Pricing Intern

Job Description

2027 Summer Corporate Intern – Pricing | Caterpillar Inc.

The Tone:
This is a 40-hour-per-week onsite internship at Caterpillar Inc., located in Peoria, IL, Mossville, IL, or Cary, NC. When joining Caterpillar, you become part of a global team building groundbreaking technologies, machines, and services, all focused on creating stronger, more sustainable communities. This role is crucial for establishing and executing optimal price levels across various products and services, directly impacting the company’s market strategy, customer value, and overall business success.

The TL;DR
• Role: Internship
• Type: 40-hour-per-week onsite work assignment, Monday through Friday, lasting 12 weeks in the summer.
• 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, and Parts & Services.
• Mission: Establish and execute optimal price levels for products and services by providing pricing recommendations and thorough analysis of various business indicators.
• Tech Stack: Microsoft Excel

What You’ll Actually Do
• Strategic Pricing: Serve as a critical team member contributing to all aspects of pricing for Caterpillar Machines, Energy & Transportation (Engines), and Parts & Services.
• Cross-functional Collaboration: Partner with product, sales, marketing, accounting, and supply chain teams to drive value-based pricing strategies across the organization.
• Digital Innovation: Work with cross-functional teams to advance Caterpillar’s digital pricing capabilities and enhance pricing tools.
• Pricing Execution: Provide guidance for the execution of differentiated pricing strategies and execute strategic and tactical price actions within a robust pricing governance framework.
• Data Insights: Analyze, interpret, and communicate a wide variety of business data, including sales, competitive environment, and product value characteristics, to inform pricing recommendations.

The Must-Haves
• Background: Student currently pursuing a Bachelors or Masters degree in Finance, Accounting, Economics, Business Administration, Business Management, Statistics, Mathematics, Marketing, or another business-related field at a 4-year accredited university/college.
• Experience: Must have completed a minimum of 12 semester hours prior to the start of the internship. If a transfer student, 12 semester hours must be completed at a 4-year university. A minimum 3.0/4.0 GPA is required for both Major GPA and Cumulative GPA.
• Skills: Demonstrated customer focus, strong data gathering and analysis capabilities, accuracy and attention to detail, analytical thinking, and effective communication skills.
• Bonus: Previous internship and/or relevant work experience, leadership involvement in student associations, and intermediate proficiency with Microsoft Excel.