Pricing Intern

Job Description

2027 Summer Corporate Intern – Pricing | Caterpillar Inc.

The Tone:
This is a seasonal internship at Caterpillar Inc., located in Peoria, IL, Mossville, IL, or Cary, NC. When you join Caterpillar, you contribute to a global team that builds and delivers machines, engines, services, and technologies that shape the world. This role matters because you will be a vital part of establishing and executing optimal price levels, directly impacting the company’s ability to create stronger, more sustainable communities and build a better world alongside customers. The internship program provides comprehensive support, from orientation to career discussions, ensuring interns gain professional and personal growth while experiencing Caterpillar’s commitment to innovation and collaboration.

The TL;DR
• Role: Internship
• Type: Seasonal (40 hours/week, 12 weeks)
• Location: In-person, Peoria, IL; Mossville, IL; Cary, NC
• Pay: $22.50 – $40.25 hourly
• Team: Critical team member in organizations handling all aspects of pricing for Caterpillar Machines, Energy & Transportation (Engines), and Parts & Services.
• Mission: Establish and execute optimal price levels for various products and services by analyzing business indicators and providing strategic recommendations.
• Tech Stack: Microsoft Excel

What You’ll Actually Do
• Pricing Strategy: Work in a team environment to establish and execute optimal price levels for various Caterpillar products and services.
• Cross-functional Collaboration: Partner with product, sales, marketing, accounting, and supply chain teams to drive value-based pricing strategies.
• Digital Pricing Development: Collaborate with cross-functional teams to advance Caterpillar’s digital pricing capabilities.
• Data Analysis & Communication: Analyze, interpret, and communicate a wide variety of data to inform pricing decisions and recommendations.
• Price Action Execution: Execute strategic and tactical price adjustments within a robust pricing governance framework.

The Must-Haves
• Background: Currently pursuing a Bachelors or Masters degree in Finance, Accounting, Economics, Business Administration, Business Management, Statistics, Mathematics, Marketing, or another business-related field from a 4-year accredited university/college, and maintaining this status throughout the program.
• Experience: Completion of 12 semester hours prior to the start of the internship; transfer students must have 12 semester hours completed at a 4-year university.
• Skills: Analytical Thinking; Data Gathering & Analysis; Accuracy and Attention to Detail; Effective Communications.
• Bonus: Minimum 3.0/4.0 GPA (both Major GPA & Cumulative GPA); previous internship and/or relevant work experience; leadership involvement in student associations.