At a Glance
- Tasks: Lead pricing strategies and collaborate with teams to maximise profitability.
- Company: Thomson Reuters empowers professionals with trusted content and technology for informed decision-making.
- Benefits: Enjoy a hybrid work model, flexible vacation, mental health days, and comprehensive wellness resources.
- Why this job: Join a globally recognised company making a real-world impact while fostering your career growth.
- Qualifications: 5+ years in B2B pricing, preferably in tech; advanced degree and pricing certification are pluses.
- Other info: Be part of a diverse team committed to justice, truth, and transparency.
The predicted salary is between 48000 - 84000 £ per year.
As the Pricing Manager , you will lead the strategic development and execution of Thomson Reuters\’ pricing initiatives across the portfolio. This role requires a seasoned professional to drive pricing strategy for our key product, forge robust relationships with key stakeholders, and lead on strategic projects within the segments. You will be at the forefront of crafting new pricing models, establishing price levels, and structuring pricing packages. Additionally, you will play a pivotal role in the evolution and leadership of the Pricing Centre of Excellence (CoE), tasked with delivering high-impact, value-based pricing strategies and frameworks that bolster business revenue and margin growth throughout the customer lifecycle. Collaborating closely with the Sales, Product, Product Marketing, Commercial Excellence, and Finance, you will ensure the seamless execution of our pricing strategies and define key metrics to gauge the effectiveness of pricing changes.
About the Role
In this opportunity as a Pricing Manager , you will:
- Lead the design and execution of effective pricing strategies, ensuring alignment with Product, Finance, and GTM teams to synchronize priorities and achieve revenue objectives.
- Direct comprehensive pricing analyses to shape the pricing strategy for new, renewal, and upsell/cross-sell offerings, with a focus on maximizing profitability.
- Develop and refine complex models to assess price sensitivity, feature/price trade-offs, and pinpoint opportunities for pricing optimization.
- Oversee the creation and maintenance of price books and discount guidelines, ensuring they facilitate simplification and standardization.
- Collaborate with Commercial Excellence teams to implement system enhancements and automated quoting capabilities.
- Establish annual price adjustments, govern discounting practices, and create governance frameworks to maintain consistency across products.
- Lead pricing support for high-priority strategic initiatives, including pricing overhauls and the introduction of new products & propositions.
- Conduct in-depth analysis on the impact of pricing decisions and work cross-functionally to devise and refine pricing metrics to track and improve performance.
- Support the Director in training, upskilling and leading other team members
Key Competencies
- An experienced B2B pricing expert with 5+ years in the field, demonstrating a proven track record in price setting and execution in technology-driven industries.
- A strong passion for mastering pricing strategies and methodologies
- An analytical mindset, adept at acquiring, interpreting, and leveraging customer and market insights to inform pricing decisions.
- A methodical and structured thinker who excels in simplifying complex scenarios and processes.
- A doer with a bias for action, who thrives on developing and implementing pricing policies to drive business outcomes.
- Proficient in the deployment and enhancement of pricing and quoting tools, with a focus on driving efficiency and accuracy.
- Demonstrated ability to exert influence and drive consensus among various stakeholders, including the ability to engage and persuade senior leaders with clear, compelling narratives and evidence-based analysis.
- Strong project management skills, capable of leading complex, cross-functional projects with meticulous attention to detail and deadlines.
- Keen interest in AI technologies in the industry and proficient using AI tools in the workplace
About You
You\’re a fit for the role of Pricing Manager if your background includes:
- A minimum of 5 years of experience in B2B pricing, with experience within technology or SaaS or related industries.
- Advanced degree in Business, Economics, Finance, or a related field preferred.
- Professional pricing certification (such as CPP) is a plus.
- Experience with Alteryx, SAP and PowerBi a plus
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What’s in it For You?
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Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.
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Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.
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Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.
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Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
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Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.
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Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.
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Making a Real-World Impact: We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.
