At a Glance
- Tasks: Review and analyse pricing requests, develop strategies, and support the sales team.
- Company: Join a leading logistics company with a focus on innovation and growth.
- Benefits: Competitive salary, career development opportunities, and a supportive work environment.
- Other info: Dynamic role with opportunities for professional growth and learning.
- Why this job: Make an impact by shaping pricing strategies and driving profitable growth.
- Qualifications: Bachelor’s degree in Finance, Accounting, or related field preferred; strong Excel skills required.
The predicted salary is between 30000 - 40000 £ per year.
This position reviews incentive requests for accuracy. He/She conducts analysis and prepares agreements for approval using revenue management tools to ensure Marken/UPS’s approval guidelines have been met. This position supports the sales team in their efforts to grow profitable volume through incentive proposals, answers pricing-related questions, and provides supplemental information to sales during the pricing appeal process.
Responsibilities
- Develops appropriate pricing strategies for individual accounts
- Develops and implements incentive agreements
- Compares and benchmarks sales requests to competitive market rates for similar type accounts
- Ensures compliance with UPS revenue management policies and profitability goals
- Completes analysis in support of pricing analyst with basic direction
- Obtains knowledge of pricing systems and tools to accurately monitor proposals through the bid cycle
- Works with appropriate internal systems to ensure timely and accurate pricing implementation
Qualifications
- Bachelor’s Degree or International equivalent - Preferred
- Bachelor’s Degree or International equivalent in Finance, Accounting, Math, Economics or related field - Preferred
- Proficient in Microsoft Office Word, PowerPoint, and Excel
- Strong interpersonal, written, and verbal communication skills
- Understands basic financial terminology and concepts
Pricing Analyst employer: UPS
Marken/UPS is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the Pricing Analyst role. Employees benefit from comprehensive training and development opportunities, ensuring continuous growth in their careers while working in a dynamic environment that values accuracy and strategic thinking. Located in a thriving business hub, the company offers competitive compensation packages and a supportive atmosphere that encourages teamwork and professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like UPS. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to UPS.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on UPS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at UPS
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with UPS.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at UPS will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former UPS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
