Company Name:
Approximate Salary:
Per Year
Location:
Northbrook, Illinois
Country:
United States
Industry:
Other
Position type:
Full Time
Experience level:
Not Specified
Education level:
Bachelor's Degree

Pricing Manager II

Overview:

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Promoting safe living and working environments.
UL is a global independent safety science company with more than a century of expertise innovating safety solutions from the public adoption of electricity to new breakthroughs in areas such as sustainability, renewable energy, mobile payment security and nanotechnology. Dedicated to promoting safe living and working environments, UL helps safeguard people, products and places in important ways, facilitates trade and provides peace of mind.

Responsibilities:

Provides pricing expertise and consultation in new, and FUS (follow up services) pricingstrategies, policy, guidelines, tactics, and trend analysis. Supports global industries, establishes global value/market-based pricing initiatives, and strategies in alignment with industry Go-To-Market strategies. Drives price execution to maximize profitability and growth of UL corporate goals. Manages UL Global new work pricing and FUS pricing.

  • Leads the best-in-class practices in new work and FUS pricing strategies, initiatives and tactics on developing final pricing recommendations for each Commercial industry.
  • Directs and provides strategic pricing consultations to the managers and leads with solid quantitative, qualitative and/or statistic analyses/data, to present UL service value, pricing trends, market shares, risks and growth opportunities thru pricing.
  • Directs and works with global industry leads to establish proper price points for its products, services, markets, marks and bundle offerings, and provide proper solutions for long-term and short-term business trade-offs for industry leads.
  • Develops and achieves horizontal collaboration and consensus with global Industry leads and regional pricing/sales managers in global consistency and stability in pricing strategies, policies, guidelines, methodology and process.
  • Develops pricing implementation plans, ensure new work price point accuracy in the Global Pricing Tool for its industry, and effectively communicates pricing strategy and decisions in a timely fashion to UL internal stakeholders and/or external customers as needed.
  • Monitors the market and competitor's price changes in each industry for new work and FUS, listen to customers and region's feedback so as to improve prices and pricing methodologies
  • Reviews FUS pricing with FUS, sales, and operation teams to improve current FUS pricing structure, methodology and price points, to ensure its profitability and growth.
  • Resolves pricing and process issues, and customer complaints in a timely fashion for both new work and FUS. Provides pricing support for industry managers in customer training and visits.
  • Develops pricing audit process and mechanism in the Global Pricing Tool and automatically generates needed reports and customer information for industry managers.
  • Co-designs standard pricing reports with Global Pricing Matrix Manager to provide industry leads with on-going pricing status on acceptance rates, projects, revenues, margins and customer information.
  • Performs other duties as required.


Qualifications:

University degree in business, finance, marketing, or a related discipline plus generally eight plus years of directly related work experience.

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