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34 Assurance Intl Limited Jobs
Manager/Senior Manager-Pricing & Strategy
8-12 years
Gurgaon / Gurugram
1 vacancy
Manager/Senior Manager-Pricing & Strategy
Assurance Intl Limited
posted 3+ weeks ago
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Job Description
Strategic Pricing and Policy Development:
- Establish dynamic pricing systems for channels, considering regional variations, competitor pricing, and customer demand elasticity.
- Develop promotional pricing strategies (volume discounts, bundling, or seasonal campaigns) to drive sales without eroding margins.
- Define and enforce pricing governance policies to prevent margin leakage, including clear discount approval processes and escalation frameworks.
Advanced Market Research and Competitive Intelligence:
- Identify customer segments by geography, purchasing behavior, and product preferences to determine pricing tiers.
- Monitor the competitive landscape, including OEM pricing strategies, aftermarket competitors, and regional distributors.
- Evaluate global industry trends, raw material price fluctuations (e.g., crude oil for lubricants, Lead for Battery), and economic conditions to adapt strategies accordingly.
Revenue Management and Optimization:
- Regularly review product margins to identify high-performing SKUs and underperforming products that require repricing or repositioning.
- Collaborate with finance teams to refine cost-plus pricing models while factoring in market conditions and customer value.
- Develop pricing strategies for new product launches, mature products, and products in the declining phase of their lifecycle.
Business Strategy and Expansion:
- Analyze opportunities for entering new markets or geographies by evaluating local demand, competitive pricing, and distribution channels.
- Work on e-commerce pricing strategies to align with the growing trend of online sales in the aftermarket business.
Stakeholder Collaboration:
- Provide tools, training, and support to sales teams on pricing structures, negotiation tactics, and value communication.
- Collaborate with marketing to design campaigns that align with pricing strategies and customer value propositions.
- Work closely with the supply chain team to align pricing with inventory management and logistics costs.
Data Analytics and Decision Support:
- Leverage advanced analytics to uncover insights into customer purchasing behavior, pricing trends, and demand patterns.
- Build robust pricing forecast models to predict sales volume, revenue impact, and profitability under various scenarios.
- Design and maintain key performance indicators (KPIs) to monitor pricing effectiveness, customer retention, and profitability.
Skills and Knowledge:
Qualification: MBA in Marketing and Finance
Relevant Experience and Skills :
- 8-12 years of experience in pricing strategy, market research, or business strategy, with at least 3-5 years in the lubricants or auto parts aftermarket sector.
- Demonstrated ability to lead pricing transformations and deliver measurable financial outcomes.
- Advanced Excel and financial modeling skills.
- Advanced skills in business analysis tools
- Expertise in data visualization tools
Personal Characteristics Behaviors;
- Exceptional problem-solving and analytical thinking.
- Strong leadership and team collaboration abilities.
- Effective communication and presentation skills to influence senior management and stakeholders.
Employment Type: Full Time, Permanent
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based on 86 employees
Strict timing
Monday to Saturday
No travel
Day Shift
Assurance Intl Limited Benefits
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