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Services Pricing Sr Analyst

Lowe's

Services Pricing Sr Analyst

Lowe's

Mooresville, NC (SSC) 1999

·

On-site

·

Full-time

·

3d ago

Do your Best Work in Mooresville

This position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up – we invest in you so you can find your inspiration.

Your Impact

  • The primary purpose of the Senior Analyst
  • Services Pricing is to lead efforts for collecting, analyzing and grouping installed labor pricing to ensure pricing is competitive and aligns with the Lowe's Services strategy. This includes responsibility for analyzing the potential impact of price changes and driving recommendations on what changes should be made. This role is critical to Lowe's to maintain a strong competitive edge in installation services while ensuring a positive customer experience and protecting profit margins.

What You Will Do:

  • Researches, analyzes, develops, and recommends pricing strategies based on both geographical and different market conditions of the stores and historical and forward looking consumer and market data to ensure Lowe's can attract and retain the labor they need, as well as maintain the profitability model and drive sales

  • Defines new pricing constructs and methodology to enable selling of new types of projects and/or improve provider/customer experiences

  • Acts as the primary owner of labor cost reviews and field pricing requests to include research, analysis and resolution

  • Analyzes and approves recommendations on field requests for labor price changes

  • Gains consensus among different stakeholders in order to implements new price strategies

  • Improves processes in which pricing information is gathered, synthesized, analyzed and implemented

  • Gathers external and field-based intelligence to set benchmarks for market conditions and set up the labor rate

  • Creates and utilizes multiple databases to conduct data modeling in order to provide data driven pricing recommendations

  • Develops Pricing Reporting; tracks financial impact of price changes and share findings

  • Executes pricing changes through the labor price management system and effectively communicates pricing changes to the field

Minimum Qualifications

  • Bachelor’s degree or equivalent years of experience in lieu of education requirement, if applicable

  • 3 Years of Experience in a financial or quantitative analysis position in which analytical skills were regularly used to interpret financial information and draw conclusions, provide financial insight into business issues, provide actionable recommendations and present complex financial information to senior management

  • 2 Years of Experience in retail operations

Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.

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About Lowe's

Lowe's

Lowe's

Public

Specializing in home improvement.

10,001+

Employees

Mooresville

Headquarters

Reviews

3.4

4 reviews

Work Life Balance

2.0

Compensation

1.5

Culture

2.5

Career

1.8

Management

1.5

15%

Recommend to a Friend

Pros

Work environment can be enjoyable

The actual work itself

Basic employment opportunity

Cons

Very low wages and poor salary growth

Benefits being stripped away or eliminated

Poor management and leadership

Salary Ranges

19 data points

Mid/L4

Senior/L5

Director

Mid/L4 · Data Engineer

3 reports

$137,471

total / year

Base

$105,747

Stock

-

Bonus

-

$137,471

$137,471

Interview Experience

52 interviews

Difficulty

4.1

/ 5

Duration

21-35 weeks

Offer Rate

23%

Experience

Positive 68%

Neutral 16%

Negative 16%

Interview Process

1

Recruiter Screen

2

ML Coding

3

ML System Design

4

Research Discussion

5

Team Interviews

Common Questions

ML fundamentals

Design an ML system

Research paper discussion

Statistical concepts