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Senior Pricing Analyst
Insight Global
Insight Global Irving, TX
Apply
$74k-90k (estimate)
Full Time 1 Day Ago
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Insight Global is Hiring a Senior Pricing Analyst Near Irving, TX

Job Title: Senior Pricing Analyst

Location: Irving, TX

Schedule: Monday-Friday - 8:00am-5:00pm, Monday-Wednesday on site, Thursday-Friday WFH

Compensation: $80,000-$98,000 8% annual bonus

Job Description:

The Senior Pricing Analyst will drive the analysis and execution of the Pricing and Promotions strategy and tactics. Exceptionally strong analytical and math skills are required, along with experience manipulating large data sets using internal data warehouse system. Proven leadership and collaboration skills are required to create strong cross functional relationships with Category Management, Marketing, Store Operations, and Inventory. Leading in efforts to drive strategic pricing across the company.

Analysis

  • Conduct analysis to support pricing initiatives, adding rigor to existing methodologies and developing key metrics and analytics to support pricing strategy and tactics.
  • Gather data and perform complex analyses manipulating large data sets to create thoughtful, robust business analyses.
  • Analyze issues, develop insights, and formulate data-based hypotheses.
  • Present findings to leadership and Category Merchant partners during strategy sessions.
  • Support Director Pricing Advisory in creating reports and in data analysis.

Promotion Pricing Analysis:

  • Working with Category Merchants, develop pre-season promotion strategies to optimize sales and gross margin in alignment with company goals.
  • Utilize internal Discount Optimization Tool for historical performance and other data sources to develop reports and strategic insights that Category Merchants can use to improve promotion performance.
  • Work with Category Merchant, and Director to analyze results and recommend shifts in promotion strategies for both in-season and future promotions.
  • Prepare and coordinate Markdown Optimization Process.

Regular Price Strategy and Analysis:

  • Work with Pricing Directors, Pricing Managers, Category Management to develop pricing lines and ladders within a category for value perception to the customer.
  • Become the pricing expert in understanding the competitive landscape. Using data scraping web tools for tracking internet pricing and in person comp shops to make recommendations for in store shelf pricing to maintain competitive advantage.
  • Work alongside the Pricing Analytics team to measure results of price changes, and price tests.
  • Monitor and analyze performance by category and market to make recommendations on future tests to run and actions to roll out to the chain.

Clearance Price Strategy and Analysis:

  • Work closely with Category Merchants and Merchandise Planning to develop an optimized clearance cadence strategy across the chain of stores to time with in-store category resets.

Education Requirement:

  • BS in Business, Math, Statistics or Finance

Job Requirements:

  • Minimum 5 years in Business
  • Analyst role in an analytical function
  • Experience with utilizing internal data warehouse systems to pull data metrics for analysis.
  • Experience with price web scraping tools a plus
  • Retail experience as a pricing expert, planner, assistant buyer, analyst preferred.
  • Intermediate to advanced Excel skills including VLOOKUP's, pivot tables, comfort with writing formulas, etc.

Job Summary

JOB TYPE

Full Time

SALARY

$74k-90k (estimate)

POST DATE

06/09/2024

EXPIRATION DATE

06/22/2024

WEBSITE

insightglobal.com

HEADQUARTERS

BALTIMORE, MD

SIZE

500 - 1,000

FOUNDED

2001

CEO

TYLER HODGINS

REVENUE

$500M - $1B

INDUSTRY

Business Services

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About Insight Global

We arent just a staffing company. Were a company that cares for others. It might sound lofty, but it's the idea that gets us up everyday, determined to make it true. Insight Global is a company that people can anchor to in moments of triumph, struggle, and every time in between. Whoever you are and wherever you come from, you matter to us and we have your back. Together, anything is possible.

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