Pricing Analyst

5 months ago

Toronto, Canada LifeWorks Full time

TELUS Health is empowering every person to live their healthiest life. Guided by our vision, we are leveraging the power of our leading edge technology and focusing on the uniqueness of each individual to create the future of health. As a global-leading health and well-being provider - encompassing physical, mental and financial health - TELUS Health is improving health outcomes for consumers, patients, healthcare professionals, employers and employees.

TELUS Health is dedicated to assisting our employees reach their professional goals through internal promotion and transfer opportunities.

As a pricing analyst, you will be responsible for analyzing existing client profitability, setting prices for new clients on existing and new products, and determining the ideal target price to meet target margin expectations. Duties include providing thorough analytical breakdowns of pricing structures, and communicating effectively across account management, sales, operations, and finance teams to identify specific strategies used in pricing models.
- Develop, support, and present pricing strategies and recommendations for new business quotations, RFPs and renewals to account management and executives within aggressive timelines.
- Proactively identify opportunities for improvement in existing pricing structures, strategies and processes.
- Assessing data from a variety of sources to gain insights into internal costing and pricing strategies.
- Tracking customer engagement to develop effective pricing strategies for products and offerings.
- Recommending pricing strategies that align closely with market trends
- Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes.
- Collaborating with sales and marketing departments on developing and implementing competitive pricing strategies.
- Developing dynamic pricing tools to effectively respond to changing market needs and trends.
- Preparing and presenting pricing analysis findings to executives, marketing teams, and sales staff.
- Update monthly reporting files.
- Provide Ad-hoc financial analyses and reports as needed.
- Assist in quarterly creation and maintenance of partner portfolios and special-handled accounts.

Additional Job Description
- A bachelor's degree in mathematics, statistics, finance, economics, or in a related field.
- Strong ability to think outside the box and recommend additional strategies.
- A minimum of five years' experience as a pricing analyst in a similar industry.
- Proficiency in Microsoft Excel.
- Working experience with Microsoft PowerBI, and SQL is preferred.
- In-depth knowledge of statistical methods and data analysis.
- Extensive experience in analyzing pricing strategies and forecasting revenue and market share.
- Experience in collaborating on pricing strategies with sales and marketing departments.
- Advanced ability to present pricing analysis reports to rexlevant stakeholders.
- Excellent analytical and communication (oral, written) skills.

Fulfilling work that matters

TELUS Health is in the business of helping organizations help their people and in the process, we strive to elevate ours. We're always looking for talented professionals and strategic leaders looking to make a difference in the lives of the people we serve. We appreciate the interest of every applicant; however, we contact only those selected for an interview.

A bit about us

We’re a people-focused, customer-first, purpose-driven team who works together every day to innovate and do good. We improve lives through our technology solutions and foster a culture of innovation that empowers team members to solve complex problems and create remarkable human outcomes in a digital world.

TELUS is proud to foster an inclusive culture that embraces diversity. We are committed to fair employment practices and all qualified applicants will receive consideration for employment. We offer accommodation for applicants with disabilities, as required, during the recruitment process.

The health and safety of our team, customers and communities is paramount to TELUS. Accordingly, we require anyone joining our TELUS Health Care Centres to be fully vaccinated for COVID-19.

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