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Associate Director, Strategic Pricing - North America (Hybrid) - Summit New Jersey
Company: CSL Seqirus Location: Summit, New Jersey
Posted On: 04/24/2024
The Opportunity:The Associate Director, Strategic Pricing will have a broad range of responsibilities related to revenue management, pricing strategy, and the development of pricing tools.You will have a comprehensive understanding of revenue management, a thorough awareness of diverse pricing strategies, and the ability to develop appropriate tools to support them.You will create effective revenue management and pricing strategies to increase profitability and will design and implement controls that help monitor pricing trends and sales data to make informed recommendations for changes to strategy.You will oversee all internal reporting aspects relating to program performance, including gathering, analyzing, and presenting data concisely. You will report to the Director of Strategic Pricing and sits in the Commercial Operations Team for North America.The Role:Revenue Management: - Conducting detailed analyses of data derived from the revenue management system.
- Leveraging system knowledge and professional insight to generate informative reports that identify untapped prospects for growth or opportunities to reduce inefficiencies in our commercial program.
- Contributing to the function's strategic development through developing a cross-function network of colleagues to champion recommendations to enhance our strategies.Pricing Strategy:
- Lead the charge in implementing our pricing strategies and help analyze and assess the effectiveness of our current strategy and making necessary adjustments to ensure that we meet our business objectives.
- Independently test and refine tactical decisions to stay ahead of the competition and achieve sustained success.
- Provide valuable recommendations based on market trends and customer behavior analysis and the input will help guide our pricing decisions and ensuring they align with our overall team goals.
- Work with other team members to develop and implement pricing strategies that give us a strategic advantage in the marketplace.
- Use your experience in pricing analysis and strategic decision-making to maximize profitability, increase market share, and build long-term customer loyalty.Model and Tool Development:
- Creating and implementing pricing models and tools to enhance the sales team to achieve their targets.
- Interpret complex data sets, and communicate effectively with different departments and stakeholders.
- An understanding of pricing methodologies and experience in developing pricing strategies that have helped drive sales growth in previous roles.Your skills and experience:
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