Sensata Technologies seeks an analytically driven Pricing Manager to join our team to deliver insights and identify opportunities to drive revenue and profit growth through pricing. The ideal candidate is an ambitious, data-driven professional committed to operational excellence. In partnership with sales, marketing, and finance, the candidate will develop and manage key pricing initiatives to drive our strategic growth. They will be responsible for monitoring pricing impact, identifying opportunities, and implementing pricing strategies across our range of products. The candidate will be a key player in our journey towards commercial excellence, helping us to set new standards, align pricing across regions, and optimize profitability.
General Responsibilities
Manages the implementation of pricing models and strategies designed to optimize revenue, market share, brand positioning and long-term profits
Coordinates improvement opportunities in existing campaigns and develop pragmatic solutions within budgetary constraint
Maintain relationships with key stakeholders
Manages selection of vendors
Understands and communicates the changes in the market to prepare the business for competitive conditions
Monitors the ongoing business environment to ensure competitive pricing/market position and directs the development and analysis of pricing models and projections.
Experience / Qualifications
A university degree required (i.e. Bachelors degree) or equivalent relevant work experience.
Must be a team player able to work in a fast-paced environment with demonstrated ability to handle multiple competing tasks and demands
Strong communication skills; oral, written and presentation
Strong organization, planning and time management skills to achieve results
Strong personal and professional ethical values and integrity
Holds self-accountable to achieving goals and standards
Proficient in Microsoft Office programs (Outlook, Word, PowerPoint, and Excel)
Strong interpersonal & collaboration skills to work effectively with all levels of the organization including suppliers and/or external customers
Additional Responsibilities
Oversee analytical modeling leveraging multiple data sources to forecast product profitability based on market dynamics and pricing strategies
Partners with sales, marketing, and finance departments to define and drive competitive pricing strategies for the Industrial product portfolio
Leads a team to develop and maintain dynamic pricing tools and configurators to respond to changing market needs and enable effective execution of pricing strategies
Leads the team to administer pricing databases, ensure data integrity, and coordinates implementation of pricing proposals across the organization
Develops and promotes harmonized pricing processes across regions and portfolios to drive consistency and scalability
Supports the migration of pricing and quotation processes from legacy systems
Desired Qualifications
A university degree required (i.e. Bachelors degree) in Economics, Finance, or Engineering, or equivalent relevant work experience.
Proficient in business intelligence (BI) software, such as Microsoft PowerBI, and working with databases such as SQL server and Access
Experience in collaborating on pricing strategies with sales and marketing departments
Advanced skills in financial modeling (Microsoft Excel - Macro knowledge is considered an advantage)
Excellent analytical skills, ability to think strategically, and ability to streamline processes
Fluency in English
LI-SK1
Base Salary Range:
$119,500.00 - $164,340.00
At Sensata, our employees are the key to our success and growth. We recognize that each individual brings their own unique experience, therefore the base salary range information shown above is a general guideline only. Sensata considers several factors when extending an offer, including, but not limited to, a candidate's experience and qualifications, as well as internal equity, market and business considerations. In addition to base salary, Sensata offers competitive medical, dental, vision, life and disability insurance plans, along with education reimbursement, wellness programs, a 401(k) retirement plan with Company matching, and a variety of paid time off, such as vacation or flex-time, sick, bereavement, and parental leave. Certain positions are also eligible for short-term incentive and long-term incentive programs.
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Collaborating at Sensata means working with some of the world's most talented people in an enriching environment that is constantly pushing towards the next best thing
Employees work across functions, countries and cultures gaining new perspectives through mutual respect and open communication
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Sensing is what we do.
In fact, our name Sensata comes from the Latin word sensate for 'those gifted with sense'. Our focus on sensing is also reflected in our logo, which spells Sensata in Braille.
Sensata Technologies is a global industrial technology company striving to create a safer, cleaner, more efficient and electrified world. Through its broad portfolio of mission-critical sensors, electrical protection components and sensor-rich solutions, Sensata helps its customers address increasingly complex engineering and operating performance requirements. With more than 19,000 employees and global operations in 15 countries, Sensata serves customers in the automotive, heavy vehicle & off-road, industrial, and aerospace markets.
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Note to applicants for positions in the United States:
Sensata Technologies, Inc. (US) is proud to be an Equal Opportunity and Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran or any other basis protected by federal, state or local law.
View The EEO is the Law poster (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) and its supplement (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) .
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Diversity Statement
We are dedicated to ensuring our employees feel a sense of belonging (https://www.sensata.com/sites/default/files/a/Sensata%20DEI%20Policy%20FINAL.pdf) and respect every day. We believe that every individual has unique insights that others can learn from. Working at Sensata means you can bring your whole self to the table. Our goal is to achieve fair representation of women, minorities, veterans, people with disabilities, and all @types of diversity among all levels in our organization.
Note to applicants for positions in the United States:
Sensata Technologies, Inc. (US) is proud to be an Equal Opportunity and Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, age, national origin, protected veteran status, disability or any other basis protected by federal, state or local law.
View The EEO is the Law poster https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm and its supplement https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm
Sensata Technologies, Inc. (US) participates in E-Verify. View the E-Verify posters https://www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf