Pricing Analyst - Shelton, CT

Apply now »

Date: Feb 17, 2021

Location: Shelton, CT, US, 06484-4300

Company: Hubbell Incorporated

Corporate Overview

Hubbell Incorporated was founded in 1888 and has grown into an international manufacturer of quality electrical, lighting and power solutions with more than 75 brands used and recognized around the world. Our founder, Harvey Hubbell, developed tooling and equipment to serve the growing demand for new assembly and manufacturing machinery during the industrial revolution. An early, and one of many patents awarded, came for the creation of the first practical method to control electricity through the pull chain socket that remains unchanged today. As a market leader in reliable, electrical solutions, we provide more than half a million products delivered through our various business groups. Hubbell is committed to continually innovating solutions that work, transforming old products with new ideas, and ensuring that we Energize, Enlighten and Empower the communities that support us.

Division Overview

Hubbell Commercial & Industrial (HCI) provides solutions for a broad range of non-residential and residential construction, commercial and industrial applications along with high-voltage test and measurement solutions. As a leading global manufacturer and supplier in multiple markets, we have quality products that serve the commercial construction, datacom, industrial light, industrial heavy, high voltage, residential and oil & gas markets. HCI has built its success through strong leadership, employee and customer loyalty and an exceptional sales force.

Posting Address

Hubbell Incorporated

40 Waterview Drive

Shelton, CT 06484

Position Overview

This role will support the Hubbell Wiring Systems business to determine and set competitive prices to gain market share and achieve revenue goals. This is a highly analytical role that requires a pricing analyst to consider data from multiple sources and develop complex pricing models that reflect margins for promotional and seasonal pricing based on competitor, market, and customer data.

Duties and Responsibilities

Determine Pricing and Marketing Strategies

Determine competitive pricing strategies to gain market share and achieve revenue goals
Analyze data from multiple sources, develop pricing models for key market
Work with VP of Pricing and Markets, field sales and product marketing to develop and enact competitive pricing strategies
Support (return on investment) for existing marketing and promotional programs - same as previous item – the analyst is the math/model person – this is your role

Develop Forecasts and Models - Financial

Model pricing per sku at a regional level in the US (across our 4 US Regions)
Measure sku level margin to determine strategies to increase margin and work with Negative Margin SKU team to improve in identified areas
Forecast revenue, volume and market share information at product family level

Develop Pricing Tools

Using Quotes, Salesforce and other tools, develop a regional view of competitor pricing
Streamline the analysis process

Monitor Industry Trends

Identify trends affecting volume or profitability – always seeking improvement
Monitor competitor behavior

Skills and Experience

Required Knowledge, Skills and Abilities:

Strong proficiency working with Excel required, SAP experience a plus
Effective communicate skills both oral and written
Ability to analyze data and details and synthesize to an action plan
Working understanding of sales and marketing to develop Pricing models
Ability to implement solutions with speed

Education

Bachelors Degree in Business or Economics

Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.

Job Segment: ERP, SAP, Technology