Sr. Pricing Analyst
Senior Manager
Senior Pricing Analyst (Global Strategic Pricing)
Pune
Caring for the world, one person at a time has inspired and united the people of Johnson & Johnson & Johnson MedTech Global Strategic Insights & Pricing is recruiting for a Senior Pricing Analyst, Global Strategic Pricing Analytics to be located in Pune, India.
- The pricing team drives alignment across business units, platforms, and regions through central-lead, cross-functional collaboration and solid foundation in research and data analytics. The members of the global team work closely with the Customer, Market, and Portfolio leads to build value-based business cases and drive a portfolio of strategic initiatives focused on near and long-term revenue growth opportunities.
Job Description:
- The Sr. Analyst will be responsible for integrating critical marketplace pricing analytics and reporting within the global team. The key responsibilities for the broader team include development, implementation and oversight of global pricing strategy, policies and long-term capabilities across the J&J MedTech (JJMT) portfolio of products with gross global sales of $21B.
- Role will work with the Business Unit teams to manage and provide pricing insights and recommendations, analyze product portfolios and recommend Customer level pricing across platforms and regions. It will require a high degree of business sense and understanding and proactively recommend tools and techniques to support secondary market sources and marketplace understanding across the business.
Key Responsibilities:
- Lead discussions to consult with business leaders to generate insights on customer price sensitivities, market intelligence, and profitability impacts, with the objective of Profit optimization.
- Perform advanced analysis to evaluate critical areas for improvement, including price setting, revenue optimization, and strategic alignment with channels, and customer segment. This may include correlation analysis and regression analysis
- Analyze existing price strategies and improve pricing models of potential changes to quantify sales and profitability impact to customer segments, brands and markets
- Perform data mining, cleansing, and manipulation; identify necessary data elements and their sources, use appropriate tools to acquire and consolidate large volumes of data from different sources, and identify and resolve any irrelevant, corrupt, missing, or incongruent data
- Derive insights that lead into actionable recommendations.
- Work cross-functionally with the Pricing Team, Finance, Marketing to define, deploy and direct robust and effective price analytics, delivery, and execution capabilities.
- Responsible for report development such as quarterly performance of critical metrics, profit optimization, and ad-hoc analyses while also supporting risk assessment and recommendations.