At a Glance
- Tasks: Lead the pricing strategy for our Healthcare division and ensure alignment with business goals.
- Company: Join GlobalData, a fast-growing information services company shaping industry intelligence worldwide.
- Benefits: Enjoy diverse benefits including health, fitness, travel perks, and a supportive work environment.
- Why this job: Be part of a transformative journey in a collaborative, entrepreneurial culture that values your input.
- Qualifications: Bachelor's degree and experience in pricing or revenue management required; strong analytical skills a must.
- Other info: We embrace diversity and are committed to creating an inclusive workplace for all.
The predicted salary is between 43200 - 72000 £ per year.
Who we are… 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. Why join GlobalData? GlobalData is at a pivotal point in its growth journey. Following multiple acquisitions and having recently received transformational investment we need curious, ambitious, courageous people to support us in achieving our vision of becoming the world’s trusted source of strategic industry intelligence. Our big ambitions mean that life at GlobalData is fast paced, entrepreneurial and rewarding. We recognise the collective power of our people, and it’s the collaboration of our teams that have shaped our success and will continue to do so in the future. The role… The Pricing Lead is responsible for implementing and enforcing the company\’s pricing strategy across the Healthcare division. The Pricing lead will enjoy a high impact and collaborative role, ensuring that pricing decisions align with overall business objectives, drive profitability, and maintain competitiveness. The Pricing Lead will work closely with senior management, sales teams, and the COO to enforce pricing discipline and adapt the methodology to changing market conditions. This is an exciting opportunity for pricing specialist to join us at a pivotal point of in our transformation and work to deliver an essential pillar of our growth plan. The role will be incredibly diverse, from the stakeholders it engages with to the processes and technology it interacts with. What you’ll be doing… Pricing Implementation – Lead 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 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. – Partnering with Sales Enablement to ensure a holistic approach is applied to how we educate our sales teams 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 in business, Finance, Economics, or related field. – Several years of experience in pricing, revenue management, or a similar role, with a strong focus on strategic pricing. – Proven experience implementing and enforcing pricing strategies within a mid-market data and technology business, ideally with industry expertise. – 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. – Strong working knowledge of the set up and configuration of pricing/quoting tools, including Salesforce CPQ or equivalent. – Exposure to pricing software and tools, such as pricing databases, ERP systems, and financial modelling tools. – Strong focus on accuracy and adherence to policies. – Experience leading pricing initiatives and influencing stakeholders across the organization. – Ability to quickly respond to market changes while maintaining strategic pricing discipline. – A proactive and solution orientated 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. To find out more about the roles and benefits on offer in your region, visit careers.globaldata.com 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. GlobalData is determined to ensure that no applicant or employee receives less favourable treatment on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, race, or is disadvantaged by conditions or requirements which cannot be shown to be justifiable. #LI-HYBRID #LI-ES1
Divisional Pricing Lead - Healthcare (Apply inminutes) employer: GlobalData
Contact Detail:
GlobalData Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Divisional Pricing Lead - Healthcare (Apply inminutes)
✨Tip Number 1
Familiarize yourself with GlobalData's pricing strategy and recent market trends in the healthcare sector. Understanding the nuances of their approach will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Highlight your experience with pricing tools like Salesforce CPQ or similar software. Be prepared to discuss how you've used these tools to implement pricing strategies effectively in previous roles.
✨Tip Number 3
Showcase your ability to collaborate with cross-functional teams. Provide examples of how you've worked with sales, finance, and product teams to align pricing strategies with business objectives.
✨Tip Number 4
Prepare to discuss your analytical skills and how you've assessed the financial impact of pricing decisions. Being able to present data-driven insights will demonstrate your strategic thinking capabilities.
We think you need these skills to ace Divisional Pricing Lead - Healthcare (Apply inminutes)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Pricing Lead position. Tailor your application to highlight relevant experiences that align with the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in pricing, revenue management, or similar roles. Provide specific examples of how you've implemented pricing strategies and collaborated with stakeholders.
Showcase Financial Acumen: Demonstrate your strong financial acumen by including examples of how you've analyzed pricing data and market trends. This will show your ability to assess the financial impact of pricing decisions.
Communicate Effectively: Since excellent communication skills are crucial for this role, ensure your application reflects your ability to convey complex information clearly. Use concise language and structure your documents well.
How to prepare for a job interview at GlobalData
✨Understand the Pricing Strategy
Make sure you have a solid grasp of pricing strategies, especially in the healthcare sector. Be prepared to discuss how you would implement and enforce these strategies effectively.
✨Showcase Your Analytical Skills
Highlight your ability to analyze complex pricing data and market trends. Bring examples of how you've used data to drive pricing decisions in previous roles.
✨Demonstrate Stakeholder Collaboration
Prepare to discuss your experience working with cross-functional teams, particularly sales and finance. Share specific instances where your collaboration led to successful pricing outcomes.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think about potential challenges in pricing implementation and how you would address them proactively.