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FTC Pricing Analyst

Full-time

At Thermo Fisher Scientific, our Pricing and Commercial Operations teams play a critical role in enabling our business and commercial partners to make informed, data-driven decisions that support our Mission and strengthen our position as a stable and trusted industry leader. Our Pricing and Commercial Operations functions offer meaningful opportunities to develop strong business acumen, influence commercial outcomes, and gain broad career experiences across markets, products, and customer segments. How you will make an impact: Are you a problem solver and love challenges and enjoy working with large data sets? An exciting opportunity has arisen to join the Pricing team! We are a team turning data to insights and influencing a wide array of partners with our diverse and creative team of pricing analysts. In coordination with Commercial, Product Management, Marketing leaders, The Pricing Analyst would lead the pricing processes across various dimensions of the company influencing all pricing decisions and drive the strategies, processes, and systems used to develop, implement, and maintain standard pricing methods around the organization.

  • Develop, automate, and scale data analytics and data visualization to measure business performances, including pricing/ promotion effectiveness, share gain, customer acquisition/retention, win/loss, etc.
  • Own in-depth analysis to narrow down areas of opportunities for price growth and expansion. Identify trends, provide observations, insights and recommendations to answer key business questions and help business decisions
  • Partnering with commercial team on daily pricing requests to drive realized price and be the key gatekeeper to ensure proper approvals are acquired according to approval matrix.
  • Develop Annual Operation Plan (Price) including providing context to market, economic and competitor dynamics. Provision of monthly and quarterly price forecast and commentary.
  • Establish, improve, and maintain various tools to support pricing/ promo decisions, win/loss analysis, predictive modeling, and other critical analyses
  • Perform ad hoc data analysis for business around customer, product, and market dynamics.

    Advanced Degree with no prior experience, or Bachelor's Degree plus 2 years of pricing analytics, commercial operations, or related business experience
  • Knowledge, Skills (incl. systems), Competencies
  • Detail oriented, organized and analytical problem solver with strong commercial orientation and a passion for understanding pricing strategies.
  • Demonstrated ability to operate independently with broad general mentorship against a framework of defined business objectives. Has the ability to prioritize multiple projects at the same time and shows creativity and innovation in presenting ideas.
  • Relate well to all kinds of people, listens and builds constructive relationships.
  • Proficient user of SAP, Power BI, Cognos, excel, PowerPoint, etc.
  • Promote a culture of personal responsibility/accountability and open communications.
  • Demonstrates and promotes the company vision, values and competencies.
  • The ability to identify process and control gaps and champion improvement initiatives through Practical-Process-Improvement
Vacancy posted 7 hours ago
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