Senior Analyst, Consumer Insights & Analytics – Pricing

Who We Are

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today. At New Balance, We Got Now.

Job Mission

The Senior Analyst, Consumer Insights & Analytics will work closely with multiple business functions to drive data-driven pricing decisions across the go-to-market process at New Balance.

This individual will be an expert on pricing best practices and methodologies, including, but not limited to, conjoint. They will deliver data-driven competitive benchmarking, conduct primary market research, and present actionable recommendations to internal partners. In addition, this individual will be responsible for evaluating new pricing analytics methodologies and technologies to ensure New Balance is at the cutting edge of the field. This work will improve operating efficiencies in the go-to-market process and directly impact revenue and margin.

Major Accountabilities

Execution and Analysis

• Aggregate data from different regional teams and business functions and conduct analyses in a robust and repeatable way
• Conduct extensive competitive landscape analysis by using internal dashboards and third-party retail intelligence tools
• Support ad-hoc pricing related projects as requested
• Conduct analyses to support pricing initiatives for the footwear and apparel categories at a seasonal cadence
• Conduct consumer research, such as Conjoint Analysis, to inform pricing decisions
• Evaluate new technologies and pricing methodologies

Collaboration

• Collaborate with Product Creation, Global and Regional Merchandising, Finance, and Demand Planning teams to gather the necessary pricing data and intel to run analyses
• Translate complex analyses into high-impact recommendations for key stakeholders

Requirements For Success

• Deep understanding of retail pricing strategies, research methodologies and consumer behavior
• Advanced statistical knowledge for analyzing quantitative data
• Undergraduate degree, preferably in Marketing, Statistics, Business Analytics, Economics, or a related field
• 5+ years of professional experience in Consumer Insights and/or Management Consulting with a focus on pricing
• A collaborative mindset and working style
• Experience with pricing platforms such as Sawtooth, Conjoint.ly, Qualtrics, Dynata, etc
• Experience translating consumer insights into actionable business recommendations

Regular Associate Benefits

Our products are only as good as the people we hire, so we make sure to hire the best and treat them accordingly. New Balance offers a comprehensive traditional benefits package including three options for medical insurance as well as dental, vision, life insurance and 401K. We also proudly offer a slate of more nontraditional perks – opportunities like online learning and development courses, tuition reimbursement, $100 monthly student loan support and various mentorship programs – that encourage our associates to grow personally as they develop professionally. You’ll also enjoy a yearly $1,000 lifestyle reimbursement, 4 weeks of vacations, 12 holidays and generous parental leave, because work-life balance is more than just a buzzword – it’s part of our culture.

Temporary associates are provided three options for medical insurance as well as dental and vision insurance and an associate discount.

Part time associates are provided 401k, short term disability, a yearly $300 lifestyle reimbursement and an associate discount.

Flexible Work Schedule

For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our North American hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while maintaining flexibility for associates. New Balance Associates currently work in office three days per week (Tuesday, Wednesday, and Thursday). Our offices are fully open, and amenities are available across our North American office locations. To continue our focus on hybrid work we have introduced “Work from Anywhere” (WFA) for four weeks per calendar year. This model will help us enhance our culture while continuing to maintain elements of flexibility.

Equal Opportunity Employer

New Balance provides equal opportunities for all current and prospective associates and takes affirmative action to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran.