Strategic Pricing Manager

Posted:
7/29/2024, 5:00:00 PM

Location(s):
Melbourne, Victoria, Australia ⋅ Victoria, Australia

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy

Workplace Type:
Hybrid

Thomson Reuters are seeking a highly skilled and dynamic Strategic Pricing Manager to join our team. In this pivotal role, you will be responsible for developing and implementing innovative pricing strategies that drive profitability and market share.

You will leverage your analytical expertise and deep understanding of market dynamics to optimize our pricing models, ensuring competitive positioning and revenue growth. As a key member of our organization, you will collaborate with cross-functional teams, providing strategic insights and recommendations to support our business objectives. This role will be based in Sydney.

About the Role

In this opportunity as Strategic Pricing Manager, you will:

  • Enable delivery of price, retention and gross sales targets through the development and implementation of strategic price and packaging recommendations

  • Engage closely with cross-functional teams to source, validate and analyze market information and trends, customer data (including spend, cancellation and utilization information), as well as insight on competitor pricing and propositions

  • Directly engage with customers and prospects to capture and validate insight including feedback on proposed price and packaging initiatives

  • Undertake modelling to inform recommendations leveraging the TR’s Pricing Centre of Excellence and the broader expertise of Finance, Commercial Excellence and Proposition functions

  • Review discounting policy and practices and incorporate into pricing recommendations

  • Secure stakeholder approval to price and packaging proposals

  • Work closely with go to market and enabling functions (including as part of formal operational readiness programs) to prepare and oversee the implementation of new price and packaging through pilot and full deployment phases

  • Working with colleagues in Proposition, ensure Go to Market and enablement teams are able to effectively articulate and justify pricing and packing to clients

  • Track and respond in an agile fashion to key performance indicators

About You

You’re a fit for the role of Strategic Pricing Manager, if your background includes:

  • A minimum of 10+ years’ work-related experience in a similar role, preferably in a high technology related field

  • Practical experience in developing and implementing growth orientated price and packaging strategies in the B2B market

  • Qualification in marketing, information technology or business

  • Be self-sufficient and a self-starter, while also being able to work well in a diverse team environment

  • Strong multitasking and time management abilities

  • Analytical skills aligned with pricing strategies

#LI-LK1

What's in it For You?


You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

  • Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected

  • Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing.

  • Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.

  • Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking.

  • Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact.

  • Purpose Driven Work: We have a superpower that we’ve never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.


Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward. 

Accessibility 

As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.

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More information about Thomson Reuters can be found on https://thomsonreuters.com.