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Pricing Analyst

2 months ago

Castle Donington, Leicestershire, United Kingdom Mediq UK Full time

Pricing Analyst Role Overview

MEDiQ UK, a leading supplier of healthcare consumables, equipment, and devices, is seeking a Pricing Analyst to join its Commercial Emblement Team. The successful candidate will be responsible for owning the pricing data set, combining internal customer/product prices with external datasets to create and maintain the pricing 'bible.'

Key Responsibilities

  • Own the pricing data set, combining internal customer/product prices with external datasets to create and maintain the pricing 'bible.'
  • Create data-driven channel/customer guidelines for list pricing and establish a central governance pricing process, shifting sole responsibility from sales reps.
  • Work with UK SLT and group-level pricing specialists to develop and implement pricing strategies with strong external benchmarks and thorough analysis.
  • Monitor and manage pricing to ensure competitiveness and profitability.
  • Report monthly to the UK SLT on pricing progress, recommending areas of focus where business is being lost/not won due to poor pricing policy.
  • Conduct regular reviews and updates of pricing policies and procedures.
  • Police the UK organization to ensure pricing policy is followed at all times.
  • Translate the annual planning cycle margin commitments into a granular customer/product execution plan with necessary tracking to ensure it is executed.

About the Ideal Candidate

We are looking for a data-driven individual with a passion for pricing and margin management. The ideal candidate will have a Bachelor's degree in a relevant business-related discipline, excellent communication and interpersonal skills, and strong data and analytical skills. They will be able to combine multiple datasets, interrogate data, and build structured models that can be built upon. The candidate will also be able to communicate effectively with sales managers and representatives and be comfortable bringing their data-driven conclusions to that audience.

Benefits

  • 25 days holiday plus bank holidays.
  • 4x Life Assurance.
  • Pension scheme.
  • Sick Pay.
  • Cycle to work scheme.
  • Employee Assistance Programme.

Please note that this job description is not exhaustive and additional duties may be assigned as needed.