Parker Hannifin

Pricing Analyst

Parker Hannifin • $61K — $102K *
Des Plaines, IL 60016In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Economics, Engineering, or related field required.
  • Relevant experience through internships or entry-level roles in pricing, finance, or analytics preferred.
  • Strong analytical and quantitative skills with trend identification capability.
  • Proficiency in Microsoft Office, especially Excel; knowledge of data tools like Power BI or ERP systems a plus.
  • Excellent written, verbal, and presentation skills.

Responsibilities

  • Support improvements in pricing processes and systems for enhanced accuracy and efficiency.
  • Analyze product markets and recommend pricing strategies.
  • Evaluate key pricing factors under guidance to inform decision-making.
  • Assist in developing product cost estimates for pricing evaluations.
  • Ensure alignment with corporate pricing policies and standard processes.
  • Maintain feedback mechanisms to measure pricing effectiveness and identify areas for improvement.
  • Prepare pricing reports to aid management in strategic responses to market fluctuations.

Benefits

  • Career growth with an emphasis on internal hiring.
  • Collaborative work environment fostering team spirit and idea sharing.
  • Company values centered around trust, respect, and professional development.
  • Comprehensive medical, dental, and vision insurance with competitive premiums.
  • Robust 401(k) plan with company matching contributions.
Full Job Description
Responsibilities

We have an exciting opening for a Pricing Analyst in Des Plaines, IL. This position is responsible for supporting pricing analysis, reporting, and recommendations that help improve profitability, pricing effectiveness, and business decision-making. Under general guidance, this role evaluates customer value, market conditions, product costs, discounting, and pricing performance while developing knowledge of pricing processes, tools, products, and markets.

Your responsibilities
  • Support improvements to pricing processes, tools, systems, and reports to increase accuracy, efficiency, and consistency.
  • Assist in analyzing product markets and recommending product floor and ceiling prices.
  • Evaluate pricing factors such as volume, cost, competition, channel, customer segmentation, and profitability under guidance.
  • Assist in developing product cost estimates to support the quote review process and profit evaluation.
  • Support alignment with corporate pricing initiatives, policies, and standard processes.
  • Maintain feedback mechanisms used to measure pricing effectiveness and identify improvement opportunities.
  • Support pricing tools used by product managers, sales teams, and business leaders.
  • Assist with list price reviews, discount and rebate analysis, price increase preparation, communication, and publication.
  • Review exception pricing activity, monitor trends, and support adherence to pricing guidelines and authority levels.
  • Prepare recurring and ad hoc pricing reports to help management respond to economic, competitive, and market changes.
  • Maintain accurate pricing data, documentation, and confidentiality of sensitive pricing information.
Who we are looking for
  • Bachelor's degree required; preferred fields of study include Business, Finance, Economics, Engineering, Engineering Technology, Data Analytics, Marketing, or a related discipline.
  • Relevant experience may include internships, co-ops, or entry-level roles in pricing, finance, analytics, marketing, or other related business functions
  • Strong analytical and quantitative skills with the ability to interpret data and identify trends.
  • Proficiency with Microsoft Office, particularly Excel; familiarity with Access, Power BI, Tableau, Salesforce, ERP systems, or other data tools preferred.
  • Strong written, verbal, and presentation skills.
Ideally, you will also have
  • General understanding of manufacturing processes, business operations, cost drivers, or cost accounting concepts preferred.
  • Strong attention to detail, sound judgment, and ability to protect sensitive pricing, customer, and business information.
  • Ability to manage multiple priorities, meet deadlines, and work effectively in a team environment.
What we offer
  • Solid employer present on the market for over 100 years.
  • Career growth and opportunities: we hire from within!
  • Collaborative and empowered work environment where team spirit is at the center of our success.
  • Company values that encourage trust, respect, collaboration and professional growth.
  • Open environment: we are excited to hear your ideas!
If you don't find yourself in all points, apply anyway, because nobody is perfect and you can learn a lot with us!

Have we sparked your interest?

Then take your future into your own hands as soon as possible - we look forward to getting to know you. Please apply with your complete application documents directly online.

Conditions of Employment

This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.

Pay, Benefits, Work Schedule

Competitive Compensation
  • Pay Range: $61810 to $102920 annually
  • Participation in Annual Incentive Program
Benefit & Retirement Plans

Parker offers competitive benefit programs, including:
  • Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
  • 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
  • Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
  • Career development and tuition reimbursement.
  • Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • Paid Time Off and Company-Paid Holidays.

About Parker Hannifin

Parker Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial, and aerospace markets. They are also demonstrating how their interconnected portfolio of motion and control technologies is critical to enabling a cleaner and sustainable world.

Parker Hannifin Careers

Join the vibrant team at Parker Hannifin, a global leader in motion and control technologies, and be part of a company known for its innovative approach and commitment to excellence. At Parker Hannifin, we offer a wide range of job opportunities that allow professionals to advance their careers in an environment that fosters growth, leadership, and diversity.

Work You’ll Do

At Parker Hannifin, every position contributes to our mission of solving the world’s greatest engineering challenges. Our team is composed of highly skilled professionals dedicated to pushing the boundaries of technology and innovation. Whether you are looking for a full-time position, an internship, or a leadership role, Parker Hannifin has a place for you.

Innovate and Lead

Embrace the opportunity to lead projects that redefine industry standards. Parker Hannifin is at the forefront of technological innovation, and our employees are the driving force behind our success. With a culture that values diversity and creative problem-solving, you will work alongside some of the brightest minds in the industry.

Grow Your Career

Parker Hannifin is committed to the professional growth of our employees. With comprehensive training programs and a focus on career development, we ensure that our team members have the resources they need to succeed. Our commitment to professional development is matched by our dedication to promoting from within, providing a clear path for career advancement.

Be Part of a Great Team

Our team at Parker Hannifin is our greatest asset. We pride ourselves on a culture that promotes teamwork, respect, and collaboration. With a global network of professionals, the opportunities for networking and cross-functional collaboration are vast. Join us and be part of a team that is making a difference in the world.

Benefits and Culture

Parker Hannifin offers a competitive benefits package that supports the health, well-being, and financial security of our employees and their families. From health insurance to retirement plans, we provide the benefits that help you live a healthier and more secure life. Our inclusive culture encourages involvement and offers various channels for employees to express their ideas and insights.

Explore Job Opportunities

Are you ready to take the next step in your career? Explore the exciting job opportunities at Parker Hannifin. From engineering to marketing, and from sales to customer service, we have positions that match a wide range of skills and interests. - **Search Parker Hannifin Jobs**: Find open positions that align with your skills and career goals. We are continuously hiring and looking for new talent to join our dynamic team. - **Prepare Your Application**: Tailor your resume and prepare for your interview with us. Show us how your experience and skills make you the perfect fit for Parker Hannifin. - **Internship Programs**: Gain hands-on experience and build your professional network through our internship programs. These opportunities are designed to give you a solid foundation in your chosen field.

Stay Connected

- **Join Our Team**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Career Development**: Engage in ongoing learning and development programs to enhance your skills and boost your career prospects. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Parker Hannifin. At Parker Hannifin, we are not just offering jobs; we are offering careers that make a global impact. Join us and be part of a legacy of leadership, innovation, and diversity.
Learn more about Parker Hannifin
Size
54,640 employees
Market Cap
$37.5 billion
Industry
Manufacturing & Automotive
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ
PH
* Ladders Estimates

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