Pricing Analyst Resume: Examples, Template, and Resume Tips
Not everyone understands what pricing analysts do and why they are so important, but for companies that hire them, they are essential.
The role of a pricing analyst is to come up with a pricing structure for a company’s products. This is very important because price has a very huge impact on different aspects of a business. Price affects things such as sales, new customer acquisition, client retention, and ultimately, profits.
Whenever a company sets their prices, they are making a bet. If they make the right bet, they will attract new clients and retain existing clients, boost sales, and make good profits. If they make the wrong bet, the opposite will happen – low sales, lost clients, and losses. This is why getting the pricing right is so important, and that’s where a pricing analyst comes in.
As a pricing analyst, your job will involve scrutinizing industry standards and the pricing strategies of your company’s competitors. Using mathematical analysis, you will track the pricing trends in the industry.
You will also factor in consumer habits which influence how much customers are willing to pay for a product.
From your analysis, you then generate reports that the management are going to use as a basis for setting the company’s pricing strategies.
Pricing analysis is a very versatile career. As a pricing analyst, you can work almost anywhere, including in construction companies, food and beverage companies, financial institutions such as banks, private healthcare facilities, transport and logistics companies, professional services firms like legal and engineering, pharmaceutical companies, and so on.
The salaries for pricing analysts are quite competitive. According to Business Student, the average annual salary for pricing analysts is $63,937.
This translates to about $33.30 per hour or $5,328 per month. Note, however, this is just the average. The salaries of pricing analysts can go as high as $156,000+, depending on your employer.
Pricing analyst jobs are quite competitive, and if you want to outshine the competition and impress recruiters and employers, you will need a kickass resume.
Just as your job is to ensure that companies get their pricing right, you also need to get your pricing analyst resume right, else you will end up losing out on multiple opportunities even when you are qualified for the job.
In this guide, we are going to teach you everything you need to know about writing a kickass pricing analyst resume. In the guide, you will learn the best format to use for your pricing analyst resume and how to write the different sections of your resume to ensure your brilliance shines through. We will also show you some examples of brilliant pricing analyst resumes.
If you don’t have the time to build your resume from the ground up, or if you feel like building your pricing analyst resume from scratch requires too much effort, you can always use our online resume builder, which automatically generates a professionally designed resume for you within a few minutes.
All you need to do is key in your details and it will handle the rest. You even get a range of resume designs to choose from, so you just pick the template you find suitable for you.
PRICING ANALYST RESUME EXAMPLES
Before we get into how to write a kickass pricing analyst resume, let’s take a look at some examples of brilliant pricing analyst resumes.
This way, as we go through the rest of the guide, it will be clear to you what we are trying to achieve.
Experienced Pricing Analyst Resume Sample
Entry Level Pricing Analyst Resume Sample
BEST FORMAT TO USE ON A PRICING ANALYST RESUME
The format you choose to use on your pricing analyst resume has a huge impact on your chances of getting invited for the job interview.
A format that allows the recruiter to quickly find the information they are looking for will bolster your chances of getting the interview invite, while one that makes it hard for the recruiter to find details about your qualifications and experience might get tossed into the waste bin without even getting read.
The best resume format to use on your pricing analyst resume is the reverse chronological resume format. This resume format gives a well-ordered story of your professional experience and academic qualifications.
A recruiter can tell at a glance where you went to school, the degrees you attained there, the places you have worked, how long you have worked, and so on.
This ability to quickly find information about a candidate is what makes the reverse chronological resume format the most popular format and the most preferred by recruiters.
Despite its strengths, the fact that the reverse chronological resume format gives an ordered story about a candidate can also be a weakness for candidates that have something to hide, such as those with long gaps in their career, or those that have held too many temporary jobs.
Because of this, the reverse chronological resume format works best for those who have had a steady career.
If you have long gaps in your career or held too many temporary jobs, it is best to use the functional resume format to hide such details.
