Strategic Pricing Business Partner

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.

**This is a hybrid role, working onsite 4 days/week in Anoka, MN**

• Lead development and deployment of commercial pricing tools, PriceFx, Tacton, AI-enabled tools and dashboards.

• Manage end-to-end pricing data to ensure accurate and desired automation results.

• Design, implement and monitor pricing policies for all products and sales channels.

• Develop and deploy pricing training and communication tools, ensure pricing policies and procedures are adhered.

• Managing customer price agreements in collaboration with sales leaders and legal teams.

• Collaborate with business leaders to recommend pricing strategies and models based upon current business and competitive global dynamics.

• Perform product and customer profitability analytics through effective price action on customer accounts.

• Apply pricing data analytics, including target price guidance logic, data-driven recommendation of DOA thresholds, regional price variability recommendations, competitive indexing, price waterfall model and cost-to-serve analysis.

• Monitor price performance metrics and perform periodic price analysis for product lines, regions, customers.

• Implement various price strategies in global environment, including global contracts, price leader vs price follower, mature growth market vs penetration growth market strategy.

• Join a dynamic pricing team that is on a digital pricing transformation journey.

• Bachelor's degree required; degree concentration in Business, Marketing, Finance, Economics, Engineering, Computer Science, or a related field is preferred.

• 5+ years of experience analyzing data in pricing, sales, finance, or marketing required. Experience in the electrical industry is a plus.

• Experience working in a global pricing team and a distribution go-to-market environment highly preferred.

• Experience collaborating with global pricing teams and key partners is highly preferred.

• Experience with software such as Snowflake, Tableau, SQL or PowerBI preferred.

• Experience with PriceFx, Tacton, and ERP advanced pricing module preferred.

• Ability to facilitate meetings and negotiate solutions with individuals that may have differing goals and strong opinions.

• Knowledge performing competitive analysis, data-driven decision-making, market price benchmarking and price volume mix analysis.

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

Pay Transparency
 
nVent’s pay scale is based on the expected range of base pay for this job and the employee’s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.
 
Compensation Range:

Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview

At nVent, we value our people and their health and well-being.  We provide a broad benefits package with meaningful programs for eligible full-time employees that includes:

• Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

• A 401(k) retirement plan and an employee stock purchase plan — both include a company match.

• Other supplemental benefits may include tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

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.