Pricing Specialist
Finance, Banking & Legal · Banking & Investments · Financial Analysis · Risk Management
In short
ABB is seeking a Pricing Specialist to create and manage competitive bids, estimations, and quotations, ensuring market competitiveness and customer satisfaction. This hybrid role contributes to the Electrification division in the United States and requires a Bachelor's Degree in STEM with significant industry experience and strong analytical skills.
Responsibilities
- Create and complete bids, estimations, and quotations based on customer specifications and requirements.
- Achieve market competitiveness within margins guidelines for the company.
- Maintain and improve the balance between all ABB units and customers.
- Ensure a positive customer experience throughout the process.
- Formulate competitive bids, estimates, and quotations by considering the best available product mix and appropriate technical and commercial aspects.
- Ensure tenders are well-documented in a timely manner and with an appropriate level of detail, including full and accurate costs.
- Manage the planning and preparation of technical, financial, and project management aspects of the bid, estimate, and quotation, indicating prices and trading conditions.
- Ensure that inputs for editing activities related to bid, estimate, and quotation preparation are provided in a timely manner and in accordance with established quality procedures.
- Manage the collection and archival of documentation regarding the order/quoting and recording of assumptions and decisions made during development.
Requirements
- Bachelor's Degree in STEM with 5+ years’ experience strongly preferred or 10+ years’ experience supporting Utility Electrical Industry in a technical, product marketing, or an industry supporting role.
- Ability to understand extensive product portfolio and how it applies/relates to the market, providing value-added pricing.
- Sound knowledge of and extensive experience in Utility and Electrical Industry; specific ELIP Utility products and ABB preferred.
- Strong analysis, interpersonal, and problem-solving skills.
- Excellent written, verbal communication skills primarily in English.
- Demonstrated ability to work in a fast-paced environment and manage assigned workload.
- A collaborative, solution-focused approach, with strong communication and relationship-building skills.
- Ability to work effectively as part of a team, collaborating with colleagues to achieve common goals and objectives.
- Proven ability to manage multiple priorities, meet strict deadlines, and maintain performance in a dynamic, fast-paced environment.
- Strong analytical capabilities with demonstrated ability to break down market data into strategic price offering.
- Proficiency in MS Excel.
- Always maintain and present in a professional and respectful manner.
- Willingness to travel, 5-10%, more initially for training and to support activities that representing PL and MGN growth as needed.
- Candidate must already have a work authorization that would permit them to work for ABB in the United States.
Desired Qualifications
- Understanding of how the extensive product portfolio applies/relates to the market, providing value-added pricing.
- Familiarity with specific ELIP Utility products and ABB is preferred.
Benefits
- Choice between two medical plan options: A PPO plan called the Copay Plan OR a High Deductible Health Plan (with a Health Savings Account) called the High Deductible Plan.
- Choice between two dental plan options: Core and Core Plus.
- Vision benefit.
- Company paid life insurance (2X base pay).
- Company paid AD&D (1X base pay).
- Voluntary life and AD&D – 100% employee paid up to maximums.
- Short Term Disability – up to 26 weeks – Company paid.
- Long Term Disability – 60% of pay – Company paid. Ability to “buy-up” to 66 2/3% of pay.
- Supplemental benefits – 100% employee paid (Accident insurance, hospital indemnity, critical illness, pet insurance).
- Parental Leave – up to 6 weeks.
- Employee Assistance Program.
- Health Advocate support resources for mental/behavioral health, general health navigation and virtual health, and infertility/adoption.
- Employee discount program.
- 401k Savings Plan with Company Contributions.
- Employee Stock Acquisition Plan (ESAP).
- 11 paid holidays.
- Salaried exempt positions are provided vacation under a permissive time away policy.
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