Career

Planning and Analysis

 
Planning and Analysis Careers | Pricing Analyst

Pricing Analyst

What Does a Professional in this Career Do?

Researches and recommends prices for company products or services. Analyzes company costs, industry pricing trends and prices at competitor companies. Develops strategies for pricing to improve sales.

Job Outlook

There were 248 Pricing Analyst job postings in North Carolina in the past year and 7310 in the United States.

In combination with other careers in the Pricing Analyst industry, which includes the Pricing Analyst career, the following graph shows the number of people employed for each year since 2012:

Salary

Many new Pricing Analyst jobs have salaries estimated to be in the following ranges, based on the requirements and responsibilities listed in job postings from the past year.

National

The average estimated salary in the United States for this career, based on job postings in the past year, is $66,330.

State

The average estimated salary in North Carolina for this career, based on job postings in the past year, is $67,712.

Percentiles represent the percentage that is lower than the value. For example, 25% of estimated salaries for Pricing Analyst postings in the United States in the past year were lower than $56,505.

Education and Experience

Posted Pricing Analyst jobs typically require the following level of education. The numbers below are based on job postings in the United States from the past year. Not all job postings list education requirements.

Education LevelPercentage
Associate's Degree0%
Bachelor's Degree81%
Master's Degree19%
Doctoral Degree0%
Other0%

Posted Pricing Analyst jobs typically require the following number of years of experience. The numbers below are based on job postings in the United States from the past year. Not all job postings list experience requirements.

Years of ExperiencePercentage
0 to 2 years42%
3 to 5 years49%
6 to 8 years7%
9+ years3%

Skills

Below are listings of the most common general and specialized skills Pricing Analyst positions expect applicants to have as well as the most common skills that distinguish individuals from their peers. The percentage of job postings that specifically mention each skill is also listed.

Baseline Skills

A skill that is required across a broad range of occupations, including this one.

  • Microsoft Excel (69%)
  • Communication Skills (52%)
  • Detail-Oriented (31%)
  • Microsoft Office (30%)
  • Teamwork / Collaboration (29%)

Defining Skills

A core skill for this occupation, it occurs frequently in job postings.

  • Pricing (100%)
  • Pricing Analysis (79%)
  • Pricing Strategy (44%)
  • Product and Equipment Pricing Information (27%)
  • Financial Analysis (14%)

Necessary Skills

A skill that is requested frequently in this occupation but isn’t specific to it.

  • Economics (20%)
  • SQL (18%)
  • Request for Proposal (RFP) (16%)
  • Data Analysis (13%)
  • Customer Service (13%)

Distinguishing Skills

A skill that may distinguish a subset of the occupation.

  • Costing (6%)
  • Financial Modeling (6%)
  • Competitive Analysis (5%)
  • Cost Accounting (5%)
  • Visual Basic for Applications (VBA) (4%)

Salary Boosting Skills

A professional who wishes to excel in this career path may consider developing the following highly valued skills. The percentage of job postings that specifically mention each skill is listed along with the marginal value: the average salary difference between postings that request that skill and those that do not.

  • Financial Modeling (6%) – marginal value $2,560

Alternative Job Titles

Sometimes employers post jobs with Pricing Analyst skills but a different job title. Some common alternative job titles include:

  • Senior Pricing Analyst
  • Pricing Specialist
  • Pricing Analyst I
  • Junior Pricing Analyst

Similar Occupations

If you are interested in exploring occupations with similar skills, you may want to research the following job titles. Note that we only list occupations that have at least one corresponding NC State Online and Distance Education program.

Common Employers

Here are the employers that have posted the most Pricing Analyst jobs in the past year along with how many they have posted.

United States

  • Northrop Grumman (76)
  • The Hartford Financial Group (57)
  • Peraton Corporation (57)
  • Anthem Blue Cross (55)
  • Hy-Vee (53)

North Carolina

  • Lowe's Companies, Inc (18)
  • XPO Logistics (15)
  • National General Insurance (9)
  • Volvo (7)
  • Cisco Systems Incorporated (6)

NC State Programs Relevant to this Career

If you are interested in preparing for a career in this field, the following NC State Online and Distance Education programs offer a great place to start!