Pricing Specialist

3 weeks ago


Deerfield, Illinois, United States Discover Full time
Job Description:

Key Responsibilities:

  • Develop and implement pricing strategies to drive revenue growth and enhance pricing infrastructure.
  • Collaborate with internal departments to ensure effective communication and implementation of pricing strategies.
  • Analyze revenue drivers, rates, and fees for various client types and systems support pricing components.
  • Manage a pipeline of pricing initiatives and requests, ensuring consistent evaluation and audit, risk, and governance requirements.
  • Work closely with personnel across functions to determine solutions contributing to business strategy efforts, pricing systems enhancements, and other initiatives.

How You'll Do It:

  • Accountable for pricing strategy and communication of revenue, rates, and fees for respective clients, markets, or management.
  • Drive revenue and manage yield for area of responsibility.
  • Lead cross-functional teams to solve business problems using pricing solutions, collaborating and coordinating with internal stakeholders.
  • Formulate mathematical analytics or visual representations of business initiatives/problems, related constants, and variables.
  • Create/enhance procedures and business rules required to support stated policy, as well as documentation and communication of policy both internally and externally.

Qualifications:

  • Bachelor's degree in Finance, Economics, Business Administration, Management, Accounting, Marketing, or related field.
  • 6+ years of experience in Pricing, Financial Services, Transaction Processing, Management Consulting, or related field.
  • In lieu of education, 10+ years of experience in Pricing, Financial Services, Transaction Processing, Management Consulting, or related field.

Physical and Cognitive Requirements:

  • Primarily remain in a stationary position.
  • Occasionally move about the work environment to complete major responsibilities.
  • No ability to transport physical objects.
  • Primarily performed indoors in an office setting.
  • Ability to operate office equipment, communicate verbally, and in written form.

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