The
Digital Pricing Analyst reports into the revenue optimization organization and actively plays a key role in strategic and tactical pricing decisions for digital channels and/or for assigned regions/corridors. Partners with sales, marketing, and data teams to help determine a course of action that will strengthen MoneyGram's customer proposition in digital channels. Works on automating pricing processes and reporting dashboards; provides reporting and analytical insight leading to business recommendations.
Primary Responsibilities
- Manage pricing for MoneyGram online channel in select markets.
- Develop and maintain pricing strategy for online channel. Work with marketing, sales and finance teams to build pricing strategy that focuses on revenue growth and maximizes profitability.
- Focuses on driving revenue growth initiatives by utilizing techniques to measure customer price sensitivity, predict customer behavior & churn and optimize prices to achieve business, financial and customer relationship objectives.
- Complete market research and competitor analysis using digital tools to help identify trends. Actively manage corridors and ensure competitiveness and take accountability on the pricing landscape changes, competitor movements, market rate volatility and business performance.
- Produce analytical reports of the portfolio performance, track the declining performance trends, evaluate affecting factors, and recommend remedial actions.
- Build a performance measurement scorecard to track the performance of price changes.
- Works together with Data, Product, Sales, and Marketing to identify opportunities. Participates in planning and forecast cycles to drive improved accuracy of revenue planning. Focus on continuous improvement by staying up to date on business trends, pricing best practices.
Skills Required
- Strategic thinker. Ability to develop long term pricing strategies.
- Structure problem solving skills. Possess the ability to work independently and brings a disciplined approach to problem-solving process.
- Analytical. Strong ability to analyze data and derive actionable insights.
- Data driven. Individual should possess a strong analytical skillset with proficiency in data analysis and digital tools (such as Excel, SQL, and data visualization tools like Tableau, Looker or others).
- Market knowledge in depth knowledge of online money transfer.
- Good communication and presentations skills, being able to share and clearly explain business insight, findings, and judgement.
Education And Experience
- Requires a bachelor's degree in business, finance, or a related field.
- 3-5 years of experience in a similar role, ideally in pricing and analytics within payments industry.
- Strong understanding of pricing Strategy with experience in online pricing is required.
Primary Location
United Arab Emirates-AE-Dubai-Dubai
Work Locations
AE_Corp_Dubai_8 West Wing
Job
Financial Planning & Analysis
Organization
Sales
Full-time
Job Posting
Jul 3, 2024, 2:54:35 AM
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