Pricing Analyst
What is a Pricing Analyst?
A pricing analyst is a business professional who works with corporations to assess their current and potential product lines, determine their value, and help the company achieve its financial goals. As a pricing analyst, you might conduct market research to learn how competitors price their products and services and then work with your company's leadership to set competitive prices that maximise profits.
The role of a pricing analyst is multifaceted—you'll need to be able to take on a variety of responsibilities, including building financial models, performing risk analysis, and communicating regularly with other departments within the company.
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Pricing Analyst Job Description
Pricing Analyst Job Overview
As a Pricing Analyst, you'll be responsible for maintaining price points and understanding the customer base. You'll analyse customer data, run pricing models to determine pricing points, and make recommendations based on your findings. You'll also manage the customer rebates program, including working with suppliers and customers to ensure that rebates are correctly fulfilled.Responsibilities of a Pricing Analyst
- Gather data on product sales and prices
- Analyse the data to determine trends
- Making product pricing recommendations to management
- Monitoring the effectiveness of price changes
- Acting as a liaison between customers and sales management
- Manage products in a company's database to ensure that they are listed with correct pricing information
- Work with teams across the company's different business units to implement new pricing strategies
- Develop reports on performance metrics that relate to pricing, such as revenue and profit
- Create new pricing structures for products based on the analysis of data
Pricing Analyst Skills & Qualifications
- A./B.S. in economics, statistics, or a related field
- Prior experience working with large amounts of data (you should have at least three years of experience as a pricing analyst or data analyst)
- Some sales, marketing, or another business-related field experience is required
- Have experience with delivering reports to multiple audiences, including senior management.
- Ability to use Excel, SQL, and R
Skills
- Strong analytical skills
- Ability to work independently and collaboratively
- Work well under pressure and deadlines
- Strong written and verbal communication skills
- The ability to perform statistical analysis according to industry standards
- Strong written communication skills
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Pricing Analyst Jobs currently open:
Actuarial Pricing AnalystLocation: Midrand
Salary:
Are you a problem-solver with a knack for data-driven decision-making? A dynamic actuarial team is looking for an analytical thinker to quantify risk, refine pricing models, and drive product innovation in a fast-paced insurance environment.
12 days ago
Data Analyst - Short-term pricing
Location: Centurion
Salary:
Are you a problem-solver with a passion for analytics, pricing innovation, and risk assessment? Join a dynamic actuarial team where you’ll be at the forefront of optimizing pricing models, driving product innovation, and making a real impact in the fast-paced world of insurance.
25 days ago
Actuarial Analyst - Short-term pricing
Location: Midrand
Salary:
Actuarial analysts – Shape the Future of Short-Term Insurance! Are you a problem-solver with a passion for analytics, pricing innovation, and risk assessment? Join a dynamic actuarial team where you’ll be at the forefront of optimizing pricing models, driving product innovation, and making a real impact in the fast-paced world of insurance.
25 days ago
Actuarial Analyst (Pricing)
Location: Johannesburg
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70 days ago
Actuarial Analyst: Pricing
Location: Capetown
Salary: Market-Related
Actuarial analyst: pricing in Cape Town
76 days ago
Junior Actuarial Analyst (Short-term insurance)
Location: Johannesburg
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Seeking an Actuarial pricing analyst in Short-Term Insurance.
21 days ago
Senior Credit Data Analyst
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A leading financial institution is seeking a Senior Credit Data analyst to join its team.
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