Pricing Analyst Internship

job
  • Lowe's
Job Summary
Location
Mooresville ,NC 28115
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
10 Dec 2024
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Job Description

Lowe’s Summer Internship Program OverviewnnLowe's 2025 Summer Internship Program offers a challenging, project-based opportunity for undergraduate and graduate students to enhance their understanding of the retail business world through valuable, hands-on experience with a FORTUNE® 50 company. The internship will provide broad learning, experience, organizational knowledge, and business acumen. We are looking for:nnStudents driven by potentialnnDynamic individuals who are as inspiring as they are capable of being inspirednnSharp minds eager to take on new challenges and able to recognize and embrace new opportunitiesnnGreat collaborators who understand the power of "we"nnPeople who push the boundaries of what's possiblennThe summer internship program begins with orientation on May 27th and concludes on August 1st. All internships are paid opportunities. This role has potential for conversion into a full-time Pricing Analyst role for those that successfully complete their internship and required education. And qualified interns will be eligible for Lowe's housing benefit.nnThe primary purpose of the Lowe’s Pricing team to provide pricing support & subject matter expertise for all product categories within their assigned business area. This team act as strategic partners to the merchants assisting in enabling profitable sales growth while managing day to day pricing activities and strategy implementation across the pricing item lifecycle inclusive of base price, promotional pricing, pro pricing, and markdown/clearance pricing levers.nnThis may include running pricing scenarios, price tests, analysis & recommendations, and running price updates in response to business and competitive needs.nnConducting financial analysis to support pricing in specific businesses and categories, synthesizing multiple disparate data sources to drive pricing recommendations.nnMonitoring and responding to competitive movements and financial trends to ensure consistency with broader pricing strategies and guardrails.nnGenerating ad hoc reporting and analyzing data to identify pricing opportunities in specific businesses or categories.nnBase Price Project intended to focus on Omnichannel /online pricing process as we are evolving our e-commerce base pricing ways of working.nnSkills to be developed during the internship:nnLeveraging data to provide fact-based pricing recommendations to the business.nnPricing Strategy analysis and recommendation process for an omni retail business.nnData mining and data visualization methods for pricing recommendations.nnOmni pricing data foundations, leveraging data to unlock business value.nnPro Pricing Project the intern will assist the Pro Pricing team by developing analytics tools intended to optimize price setting. The work will unlock value for our Pro customers and as a result deliver meaningful financial results for the business.nnThis individual will be expected to develop and maintain relationships with key internal stakeholders across the organization to better understand their needs and identify areas of opportunity to deliver the best possible level of service and results to their respective partners.nnThe individual will leverage available pricing tools and data to deliver meaningful insights and recommendations that support the Pro Pricing team’s sales and margin objectives.nnThe intern will learn the details of the Pro segment within Home Improvement retail as well as the relationships between several unique pricing programs and be able to communicate program parameters clearly.nnEducation and/or Experience:nnCurrently pursuing a Bachelor’s degree in Finance, Business Administration, or related fields from an accredited university with expected graduation dates of December 2025 or May 2026.nnMinimum 3.0 cumulative GPA is required.nnProficient in MS Office Programs (specifically Word, Excel, and Power Point) and other analytics programs/systems.nnStrong collaborative, innovative, analytical thinking, problem solving, organizational, and communication skills are required.nnRelevant internship and experience is a plus, as is experience in a leadership position at work or within a campus organization.nnAbout Lowe’snnLowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com .nnLowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.nnStarting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit

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