employees & family
- Educational Reimbursement & Discounts
- Voluntary Insurance Programs - Pet, Legal/Identity Theft, Critical Illness
- Perks & Discounts –Theme Park Tickets, Gym Discounts & more
Salary : $150,000