In the United States, Thomson Reuters offers a comprehensive benefits package to our employees. Our benefit package includes market competitive health, dental, vision, disability, and life insurance programs, as well as a competitive 401k plan with company match. In addition, Thomson Reuters offers market leading work life benefits with competitive vacation, sick and safe paid time off, paid holidays (including two company mental health days off), parental leave, sabbatical leave. These benefits meet or exceeds the requirements of paid time off in accordance with any applicable state or municipal laws. Finally, Thomson Reuters offers the following additional benefits: optional hospital, accident and sickness insurance paid 100% by the employee; optional life and AD&D insurance paid 100% by the employee; Flexible Spending and Health Savings Accounts; fitness reimbursement; access to Employee Assistance Program; Group Legal Identity Theft Protection benefit paid 100% by employee; access to 529 Plan; commuter benefits; Adoption & Surrogacy Assistance; Tuition Reimbursement; and access to Employee Stock Purchase Plan. Thomson Reuters complies with local laws that require upfront disclosure of the expected pay range for a position. The base compensation range varies across locations. Eligible office location(s) for this role include one or more of the following: New York City, San Francisco, Los Angeles, and/or Irvine, CA; McLean, VA; Washington, DC. The base compensation range for the role in any of those locations is $134,680 – $250,120. For any eligible US locations, unless otherwise noted, the base compensation range for this role is $116,900 – $217,100. This role may also be eligible for an Annual Bonus based on a combination of enterprise and individual performance. Base pay is positioned within the range based on several factors including an individual’s knowledge, skills and experience with consideration given to internal equity. Base pay is one part of a comprehensive Total Reward program which also includes flexible and supportive benefits and other wellbeing programs.
About Us
Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.
We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments. At a time when objectivity, accuracy, fairness, and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.
As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity Employer providing a drug-free workplace.
We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law. More information on requesting an accommodation here .
Learn more on how to protect yourself from fraudulent job postings here .
More information about Thomson Reuters can be found on thomsonreuters.com.
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Pricing Manager employer: Thomson Reuters
Contact Detail:
Thomson Reuters Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Manager
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies, especially in technology and SaaS industries. Understanding how companies are adapting their pricing models in response to market changes will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in pricing roles or related fields. Attend industry events or webinars where you can connect with others who work at Thomson Reuters or similar companies. Building these relationships can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your analytical skills, particularly with tools like Alteryx, SAP, and PowerBi. Being able to demonstrate proficiency in these tools during your conversations can set you apart as a candidate who is ready to hit the ground running.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully implemented pricing strategies in the past. Be ready to share metrics that showcase your impact on revenue growth and profitability, as this will resonate well with the hiring team.
We think you need these skills to ace Pricing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in B2B pricing, particularly within technology or SaaS industries. Emphasise your analytical skills and any specific pricing strategies you've successfully implemented.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your passion for pricing strategies and methodologies. Use specific examples from your past roles to illustrate how you have driven pricing initiatives and collaborated with cross-functional teams.
Showcase Relevant Skills: Highlight your proficiency in tools like Alteryx, SAP, and PowerBi, as well as any professional pricing certifications. Mention your project management skills and ability to influence stakeholders effectively.
Research Thomson Reuters: Familiarise yourself with Thomson Reuters' products and pricing models. Understanding their business and the role of the Pricing Centre of Excellence will help you tailor your application and show genuine interest.
How to prepare for a job interview at Thomson Reuters
✨Understand Pricing Strategies
Familiarise yourself with various pricing strategies and models relevant to the technology sector. Be prepared to discuss how you would apply these strategies to Thomson Reuters' products, showcasing your analytical mindset and ability to drive profitability.
✨Showcase Stakeholder Engagement Skills
Highlight your experience in collaborating with cross-functional teams such as Sales, Product, and Finance. Prepare examples of how you've successfully influenced stakeholders and driven consensus on pricing initiatives in previous roles.
✨Demonstrate Analytical Proficiency
Be ready to discuss your experience with data analysis tools like Alteryx, SAP, or PowerBi. Provide specific examples of how you've used data to inform pricing decisions and optimise pricing models in past positions.
✨Prepare for Scenario-Based Questions
Anticipate scenario-based questions that assess your problem-solving skills in pricing strategy execution. Think through potential challenges you might face in this role and how you would address them, particularly in relation to market dynamics and customer behaviour.