Of course, this information will eventually get out, but it’s better for it to come out during the interview phase, when you can easily explain the gaps in your career, rather than being denied a chance to interview because the recruiter saw some gaps in your career from your resume.
INTRODUCE YOUR PRICING ANALYST RESUME WITH A WELL-WRITTEN PERSONAL INFORMATION SECTION
The first thing you need to do in your resume is to introduce yourself and let the potential employer know how they can reach you, which is why the personal information section needs to come at the top of your pricing analyst resume.
Recruiters are typically short on resume-reading time because they often have a mountain of resumes to go through. If you want your resume to get read, you should make it as simple as possible, and this means avoiding including unnecessary information.
Below is the information you need to include in the personal information section of your resume, as well as what you should leave out.
- Name: The name is important because the recruiter and employer will want to know who they are dealing with. Make sure your name is clearly visible by using a large font, writing it in bold and depending on your resume design, keeping it centered.
- Phone Number: If your resume impresses the recruiter or hiring manager, they will want to contact you. They might want to give you a phone interview before inviting you for the main interview, which is why you need to provide your phone number. It is advisable to provide your cell phone number rather than your home or office number, since the recruiter might call you at any time of the day. In some cases, if the recruiter or person doing the hiring gives you call and their call goes unanswered, they will cross you off their list – that is unless you are a high-priority candidate. You don’t want to take any chances.
- Email address: Use a professional email address consisting your names, such as email@example.com, rather than a gimmicky email address like firstname.lastname@example.org. Avoid using your work email in your resume. It is also advisable to use a modern email provider, such as Gmail. Using outdated email providers like Hotmail and Rocket mail might make you seem like a Luddite who is slow to adopt new technology.
- LinkedIn profile: Nowadays recruiters don’t stop at your resume. They want to know more about you before inviting you for an interview. Providing a link to your LinkedIn profile is a good way to let the recruiter know more about you in a way that will enhance your chances of getting the job. However, make sure that your LinkedIn profile looks professional.
- Portfolio website: Portfolio websites are the in-thing today, particularly for consultants or freelancers. Creating a portfolio website allows you to showcase your wide-ranging experience in all its glory, without the space limitations that come with a resume. If you have a portfolio website, link to it in the personal information section of your resume.
- Photo: A photo is unnecessary, unless the employer has specifically asked you to provide one (which is unlikely). Actually, a photo could get you get discriminated against based on your looks.
- Date of birth: Age discrimination is often an unspoken factor in hiring decisions, so why risk it?
- Others: These pieces of information are also unnecessary: marital status, nationality, place of birth, gender, religion, disability, and so on. Leave them out.
Below is an example of how to write the personal information section of your pricing analyst resume:
SHOULD YOU USE A RESUME SUMMARY OR RESUME OBJECTIVE?
For a pricing analyst who has had quite a bit of experience, we recommend using a summary because it is the best at showcasing your achievements. The resume summary is a brief synopsis up of your career. Just a few sentences are enough.
In the summary, you should capture your experience, skills, and key projects. The challenge comes in identifying what to select from your career. Here’s a pro tip: ensure what you include in the summary matches the position you are applying for. A good resume summary should look like this:
If you don’t have much experience, go for the resume objective instead. Since you don’t have much experience to write about, the resume objective highlights your qualifications, as well as what you want for your career. A resume objective should resemble something like this:
ALLOW YOUR EXPERIENCE TO SHINE THROUGH IN YOUR PRICING ANALYST RESUME
Most employers will go for a candidate who has proven skill at analyzing market trends and competitor pricing and coming up with apt pricing strategies.
They may also prefer candidates who have some experience in their particular industry – for instance, a pharmaceuticals company may prefer a pricing analyst who has worked in the pharmaceutical industry before.
