Strategic Pricing Business Partner

This is a hybrid role, working onsite 4 days/week in Anoka, MN.

About the Role

Join a dynamic pricing team that is on a digital pricing transformation journey. Lead development and deployment of commercial pricing tools, including PriceFx, Tacton, AI-enabled tools, and dashboards.

Responsibilities

• 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 to.
• Manage customer price agreements in collaboration with sales leaders and legal teams.
• Collaborate with business leaders to recommend pricing strategies and models based on 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, and customers.
• Implement various price strategies in a global environment, including global contracts, price leader vs. price follower, and mature growth market vs. penetration growth market strategies.

Requirements

• 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; 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.

About the Company

nVent is a leading global provider of electrical connection and protection solutions. We design, manufacture, market, install, and service high-performance products and solutions that connect and protect some of the world’s most sensitive equipment, buildings, and critical processes. Our robust portfolio includes industry-leading brands such as nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF, and TRACHTE.

We offer a dynamic global reach with diverse operations that provide plentiful career opportunities and allow you to make an impact every day. Our core values shape our culture and drive us to deliver the best for our employees and customers: innovative & adaptable, dedicated to absolute integrity, focused on the customer first, respectful and team-oriented, optimistic and energizing, and accountable for performance.

We encourage and support the philanthropic activities of our employees worldwide through our nVent in Action matching program, providing funds to nonprofit and educational organizations where our employees volunteer or donate.

Pay

Compensation range: $105,000.00 - $195,000.00. Depending on the position offered, the employee may be eligible for other forms of compensation, such as annual incentives.

Benefits

• Medical, dental, and vision plans along with flexible spending accounts.
• Short-term and long-term disability benefits, critical illness, accident insurance, and life insurance.
• 401(k) retirement plan and an employee stock purchase plan, both with a company match.
• Tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off (including volunteer time), and a well-being program.
• Legal and identity theft protection.

Schedule

Hybrid role requiring 4 days per week onsite in Anoka, MN.