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Philips
is hiring
Data Analyst, Pricing
About Our Company
Over the past decade we have transformed into a focused leader in health technology.
At Philips, our purpose is to improve people’s health and well-being through meaningful innovation. We aim to improve 2.5 billion lives per year by 2030, including 400 million in underserved communities.
We see healthcare as a connected whole. Helping people to live healthily and prevent disease. Giving clinicians the tools they need to make a precision diagnosis and deliver personalized treatment. Aiding the patient's recovery at home in the community. All supported by a seamless flow of data.
As a technology company, we – and our brand licensees – innovate for people with one consistent belief: there’s always a way to make life better.
Job Description & Responsibilities
Pricing strategy is a key component of commercial operations that supports IGTD sales organization with performance analytics and modelling to enhance value creation and facilitate the execution of the strategic plan. By joining the team, you can influence key commercial decisions, accelerate business transformation, and improve commercial operations and profitability.
Your role:
- Designs and develops queries using internal and external database systems for generation of sales and profitability information analyses and reports relative to contract progress, group membership and pricing eligibility.
- Manipulate large quantities of data to extract meaningful content and deliver concise, relevant and decision-enabling information in an appealing and attractive format to allow various stakeholders access to clear and accurate financial information.
- Conduct analysis to identify trends, issues, and process improvement opportunities to increase efficiency and improve customer relationships.
- Identify ideal pricing structures and sales funnels.
- Monitors contracts for consistency and pricing uniformity.
- Oversees on-going contract analysis by verifying and managing contract compliance issues, including corrective actions to help assure achievement of corporate goals.
- Prepares financial impact reports for bids, proposals and renewals for review by Corporate Accounts and Pricing and Contract departments.
- Explore elasticity for bundling opportunities, determine bundling effectiveness and learn, modify to better capture sales and margin opportunities
Requirements
You're the right fit if:
- Bachelor’s degree sand 3+ years of experience in analytics function such as sales operations, finance, IT, etc.
- Organization / Time management - Ability to handle multiple tasks simultaneously
- Experience with sales teams, business intelligence, data visualization, and CRM tools
- Proficiency with Excel macros, Access, SQL and the potential to use advanced decision support analytical tools (e.g., decision analysis software, Monte Carlo simulation, optimization)
- You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.
What we offer
The pay range for this position is $66,000 to $100,000, annually. The actual base pay offered may vary depending on multiple factors including, job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Colorado Springs.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
