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nVent · 1 day ago

Pricing Manager

Anoka, MN

Full-time

Onsite

Mid, Senior Level

$105K/yr - $195K/yr

5+ years exp

nVent is a leading global provider of electrical connection and protection solutions. They are seeking a Pricing Manager to lead the development and deployment of pricing tools, manage pricing data, and collaborate with business leaders on pricing strategies.

Electrical DistributionElectronicsManufacturing

Responsibilities

Lead development and deployment of commercial pricing tools, PriceFx, Tacton, AI-enabled tools and dashboards

Manage end-to-end pricing data to ensure accurate and desired automation results

Design, implement and monitor pricing policies for all products and sales channels

Develop and deploy pricing training and communication tools, ensure pricing policies and procedures are adhered

Managing customer price agreements in collaboration with sales leaders and legal teams

Collaborate with business leaders to recommend pricing strategies and models based upon current business and competitive global dynamics

Perform product and customer profitability analytics through effective price action on customer accounts

Apply pricing data analytics, including target price guidance logic, data-driven recommendation of DOA thresholds, regional price variability recommendations, competitive indexing, price waterfall model and cost-to-serve analysis

Monitor price performance metrics and perform periodic price analysis for product lines, regions, customers

Execute various price strategies in global environment, including global contracts, price leader vs price follower, mature growth market vs penetration growth market strategy

Join a dynamic pricing team that is on a digital pricing transformation journey

Qualification

Pricing tools developmentData analyticsPriceFxTactonSQLTableauPowerBICompetitive analysisNegotiationTeam leadership

Required

Bachelor's degree in Business, Marketing, Finance, Economics, Engineering or Computer Science required

5+ years of experience analyzing data in pricing, sales, finance, or marketing required

Ability to facilitate meetings and negotiate solutions with individuals that may have differing goals and strong opinions

Knowledge performing competitive analysis, data-driven decision-making, market price benchmarking and price volume mix analysis

Preferred

MBA preferred

Experience in the electrical industry is a plus

Experience managing people or leading global pricing teams is highly preferred

Experience with software such as Snowflake, Tableau, SQL or PowerBI preferred

Experience with PriceFx, Tacton, and ERP advanced pricing module preferred

Benefits

Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

A 401(k) retirement plan and an employee stock purchase plan — both include a company match.

Other supplemental benefits such as tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and legal & identity theft protection.