Senior Pricing Analyst

bp; Blaine (MN); Hybrid; USD 105,000 - 150,000; Full time

Benefits offered by this job

Health insurance

Vacation and holidays

Parental leave

401k matching

Job summary

bp is seeking a highly analytical Senior Pricing Analyst to join our team in the United States. The role focuses on developing and implementing pricing strategies to optimize revenue and market share while enhancing the customer experience.

Responsibilities include leading pricing initiatives across product categories, analyzing market trends and customer data, and collaborating with marketing, sales, and product teams to design offers and promotions that drive growth and engagement.

Qualifications

• Proven experience as a Pricing Analyst, preferably in a senior capacity.
• Strong analytical thinking skills with the ability to interpret complex data and draw actionable insights.
• Experience with SAP preferred
• Demonstrated experience in Retail Category Management and customer segmentation.
• Proficiency in customer centric thinking and customer service design principles.
• Experience with offer execution and growth initiatives.
• Ability to effectively use market research and apply findings to strategic decisions.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across functions.
• A creative and innovative approach to problem-solving.
• Strong commercial acumen and understanding of business drivers.
• Experience with agility core practices is highly desirable.

Responsibilities

• Lead the development and execution of pricing strategies across various product categories, aligning with commercial objectives and market dynamics.
• Conduct in-depth analysis of market trends, competitor pricing, and customer segmentation data to identify pricing opportunities and threats.
• Utilize market research effectively to inform pricing decisions and validate proposition development.
• Develop and implement customer journey mapping to understand customer behavior and identify pain points related to pricing.
• Collaborate with marketing, sales, and product teams to design and execute compelling offers and promotions, driving growth and customer engagement.
• Ensure offers are executed efficiently and effectively, delivering an effortless customer experience.
• Apply agility core practices to continuously iterate and optimize pricing models and strategies.
• Contribute to brand management by ensuring pricing strategies align with brand value and positioning.
• Demonstrate strong commercial acumen in all aspects of pricing analysis and strategy development.
• Utilize creativity and innovation to develop novel pricing solutions and models.
• Communicate complex pricing concepts and recommendations clearly and concisely to diverse interested parties.

Skills

Pricing analysis

Analytical thinking

Customer segmentation

Offer execution

Communication

Pricing strategy

Brand alignment

Cross-functional collaboration

Agility practices

Tools

SAP

Job description

About bp

Our purpose is to bring together people, energy and markets to power and navigate a changing world.

Entity

Supply, Trading & Shipping

Job Family Group

Marketing Group

Job Description

About bp

Our purpose is to bring together people, energy and markets to power and navigate a changing world.

In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too!

About The Role

We are seeking a highly analytical and experienced Senior Pricing Analyst to join our team at BP International Limited. This role will be responsible for developing and implementing pricing strategies that optimize revenue and market share, while also enhancing the customer experience.

Key Responsibilities

• Lead the development and execution of pricing strategies across various product categories, aligning with commercial objectives and market dynamics.
• Conduct in-depth analysis of market trends, competitor pricing, and customer segmentation data to identify pricing opportunities and threats.
• Utilize market research effectively to inform pricing decisions and validate proposition development.
• Develop and implement customer journey mapping to understand customer behavior and identify pain points related to pricing.
• Collaborate with marketing, sales, and product teams to design and execute compelling offers and promotions, driving growth and customer engagement.
• Ensure offers are executed efficiently and effectively, delivering an effortless customer experience.
• Apply agility core practices to continuously iterate and optimize pricing models and strategies.
• Contribute to brand management by ensuring pricing strategies align with brand value and positioning.
• Demonstrate strong commercial acumen in all aspects of pricing analysis and strategy development.
• Utilize creativity and innovation to develop novel pricing solutions and models.
• Communicate complex pricing concepts and recommendations clearly and concisely to diverse interested parties.

Essential Education, Experience And Requirements

• Proven experience as a Pricing Analyst, preferably in a senior capacity.
• Strong analytical thinking skills with the ability to interpret complex data and draw actionable insights.
• Experience with SAP preferred
• Demonstrated experience in Retail Category Management and customer segmentation.
• Proficiency in customer centric thinking and customer service design principles.
• Experience with offer execution and growth initiatives.
• Ability to effectively use market research and apply findings to strategic decisions.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across functions.
• A creative and innovative approach to problem-solving.
• Strong commercial acumen and understanding of business drivers.
• Experience with agility core practices is highly desirable.

Salary

How much do we pay (Base)? 105,000 to 150,000 annually

• Note that the pay range listed for this position is a genuinely expected and reasonable estimate of the range of possible base compensation at the time of posting.

Benefits

This position offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours of vacation per year for full times employees . You will also be eligible for 9 paid holidays per year and 2 personal choice holidays. You may learn more about how we calculate paid vacation and view our generous vacation and holiday schedules at benefits@bp. Bp has a parental leave policy as well, which offers up to 8 weeks’ paid leave for the birth or adoption of a child. Learn more at benefits@bp.

We offer a reward package to enable your work to fit with your life. These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program. These benefits may include a pension for eligible employees.

As part of bp’s wellbeing package, bp offers access to health, vision, and dental insurance, as well as life and Short-Term Disability and Long-Term Disability.

Why Join Bp

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to encouraging an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!

Travel Requirement

Up to 10% travel should be expected with this role

Relocation Assistance

Relocation may be negotiable for this role

Remote Type

This position is a hybrid of office/remote working

Skills

Agility core practices, Agility core practices, Analytical Thinking, Brand Management, Business Acumen, Commercial Acumen, Communication, Creativity and Innovation, customer and competitor understanding, Customer centric thinking, Customer Journey Mapping, Customer Segmentation, Customer Service Design, Customer Value Proposition, Delivers an effortless customer experience, Developing creative marketing content, Digital Fluency, Generating customer insights, Loyalty Management, market, Marketing strategy, Offer execution and growth, Proposition development, Retail Category Management, Sector {+ 1 more}

Legal Disclaimer

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.