Pricing Analyst

Summary:The Pricing Analyst is responsible for developing pricing strategies and tactics that support the goals of a group of categories using pricing software and analysis. The Pricing Analyst will collaborate with Merchandising Category Managers and other support teams to deliver desired business outcomes.More specifically, the Pricing Analyst will work directly with Merchandising Category Managers to understand the business opportunities and nuances and develop a recommended pricing solution through pricing analytics. The role is a mix of hard and soft skills: Day-to-day duties will include using dunnhumby PriceStrat software to recommend and manage pricing for a set of categories. Analytics outside of our main tool may be developed using a combination of strategy and pricing frameworks and data manipulated via database reporting tools, SQL, Alteryx, Excel, and Tableau. The Pricing Analyst will influence pricing action by translating analytics into everyday language, presentations, and visuals to gain support for our recommendations.RESPONSIBILITIES:Pricing Strategy:o Collaborate with pricing and merchandising leadership to understand and define financial targets, competitive goals, and pricing logic requirements.Ongoing Price Management:o Manage, analyze, and recommend price changes for a group of categorieso Maintain and contribute to accurate foundational pricing data elementso Evaluate effectiveness of pricing methods and rules. Identify opportunities and recommend refinements to rules and their usage within our tools to achieve financial and competitive goals.o Develop ad-hoc pricing analyses and recommendations as neededCategory Analytics:o Communicate pricing trends and supporting analytics to pricing, merchandising, and leadershipo Create relevant category analytical tools/reports/dashboards that encompass pricing data in connection with consumer, customer, and competitor insightsAdditional duties as assigned or requiredQUALIFICATIONS:Bachelor's Degree in Statistics, Economics, Mathematics, Analytical Business Specialty, or commensurate retail experience preferred3 years of experience in retail, analysis, and/or pricing preferredProficient in a wide range of analytical, quantitative, and statistical techniques and tools to derive insights from large, complex data environmentsAdvanced Excel skills requiredExperience with third-party pricing software added bonus (e.g., PriceStrat, Revionics, DemandTec, ClearDemand)Excellent communication skills both written and verbalExceptional teamwork, collaboration, and influencing skillsStrong organizational, planning, and time management skillsStrong work ethic complemented with a positive, can-do attitudeEight Eleven Group (DBA Calculated Hire) provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, national origin, age, sex, citizenship, disability, genetic information, gender, sexual orientation, gender identity, marital status, amnesty or status as a covered veteran in accordance with applicable federal, state, and local laws.ABOUT EIGHT ELEVEN:At Eight Eleven, our business is people. Relationships are at the center of what we do. A successful partnership is only as strong as the relationship built. Were your trusted partner for IT hiring, recruiting and staffing needs.For over 16 years, Eight Eleven has established and maintained relationships that are designed to meet your IT staffing needs. Whether its contract, contract-to-hire, or permanent placement work, we customize our search based upon your company's unique initiatives, culture and technologies. With our national team of recruiters placed at 21 major hubs around the nation, Eight Eleven finds the people best-suited for your business. When you work with us, we work with you. Thats the Eight Eleven promise.Eight Eleven Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, national origin, age, sex, citizenship, disability, genetic information, gender, sexual orientation, gender identity, marital status, amnesty or status as a covered veteran in accordance with applicable federal, state, and local laws.