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Pricing Analyst (Pharma Industry)
Fresenius Kabi Zurich, IL
$71k-87k (estimate)
Full Time | Specialty Trade in Construction 4 Days Ago
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Fresenius Kabi is Hiring a Pricing Analyst (Pharma Industry) Near Zurich, IL

Join Fresenius Kabi as a Pricing Analyst on our Contract Marketing Team.

The Analyst, Contract Marketing and Commercial Analysis extracts, analyzes, and interprets data from an array of systems to address complex business issues. The Analyst also prepares and summarizes commercial and customer analysis to identify key trends and communicates business drivers, market dynamics, competitive landscapes, and product/therapy opportunities to marketing and sales teams.

Responsibilities

  • Communicates findings, trend analyses and recommendations verbally and in writing to management and other stakeholders.
  • Develops and manages reporting templates used to analyze and interpret data.
  • Ensures data quality of all outgoing reports and analyses.
  • Designs complex ad hoc reports to support a variety of functional areas.
  • Recommends actions by analyzing and interpreting data and making comparative analyses; studying proposed changes in methods and materials (i.e. market competitive trends, customer specific trending).
  • Identify process improvement opportunities and develop or enhance tools to assist in the work deliverables.
  • Provide recommendations and review the analysis and business drivers based on cost-benefit analysis interpretation.
  • Anticipate the consequences of pricing and business analysis decisions while weighing multiple factors, and review as appropriate with management.
  • Act as project manager and provide analytical support / guidance for minor GPO bid roles. Assist with major GPO bid roles.
  • Review and action contract compliance monthly.
  • Provide guidance and recommendations on pricing activities, initiatives and deliverables for the Commercial organization.
  • Analyze and prepare analysis for the weekly marketing/Commercial Contracting and Analysis update meeting and provide pricing recommendations based on these analysis and feedback.
  • Use SAP, TM1, BEX, MicroStrategy, Qlik and other databases and tools to obtain, prepare, compile and analyze information.
  • Analyze key KPIs such as forecast accuracy to drive improvements in our demand planning.
  • Work with marketing managers and supply chain to ensure the demand forecast is entered into the system.
  • Provide support during the new molecule process by ensuring models and information is up to date.
  • Support the financial forecasting, budgeting and long term planning process.

Requirements

  • Bachelor’s degree required, MBA preferred.
  • 2-4 years of experience in Finance, Marketing, Supply Chain, Demand Planning roles with a proven analysis background. Experience in the pharmaceutical industry preferred.
  • Must be analytical, have excellent organization skills, with the ability to prioritize projects.
  • Ability to work independently.
  • Strong verbal and written communication skills required.
  • Must have advanced skills in Microsoft Excel, Proficiency in Word and Outlook required and knowledge of PowerPoint, Access and Qlik experience preferred.

Additional Information

We offer an excellent salary and benefits package including medical, dental and vision coverage, as well as life insurance, disability, 401K with company match, and wellness program.

Fresenius Kabi is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, citizenship, immigration status, disabilities, or protected veteran status.

Job Type: Full-time

Pay: $65,000.00 - $75,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Paid time off
  • Parental leave
  • Tuition reimbursement
  • Vision insurance

Schedule:

  • Day shift
  • Monday to Friday

Work Location: Hybrid remote in Lake Zurich, IL

Job Summary

JOB TYPE

Full Time

INDUSTRY

Specialty Trade in Construction

SALARY

$71k-87k (estimate)

POST DATE

06/09/2024

EXPIRATION DATE

10/05/2024

WEBSITE

fresenius-kabi.com

HEADQUARTERS

ISLAND LAKE, IL

SIZE

7,500 - 15,000

FOUNDED

1999

TYPE

Private

CEO

JORDAN CRUZ

REVENUE

$1B - $3B

INDUSTRY

Specialty Trade in Construction

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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.

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

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

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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.

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

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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.

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

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Use pricing models to measure product profitability.

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Undertake ad-hoc pricing analysis as required by superiors.

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

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

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