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Raytheon

Sr. Manager Mature Commercial Engines Pricing Analytics and Campaigns (Onsite)

Raytheon, East Hartford, Connecticut, us, 06118

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Sr. Manager, Operational Analytics And Pricing

Pratt & Whitney is working to once again transform the future of flightdesigning, building and servicing engines unlike any the world has ever seen. And because transformation begins from within, we're seeking the people to drive it. So, calling all curious. Come ready to explore and you'll find a place where your talent takes flightbeyond the borders of title, a country or your comfort zone. Bring your passion and commitment and we'll welcome you into a tight-knit team that takes our mission personally. Channel your drive to make a difference into shaping an organization and an industry that's evolving fast to the future. At Pratt & Whitney, the difference you make is on display every day. Are you ready to go beyond? Pratt & Whitney, a recognized leading producer of the world's most powerful jet engines, is looking for dedicated individuals to support our organization. Pratt & Whitney's Mature Commercial Engines Aftermarket (MCEA) organization is responsible for providing a broad range of aftermarket services to support our customers and Maintenance Repair and Overhaul (MRO) facilities worldwide across our product lines, with accountability for the performance of a multi-billion-dollar contract portfolio. This includes creating and sustaining a global MRO network of service providers, providing integrated material solutions, executing and optimizing our fleet maintenance contracts and generating growth and profitability through the development of enhanced offerings and capability improvements that provide customer value and deliver improved cost performance and speed of service. Within the Aftermarket organization, the Mature Commercial Engines Operational Analytics and pricing team supports the sales and maintenance activities innovative service offering, deal analysis, shop visit forecasts for contract estimate at completion and pricing for spare parts, repair and engine overhaul services offered to owners and operators of our jet engines. We have an opportunity for a Sr. Manager, focusing on Operational Analytics and Pricing role site at our East Hartford, CT Campus. Mature Commercial Engines has a multi-billion-dollar contract portfolio under power by the hour contract. This role would be performing operational analytics on a significant portion of these contracts and assisting the Fleet Management team in developing annual estimates of the contract value at completion. What You Will Do: Use proprietary Monte Carlo simulations running on a high-performance computing platform to generate forecasts that reflect the specific details of each individual contract to support sales and contract management Python modelling experience to convert the tools from current platform to future platform Understand the impact of contractual obligations, maintenance practices, and technical performance of the engine Create sensitivities to see variable scenarios to determine the most realistic situations Complete Internal Rate of Return (IRR) and External Rate of Return (ERR) data for financial analyst Support in pricing and annual escalation activities for spare parts, repairs and engine overhauls. Support pricing initiatives, digital tool development Participate in development of new services, competitiveness analysis and strategy formulation with cross functional teams with Sales, Finance, Programs, Legal, Engineering, and other departments. Offer strategic insight to implement the best solutions and optimize financial value for both P&W and the customer. Demonstrate effective communication to explain technical details, present analytical results, and review contracts. Collaborate with Customer facing teams, Fleet Management, Powerplant Engineering and Cost Team, and Leadership to develop solutions for processes related to invoicing Identify and implement opportunities for process improvement within our organization, to better enable our group to deliver on our commitments. Qualifications You Must Have: Bachelor's degree or 10 years of professional work experience to include Engineering, Math, Statistics or operational analytical experience; or a High School Diploma and 14 years of professional work experience as listed above. Broad understanding of data analytics, engine overhaul and contracts Qualifications We Prefer: Advanced Degree and 7 years of professional work experience to include Engineering, Math, Statistics or operational analytical experience, a broad understanding of data analytics, engine overhaul and contracts Aerospace industry experience with knowledge of jet engine operation, maintenance operations and spare part pricing Cross-functional teamwork skills Capacity to lead, motivate and influence through effective communication Familiarity with developing and interpreting statistical models Proficient in MS Office (Excel, Power BI, PowerPoint), and Python