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Strategic Pricing Analyst | Hybrid

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Fast Facts

Join Ellucian as a Strategic Pricing Analyst to develop pricing strategies that drive business growth and enhance decision-making through analytical insights.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Responsibilities: Conduct market research, perform pricing diagnostics, support go-to-market processes, and create pricing performance metrics to inform strategic decisions.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Skills: 2+ years in pricing roles, expertise in Microsoft Excel, experience with Salesforce.com, strong analytical and communication skills.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Qualifications: Experience in SaaS or cloud software, familiarity with higher education is preferred, ability to manage multiple tasks efficiently.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Location: Reston, Virginia, United States; Hybrid work model.

liETtVLaARqgmMEbYzHNNLIzUPcdfPrwhYtVK7Qa.png Compensation: Not provided by employer. Typical compensation ranges for this position are between $75,000 - $105,000.



About Ellucian

Ellucian is a global market leader in education technology. We power innovation for higher education, partnering with more than 2,900 customers across 50 countries and serving over 20 million students. Ellucian's AI-powered platform, trained on the richest dataset available in higher education, drives efficiency, personalized experiences, and strengthened engagement for all students, faculty and staff. Fueled by decades of experience with a singular focus on the unique needs of learning institutions, the Ellucian platform features best-in-class SaaS capabilities and delivers insights needed now and into the future. These solutions and services span the entire student lifecycle, from student recruitment, enrollment, and retention to workforce analytics, fundraising, and alumni engagement. Ellucian's innovative solutions, vast ecosystem of partners, and user community of more than 45,000 provide best practices leading to greater institutional success and achieving better student outcomes.

Values Rooted in Purpose

We embrace the power to lead, the courage to innovate, and the determination to grow. At our core, we believe in humanizing our approach, recognizing that our people are our greatest strength. With a shared vision of transformation, we endeavor to shape a brighter future for higher education.

About the Opportunity

The Strategic Pricing Analyst will support the creation of Ellucian’s pricing strategy for both its products and services,developing practical and innovative ways to meet business growth goals by generating analytical insights at both a customer and product level. This person will work closely with Product, Services Finance and Sales leaders to address business needs in support of driving scalable, repeatable analysis and reporting for fact-based decision making. The individual will also play a critical role in supporting the go-to-market process for new solutions, including identifying optimal pricing models and determining list prices.

Specific focus areas include: conducting customer research, gathering and preparing data for analysis, performing analytics and pricing diagnostics on various datasets, and synthesizing information to make recommendations for solving both transactional and strategic pricing challenges.

This role, which will report to the Senior Director, Strategic Pricing, will be a key driver of overall pricing strategy at Ellucian

Where you will make an impact 

  • Conduct market research to understand customer willingness to pay and Ellucian pricing power. Customer willingness-to-pay research for new solutions through in-person interviews, price sensitivity surveys, and general market/competitor research
  • Define, build and implement solutions to measure price effectively at both a customer or deal level as well as product or market level 
  • Work with IT and other necessary cross-functional teams to build solutions for providing greater price visibility, and integrate it into existing systems or analytical tools
  • Work with cross functional teams to define floor, target and ceiling pricing for various deal segments
  • Create sales region scorecard(s) /dashboard(s) by product type, customer and segment for price performance measurement
  • Provide “ad hoc” reporting and/or analyses to support sales, product or finance team requests
  • Identify additional necessary strategic actions needed to improve price visibility; prioritize and drive these identified actions to completion
  • Proactively communicate metrics and project objectives, status, barriers and results to all levels of the organization as required

What you will bring

  • At least 2 years of work experience in a pricing role and/or direct experience developing business analytics and reporting, business cases, or related statistical analysis (e.g., Regression, Market Basket Analysis)
  • Industry experience in Software as a Service or Cloud based software, internet, data/ information services businesses is highly desired
  • Experience working in higher education is preferred.
  • Expertise using Microsoft Excel to aggregate disparate data sources, develop models, perform what-if analyses, and communicate key results. Comfort with large data sets required
  • Experience with Salesforce.com and Salesforce CPQ preferred
  • Demonstrated experience in leading development of analytical project plans, deliverables and proving associated impact
  • Strong verbal and written communication skills, ability to adapt style based on audience
  • Solid organizational skills with ability to manage multiple tasks and priorities
  • Independent self-starter desired

What makes #Ellucianlife

  • Comprehensive health coverage: medical, dental, and vision
  • Flexible time off
  • Thrive Flex Program that allows you to contribute towards your health, financial or learning interests
  • 401k w/ match & Bright Plan - to help you save for the future
  • Parental Leave
  • Charitable leave – 40 hours/year
  • Telemedicine
  • Wellness
  • Ginger (mental health)
  • Wellbeats (virtual fitness classes)
  • Rethink & Wellthy– caregiver support
  • Diversity and inclusion programs which provide access to internal employee resource groups
  • Tuition Reimbursement Assistance
  • Professional development opportunities

#LI-JG1

#LI-Hybrid

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CEO of Ellucian
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Average salary estimate

$90000 / YEARLY (est.)
min
max
$75000K
$105000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Strategic Pricing Analyst | Hybrid, Ellucian

