Senior Pricing Analyst

As a Senior Pricing Analyst, you will be responsible for conducting pricing research & analysis to support the successful design and development of Thomson Reuters pricing approach across our product portfolio. You will develop systems for collecting and analysing data to compile relevant findings and trends to support the price setting and price execution processes. You will play a key role in designing & conducting pricing research and keep informed on pricing analysis methods and industry trends to develop high impact value-based pricing strategies. In this role, you will also be responsible for developing regular reporting and monitoring of price performance and develop actionable insights to further optimize price/value capture. The Pricing Analyst will partner closely with Commercial Excellence, Product, Product Marketing and Finance teams to ensure we effectively implement our pricing strategies and identify metrics to determine performance of pricing changes.

About the Role

In this opportunity as a Senior Pricing Analyst, you will:

• Conduct pricing research & prepare analysis to gain insight into market trends, pricing strategies, evaluate willingness to pay, product/price positioning utilizing best practices to support price setting.
• Create models to assess price elasticity, feature/price trade-offs, and model the impact of pricing strategies to profitability.
• Track customer engagement & market trends to show effective pricing strategies for existing and new segments.
• Support the maintenance of price databases and execution of price book updates, including annual price increases and discount guidelines and ensure these are effectively delivered for price execution.
• Develop regular price performance reporting, prepare & present findings, and actionable insights to improve pricing action effectiveness.
• Define and conduct pricing analysis to inform pricing strategy for new, renew and upsell/cross-sell offerings.
• Support the financial & commercial validation of pricing proposals for strategic projects & provide objective analysis comparing the outcomes of different pricing strategies.
• Support ad-hoc investigations and projects aimed at improving pricing across the business.
• Collaborate across functions on developing and implementing competitive pricing strategies.

About You

You're a fit for the role of Senior Pricing Analyst if your background includes:

• 5+ years of experience in pricing strategy & execution for B2B companies, preferably SaaS
• Experience in setting strategic and tactical pricing to drive performance in technology intensive industries preferred.
• Exhibits a desire to learn about and understand pricing strategies and execution methodologies.
• Insight led, with capability to obtain, interpret and apply customer and market research.
• Ability to translate data into insights through visualization, and insights into actions.
• Ability to distil complex information via a methodical and structured approach.
• Ability to influence various stakeholders, including senior management, by communicating clearly and persuasively.
• Experience in managing projects preferred.
• Experience with PowerBI, Alteryx, Tableau and/or SQL useful

What's in it For You?

You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

• Hybrid Work Model: We've adopted a flexible hybrid working environment for our office-based roles while delivering a seamless experience that is digitally and physically connected.
• Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing.
• Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.
• Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters cafe networking.
• Social Impact: Eight employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact.
• Purpose Driven Work: We have a superpower that we've never talked about with as much pride as we should - we are one of the only companies on the planet 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.

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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 location(s) for this role include one or more of the following states (CA, CO, CT, NV, WA) and/or remote. The base compensation range for the role in any of those locations is $71,400 - $132,600. 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.

Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we've been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world's most global news services - Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

We are powered by the talents of 25,000 employees across more than 75 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. 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.

Accessibility

As a global business, we rely on diversity of culture and thought to deliver on our 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/Affirmative Action 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.

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More information about Thomson Reuters can be found on https://thomsonreuters.com.