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Pricing Intern

CaterpillarPeoria, IL · Mossville, IL · Cary, NC

  • $22.50 – $40.25 / hour
  • Internship
  • Full time

Overview

When you join Caterpillar, you're joining a global team that cares about the work we do and each other. We are makers, problem solvers, and future world builders creating stronger, more sustainable communities. We don't just talk about progress and innovation, we make it happen with our customers, where we work and live. Together, we are building a better world.

Internship Program Details

Pricing interns work in a team environment to establish and execute optimal price levels for various products and services at Caterpillar. This involves providing pricing recommendations and thorough analysis of business indicators such as sales, competitive environment, and product value characteristics. The revenue management internship program provides support before, during, and after the internship to ensure professional and personal growth.

Session Dates

Summer 2027: 5/17/2027 - 8/06/2027. This is a 40-hour-per-week onsite work assignment, Monday through Friday, lasting 12 weeks in the summer.

What You Will Get

Besides exciting work, Corporate Interns will experience:

  • Comprehensive internship orientation
  • Travel reimbursement
  • Tours of state-of-the-art manufacturing and research facilities
  • Product demonstrations
  • Various social events
  • Networking with leadership
  • Intern round table discussions
  • Business skill building
  • Career discussions with leaders and experts
  • Resume and interview workshop
  • Paid holidays
  • And more

Thousands of Caterpillar employees contribute to the work of a powerful global team. Innovation happens step-by-step, piece-by-piece, person-by-person. Everyone has a vital role to play. Small projects can grow into groundbreaking technologies through collaboration and teamwork in a diverse and inclusive environment. Caterpillar is committed to empowering employee success.

What You Will Do

  • Be a critical team member in organizations handling all aspects of pricing for Caterpillar Machines, Energy & Transportation (Engines), and Parts & Services.
  • Collaborate with product, sales, marketing, accounting, and supply chain teams to drive value-based pricing strategies.
  • Work with cross-functional teams to advance Caterpillar's digital pricing capabilities.
  • Provide guidance for the execution of dynamic and differentiated pricing strategies.
  • Analyze, interpret, and communicate a wide variety of data.
  • Execute strategic and tactical price actions within a robust pricing governance framework.

Internship Program Qualifications

  • Must be currently pursuing a Bachelor's or Master's degree at a 4-year accredited university/college in Finance, Accounting, Economics, Business Administration, Business Management, Statistics, Mathematics, Marketing, or another business-related field, at the time of application and throughout the program.
  • Minimum 3.0/4.0 GPA (both Major GPA & Cumulative GPA).
  • 12 completed semester hours prior to the start of the internship.
  • If a transfer student, must have 12 semester hours completed at a 4-year university.

Top Candidates Will Also Have

  • Previous internship and/or relevant work experience.
  • Strong analytical, initiative, communication, leadership, and interpersonal skills.
  • Leadership involvement in student associations.
  • Intermediate user of Microsoft Excel.

Additional Details

  • Locations: Peoria, IL, Mossville, IL, and Cary, NC.
  • Candidates must be willing to relocate if necessary for the duration of the internship and complete daily work commute using reliable transportation.
  • Domestic relocation is available for those who qualify.
  • Candidates must be willing to travel as needed.
  • Housing stipend and relocation assistance (if eligible).
  • Visa sponsorship is not available for this position.
  • 5-day weekly onsite assignment.

What You Have - Skills Needed for Success in Role

  • Customer Focus: Knowledge of values and practices that align customer needs and satisfaction as primary considerations in all business decisions, and ability to leverage that information in creating customized customer solutions.
  • Data Gathering & Analysis: Knowledge of data gathering and analysis tools, techniques, and processes; ability to collect and synthesize data from various stakeholders and sources objectively to reach a conclusion, goal, or judgment.
  • Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
  • Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions.
  • Effective Communications: Understanding effective communication concepts, tools, and techniques; ability to transmit, receive, and accurately interpret ideas, information, and needs through appropriate communication behaviors.

Final Details

If you are interested in applying for this position, please attach a copy of your resume and an unofficial copy of your transcripts to your application. Also, frequently check the email associated with your application, including the junk/spam folder, as this is the primary correspondence method. To know the status of your application, use the candidate log-in on our career website.

Summary Pay Range

$22.50 - $40.25 per hour. An intern's hourly rate is based on the major/degree being pursued and the number of completed academic hours achieved before the start of the internship.

Intern Benefits

The total rewards package, beyond base salary, may include if eligible:

  • Accrued Paid Time Off (PTO)
  • Paid Holidays
  • Paid Volunteer Day
  • Housing Stipend
  • Relocation Assistance
  • Medical coverage
  • Voluntary benefits

This position requires working onsite five days a week. Relocation is available for this position. Visa sponsorship is not available for this position.

Skills mentioned

  • Data Analysis
  • Microsoft Excel
  • Market Research
  • Financial Analysis
  • Pricing Strategy

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