Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
Position Summary
The Pricing Analyst will support the BID Division by driving data-based pricing strategies that enhance revenue growth, margin expansion, and competitive positioning. This role partners closely with Commercial, Finance, Marketing, and Operations teams to analyze pricing performance, evaluate discount structures, support large bids/quotes, and implement pricing governance processes.
The ideal candidate combines strong analytical capability with business acumen and thrives in a fast-paced, matrixed environment.
Key Responsibilities
Pricing Strategy & Execution
- Support development and execution of pricing strategies aligned with division growth and margin targets.
- Analyze pricing performance, discount trends, win/loss data, and customer segmentation to identify opportunities.
- Provide pricing recommendations for new product launches, promotions, and lifecycle management.
- Assist in annual price setting processes and price increase implementation.
Bid & Quote Support
- Partner with Commercial teams to evaluate pricing for strategic bids, tenders, and large volume agreements.
- Conduct margin analysis and scenario modeling to support negotiation strategy.
- Ensure compliance with pricing governance and approval processes.
- Track and analyze bid performance and profitability post-award.
Financial & Data Analysis
- Develop financial models to assess profitability by product, channel, region, and customer segment.
- Perform variance analysis to understand price-volume-mix drivers.
- Monitor KPI performance including margin, discount levels, and price realization.
- Support forecasting activities related to pricing impact.
Process & Governance
- Maintain pricing tools, dashboards, and reporting systems.
- Drive continuous improvement in pricing processes and approval workflows.
- Ensure pricing compliance with internal policies and regulatory requirements.
- Support implementation of pricing systems enhancements (e.g., CRM, ERP, CPQ).
Cross-Functional Collaboration
- Partner with Sales, Marketing, Finance, and Product Management to align pricing decisions with business strategy.
- Provide training and guidance to commercial teams on pricing tools and policies.
- Communicate pricing insights to leadership in a clear, actionable manner.
Qualifications
Education
- Bachelor’s degree in Finance, Economics, Business, Data Analytics, or related field.
- MBA or advanced degree preferred (for senior-level roles).
Experience
- 2–5+ years of experience in pricing, commercial finance, FP&A, or business analytics.
- Experience supporting bids/tenders or working in a commercial matrix organization preferred.
- Experience in life sciences, diagnostics, or regulated industries is a plus.
Technical Skills
- Strong Excel and financial modeling skills (advanced level required).
- Experience with ERP systems (SAP preferred), CRM (SFDC), or pricing tools.
- Proficiency in data visualization tools (Power BI, Tableau) preferred.
- Ability to manipulate large datasets and derive actionable insights.
Competencies
- Strong analytical and problem-solving skills.
- Business acumen with understanding of margin drivers.
- High attention to detail and strong organizational skills.
- Ability to influence stakeholders in a cross-functional environment.
- Strong communication and presentation skills.
Skills Required
- Bachelor's degree in Finance, Economics, Business, Data Analytics, or related field
- MBA or advanced degree
- 2-5+ years of experience in pricing, commercial finance, FP&A, or business analytics
- Experience supporting bids, tenders, or large quotes
- Experience in life sciences, diagnostics, or regulated industries
- Advanced Excel and financial modeling skills
- Experience with ERP systems
- Experience with SAP
- Experience with CRM systems (Salesforce/SFDC)
- Familiarity with pricing tools or CPQ systems
- Proficiency with data visualization tools (Power BI, Tableau)
- Ability to manipulate large datasets and derive actionable insights
- Strong analytical, communication, and stakeholder influence skills
Thermo Fisher Scientific Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Thermo Fisher Scientific and has not been reviewed or approved by Thermo Fisher Scientific.
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Retirement Support — Retirement programs include a strong company 401(k) match and an employee stock purchase plan that add meaningful long‑term value. Feedback suggests these features stand out among core financial benefits even when base pay feels average.
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Healthcare Strength — Health coverage offers multiple national medical options alongside dental and vision, with company‑paid life and disability coverage. This breadth is considered a solid foundation even if some costs may not be the lowest among peers.
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Parental & Family Support — Paid parental and caregiver leave, backup care, adoption assistance, and specialized family resources are available. Feedback suggests these supports are a notable plus for colleagues managing family and caregiving needs.
Thermo Fisher Scientific Insights
What We Do
Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.
Why Work With Us
You will join a company which every colleague has the opportunity to create possibilities, for oneself, for our customers and patients. There is no more exciting place to be than at the forefront of solving problems which help improve lives around the world. As a company, we are committed to supporting your career aspirations and your journey.
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