Manager, Advanced Pricing Strategy, Genesis
Fountain Valley, CA, US, 92708
At Hyundai, we’ve rethought our business and created cars that combine performance, quality, design and innovation into a complete package.
It’s time you rethink what you expect from an employer.
At Hyundai, we understand you're not just building a career – you're building a life. We believe in our people and realize that our success is a direct result of our commitment in offering you great opportunities for your career. If you would enjoy working in a dynamic environment and are looking for a chance to become part of a stellar team of professionals, we invite you to apply online today.
WORK MODEL
WHAT YOU WILL DO
The Manager, Advanced Pricing Strategy for Genesis supports the creation and implementation of the future model pricing strategy while managing the development of recommendations of Genesis future lineup. This role conducts competitive analysis/benchmarking to help define future pricing recommendations, and works closely with cross-functional teams across Product Planning, Sales, and Genesis Global HQ.
HOW YOU WILL MAKE AN IMPACT
- Manage the overall development of vehicle pricing proposals for select future Genesis models.
- Analyze each Genesis model’s competitive environment and create insightful pricing recommendations.
- Create price recommendations targeting new ‘whitespace’ for potential future models, identifying optimal position to achieve image, volume, and profit aspirations.
- Support the pricing leadership team regarding competitive landscape for the mainstream market.
- Collaborate with Genesis Global Headquarters, North American Product Planning and Finance divisions, as well as U.S. Sales division to understand vehicle package plans, financial goals, and sales objectives for select Genesis models. Incorporate understanding into pricing recommendations.
- Measure Genesis pricing performance and position relative to each model’s competitive set.
- Analyze and track current market trends as they relate to vehicle MSRP and transaction price for assigned vehicles. Maintain databases of vehicle pricing to support the development of the pricing business case.
- Support, through analysis, the negotiation of feature/component value discussions for Genesis. Pulling competitive benchmarks, install rates and syndicated customer research.
- Manage pricing related consulting engagements, to develop and support the overall Genesis pricing strategy.
- Analyze and provide recommendation for ad-hoc pricing strategy-related requests
- Pricing has the authority to access all relevant HMNA cost, product spec, and plans to effectively develop pricing recommendations for executive approval. Additionally, Pricing is authorized to recommend pricing levels based on supporting analysis of forecasted volume levels, competitive practice, planned incentive spend, margin and revenue requirements, sales efficiency, etc.
- Collectively, this authority has a direct impact on company/dealer profitability and sales effectiveness.
WHAT YOU WILL BRING TO THE ROLE
- Bachelor’s degree preferred.
- Master’s degree a plus.
- Six or more years of experience, with at least 4 years directly related to quantitative and competitive analyses.
- Automotive OEM experience preferred.
- Experience pricing consumer products preferred.
- Self-starter, ability to navigate an ambiguous product environment to define future model positioning within current product whitespace.
- Possess an analytical mindset with knowledge of analytical trends, competitive analysis, benchmarking, and an understanding of pricing strategy.
- Ability to explain complex issues and assess the impact of pricing-based decisions on each Genesis model in relation to the overall lineup and competitive marketplace.
- Strong quantitative analytical skills, with advanced knowledge of MS Excel and PowerPoint.
WHAT HYUNDAI CAN OFFER YOU
- Compensation Range: $86,800 - $124,000 annual base salary
- Monthly Hyundai/Genesis vehicle lease allowance (including insurance and maintenance)
- Holiday Pay - the company shuts down with pay between Christmas and New Years.
- Vacation and sick time off
- Healthcare insurance (medical, dental, and vision)
- 401(K) company match
- Additional 401(K) Employer Enhanced Contribution program – eligible after 1 year of employment, in addition to the regular employer matching contribution
- Basic life insurance, short- and long-term disability
- Mental health, wellbeing, and employee assistance program
- Health advocate (coordinate care and services, assistance with claim and billing issues, understanding Hyundai benefits)
WHAT HAPPENS NEXT
Express your interest by submitting an application. Once your application is received, our recruiting team will review your application to see if you meet the basic and preferred qualifications listed on the job description. For more information on our hiring process please visit our How We Hire page.
OTHER DETAILS
- Physical requirements: Normal office duties.
- Travel requirements: Travel 5-10%
Our Company adheres to the equal employment opportunity guidelines set forth by federal, state and local laws. The information requested on this form is sought in good faith and will not be used to discriminate against the applicant based on race, religion or creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic characteristics, marital status, sex or gender (which includes pregnancy, childbirth, or related circumstances), gender identity, gender expression, age, citizenship, sexual orientation, family care or medical leave status, military and veteran status, political affiliation, or any other characteristic protected by federal, state and local laws.
Nearest Major Market: Orange County
Nearest Secondary Market: Los Angeles
