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Pricing analyst skills for your resume and career

Updated January 8, 2025
6 min read
Quoted experts
Pavel Chernyavskiy Ph.D.,
Michael Ettlinger
Pricing analyst example skills
Below we've compiled a list of the most critical pricing analyst skills. We ranked the top skills for pricing analysts based on the percentage of resumes they appeared on. For example, 6.4% of pricing analyst resumes contained pricing strategy as a skill. Continue reading to find out what skills a pricing analyst needs to be successful in the workplace.

15 pricing analyst skills for your resume and career

1. Pricing Strategy

Here's how pricing analysts use pricing strategy:
  • Monitor competitive airline s pricing strategy and react quickly and efficiently to ensure Continental markets are not undercut by competitors.
  • Analyze bids / tenders to identify strategic destinations of interest & develop the pricing strategy based on agreed profitability targets.

2. Strong Analytical

Here's how pricing analysts use strong analytical:
  • Earned top reputation for strong analytical skills, as well as for efficiency in reporting information to upper management.
  • Promoted to Senior Pricing Analyst by demonstrating strong analytical, problem solving and team leadership skills.

3. Customer Service

Customer service is the process of offering assistance to all the current and potential customers -- answering questions, fixing problems, and providing excellent service. The main goal of customer service is to build a strong relationship with the customers so that they keep coming back for more business.

Here's how pricing analysts use customer service:
  • Developed and maintained customer relationships with large, multinational companies while streamlining their supply chain process and providing superior customer service.
  • Streamlined pricing process by training customer service representatives to perform basic pricing functions in response to general pricing requests from distributors.

4. Data Analysis

Here's how pricing analysts use data analysis:
  • Performed financial analysis through data preparation and exploratory data analysis to support price execution policies and overall optimization of price management.
  • Utilized data analysis and customer segmentation to create differentiated pricing strategies in every individual bid opportunity.

5. SQL

Here's how pricing analysts use sql:
  • Automated the opportunity prioritization/selection modeling process using Excel VBA and SQL.
  • Edited SQL queries and Perl scripts to search databases for data, using Toad for Oracle and Perl.

6. Financial Analysis

Here's how pricing analysts use financial analysis:
  • Provided in-depth financial analysis and contract pricing for a government contractor specializing in intelligence, reconnaissance, and surveillance systems.
  • Performed financial analysis on existing contracts to discover ways to help increase profitability without increasing the current pricing structure.

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7. Power Bi

Here's how pricing analysts use power bi:
  • Published Power BI Dashboards which housed information regarding cost reduction requests that were submitted to manufacturers.
  • Build and utilize reports and dashboards with the analytics software Power BI.

8. Pivot Tables

A pivot table is a technique used in data processing to arrange and rearrange statistics to prioritize useful information. The aim of a pivot table is to summarize the findings and interpretations of the data extracted. Pivot tables take information from a database or spreadsheet to report sums, average, and other such statistics. This technique is integral to data analysis since it turns the data to view it from different lenses and perspectives.

Here's how pricing analysts use pivot tables:
  • Employed pivot tables and macros to consolidate large amounts of data in Excel, and utilized AROS for analyzing competitor data.
  • Position required heavy use of Excel with utilization of VLOOKUP, pivot tables, graphing, and other formulas.

9. RFP

RFP stands for request for proposal and is a document that contains details about a project or bids from contractors who are responsible for completing the project.
Here's how pricing analysts use rfp:
  • Managed National/Global RFP project process by creating pricing models and coordinating pricing efforts of different ManpowerGroup brands.
  • Created financial models, risk analyses and provided recommendations to senior management regarding RFP responses.

10. Strategic Pricing

Strategic pricing is a method where a company will determine the price for a product depending on consumers' demand for the product or what a competitor with a similar product is charging. This form of pricing does not take the manufacturing process cost into consideration and purely focuses on external elements.

Here's how pricing analysts use strategic pricing:
  • Performed strategic pricing and sales analysis to identify sales margin opportunities and recommended strategies to maximize volume in sales and margins.
  • Served as Project Manager for divisional strategic pricing project with Big Five consulting company resulting in systematizing the pricing process.