Join Ellucian as a Strategic Pricing Analyst in Reston, where you'll be at the forefront of driving business growth through innovative pricing strategies. If you're someone who loves diving into the numbers, conducting market research, and providing insightful analytics to guide decision-making, this role is tailored for you. In this position, you'll collaborate with various teams including Product and Services Finance to create effective pricing models that not only meet our business goals but also truly resonate with our customers. The role is hybrid, allowing for flexibility as you immerse yourself in analyzing customer willingness to pay, developing pricing diagnostics, and supporting our go-to-market initiatives. We’re looking for someone with at least 2 years of experience in pricing roles who’s proficient in Microsoft Excel and familiar with Salesforce.com. You’ll have the opportunity to craft performance metrics that influence strategic decisions, and your insights will directly impact pricing models for our innovative solutions. Here at Ellucian, we believe in harnessing analytical insights to optimize pricing strategies for our products and services. Equipped with a deep understanding of SaaS or cloud software, you'll help shape pricing strategies that align with both customer expectations and business growth objectives. Your contributions could make a significant difference in higher education technology, helping both institutions and students thrive!

Frequently Asked Questions (FAQs) for Strategic Pricing Analyst | Hybrid Role at Ellucian
What responsibilities does a Strategic Pricing Analyst at Ellucian have?

As a Strategic Pricing Analyst at Ellucian, your primary responsibilities revolve around developing pricing strategies for our products and services. This includes conducting market research, performing analytics on various datasets, and providing actionable insights to enhance revenue growth. You'll support the go-to-market processes and work closely with cross-functional teams, delivering pricing diagnostics and creating metrics for pricing performance. Your analytical skills will be pivotal in synthesizing data to make informed pricing recommendations.

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What qualifications are needed to become a Strategic Pricing Analyst at Ellucian?

To qualify for the Strategic Pricing Analyst position at Ellucian, you should possess at least 2 years of experience in pricing roles or related fields that involve business analytics and reporting. A strong proficiency in Microsoft Excel, experience with Salesforce.com, and familiarity with the SaaS or cloud software industry are highly preferred. Additionally, having a background or understanding of higher education can greatly benefit your role in developing tailored pricing strategies.

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What skills are essential for a Strategic Pricing Analyst at Ellucian?

Essential skills for a Strategic Pricing Analyst at Ellucian include strong analytical capabilities, advanced proficiency in Microsoft Excel for data analysis, and excellent communication skills for conveying insights and collaborating with various teams. Experience with Salesforce.com is also advantageous. Being organized and capable of managing multiple tasks while maintaining attention to detail is crucial for succeeding in this position.

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What does the work environment look like for a Strategic Pricing Analyst at Ellucian?

The work environment for a Strategic Pricing Analyst at Ellucian is hybrid, meaning you'll enjoy the flexibility to work both remotely and in the office located in Reston. This setup promotes collaboration with team members, allows you to engage with cross-functional departments effectively, and fosters a dynamic atmosphere where you can share your innovative ideas while being part of a leading education technology company.

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What are the growth opportunities for a Strategic Pricing Analyst at Ellucian?

Ellucian encourages growth and development within the company for Strategic Pricing Analysts. By performing well in your role, you can advance to senior roles or broaden your expertise into other areas of the business, such as product management or finance. Additionally, you can take advantage of various professional development opportunities offered by the company to further enhance your skills and career trajectory.

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Common Interview Questions for Strategic Pricing Analyst | Hybrid
Can you describe your experience with pricing strategy development?

When answering this question, discuss specific examples from your past roles where you successfully developed or contributed to pricing strategies. Highlight the methodologies you used, any data analysis performed, and the impact of your strategies on revenue growth.

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How do you approach market research for pricing analysis?

Explain your process for conducting market research. Include details about the tools you use, the types of data you gather, and how you analyze competitor pricing to inform your recommendations. Emphasize your analytical skills and willingness to adapt your approach based on findings.

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What tools or software are you proficient in that assist in pricing analysis?

Mention your proficiency in tools such as Microsoft Excel and any relevant data analysis or CRM software like Salesforce.com. Highlight how these tools improve your ability to analyze data and create comprehensive pricing models.

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How would you handle disagreements with team members about pricing strategies?

Describe your approach to conflict resolution, emphasizing open communication and collaboration. Illustrate how you would present data supporting your viewpoint while remaining receptive to feedback and input from others.

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What key metrics do you believe are important to track in pricing performance?

Talk about metrics such as revenue per product, customer price sensitivity, and sales conversion rates, explaining why these metrics matter in understanding the effectiveness of pricing strategies. Be prepared to discuss how you would obtain and analyze this data.

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Can you provide an example of a successful pricing change you implemented?

Prepare to share a story about a specific pricing change you implemented in a past role. Discuss the context, your analytical process, the outcome, and what you learned from the experience.

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How do you prioritize your tasks while handling multiple projects?

Discuss your organizational skills and any tools or methodologies you use for task prioritization, such as project management software or specific frameworks. Explain how you balance deadlines and project importance.

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What role does customer feedback play in your pricing analysis?

Emphasize the importance of customer insights in informing intelligent pricing decisions. Discuss methods for gathering feedback, such as surveys or interviews, and how you integrate that data into your analysis.

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Explain a time you had to conduct a complex data analysis.

Share a situation where you handled complex data analysis. Detail the context, how you approached the data, the tools you used, and the insights you derived from your analysis.

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How familiar are you with the higher education sector in relation to pricing strategies?

If you have experience within the higher education sector, discuss it. If not, express your eagerness to learn about the unique pricing challenges and opportunities within this sector as a Strategic Pricing Analyst at Ellucian.

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Full-time, hybrid
DATE POSTED
April 19, 2025

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