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Pricing Analyst - Internship

Schaffhausen, SH, CH

About Terex:

Terex is a global manufacturer of materials processing machinery and aerial work platforms. We design, build and support products used in construction, maintenance, manufacturing, energy, recycling, minerals, and materials management applications. Certain Terex products and solutions enable customers to reduce their environmental impact including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, Australia and Asia and sold worldwide. We engage with customers through all stages of the product life cycle, from initial specification and financing to parts and service support.

 


 

About the Position:
Title: Pricing Analyst - Internship
Reports to: Director, Global Parts Strategic Pricing
Location: Schaffhausen, Switzerland

 

Position Overview:
In this position you will be responsible for the support and relief of the Director, Global Parts Strategic Pricing. In addition, you will participate in challenging real-world projects which directly help drive business results at our global organization. Our rich beliefs in innovation and continuous improvement, paired with the diverse and creative mindsets of our team members to the development of our best-in-class products, positively impacting the lives of people all around the world. We are committed to your personal and professional development and are proud to encourage your growth into our leaders of tomorrow.


Your key responsibilities:

  • Provide expertise in mathematical modeling, statistics or other quantitative techniques that translate complex data into actions to help drive strategic direction of company pricing and promotional discounting by designing new pricing programs and monitoring their effectiveness with the goal of continuous improvement in price realization.
  • Assess competitor price positions and price strategy, draw similarities and differences with company strategy and makes recommendations as needed.
  • Closely collaborate with Sales, Finance and the Commercial team as needed in designing and implementing customer pricing models to maximize revenue effectiveness.
  • Support the Roll-Out and maintenance of the new pricing tool Syncron as well as the creation of new pricing logic within the tool. Help to analyze and configure next phase project requirements from business view and work closely with IT team and the Syncron team to ensure the new system meets business requirements.
  • Work with cross functional teams to support the implementation and execution of proposed processes. This will include creating appropriate training and support materials for end users, developing business rules & monitoring their effectiveness as well as maintenance of the solution tools.
  • Assist in developing executive level presentations related to overall pricing strategy, execution of pricing optimization project, and pricing program effectiveness.

 

Your key skills:

  • Finishing a Bachelor’s degree in Economics, Finance, Mathematics, Data Analytics, Statistics or a related discipline.
  • Starting or finishing a MBA or other advanced degree would be an advantage.
  • Advanced level in MS Excel with strong mathematical and analytic skills.
  • Attention to detail and accuracy and strong documentation skills.
  • Keen in working with numbers and data.
  • Learns quickly when facing new problems, open to change, demonstrate flexibility and adaptability.
  • Excellent written and spoken English.

 

Preferred Qualifications:

  • Experience with a Business to Business or Business to Customer Price Optimization software solution.
  • Ability to effectively gather and present information at status meetings.
  • Experience in machine learning, dashboarding and Simulation Modeling desirable and beneficial.

 

 

Are you interested to join our team? We are looking forward to receiving your application.