11. Competitive Pricing

Competitive pricing entails selecting calculated price-points to take advantage of the market in comparison to the competition. It is used once price has reached equilibrium for a specific product or service. Competitive pricing helps create control over product positioning and better strategies. Additionally, organizations can also test several price points, and maximising profits, without losing competitive strength.

Here's how pricing analysts use competitive pricing:
  • Research and analysis of federal and commercial contracts to complete competitive pricing analyses to recommend best value pricing for contract implementation.
  • Performed analysis and prepared reports on promotional exceptions and competitive pricing activity for performance results (actual versus expected).

12. Cost Proposals

Cost proposals demand a person to manage, update, and produce multiple and yielding pricing models for use in preparing cost/price assessments.

Here's how pricing analysts use cost proposals:
  • Submit requests for information to obtain necessary clarifications of cost proposals, perform fact-findings, and formulate objective positions for negotiations.
  • Major responsibilities included preparation, analysis, and substantiation of cost proposals for Government and commercial business areas.

13. Process Improvement

Here's how pricing analysts use process improvement:
  • Evaluated business challenges in existing processes and gathered customer requirements by applying Six Sigma techniques and tools for process improvements.
  • Worked with dedicated business analysts, software developers and business management to identify, design, and implement process improvements.

14. Executive Management

Here's how pricing analysts use executive management:
  • Develop and present recommendations that optimize company's long-term profitability to the Executive Management Team at daily pricing review meetings.
  • Instituted a tracking & reporting system for monthly, quarterly and annual executive management business activity and profitability updates.

15. Excellent Interpersonal

Here's how pricing analysts use excellent interpersonal:
  • Utilized excellent interpersonal and client-building skills, implementing Statement of Work (SOW) and continuous improvement initiatives.
top-skills

What skills help Pricing Analysts find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

What pricing analyst skills would you recommend for someone trying to advance their career?

Pavel Chernyavskiy Ph.D.

Assistant Professor of Statistics, University of Wyoming

Statisticians with subject-matter expertise tend to be more in-demand, all else being equal. For example, quantitative biologists, statistical geneticists, bioinformaticians, industrial statisticians can all be thought of as "statisticians with subject-matter expertise," at least in my opinion. With that in mind, if an applicant can develop their knowledge of a particular area of application during their gap year, it should help them in the job market.

What type of skills will young pricing analysts need?

Michael EttlingerMichael Ettlinger LinkedIn profile

Director, University of New Hampshire

Analytic, communications, and political skills are all sought after. A graduate need not be highly skilled in all three to be successful. Still, even a pure public policy analyst will be more successful if they understand the political environment with which their analysis will interact and effectively communicate their research. Similarly, a communicator, or one who operates mostly in the political realm, may not need to be able to do high-level analysis. Still, they need to understand research and tell useful comments from the lousy study.
Do you want to know more?
Read more about what experts have to say about pricing analyst

List of pricing analyst skills to add to your resume

Pricing analyst skills

The most important skills for a pricing analyst resume and required skills for a pricing analyst to have include:

  • Pricing Strategy
  • Strong Analytical
  • Customer Service
  • Data Analysis
  • SQL
  • Financial Analysis
  • Power Bi
  • Pivot Tables
  • RFP
  • Strategic Pricing
  • Competitive Pricing
  • Cost Proposals
  • Process Improvement
  • Executive Management
  • Excellent Interpersonal
  • Business Development
  • Logistics
  • Market Research
  • Market Trends
  • Federal Acquisition
  • Price Analysis
  • VBA
  • Cost Accounting Standards
  • SAS
  • Product Management
  • Cost Analysis
  • Financial Models
  • Cost Models
  • Historical Data
  • Financial Data
  • CAS
  • Analytical Support
  • ERP
  • Cost Estimates
  • Gross Margin
  • RFQ
  • Competitive Analysis
  • Contract Types
  • Cost Data
  • DOD
  • Market Data
  • Develop Pricing Strategies
  • Margin Analysis
  • Product Line
  • DCAA
  • Competitor Analysis
  • Profitability Analysis
  • FFP
  • Market Analysis

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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