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- Tasks: Analyse pricing strategies and collaborate with teams to drive profitability.
- Company: GlobalData helps clients decode the future with expert analysis and innovative solutions.
- Benefits: Enjoy a range of perks including health, fitness, and tech support.
- Why this job: Join a fast-paced, entrepreneurial environment at a pivotal growth stage.
- Qualifications: Bachelor’s degree and several years of commercial experience required.
- Other info: Open to both permanent and interim candidates; diversity and inclusion are core values.
The predicted salary is between 43200 - 72000 £ per year.
GlobalData is a specialist information services business on a mission to help our clients decode the future, make better decisions and reach more customers. Using our unique data, expert analysis and innovative solutions we deliver intelligence on the world’s largest industries for companies, government organisations and industry professionals. We began our journey in 2016, by combining a diverse range of specialist information services companies, with decades of trusted customer relationships and deep sector specialisms. Today, we operate as a single company and one fully integrated platform, with more than 3,500 colleagues worldwide, across 20+ industries, delivering value for over 5,000 customers.
The Senior Analyst is responsible for providing key analysis to the Pricing Director and other key stakeholders across the business, to support implementing and enforcing the company's pricing strategy. The Senior Analyst will enjoy a high impact and collaborative role, ensuring that pricing decisions align with overall business objectives, drive profitability, and maintain competitiveness. The Senior Analyst will work closely with sales teams to enforce pricing discipline and adapt the methodology to changing market conditions. This is an exciting opportunity for a pricing specialist to join us at a pivotal point of our transformation and work to deliver an essential pillar of our growth plan.
What you’ll be doing…
- Pricing Implementation: Support the rollout of the newly defined pricing strategy across division. Ensure pricing guidelines are followed across product lines, regions, and customer segments. Communicate and train internal stakeholders on pricing methodology.
- Monitoring & Enforcement: Establish robust controls and systems to monitor adherence to pricing methodologies. Work with finance and sales teams to audit pricing compliance and ensure consistent enforcement. Identify and address deviations from established pricing policies, applying corrective actions where necessary.
- Stakeholder Collaboration: Collaborate with sales, finance, and product teams to ensure pricing is aligned with market demand and business objectives. Support Business Development and Account Managers in negotiations with key customers, ensuring they are correctly positioning value in how we price and package our products and solutions. Partner extensively with Sales Enablement to ensure a holistic approach is applied to how we educate our existing sales teams and future hires, on pricing strategy, tools and messaging.
- Financial Impact Assessment: Analyse the financial impact of pricing decisions and strategies, providing insights to leadership on performance against revenue and profit targets. Track and report on pricing strategy performance, identifying areas for improvement.
- Process Optimization: Continuously refine pricing processes, tools, and systems for efficiency and effectiveness. Develop and maintain a pricing database and ensure the accuracy of data used in pricing analysis.
What we’re looking for…
- Bachelor’s degree.
- Several years of commercial experience.
- Strong financial acumen and ability to analyse complex pricing data and market trends.
- Excellent communication and negotiation skills to enforce pricing discipline across various levels of the organization.
- A highly analytical mindset with great problem-solving skills, able to interpret complex financial data and provide actionable insights.
- Strong focus on accuracy.
- Excellent financial modelling skills, with Excel, VBA and programming skills to deliver game-changing models.
- A proactive and solution-oriented approach, able to identify gaps in pricing execution and work proactively to solve them.
In addition to a rewarding career, we support our GlobalData colleagues with a range of benefits across health, finances, fitness, travel, tech and more. GlobalData believes strongly in the value of diversity and creating supportive, inclusive environments where our colleagues can succeed. As such, we are proud to be an Equal Opportunity Employer.
Pricing – Senior Analyst employer: GlobalData Plc
Contact Detail:
GlobalData Plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing – Senior Analyst
✨Tip Number 1
Familiarise yourself with GlobalData's pricing strategy and recent market trends. Understanding their approach will help you engage in meaningful conversations during interviews and demonstrate your analytical mindset.
✨Tip Number 2
Network with current or former employees of GlobalData on platforms like LinkedIn. This can provide you with insider insights about the company culture and expectations for the Senior Analyst role, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented pricing strategies in previous roles. Highlighting your experience with financial modelling and data analysis will showcase your suitability for the position.
✨Tip Number 4
Stay updated on industry news and developments related to pricing strategies. Being knowledgeable about competitors and market dynamics will allow you to speak confidently about how you can contribute to GlobalData's growth.
We think you need these skills to ace Pricing – Senior Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing analysis, financial modelling, and stakeholder collaboration. Use specific examples that demonstrate your analytical skills and ability to drive profitability.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with GlobalData's mission and how you can contribute to their pricing strategy and overall business objectives.
Highlight Relevant Skills: Emphasise your strong financial acumen, analytical mindset, and problem-solving abilities. Mention your proficiency in Excel, VBA, and any programming skills that could enhance pricing models.
Showcase Communication Abilities: Since the role involves collaboration with various teams, illustrate your excellent communication and negotiation skills. Provide examples of how you've successfully enforced pricing discipline or trained stakeholders in previous roles.
How to prepare for a job interview at GlobalData Plc
✨Understand the Pricing Strategy
Before the interview, make sure you have a solid grasp of pricing strategies and methodologies. Familiarise yourself with how they impact business objectives and profitability, as this will be crucial in demonstrating your expertise during discussions.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've analysed complex pricing data or market trends. Highlight your financial modelling skills, especially with Excel and VBA, as these are key for the role.
✨Emphasise Collaboration Experience
Since the role involves working closely with various teams, be ready to share experiences where you've successfully collaborated with sales, finance, or product teams. This will show your ability to work in a cross-functional environment.
✨Prepare for Problem-Solving Scenarios
Think of instances where you've identified gaps in pricing execution and how you proactively addressed them. Being able to articulate your problem-solving approach will demonstrate your proactive and solution-oriented mindset.
