Division Strategic Pricing Manager
Group Fluid Connector Grp N. America
Division Quick Coupling QCD
Location USA MINNEAPOLIS MN QUICK COUPL
Job Family Marketing
Job Type Regular
Posted Mar 5 2026
Job ID 63611
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Job Description
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Our Quick Coupling Division is looking for a Strategic Pricing Manager. This position will be responsible for collecting, analyzing, and evaluating data on products, costs, and markets to support development and presentation of appropriate price and bid strategy. Will monitor and optimize pricing strategy through process control and variance analysis. This position reports to the Division Marketing Manager and will be responsible for the supervision of Quote Specialists. This position will have interaction with division staff, pricing managers, sales staff, and the corporate pricing team.
What Is a Quick Coupling Parker Hannifin is a Fortune 250 global leader in motion and control technologies and systems with $19.9B in revenue in 2025. Parkers Quick Coupling Division is the largest manufacturer of quick couplings in the world. A quick coupling is used to provide a fast make-or-break connection of fluid or gas transfer lines. Our plants provide critical equipment for many different industries, including Agriculture, Construction, and Data Processing.
Develops list price and quotation price analysis. Creates list prices in conformance to company practices of competitive alignment. Quotes new business opportunities. Develops and defines appropriate price guidelines and bid strategy for Division. Develops effective segmentation strategy and variance-based analysis to define floor and ceiling price points. Establishes and manages adherence to guidelines and delegation of pricing authority. Defines and manages approval process through regular reviews of price variance charts and metrics.
Leads effective price reviews on large opportunities with cross-functional divisional staff teams. Assists in new business close strategy. Performs annual review of all quotes as part of renewal process. Modifies prices to eliminate excessive discounting. Provides management with monthly metrics on the Pricing Team Improvement Board, including win-loss tracking, quote variance to guidelines, sell price trends, speed to quote, etc. Maintains product knowledge and regularly monitors industry pricing practices, particularly for major competitors and distributors. Understands current economic conditions and financial implications for division. Understands value position of products against competition, competing alternatives, and internal product offering.
Determines appropriate list prices and discounts based on analysis of market climate and competition, product life cycle, and division versioning strategy. Develops appropriate discount strategy based on analysis of market climate and competition. Stays informed in on product life cycle and versioning strategy of Divisions.
Works with engineering team in defining customer economic value proposition. Effectively models value proposition segments to define pricing strategy on new product and new service launches. Documents customer ROI and payback and assists in development of sales communication of new product and service price strategy.
The essential functions have been provided as an example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.
Requirements
Bachelors degree in Business, Finance, Economics, Marketing, Data Analytics, or other related fields 2-3 years pricing or commercial product management experience Advanced degree or certification preferred Strong analytical and quantitative skills Excellent PC skills with proficiency with Microsoft Excel and Access Negotiation skills and commercial judgement Knowledge of sales process Excellent verbal and written communication skills Project management skills with sales and marketing experience Willing and capable of facilitating change in organization General understanding of financial and cost accounting practices Must be able to maintain customer confidence and protect operations by keeping pricing information confidential
Competitive Compensation Pay Range: $105,700 to $185,000 annually Participation in Annual Incentive Program Benefit & Retirement Plans Parker offers competitive benefit programs, including: Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary, optional life, accident, insurance, hospital indemnity, and critical illness insurance with competitive premium cost. 401k Plan with company matching contributions at 100% of the first 5% of pay. Company-provided defined-contribution retirement plan with annual contribution equal to 3% of pay. Career development and tuition reimbursement. Other benefits, including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership, and financial planning assistance, are provided at no cost to you. Supplemental benefit programs, including identity protection, legal protection, and pet wellness, are available at competitive rates. Paid Time Off and Company-Paid Holidays.
Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons, regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency, or other appropriate status is required for certain positions in accordance with U.S. import & export regulations.
Minority, Female, Disability, Veteran, VEVRAA Federal Contractor
If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission.
Drug-Free Workplace In accordance with Parkers policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.