Entry Level Pricing Analyst

Career Area:

Sales

Job Description:

When you join Caterpillar, you are joining a global team that cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don’t just talk about progress and innovation here – we make it happen, with our customers, where we work and live.

Together, we are building a better world, so we can all enjoy living in it.

About The Role

As a Pricing Analyst, you will provide revenue support for Caterpillar products (machines, engines, replacement parts, or related products) and complete related special projects as assigned. Your work includes performing product price reviews (internal and external), reviewing product profitability, maintaining price lists, analyzing the transaction price level for both Caterpillar and competitive machines, and administering or evaluating special pricing assessments.

• Critical team member in organizations that handle all aspects of pricing for Caterpillar Machines, Energy & Transportation (Engines), and Parts & Services.
• Collaborate with product, sales, marketing, accounting, and supply chain teams to drive value‑based pricing strategies.
• Work with cross‑functional teams to advance Caterpillar’s digital pricing capabilities, including simplifying and standardizing processes, improving data and systems, and utilizing descriptive and predictive analytics to drive business insights and continuous improvement.
• Provide guidance for the execution of dynamic and differentiated pricing strategies.
• Analyze, interpret, and communicate a wide variety of data, including economic and competitive environment, revenue and profitability metrics, and historical/forecasted sales, prices, discounts, and price realization.
• Develop pricing strategies for new and existing products and services to help business segments maximize revenue and profitability.
• Execute strategic and tactical price action within a robust pricing governance framework.

• Bachelor’s or master’s degree at 4‑year accredited university/college in Business Administration, Finance, Economics, Statistics, Accounting, or related fields.
• Minimum 3.0/4.0 cumulative GPA.
• Candidates must obtain their degree before they start.

• This position requires 12 months or less of professional experience in this field (excluding internships).

• Customer Focus: Knowledge of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and ability to leverage that information in creating customized customer solutions.
• Data Gathering & Analysis: Knowledge of data gathering and analysis tools, techniques, and processes; ability to collect and synthesize data from a variety of stakeholders and sources in an objective manner to reach a conclusion, goal, or judgment.
• Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
• Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.
• Effective Communications: Understanding effective communication concepts, tools, and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world. Here you earn more than just a salary because we value your performance.

• Caterpillar offers a total rewards package that provides benefits on day one (medical, dental, vision, RX, and 401K) along with the potential of an annual bonus.
• Additional benefits include paid vacation days and paid holidays (prorated based upon hire date).

• Location:
  
  Peoria, IL
• Domestic relocation is available for those who qualify.
• Pro…