Pricing Specialist
Job Description Summary
Are you an experienced life sciences pricing strategist known for your strong business acumen, and commitment to staying at the forefront of advanced technology (Artificial Intelligence (AI), Data Engineering and Machine Learning)? If you are passionate about leveraging your background in the life sciences sector, and using these cutting-edge technologies to optimize pricing strategies, this role could be for you!We are looking for a Pricing Specialist who will assist in strategically and consistently reviewing our existing products. In this role, you will ensure strict adherence to our pricing policy, while consulting key stakeholders for both new and existing products. You will work across a highly cross-functional and collaborative team made up of our Pricing, Product Management, Marketing, R&D, and Sales teams.
Job Description
Duties and Responsibilities:
Participate as a key member of the new product introduction (NPI) team and the new product pricing process, while owning pricing tasks and ensuring accurate data preparation and analysis to support decision making
Collaborate with Product Management, R&D, and Sales to conduct economic value analysis, competitive analysis, and cost/volume analysis to develop price recommendations for existing and new products
Present strategic pricing recommendations for executive decision making
Collaborate with Marketing and Sales management to develop promotional programs that impact pricing
Collaborate with Finance to manage fair market value pricing for royalty payments
Ensure pricing documents like SOPs, policy manuals, and process maps are up to date and communicated and made available to all the appropriate stakeholders
Knowledge and Qualifications:
Advanced degree (Masters) in Life Sciences or Biology sector alongside a minimum of 3-4 years of relevant experience in pricing, marketing or product management
Very strong analytical and presentation skills, including advanced knowledge of Data Processing, Analysis, and Presentation applications with proven business acumen, analytics and problem solving skills
Proven ability to work in a fast-paced, collaborative environment, requiring significant cross-functional coordination and teamwork
Working knowledge of AI/ML applications in pricing and ability to collaborate with technical teams to leverage predictive and optimization models for business decision-making- Cross Functional Communications
#LI-KL1#United
STEMCELL Technologies is a privately owned, Vancouver-based biotechnology company that helps power leading-edge life science research around the world. Driven by our love of science and passion for quality, we are a company of Scientists Helping Scientists—standing by our customers to provide the outstanding products, technical support, and training they need to advance their research. Scientists performing stem cell, immunology, cancer, regenerative medicine, and cellular therapy research are among those who rely on our cell culture media, cell separation products, instruments, accessory products, and services. Through our many regional offices, as well as our distribution centers in Vancouver, Seattle, Grenoble, and Singapore, we deliver our innovative, specialized products to more than 100 countries. With over 1,800 employees globally, most with scientific or engineering degrees, STEMCELL is proud to be the largest biotechnology employer in Canada.
This is an opportunity to work with highly motivated colleagues in a science-oriented, creative, and dynamic environment. We offer a competitive salary, excellent benefits, and meaningful career development opportunities.
STEMCELL is well recognized for exceptional leadership and business practices. We are one of Canada’s Best Managed Companies and operate an ISO 14001-certified environmental management system to measure and reduce our environmental impact.
As an equal opportunity employer, STEMCELL is dedicated to ensuring that every employee feels safe, valued, and respected for who they are. We know that scientific progress and innovation occur when diverse, creative minds come together and we are committed to nurturing a culture of inclusivity and belonging. STEMCELL enforces a zero-tolerance policy for any form of discrimination. Selection decisions are solely based on job-related factors.
The annual base salary for this job ranges from:
$81,700.00 - $122,500.00STEMCELL determines an individual’s pay within the range based on multiple factors including experience, education, job-related skills, and equity within the team or organization. For jobs that are eligible for sales incentives, the range noted above is inclusive of target incentives; actual incentives are based on individual performance results in accordance with company policy. In addition to base salary, STEMCELL offers a comprehensive total rewards package including health benefits, retirement savings, and more.
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