Pricing Analyst Intern null

About Volvo

Volvo, a pioneering force in transportation solutions, stands as a global leader in sustainable mobility. With a legacy rooted in safety, innovation, and quality, Volvo continues to shape the industry by providing a diverse range of commercial vehicles, encompassing trucks, buses, construction equipment, and more, all united by a commitment to driving progress and environmental stewardship.

Your role

What you will do:

This internship will support the Manager, Pricing & Risk Management in pricing activities, business intelligence and risk management of the Service Contract portfolio. The Intern - Pricing Analyst is expected to be analytical with a good business sense. This position will collaborate with Management Reporting and Business Intelligence, Business Control, Aftermarket, and the Commercial Truck Organizations. The internship allows students to integrate knowledge and skills in a manner that is mutually beneficial to the student and Volvo Group. If you want to be a part of an exciting change within the transportation industry for the summer where you can learn about the Volvo Group and Services & Solutions, come join them!

For this position it is preferable for candidates to be on site for at least 3 days per week working up to 30 hours a week. The fall internship dates are August 19, 2024 to December 13th.

Core responsibilities:

• Analyze historical data and identify trends to help set technical price for Service Contracts and Extended Coverages. 
• Develop and prepare standardized reports and ad-hoc analysis to support portfolio and sales teams.    
• Work with Pricing Manager and IT teams to integrate new data sources into Power BI for Service Contracts. 
• Work with Pricing Manager and IT teams to automate Service Contract portfolio reporting in Power BI. 
• Maintain and enhance existing price models and assist with updating pricing, discount structures and business rules in source systems and ordering tools. 
• Support custom quotation process through pricing analysis and timely response.  
• Aid in creating a proactive working environment, identifying quality issues and cost drivers early in the contract term.  Work with aftermarket and support teams to make necessary changes to increase profitability of portfolio.

Training & development

Volvo's intern program cultivates growth with a dynamic mix of hands-on experience, industry expert mentorship, and personalized learning resources. Interns engage in real-world projects at the forefront of innovation, receiving personalized guidance to cultivate their skills & knowledge. With access to a range of career development opportunities, including networking events & workshops, their program empowers interns to thrive & evolve within the ever-evolving landscape of the Volvo Group.

Salary & benefits 

The compensation for the role will range from $16.00 to $46.00 per hour.

They offer the following benefits to interns & co-ops:

• Housing assistance.
• Countless career opportunities.
• Internal mobility across their global organization.
• Training and personal development.

Career progression

The Volvo Group's intern career progression is a dynamic odyssey, weaving together hands-on immersion, mentorship from industry leaders, & collaboration across disciplines. This holistic method cultivates technical expertise, fosters crucial connections, & lays the foundation for future roles. This evolution fuels growth, innovation, & a seamless transition from intern to valued Volvo Group contributor, unlocking a world of boundless prospects.

As a successful Business Control Intern you will: 

• Lead with passion 
• Perform with purpose 
• Transform with vision 

Work-life balance

At Volvo Group, work-life balance is more than a concept; it's a core value embraced daily. With a commitment to fostering well-being, employees thrive through flexible schedules, remote work options, and comprehensive health initiatives. By promoting harmony between professional and personal lives, they empower their team to excel on and off the clock.

Culture & vibe

Immerse yourself in the Volvo Group's dynamic work culture, where innovation and collaboration converge to create a vibrant atmosphere. The fusion of diverse talents and a shared commitment to excellence generates an electric vibe that propels them toward collective success. At Volvo, every day is an opportunity to be part of a forward-looking community that values growth, respect, and the thrill of pushing boundaries.

About you

Critical competencies:

• Analytical: Strong analytical and problem-solving skills. Ability to work with large and multiple datasets. Experience with Power BI preferred. Knowledge of Python or similar is a plus.
• Business Aptitude: The ability to take analytical findings and apply it to the business.  Understanding business needs when developing reports and analytical tools. 
• Detail Oriented: The capability to pay close attention to detail. To ensure data is accurate compared to source systems and no errors when distributed.  
• Self-Motivated: Have the capacity to self-start and take initiative. Not afraid to ask questions and ambition to learn.    
• Forward Thinking: The ability to think outside the box, continue to improve ways of working and keep up with new technologies. 
• Collaborative: The ability to work well with others. Cross functional work is imperative to execute deliverables. 
• Communication: Good communication skills. Verbal, written and visual.

Minimum Education and Experience:

• Pursuing a Bachelor’s or Master’s Degree in Business, Data Analytics, Engineering, or related field with a minimum cumulative grade point average of 2.75 have completed 30 semester hours of undergraduate studies prior to the start of the internship.
• Strong analytical skills, advanced excel, Power BI experience preferred.  
• Requires the mastery of standard Microsoft applications and data analysis tools. 
• The ability to understand high level and low-level business, technical concepts a plus.
• Strong written and verbal communication skills.

As a successful Intern, you will:

• Lead with passion
• Perform with purpose
• Transform with vision

Sources

The following sources were used in researching this page:

• volvogroup.com/en/careers/job-openings.html
• volvogroup.com/en/careers/working-at-volvo-group.html
• youtube.com/@VolvoGroupVideos