Job Summary:
The successful candidate will be responsible in maintaining pricing operations for the Exhibition events and finding new insights throught statistical means to drive pricing improvement. The successful candidate will work closely with the Director of Pricing and eventually work with other directors of pricing globally. He/she is expected to be an experienced professional with best practices in data modeling skills. The specialist will be responsible for preparing & optimizing pricing & data models, aiding to achieve commercial excellence, and helping to drive cohesive pricing excellence for the business. This role requires the ability to drive insights from data analysis he or she performs, as well as proficiency in the use of statistical and/or other data and computing tools and techniques. In addition, this role is expected to be the administrator of the pricing approval process.
Accountabilities:
Core responsibilities
Quantitative Studies and Analysis: Regression (Linear, Logistic, etc.), Time Series Analysis, Multivariate Analysis (Factor Analysis, Cluster Analysis, Discriminant Analysis, Co
njoint Analysis, Correspo
ndence Analysis, etc.), Sample Size Calculation, Survey Operations, Experimental Designs, Bayesian and Classical Statistics, No
nparametric StatisticsQualitative Studies and Strategies: Market Research and Pricing Strategies/PoliciesPrepares models with wide array of data to forecast B2B buyer behaviorMaintain pricing models for changing business needsCollates, analyzes, and interprets data to actio
nable business intelligenceDrive process improvements via workflow co
nsolidation or by use of technologyAdministrator of pricing approval processAd Hoc projects as needed
Additional expectations
Highly knowledgeable to different statistical methods/techniques and programming software programsUtilize Statistical programming software aside from MS Excel (RStudio, Python, SPSS, etc.) in processing pricing dataRespo
nsible in devising and analyzing statistical methods to the pricing datae
valuate and transform co
nceptual f
ramework/s into a measurable pricing model/analysisComfortable in executing different Statistical methods and programming toolsCo
ntributes to process improvements; UsActs as a resource for colleagues with less experienceRequires co
nceptual and practical expertise in own areaHas knowledge of best practices and how own area integrates with others; is aware of the competition and the factors that differentiate the company in the marketOccasio
nally leads the work of small project teams; provides informal guidance to junior staffWorks with minimal guidance; Explains difficult or sensitive information to a wide range of audience (from staff to C-suite levels)
Qualifications/Requirements:
Must possess at least a Bachelor's/College Degree, any field7 or more years of related revenue, pricing, strategic role/experienceStrong understanding of financial acumenProficient in statistical knowledge & applicatio
nStrong qualitative and quantitative analytical skills to turn results into actio
nable plans
Reed Elsevier is a world leading provider of professional information solutions in the science and medical, legal, risk management, and business to business sectors. We leverage deep customer understanding to deliver demonstrably improved outcomes to our professional customers.We do this by combining content and data with analytics and technology in global platforms, sharing institutional skills, assets and resources across Reed Elsevier.Our customers are using our products every day to advance science, improve medical outcomes, enable better legal decisions, evaluate risk, forge business relationships and gain business insight.