Pricing Manager

At Trane TechnologiesTM and through our businesses including Trane and Thermo King, we create innovative climate solutions for buildings, homes, and transportation that challenge what's possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.

What's in it for you:

Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient environments, it's our responsibility to put the planet first. For us at Trane Technologies, sustainability is not just how we do business-it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us in boldly challenging what's possible for a sustainable world.

As the Pricing Manager, you support our Life Science Solutions business by building and executing price management plans, strategic pricing projects, and periodic price forecasts and reports. Working alongside product management, marketing and sales leadership, you will define prices and conduct analyses to drive margin expansion while helping achieve other strategic priorities for the business. We are seeking a high-energy, results driven pricing and business professional capable of articulating a strategic vision and executing that vision to deliver business results.

Thrive at work and at home:

• Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives - WE DARE TO CARE!

• Family building benefits include fertility coverage and adoption/surrogacy assistance.

• 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.

• Paid time off, including in support of volunteer and parental leave needs.

• Educational and training opportunities through company programs along with tuition assistance and student debt support.

• Learn more about our benefits here!

Where is the work:

This position has been designated as a Hybrid work schedule with work performed onsite 3 days each week.

What you will do:

• Price Strategy. Manage and define list price, distributor price and various net prices for all products and channels across LSS. Identify and incorporate segmentation strategies (product, channel, market, geographical). Assess price elasticity and channel mix as well as COGS inputs of inflation and annual cost accounting changes.

• Price Realization. Identify and implement price management strategies and processes (LOAs, special pricing approval process, etc) alongside sales leadership and product management to achieve annual price goals. Partner with Key Account Sales on contract pricing agreements, providing analytical and scenario planning support.

• Price contract terms and conditions. Establish and support guidelines for sales quotations, contract language, periodic price change timing and boundaries, tie-ins with market indexes, etc. working alongside legal counsel, key account managers, and sales operations.

• Strategic pricing projects and segmentation. Collaborate, prioritize, and drive strategic pricing projects and other margin expansion opportunities with product management and sales leadership. Support sales with contract development and price management with GPO's, distributors, dealers, key accounts, etc.

Don't meet all the requirements listed below? At Trane Technologies, we are dedicated to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't align perfectly with every qualification, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

What we expect of you:

• Bachelor's degree in engineering, Business, Marketing, Finance or Data Science with at least 8+ years of relevant experience. MBA is preferred.

• Ability to work cross-functionally and demonstrate influential and effective partnership. Must build constructive relationships with all kinds of people and functions by listening and using diplomacy and tact.

• Proven track record of delivering results through collaboration with others.

• Effective at problem-solving with advanced analytical and critical thinking skills. Able to communicate complex topics in a simple way to senior leaders and cross functional team members.

• Self-starter, data-driven and capable of managing several projects at a time.

Compensation:

Base Pay Range: $130,000-$170,000 inclusive of base plus incentive

Total compensation for this role will include a commission/incentive plan. Disclaimer: This base pay range is based on US national averages. Actual base pay could be a result of seniority, merit, geographic location where the work is performed.

Equal Employment Opportunity:

We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.