Therefore, if you want to increase your chances of getting the job, you need to show that your experience has prepared you adequately to fit the position you are applying for. For each position you have held previously, highlight the duties, accomplishments, and accolades that are relevant to the industry and position in you are applying for.
For maximum effect, showcase your achievements in quantifiable/measurable terms. Here is an example of a well-phrased achievement: “Boosted company’s profit margin by 18$ within 1 year”.
Below is an example of a well-written professional experience section:
NAILING THE EDUCATION SECTION OF YOUR PRICING ANALYST RESUME
Many employers and recruiters looking for pricing analysts will favor candidates who have at the least a bachelor’s degree. Those who have taken courses in finance, mathematics, accounting, and statistics are the most attractive options.
Having a master’s degree is not a prerequisite for getting a pricing analyst job. However, having an MBA can still be an added advantage.
When showcasing your academic qualifications, mention the name of the school you went to, year of attendance, and your major. Fresh graduates who don’t have much experience can include their GPA, if they have a strong one (3.5 and above). High school information is not relevant, so leave it out.
Here’s what a well-written education section looks like:
HIGHLIGHT YOUR KEY SKILLS TO ENHANCE YOUR PRICING ANALYST RESUME
Since you want to show that you are the best suited candidate for the job, you should also include a skills section to show that you already have the skills required for the job.
This simple section can put you ahead of an equally qualified candidate who doesn’t have this section in their resume.
When writing the skills section of your resume, don’t cram it with all the skills that are required for pricing analyst positions. Instead, include about four to six skills that you are strongest at. Some of the skills you should consider having in your pricing analyst resume include:
- Cost proposals
- Financial statements
- Market research
- Competitive pricing
- Financial modeling
- Variance analysis
- Pricing psychology
- Risk analysis
- Price response estimation
- Marketplace analytics
- Price elasticity analysis
- Customer-centric mentality
- Analytical thinking
- Excellent communication skills, verbal and written
- Business acumen
- Attention to detail
- Aptitude in statistics and math
- Time management
- Team player
- Client liaison
- Human psychology
- Project management
INCLUDE YOUR CERTIFICATIONS TO GIVE YOURSELF AN EDGE
Extra professional certifications are always a plus in a pricing analyst resume. If you have any relevant certifications, list them in the certifications section. Some relevant certifications for pricing analysts include:
- Certified Pricing Professional (CPP)
- Professional Research Certificate (PRC)
Note that as a pricing analyst, you are not legally required to be certified. However, being certified cab give you a competitive advantage over other candidates.
INCLUDE ADDITIONAL SECTIONS TO TRANSFORM YOUR PRICING ANALYST RESUME FROM GREAT TO EXCEPTIONAL
To give yourself an even greater advantage over the competition, bolster up your resume with additional sections that highlight your talent, passion, and potential. Ensure they are all either related to pricing analysis or to the particular job you are applying for.
- Languages – relevant if the job you are applying for needs fluency in a language[s] you happen to be familiar with, for instance, if the job is in a foreign country.
- Relevant awards
- Articles in business publications
- Conferences and conventions you have attended, particularly ones relevant to the position you are applying for.
- Relevant volunteer experience
- Relevant professional memberships
Getting hired as a pricing analyst is a matter of demonstrating that you have the relevant qualifications and experience for the position in question.
A good rule of thumb is to make sure that the contents of your pricing analyst resume match the language and requirements in the job listing.
For instance, if the job requirements say that they need someone who has at least 4 years’ experience, don’t forget to mention your years of experience in your resume summary. If the job requirements want someone with specific skills, include them in your resume – provided you actually possess these skills. Resist the temptation to lie in your resume.
If you carefully apply the guidelines we have curated for you in this guide, you will be able to craft a pricing analyst resume that will showcase your brilliance and significantly increase your chances of getting the job.
If doing everything from scratch sounds like too much of a hassle, don’t forget that you can use our resume builder to automatically generate a kickass pricing analyst resume. We wish you all the best in your job search.
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