At a Glance
- Tasks: Drive pricing-led decisions and manage pricing review processes.
- Company: Join LGC Group, a leader in science for a safer world.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Other info: Diversity is valued; equal opportunity employer.
- Why this job: Make an impact through analytical insights and collaborative projects in a fast-paced setting.
- Qualifications: 3-5 years in pricing or finance; strong Excel and PowerPoint skills required.
The predicted salary is between 28800 - 43200 £ per year.
Company Description
At LGC, we partner with customers to help diagnose disease, develop medicines, ensure food safety and protect the environment. Our work supports scientists, healthcare professionals and industry around the world, helping solve some of today's most important global challenges.
Job Description
As an Associate Pricing Business Partner, you'll combine commercial thinking with data-driven insight to influence pricing strategy, improve decision making and work closely with Finance, Commercial and Product teams across the Group.
Job Description
This is an excellent opportunity for someone with pricing, commercial finance or analytical experience who enjoys solving business problems through data. You'll own pricing reviews for your business area, deliver meaningful commercial insight and work with senior leaders to improve pricing decisions across multiple markets.
You’ll lead the development of pricing reporting and analysis, finding opportunities to improve efficiency and insight. This is a highly analytical role, ideal for someone confident in Excel and PowerPoint, with experience using business intelligence tools like Tableau and PowerBI.
Success in this role means taking ownership, solving problems, and continuously improving the quality of decisions related to pricing in a fast-paced, evolving environment.
What you’ll do:
This person will have three main areas of responsibility, but provides the opportunity to develop and get involved with new pricing initiatives and projects as the business need arises.
Business partnering
- Lead cross-functional pricing projects that improve commercial performance and operational efficiency.
- Partner alongside team members at every level of seniority on pricing projects and initiatives
- Develop pricing recommendations and commercial analysis to support business growth.
- Find opportunities to use AI-enabled tools to streamline routine analysis, summarise complex information, improve materials and accelerate pricing decision support.
- Build strong relationships across the business and become a trusted pricing partner for commercial teams.
Pricing review processes
- Own the pricing review process for the business unit, from creation of analysis, leading conversations with stakeholders, and ensuring implementation of new pricing into systems.
- Undertake analysis across product ranges, customers, and regions to find opportunities and challenges for consideration by the business.
- Support the continuous improvement of pricing review workflows, including exploring where automation, AI-assisted analysis or document generation can reduce manual effort while maintaining appropriate controls.
- Contribute thought leadership that supports with strategic decision making
- Own improvements and efficiencies for the process, collaborating with the group pricing function to scale these to improve impact.
Price analytics
- Oversee the creation, delivery and impact of regular price reporting, driving quality and efficiency improvements.
- Develop internal understanding of the impact of pricing decisions.
- Contribute to budgeting, forecasting, and performance tracking in collaboration with Finance and Commercial teams
- Use AI-enabled tools responsibly to support data exploration, insight generation, scenario framing and communication of pricing recommendations, ensuring outputs are validated and commercially sound.
- Support the Head of Pricing with the evolution of pricing data and analytical capabilities and tools to drive efficiency and speed of decision making across the organisation.
Qualifications
We’re seeking an analytical professional, with a solid foundation in data analysis, synthesising and presenting findings to drive decision making. We’ll be looking for evidence of tangible impact from your work, as well as demonstration of a growth mindset and desire to learn and question.
- 3–5 years’ experience in pricing, finance, or commercial roles, with a degree or relevant professional qualification
- Strong analytical skills with advanced proficiency in Excel, Powerpoint, and knowledge of Tableau/Power BI
- Excellent attention to detail and clear, engaging communication style
- Ability to influence and present to external partners
- Collaborative teammate, effective across all levels, with strong time and priority management
- Fluent in English, with experience delivering pricing or related projects
Other desirable skills include:
- Familiarity with Tableau, Power BI, IFS, SAP, Salesforce, or similar tools.
- Familiarity with Microsoft Copilot, ChatGPT, Power Automate, Python, SQL or other automation / AI-enabled productivity tools.
- Exposure to the Life Sciences industry.
Additional Information
Our Values:
- Passion
- Curiosity
- Integrity
- Brilliance
- Respect
We are committed to ensuring that every job applicant and employee is valued for their individual talents. We strictly prohibit discrimination on the basis of age, disability, race, colour, ethnic or national origin, sex, sexual orientation, gender reassignment, marital or civil partnership, pregnancy or parental status, religion, or belief. We proudly support an inclusive work environment where everyone can compete and succeed based on their merits.
For more information about us, please visit our website: www.lgcgroup.com
Associate Pricing Business Partner in London employer: LGC Group
LGC Group is an exceptional employer that prioritises employee growth and collaboration, making it an ideal place for those looking to thrive in a remote work environment. With a strong focus on enhancing partner engagement and performance, employees benefit from a supportive culture that encourages innovation and strategic thinking. The company offers comprehensive training and development opportunities, ensuring that team members can advance their careers while contributing to meaningful projects within the TIC sector.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Pricing Business Partner in London
✨Tip Number 1
Familiarise yourself with LGC Group's business model and pricing strategies. Understanding how their various business units operate will help you demonstrate your analytical skills and show that you're ready to contribute from day one.
✨Tip Number 2
Brush up on your Excel and PowerPoint skills, as these are crucial for the role. Consider creating a portfolio of past analyses or presentations that showcase your ability to synthesise data and present findings effectively.
✨Tip Number 3
Network with professionals in the pricing and finance sectors, especially those who have experience in the Life Sciences industry. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 4
Prepare to discuss specific examples of how you've influenced pricing decisions in previous roles. Highlighting your problem-solving skills and ability to drive efficiency will resonate well with the hiring team.
We think you need these skills to ace Associate Pricing Business Partner in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in pricing, finance, or analytical roles. Emphasise your skills in Excel, PowerPoint, and any business intelligence tools like Tableau or PowerBI.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of the role and how your background aligns with LGC Group's needs. Mention specific examples of past projects where you drove pricing decisions or improved processes.
Highlight Analytical Skills:In your application, focus on your analytical abilities. Provide examples of how you've used data analysis to influence pricing strategies or decision-making in previous roles.
Showcase Team Collaboration:Demonstrate your ability to work collaboratively by mentioning experiences where you partnered with cross-functional teams. Highlight how you contributed to successful pricing initiatives or projects.
How to prepare for a job interview at LGC Group
✨Showcase Your Analytical Skills
As an Associate Pricing Business Partner, you'll need to demonstrate your analytical prowess. Be prepared to discuss specific examples of how you've used data analysis to influence pricing decisions in previous roles. Highlight your experience with tools like Excel, Tableau, or Power BI.
✨Understand the Business
Familiarise yourself with LGC Group's operations and how pricing fits into their overall strategy. Research their products and market position so you can speak knowledgeably about how your role will contribute to their success.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about past challenges you've faced in pricing projects and how you approached them. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Demonstrate Collaboration Skills
This role involves working with cross-functional teams, so be ready to discuss your experience in collaborating with others. Share examples of how you've successfully partnered with different departments to achieve pricing objectives and improve operational efficiency.
