Job Senior Pricing Analyst in Toronto

As a Senior Pricing Analyst working as part of the global Pricing Centre of Excellence (PCoE), you will be responsible for producing pricing analysis to support the successful design and development of Thomson Reuters pricing approach across our product portfolio. In this role, you will own the development of new and innovative flexible pricing models and reporting that can be used consistently across the business and help the business understand pricing and performance and aid in better decision making. Supported by other Pricing Analysts, you will conduct pricing research and keep informed on pricing analysis methods and industry trends to help develop high impact value-based pricing strategies. The Senior Pricing Analyst will partner closely with Commercial Excellence, Product, Product Marketing and Finance teams to ensure we effectively implement our pricing strategies as well as identifying and monitoring metrics to measure the impact of specified pricing actions. As part of the Standards and Frameworks group, you will focus your efforts on standardised and repeatable analytics, modelling and reporting that can be used consistently across the business and support the development of templates and workflows that other teams can utilise to produce similar reporting from their unique data systems. Part of this role will also involve the communication, training and implementation of those standards across the PCoE at all staff levels.

About the Role

In this opportunity as a Senior Pricing Analyst, you will:

• Create and develop flexible pricing models that can be used across the business and help promote a consistent understanding of price across the business and the rest of the PCoE
• Lead workstreams supporting the development, execution and maintenance of pricing models, price books and discount guidelines and collaborate across functions to ensure these are effectively and consistently delivered through the various teams and systems at TR
• Define and develop standardised price performance reporting that can be used across the TR portfolio; Investigate, explain and resolve anomalies in the results; prepare and present findings and actionable insights to improve the effectiveness of pricing actions
• Support the definition of best practices in pricing research, analysis and modelling as well as interpreting the results to help gain insight into market trends, customer engagement, pricing strategies, willingness to pay and price elasticity, product/price positioning, feature/price trade-offs and model the impact of different pricing strategies on profitability
• Lead and support the creation of consistent pricing policies, models, standards and best practices to be used consistently across the PCoE and across the TR portfolio of products
• Support the financial & commercial validation of pricing proposals for strategic projects & provide objective analysis comparing the outcomes of different pricing strategies
• Collaborate across functions and the PCoE on developing and implementing competitive pricing strategies, whilst defining and employing best practices
• Provide support and help train junior Pricing Analysts encouraging consistency and best practice across the PCoE
• Help to provide thought leadership for pricing across the business

About You

You’re a fit for the role of Senior Pricing Analyst if your background includes:

• 4+ years of experience in pricing strategy & execution for B2B companies, preferably SaaS
• Experience in setting and executing strategic and tactical pricing to drive performance in technology intensive industries
• Insight led, with capability to obtain, interpret and combine customer and market research alongside data analytics to provide a recommended course of action
• Ability to translate complicated data into simple visualization stories and communicate those stories to drive actions in professionals without pricing experience
• Influencing multiple stakeholders, including senior management, by communicating clearly and persuasively, despite competing priorities
• Experience with PowerBI, Alteryx, Tableau, Business Objects and/or SQL required
• Project management experience expected

What’s in it For You?

You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

• Hybrid Work Model: Currently the majority of our employees are working within a hybrid environment consisting of in-office and remote work, and following local COVID-19 bylaws and guidelines.
• Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more
• Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: company-wide Mental Health Day Off; Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing
• Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking
• Social Impact: Eight employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact
• Purpose Driven Work: We have a superpower that we’ve never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.

#LI-JK3

Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

We are powered by the talents of 25,000 employees across more than 75 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.

Accessibility

As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.

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More information about Thomson Reuters can be found on https://thomsonreuters.com.