We are seeking a dynamic, detail-driven, and strategic Pricing Analyst to join our Pricing team in our Chicago office. Reporting to the Director of Revenue Management, this role plays a critical part in driving portfolio performance by optimizing pricing across new leases, renewals, and ancillary income streams. Leveraging advanced tools such as LRO, MRI, and other leading property management systems, you will translate data into actionable insights that directly impact revenue growth. This position offers a highly collaborative environment, partnering closely with Property Management, Investments, Marketing, and Sales teams to shape innovative pricing strategies, enhance asset performance, and influence key business decisions. If you thrive at the intersection of analytics and strategy and want to make a measurable impact, this is an opportunity to elevate your career.
WHO YOU ARE
- Organized, Flexible, and Adaptable. You have a keen eye for detail and pride yourself on delivering quality work. You multitask well, re-prioritize accordingly, and meet deadlines consistently. You keep your cool during stressful situations, remain resilient, and quickly find solutions in order to meet the changing needs and priorities of the business.
- A Collaborator and Trusted Team Player. You enjoy partnering with others —whether internal or external— and build constructive working relationships that foster cooperation in order to get work done and deliver great results. You are united with teammates and follow through on commitments.
- Creative. You like thinking outside the box to come up with smart solutions to new challenges, and you embrace the opportunity to live in the gray.
- A Strong Communicator. Your writing and speaking skills are clear and effective, helping you connect well with others. Through your past experience, you’ve also built skills that help you effectively persuade and gain the support of others.
- Motivated. You invest extra energy to reach your goals.
- Energetic and Positive. You are an outgoing, gregarious brand ambassador who motivates and excites others to elevate their performance.
- Analytical Thinker. You possess strong analytical skills with the ability to produce and analyze financial and property data.
WHAT YOU’LL DO
- Work collaboratively across many departments and functions to execute a strategic plan that maximizes value and enhances returns for every asset within the portfolio.
- Partner with the Director of Revenue Management to develop long and short-term pricing and revenue management strategies to maximize revenue opportunities.
- Oversee pricing and revenue management for all assigned properties.
- Leverages multifamily revenue optimization software to execute new and renewal lease pricing.
- Communicates and coordinates with the VP of Revenue Management, Director of Revenue Management, Regional Managers and staff, and VP’s of Property Management to understand trends and needs.
- Ensures accurate competitive pricing inputs to pricing model and analyzes competitive pricing strategies to formulate an appropriate competitive response.
- Manages pricing system upgrades to revenue team and properties as necessary.
- Participates in pricing report design and user acceptance testing process associated with the development of new enhancements to the property management and pricing system.
- Travels, as necessary to understand pricing, teach pricing at properties and regions, and to review competitive practices.
REQUIREMENTS
- Bachelor’s degree in Finance, Economics, Marketing, or related field required.
- 0-3 years experience in pricing, revenue management, analytical marketing, or finance.
- Understanding of revenue and pricing management concepts. Strong business judgment.
- Strong analytical skills with the ability to evaluate financial and property data.
- Excellent communication skills, including written, verbal and presentation skills, as well as the ability to plan, organize, be responsive to inquiries, and work independently as well as in teams.
- Strong organizational skills and a keen eye for detail.
- Must be comfortable working autonomously and multi-tasking in a fast paced environment with changing deadlines.
- Proficiency with Microsoft Excel and Google Applications,
Salary: $82,000 - $101,000 per year; in addition to base salary, a discretionary (10.5%) annual bonus is provided.
The successful candidate's starting pay will be determined based on job-related skills, experience, and qualifications.
Highlights of the wellbeing benefits for Full-time employees include:
- Physical Wellbeing: Medical, dental, vision care and wellness programs
- Social Wellbeing: Paid holidays, annual vacation time, paid sick leave, new parent benefits, adoption assistance
- Financial Wellbeing: Competitive Compensation, 401(k) Retirement Savings Plan, Rent Discounts, FSA/HSA, and company-paid life & disability insurance
- Community Wellbeing: Paid Community Service Hours
- Career Wellbeing: Leadership Development, Tuition Assistance
Learn more about our Total Wellbeing program here.
Equity Residential is an Equal Opportunity Employer. We are committed to equal employment opportunities for all job applicants and employees. No job applicant or employee will be discriminated against because of race, religion, color, sex, sexual orientation, gender, sexual/gender identity, age, disability, pregnancy, national origin, military or veteran status, or any other characteristic protected by applicable law. Equity Residential is committed to hiring a diverse workforce. Equity Residential has a smoke-free workplace environment.
