GMNS Pricing Summer Internship
What type of work can you expect to do in Pricing at American Express?
This is an excellent opportunity for an individual to gain deep knowledge of the merchant business, as well as exposure to and insight from senior leaders across the Blue Box. The intern should be a dynamic individual who can work closely with senior leaders and has the right ambition to drive change.
- Create compelling, merchant-facing materials for client negotiations, which articulate and quantify the AXP value proposition
- Develop pricing strategies based on quantitative data analytics and provide recommendations on key financial / commercial terms during merchant negotiations
Leverage internal and external data from merchant-specific insights, latest competitive intelligence, industry research and regulatory developments to inform pricing strategies and maintain pricing integrity.
- Evaluate business cases for various merchant pricing scenarios, model P&L impacts, and perform sensitivity analyses to drive agile business decisions
- Drive implementation, maintenance and reporting of pricing programs and strategies
- Build relationships across the client management organization (CLM) that drive team accountability and ensure goal achievement
- Create compelling, merchant facing materials for all regions, which articulate and quantify the AXP value proposition
- Drive standardization and process improvement to drive key business decisions
Skills/Experience
- Strategic thinker with the ability to work through unstructured problems and develop clear actionable insights
- Strong relationship management skills, driving collaboration inside and outside the team
- Passionate focus on the customer; demonstrated desire to understand and solve for customer needs
- Innovative individual who is willing to question the status quo and can assess and define new business
