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Pricing Analyst I

Woodward HRT/MPC
life insurance, vision insurance, parental leave, paid holidays, sick time, short term disability, long term disability, tuition reimbursement, 401(k)
United States, Illinois, Niles
6300 West Howard Street (Show on map)
Nov 22, 2024

Woodward's Diversity, Inclusion and Belonging Commitment

At Woodward, no matter where you are from, your physical appearance, or how you identify, you deserve the opportunity to reach your greatest potential. We are on a journey to achieve this as an organization and want to work closely with our members to set the right path.

We humbly acknowledge this will be an imperfect journey. Yet, we are steadfastly committed to embracing the power of diverse people, perspectives and experiences for our current members, attracting the best talent across our communities, and creating an inclusive and rewarding workplace for all.

Woodward supports our members' wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

  • Estimated annual base pay: $51,520.00 (minimum) - $64,400.00 (midpoint) - $77,280 (maximum)
  • All members included in annual cash bonus opportunity
  • 401(k) match (4.5%)
  • Annual Woodward stock contribution (5%)
  • Tuition reimbursement and Training/Professional Development opportunities for all members
  • 12 paid holidays, including floating holidays
  • Industry leading medical, dental, and vision Insurance upon date of hire
  • Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave
  • Paid parental leave
  • Adoption Assistance
  • Employee Assistance Program, including mental health benefits
  • Member Life & AD&D / Long Term Disability / Member Optional Life
  • Member referral bonus
  • Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending
  • Voluntary benefits, including:
  • Home / Auto Insurance discounts
  • Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

Are you ready to make your mark? If you're a Pricing Analyst I, we have an exciting opportunity for you. This position is responsible for supporting the segment pricing leader and manage the day-to-day activities in the implementation of pricing strategies within the business segment. This position is also responsible for supporting the development of special initiatives that maximize profitable growth. This role reports directly to the segment business pricing leader.

What You Will Be Doing

  • Collaborate with cross-functional teams including Product leaders, Sales, and Finance to develop business specific pricing strategy to support segment growth and achieve company-wide profitability targets
  • Manage annual process to adjust catalogs in Wise including data analysis and support determination of proposed changes
  • Assist with calculation of annual price escalation within existing contracts
  • Supports day to day requests for pricing and assists with determination of pricing for new contracts, services etc. Monitor adherence to established pricing
  • Collaborate with the Central Pricing Desk to develop and implement lean processes and policies for pricing and quotations. Ensure the compliance of developed processes and polices across business segment
  • Participate in the pricing process for acquisition of large accounts, renewals of large accounts and new product introduction.
  • Maintain and utilize integrated pricing models and analysis tools developed by the Central Pricing Desk to ensure pricing execution is consistent and meet profitability goals; modifying model, analytic tools parameters as needed to reach the overall objectives.
  • Utilize data analytics and process enhancements to gather market/field data and assess the impact of pricing strategies on performance, competitive landscape, pricing elasticity etc.

What We Are Looking For

  • US - Bachelor's Degree in Arts/Sciences (BA/BS) Accounting/Finance/Economics/Business or related fields; in lieu of a degree, 6 years of relevant experience is required
  • 0-2 years. Basic Excel experience (basic data entry, simple formula usage, basic chart creation)
  • CPP Certified Pricing Professional preferred
  • Some travel required

Application window is anticipated to close 30 days from original posting date.

This information is provided in compliance with the Colorado Equal Pay for Equal Work Act and is the company's good faith and reasonable estimate of the compensation range and benefits offered for this position. The compensation offered to the successful applicant may vary based on factors including experience, skills, education, location, and other job-related reasons.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). All applicants must be U.S. Persons within the meaning of the ITAR and EAR, or eligible to obtain all required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee, or refugee).

Woodward is an Equal Opportunity Employer

EO/AA/M/F/Disabled/Protected Veterans

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