Job DescriptionAs a Senior Pricing Analyst, you will play a key role within the Front Store Retail Pricing & Analytics team. The Senior Pricing Analyst is essential to ensuring that our pricing strategy is maintained consistently across our front store business in our 9700+ retail locations and CVS.com.
The Senior Pricing Analyst position is responsible for working cross functionally with the Pricing Team, Item Maintenance Team, Marketing Team and Category Management to continuously evaluate our pricing strategy and price position, and ensure that our item prices are aligned to our pricing strategy as well as individual category strategies.
The primary focus of this role will be to support the optimization and management of our omnichannel pricing strategy. Ensuring that this strategy reflects our most current business objectives and seamlessly integrates with our existing marketing vehicles for both CVS.com and our retail locations is critical to the success of this role.
As a member of the Front Store Pricing Team, you will join a talented group of Pricing Analyst and Managers, focused on continuously evolving our pricing strategy, leveraging innovative tools and robust data to optimize our retail pricing and help support the growth of our overall business.
Additional responsibilities of the Senior Pricing Analyst include:
-Develop and support forward-thinking pricing strategies that optimize sales and margin
-Develop knowledge of customer shopping behaviors, category strategies, and key business drivers as input to pricing strategy
-Develop a deep understanding of category financial levers including sales, promotions, funding, and profitability as input to pricing strategy
-Continuously evaluate competitors and marketplace dynamics to assess the impact on CVS business and develop pricing strategy recommendations that support evolving business objectives in collaboration with the Pricing Manager and Category Manager
-Track key business metrics (e.g. sales, share, value perception, margin, competitive position, etc.) to continually evaluate, refine and implement price changes as necessary to maintain category pricing strategies
-Test pricing hypotheses, measure results, and develop strategy insights and implications
-Independently design and execute ad-hoc analytical exercises for components of pricing plans; identifying the appropriate sources of data, manipulating the data and synthesize facts and insights into concrete, actionable recommendations
-Contribute to internal pricing department and/or cross-functional projects that may include process improvement, technology development, marketing communications, store execution, etc.
Required Qualifications3+ years of experience in project leadership, business analysis, and strategy development in a retail, consulting, or consumer-packaged goods environment.
3+ years of experience in an analytical role providing strong quantitative, mathematical, interpersonal and communication skills.
2+ years using MS Word, Excel and Access, with experience in creating advanced Excel spreadsheets
Preferred QualificationsStrong problem-solving skills, with an ability to influence and negotiate with peers and cross functional partners.
Ability to manage multiple priorities and drive tasks to completion within deadlines with a high degree of accuracy in a fast paced environment.
Project leadership skills, with the ability to prioritize and deliver on multiple concurrent initiatives that have significant financial impact.
Knowledge of SQL
EducationBachelors degree in Business, Management Science,
Mathematics or Economics required, Masters degree a plus
CVS Health, through our unmatched breadth of service offerings, is transforming the delivery of health care services in the U.S. We are an innovative, fast-growing company guided by values that focus on teamwork, integrity and respect for our colleagues and customers. What are we looking for in our colleagues? We seek fresh ideas, new perspectives, a diversity of experiences, and a dedication to service that will help us better meet the needs of the many people and businesses that rely on us each day. As the nation’s largest pharmacy health care provider, we offer a wide range of exciting and fulfilling career opportunities across our three business units – MinuteClinic, pharmacy benefit management (PBM) and retail pharmacy. Our energetic and service-oriented colleagues work hard every day to make a positive difference in the lives of our customers.
CVS Health is an equal opportunity employer. We do not discriminate in hiring or employment against any individual on the basis of race, ethnicity, ancestry, color, religion, sex/gender (including pregnancy), national origin, sexual orientation, gender identity or expression, physical or mental disability, medical condition, age, veteran status, military status, marital status, genetic information, citizenship status, unemployment status, political affiliation, or on any other basis or characteristic prohibited by applicable federal, state or local law. CVS Health will consider qualified job candidates with criminal histories in a manner consistent with federal, state and local laws. CVS Health will not discharge or in any other manner discriminate against any Colleague or applicant for employment because such Colleague or applicant has inquired about, discussed, or disclosed the compensation of the Colleague or applicant or another Colleague or applicant. Furthermore, we comply with the laws and regulations set forth in the following EEO is the Law Poster: EEO IS THE LAW
and EEO IS THE LAW SUPPLEMENT
Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. If you require assistance to apply for this job, please contact us by clicking EEO AA CVS Health
CVS Health does not require nor expect that applicants disclose their compensation history during the application, interview, and hiring process.
For inquiries related to the application process or technical issues please contact the Kenexa Helpdesk at 1-855-338-5609. For technical issues with the Virtual Job Tryout assessment, contact the Shaker Help Desk at 1-877-987-5352. Please note that we only accept resumes via our corporate website: https://jobs.cvshealth.com/