What does a Senior Pricing Analyst do?

A pricing analyst is responsible for analyzing competitor pricing matched with market expectations to determine the ideal target price for products of the business. Duties include providing thorough analytical breakdowns of pricing structures and sales funnels of similar competitor products and services and identifying specific strategies used in pricing models of the same. Reports are written in order to evaluate the findings and to propose the results to the relevant departments for effect. Depending on the company, pricing analysts may progress into managerial roles involving financial account management and analysis.

A bachelor's degree in business or a related field is often required to be a pricing analyst. As the job requires specialization and experience in the field, it is typical that pricing analysts possess strong working experience in the industry as a pricing analyst or in another relevant position dealing with competitor pricing and sales. Successful candidates often possess strong analytical and research skills with a keen eye for identifying opportunity.

  • Perform competitor analysis on similar products and services
  • Scope out opportunities based on market trends and industry condition
  • Identify ideal pricing structures and sales funnels
  • Draft strategic pricing plans and processes to improve existing projects
  • Create reports reflecting metrics and project status, objectives and barriers
  • Communicate findings effectively to relevant departments of the company
  • Work with the sales and marketing team to define pricing structure for company products
  • Address issues and concerns raised by team members relating to pricing suggestions
  • Experience working as a pricing analyst in the same industry
  • Strong knowledge about the industry including competitors and market trends
  • Keen eye for identifying opportunity
  • Strong analytical and research skills
  • Excellent verbal and written communication skills
  • Good negotiations and problem-solving skills
  • Effective reporting and presentation skills
  • Enthusiastic and proactive team player
  • Able to sit in front of a computer screen for long hours every day
EducationBachelor's Degree
Work/Life Balance
3.7 ★
Salary Range--
Career Opportunity
3.5 ★
Avg. Experience2-4 years

Senior Pricing Analyst Salaries

Average Base Pay

$84,965 /yr
Same as national average
Not including cash compensation
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$64K
Median: $85K
$113K
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Glassdoor Estimated Salary

Senior Pricing Analyst Career Path

Learn how to become a Senior Pricing Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L3
Senior Pricing Analyst
$84,965/yr
L4
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Senior Pricing Analyst Insights

Read what Senior Pricing Analyst professionals have to say about their job experiences and view top companies for this career.
Hughes Network SystemsHughes Network Systems
MTS-3
Jan 25, 2021

“Its led by some of the most incompetent and rude people I have encountered in this industry.”

Zimmer BiometZimmer Biomet
Pricing Analyst
Feb 19, 2020

“The job was enjoyable and the team I worked with become some of my closest friends.”

The BLS CompanyThe BLS Company
Pricing Coordinator
Nov 30, 2020

“Great training provided that left you satisfied and knowing exactly what you needed to do.”

Sprouts Farmers MarketSprouts Farmers Market
Sorter and Price Tagger
Apr 15, 2021

“Discount and close to home”

BDP InternationalBDP International
Pricing Analyst
Sep 17, 2019

“Very flexible and a great place to learn and start your career.”

PolyPoly
Pricing Manager
Aug 5, 2021

“Good for people seeking long term and steady career path.”

DB SchenkerDB Schenker
Pricing Analyst
Sep 29, 2021

“Good and experienced people to work with.”

DeloitteDeloitte
Transfer Pricing Associate
Nov 12, 2020

“Good Perks and benifits.”

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Senior Pricing Analyst Interviews

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Senior Pricing Analyst Jobs

Frequently asked questions about the roles and responsibilities of a senior pricing analyst

When working as a senior pricing analyst, the most common skills you will need to perform your job and for career success are Microsoft EXCEL, Degree IN Finance, Statistics, Strategic Thinking, and SQL SAS.

The most similar professions to senior pricing analyst are:
  • Financial Analyst
  • Financial Consultant
  • Finance Manager
  • Controller

The most common qualifications to become a senior pricing analyst include a minimum of a Bachelor's Degree and an average of 0 - 1 years of experience not including years spent in education and/or training.