Pricing Specialist

Posted 3 Days Ago
Be an Early Applicant
Hiring Remotely in Monterrey, Nuevo León, MEX
Remote
Junior
Hardware • Information Technology • Energy • Design • Utilities • Industrial • Renewable Energy
At nVent, we connect and protect our customers with inventive electrical solutions.
The Role
Support a global pricing team driving digital transformation by developing price-forecasting models, implementing price actions, managing special pricing and quote modifications, conducting product and customer profitability analyses, building pricing analytics (target price guidance, delegation thresholds, competitive indexing, price waterfall, cost-to-serve), monitoring price performance, and recommending global pricing strategies.
Summary Generated by Built In

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

WHAT YOU WILL EXPERIENCE IN THIS POSITION
  • Join a multifaceted Global Pricing team that is on a digital pricing transformation journey.
  • Develop and implement price action on price realization forecasting models to realize impact on pricing changes on revenue.
  • Implement price management activities on modified quote pricing and special price agreements to collect value of our product portfolio offerings.
  • Collaborate within business segment to recommend pricing strategies and models based upon current business and driving global dynamics.
  • Perform product and customer profitability analytics through effective price action on customer accounts.
  • Develop data analytics, including target price guidance logic, data-driven recommendation of delegation of authority thresholds, regional price variability recommendations, competitive indexing, ship-and-debit claims impact analytics, price waterfall models and cost-to-serve analysis.
  • Monitor price performance metrics and perform periodic price analysis for product lines, pricing, customers.
  • Implement various pricing strategies on global environment, including global contracts, price leader vs price follower, mature growth market vs penetration growth market strategy.
YOU HAVE:
  • Bachelor’s degree in Business, Marketing, Finance or Economics required
  • 2+ years’ experience analyzing data in pricing, sales, finance, marketing area
  • Excellent digital literacy, including the ability to work optimally in Microsoft Office (specially Excell).
  • Experience with PriceFx, Tacton, JDE, M3 and/or SAP preferred
  • Java, SQL, Tableau, Power BI, Salesforce will be a plus
  • Ability to facilitate meetings and negotiate solutions with individuals that may have differing agendas and strong opinions
  • Strong teamwork and collaboration skills, with the ability to work effectively across cross-functional teams and build positive working relationships

WE HAVE:

  • A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day

    • nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.

    • Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

  • Commitment to strengthen communities where our employees live and work

    • We encourage and support the philanthropic activities of our employees worldwide

    • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money

  • Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:

    • Innovative & adaptable

    • Dedicated to absolute integrity

    • Focused on the customer first

    • Respectful and team oriented

    • Optimistic and energizing

    • Accountable for performance

  • Benefits to support the lives of our employees

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.

#LI-JO1
#LI-Onsite

Skills Required

  • Bachelor's degree in Business, Marketing, Finance or Economics
  • 2+ years experience analyzing data in pricing, sales, finance or marketing
  • Excellent digital literacy, ability to work optimally in Microsoft Office (especially Excel)
  • Ability to facilitate meetings and negotiate solutions with stakeholders
  • Strong teamwork and collaboration skills
  • Experience with PriceFx, Tacton, JDE, M3 and/or SAP
  • Java, SQL, Tableau, Power BI, Salesforce

nVent Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about nVent and has not been reviewed or approved by nVent.

  • Retirement Support Retirement support appears well-developed, including a 401(k) plan with up to a 5% company match administered through Fidelity. Stock ownership opportunities are also offered through an employee stock purchase plan with a matching contribution.
  • Healthcare Strength Healthcare coverage is broad, spanning medical, dental, vision, prescription drug plans, and mental health resources. Additional protection benefits like disability and life/AD&D coverage are also included.
  • Leave & Time Off Breadth Time-off offerings include vacation, separate sick time for hourly employees, floating holidays, and paid volunteer time. Paid parental leave is available for up to six weeks within the first 12 months to bond with a new child.

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The Company
HQ: St Louis Park, MN
10,001 Employees
Year Founded: 2018

What We Do

nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

Why Work With Us

At nVent, our employees bring bold ideas, are authentic and build the future of a more sustainable and electrified world. Promoting a culture of inclusion is a cornerstone of our strategy and is woven throughout our organization. We believe that diverse perspectives are key to our company’s ability to innovate for our customers and grow.

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