nVent

Strategic Pricing Business Partner

nVent$105K — $195K *
Anoka, MN 55303In-Person
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field preferred (Business, Marketing, Finance, Economics, Engineering, Computer Science)
  • 5+ years of experience in pricing, sales, finance, or marketing
  • Experience in a global pricing team is highly preferred
  • Familiarity with Snowflake, Tableau, SQL, or PowerBI is a plus
  • Knowledge of pricing software like PriceFx or Tacton is an advantage
  • Ability to facilitate discussions and negotiate across diverse teams
  • Strong analytical skills including competitive analysis and data-driven decision making

Responsibilities

  • Lead development and deployment of pricing tools and dashboards
  • Manage pricing data for accurate automation results
  • Design, implement, and monitor pricing policies across products
  • Develop and roll out training materials on pricing policies
  • Coordinate customer price agreements with sales and legal teams
  • Recommend pricing strategies based on market analysis and business dynamics
  • Conduct profitability analytics and monitor price performance metrics

Benefits

  • Medical, dental, and vision plans with flexible spending options
  • 401(k) with company match and employee stock purchase plan
  • Tuition reimbursement and various leave options, including parental and caregiver leave
  • Paid time off, including time for volunteering
  • Access to well-being programs and legal identity theft protection services
Full Job Description
**This is a hybrid role, working onsite 4 days/week in Anoka, MN**

WHAT YOU WILL EXPERIENCE IN THIS POSITION:
  • Lead development and deployment of commercial pricing tools, PriceFx, Tacton, AI-enabled tools and dashboards.

  • Manage end-to-end pricing data to ensure accurate and desired automation results.

  • Design, implement and monitor pricing policies for all products and sales channels.

  • Develop and deploy pricing training and communication tools, ensure pricing policies and procedures are adhered.

  • Managing customer price agreements in collaboration with sales leaders and legal teams.

  • Collaborate with business leaders to recommend pricing strategies and models based upon current business and competitive global dynamics.

  • Perform product and customer profitability analytics through effective price action on customer accounts.

  • Apply pricing data analytics, including target price guidance logic, data-driven recommendation of DOA thresholds, regional price variability recommendations, competitive indexing, price waterfall model and cost-to-serve analysis.

  • Monitor price performance metrics and perform periodic price analysis for product lines, regions, customers.

  • Implement various price strategies in global environment, including global contracts, price leader vs price follower, mature growth market vs penetration growth market strategy.

  • Join a dynamic pricing team that is on a digital pricing transformation journey.


YOU HAVE:
  • Bachelor's degree required; degree concentration in Business, Marketing, Finance, Economics, Engineering, Computer Science, or a related field is preferred.
  • 5+ years of experience analyzing data in pricing, sales, finance, or marketing required. Experience in the electrical industry is a plus.

  • Experience working in a global pricing team and a distribution go-to-market environment highly preferred.

  • Experience collaborating with global pricing teams and key partners is highly preferred.

  • Experience with software such as Snowflake, Tableau, SQL or PowerBI preferred.

  • Experience with PriceFx, Tacton, and ERP advanced pricing module preferred.

  • Ability to facilitate meetings and negotiate solutions with individuals that may have differing goals and strong opinions.

  • Knowledge performing competitive analysis, data-driven decision-making, market price benchmarking and price volume mix analysis.


Pay Transparency

nVent9s pay scale is based on the expected range of base pay for this job and the employee9s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.

Compensation Range:

$105,000.00 - $195,000.00

Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview

At nVent, we value our people and their health and well-being. We provide a broad benefits package with meaningful programs for eligible full-time employees that includes:

  • Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

  • A 401(k) retirement plan and an employee stock purchase plan 6 both include a company match.

  • Other supplemental benefits may include tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other9s authenticity because we understand that uniqueness sparks growth.

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About nVent

nVent is a global leader in the design, manufacture, and distribution of electrical enclosures, electric heat tracing solutions, and other electrical products. The company serves a wide range of industries, including energy, industrial, infrastructure, and commercial. nVent was founded in 2018 as a spin-off from Pentair, and is headquartered in St. Louis Park, Minnesota. The company has operations in more than 30 countries and employs approximately 9,000 people.
Learn more about nVent
Size
9,000 employees
Market Cap
$6.3 billion
Industry
Net Income
-$47.2 million
5 Year Trend
+3.1%
Revenue
$1.9 billion

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