Director, Product Pricing - Irvine, United States - Rivian

Description

About Rivian:

Rivian is on a mission to keep the world adventurous forever. This goes for the emissions-free Electric Adventure Vehicles we build, and the curious, courageous souls we seek to attract.

As a company, we constantly challenge whats possible, never simply accepting what has always been done. We reframe old problems, seek new solutions and operate comfortably in areas that are unknown. Our backgrounds are diverse, but our team shares a love of the outdoors and a desire to protect it for future generations.

As a Senior leader on Rivian's Product Management team, you'll oversee the formulation of global consumer product pricing, optional equipment pricing, and volume planning strategies. Your primary focus will be on generating pricing recommendations and forecasting long-term volumes worldwide. You and your team will perform data-driven analyses and competitor assessments to generate pricing and volume insights, aiming to maximize sales while ensuring critical financial targets are met. Collaboration with finance, sales, production demand planning, and international teams is essential to align global pricing and volume forecasts. Your role also entails fostering a collaborative and innovative team environment, staying informed about industry trends, and ensuring that decisions are aligned with broader global business goals. This role is a remote position and reports directly to the VP Product Management.

• Product Pricing of vehicles, options, and volume planning.
  • Own and manage Rivians long-term annual volume and pricing forecasts globally.
• Develop Pricing Strategies:
  • Analyze market dynamics, customer segments, and product positioning to develop pricing strategies that maximize profitability while ensuring competitiveness and value.
• Volume Planning:
  • Forecast product demand and develop volume planning strategies to optimize inventory levels, production schedules, and supply chain efficiency.
• Competitive Analysis:
  • Monitor competitor pricing strategies, market trends, and industry developments to identify opportunities and threats, and adjust pricing strategies accordingly.
• Cross-functional Collaboration:
  • Work closely with sales, marketing, finance, and product development teams to align pricing strategies with overall business objectives, product positioning, and go-to-market.
• Pricing Analytics:
  • Utilize data-driven approaches to conduct pricing analysis, including price elasticity studies, profitability analysis, and scenario modeling to inform pricing decisions.
• Leadership Presentations:
  • Coordinate review and approval of global pricing and volumes throughout commercial organization and the executive leadership team

#LI-Remote

• Bachelor's degree in Business Administration, Economics, Finance, or related field. MBA or advanced degree preferred.
• Proven experience (10+ years) in product pricing analysis, revenue management, or related roles, preferably in the automotive industry
• Strong analytical and quantitative skills with proficiency in pricing analytics, financial modeling, and statistical analysis.
• Demonstrated leadership experience in leading cross-functional teams in a fast-paced environment and driving collaborative decision-making processes.
• Excellent communication and presentation skills with the ability to articulate complex concepts and influence stakeholders at all levels.
• Strategic thinker with a results-oriented mindset, able to balance long-term strategic objectives with short-term tactical execution.
• Track record of establishing processes in a fast-moving organizations
• Ability to develop successful collaborative relationships across the organization

Salary Range/Hourly Rate for California Based Applicants: [ $149,000 - $212,800 ] (actual compensation will be determined based on experience, location, and other factors permitted by law).

Benefits Summary: Rivian provides robust medical/Rx, dental and vision insurance packages for full-time employees, their spouse or domestic partner, and children up to age 26. Coverage is effective on the first day of employment, and Rivian covers most of the premiums.

Equal Opportunity

Rivian is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender, gender expression, gender identity, genetic information or characteristics, physical or mental disability, marital/domestic partner status, age, military/veteran status, medical condition, or any other characteristic protected by law.

Rivian is committed to ensuring that our hiring process is accessible for persons with disabilities. If you have a disability or limitation, such as those covered by the Americans with Disabilities Act, that requires accommodations to assist you in the search and application process, please email us at

Candidate Data Privacy

Rivian may collect, use and disclose your personal information or personal data (within the meaning of the applicable data protection laws) when you apply for employment and/or participate in our recruitment processes (Candidate Personal Data). This data includes contact, demographic, communications, educational, professional, employment, social media/website, network/device, recruiting system usage/interaction, security and preference information. Rivian may use your Candidate Personal Data for the purposes of (i) tracking interactions with our recruiting system; (ii) carrying out, analyzing and improving our application and recruitment process, including assessing you and your application and conducting employment, background and reference checks; (iii) establishing an employment relationship or entering into an employment contract with you; (iv) complying with our legal, regulatory and corporate governance obligations; (v) recordkeeping; (vi) ensuring network and information security and preventing fraud; and (vii) as otherwise required or permitted by applicable law.

Rivian may share your Candidate Personal Data with (i) internal personnel who have a need to know such information in order to perform their duties, including individuals on our People Team, Finance, Legal, and the team(s) with the position(s) for which you are applying; (ii) Rivian affiliates; and (iii) Rivians service providers, including providers of background checks, staffing services, and cloud services.

Rivian may transfer or store internationally your Candidate Personal Data, including to or in the United States, Canada, the United Kingdom, and the European Union and in the cloud, and this data may be subject to the laws and accessible to the courts, law enforcement and national security authorities of such jurisdictions.

Please note that we are currently not accepting applications from third party application services.