Pricing Analyst III

Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

Analyst, Commercial Analytics & Pricing

Thermo Fisher Scientific Inc. is a global leader in the field of science, with annual revenue exceeding $42 billion. Our goal is to help customers improve health, cleanliness, and safety worldwide. Whether customers are conducting life sciences research, solving analytical challenges, or enhancing laboratory efficiency, we provide support. With a team of over 120,000 colleagues and renowned brands like Thermo Scientific, Applied Biosystems, and Fisher Scientific, we offer innovative technologies and pharmaceutical services. Thermo Fisher Scientific is committed to equal opportunities. Visit www.thermofisher.com for more information.

Position Summary:

The Analyst, Commercial Analytics & Pricing role is crucial for the Analytical Instrument Group (AIG), focusing on enhancing commercial analytics and pricing capabilities. Responsibilities include developing advanced analytics, tools, and dashboards to provide valuable business intelligence for the AIG commercial teams. The ideal candidate should have strong technical skills, experience with large data sets, and excellent communication and partnership abilities. This role offers a great opportunity to improve skills in data science and business intelligence in a transparent environment.

Key Responsibilities:

• Collaborate with Division Commercial and Finance teams to develop data analytics, models, and dashboards to derive insights, track commercial performances, and assess funnel health.
• Leverage data analytics/science tools (e.g., gene.ai) to empower commercial teams in identifying new leads, cross-selling opportunities, and market trend shifts.
• Translate business challenges and opportunities into quantitative analyses to uncover actionable patterns and insights.
• Provide expertise in price setting, discount adjustments, and promotion design, ensuring thoughtful tradeoffs between price and volume to drive share gain and volume uptick.
• Deliver regular pricing reports and implement tools to guide business partners in making informed decisions, while analyzing market trends, opportunities, and risks.
• Lead business reviews emphasizing pricing insights and strategies, ensuring efficient market positioning and potential improvements.
• Ensure data quality and readiness, handling tasks like data clean-up, integration, transformation, and validation.
• Craft use cases, develop mock-ups, and refine tools based on iterative business feedback. Lead all aspects of user acceptance testing (UAT), tool demos, and training sessions.

Minimum Requirements/Qualifications:

• Bachelors degree or equivalent experience required.
• 1-3 years of work experience in data analytics, digital enablement, or a related field.
• Excellent analytical and problem-solving skills, with experience in building data models.
• Proficiency in Excel, SQL, and Power BI.
• Strong presentation skills and the ability to articulate complex data models and business problems.
• Ability to work across a matrix organizational structure and effectively influence business partners.
• Self-motivated, able to drive actions to completion with intensity and ownership.
• Passionate about learning business and data analytics/science.
• Ability to travel (~10%).

Benefits: Our compensation package includes competitive salaries, an annual incentive bonus plan, 401K with a contribution from the company, tuition reimbursement, and various other employee benefits!