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- Tasks: Join us as a Pricing Analyst, conducting market research and data analysis to refine pricing strategies.
- Company: The Solution Automotive Recruitment has been connecting talent with the UK Motor Trade since 1999.
- Benefits: Enjoy a full-time role with job security, competitive salary, and opportunities for career growth.
- Why this job: Be part of a dynamic team, influence pricing strategies, and make a real impact in the automotive industry.
- Qualifications: Strong analytical skills, proficiency in Excel, and a passion for pricing; experience in automotive is a plus.
- Other info: This role offers a chance to work closely with various teams and develop innovative pricing tools.
The predicted salary is between 20400 - 24400 £ per year.
Pricing Analyst
Automotive Industry – Leasing Sector
Bury Area
Our client is seeking a detail-oriented Pricing Analyst.
This vital position merges pricing research, data analysis, and market intelligence to ensure they remain industry leaders.
You will take ownership of refining their pricing strategy and manage their special offers portfolio.
Key Responsibilities
– Market Research – Conduct thorough market and competitor analyses to identify trends and pricing strategies that enhance our leasing offers.
– Data Analysis – Analyse vehicle costs, residual values, funding rates, and customer demand to develop and maintain profitable pricing models.
– Portfolio Management – Oversee our Special Offers portfolio to ensure it remains competitive, compelling, and commercially viable.
– Cross-Functional Collaboration – Work closely with teams in Sales, Marketing, Product, and Procurement to ensure alignment between pricing strategies and business objectives.
– Risk Management – Identify pricing discrepancies or potential margin risks and proactively propose effective solutions.
– Reporting – Generate regular pricing reports, dashboards, and forecasts to guide leadership in strategic decision-making.
– Industry Monitoring – Stay abreast of industry trends (such as EV advancements, manufacturer incentives, and macroeconomic factors) and advise on necessary pricing adjustments.
– Tool Development – Assist in the creation of pricing tools, automation processes, and intelligent decision-making systems.
What You Bring
– Analytical Expertise – A strong analytical mindset with keen attention to detail; you understand that numbers tell a deeper story.
– Advanced Skills – Proficiency in Excel or Google Sheets, intermediate to advanced level.
– Commercial Acumen – A genuine passion for accurate pricing and an understanding of market dynamics.
– Curiosity – An inherent inquisitiveness that drives you to challenge assumptions and explore underlying data.
– Communication – Strong ability to articulate complex pricing concepts to non-technical stakeholders effectively.
– Organisational Skills – Superior organisational abilities, with a proactive approach to managing multiple responsibilities in a fast-paced setting.
– Industry Insight – Experience in automotive, leasing, finance, or pricing roles is advantageous but not essential.
What We Offer
– Full-Time and Permanent Role – Enjoy job security in a full-time position with opportunities for long-term career growth.
– Competitive Salary – A salary range of 24,000 to 28,000, commensurate with experience.
Sound like you? Apply in confidence today!
Who are you applying to?
The Solution Automotive Recruitment have been placing candidates into the UK Motor Trade since 1999. We have a fantastic relationship with all our clients and candidates across the country, many very long standing relationships. If you are skilled and experienced Automotive candidate, we want to hear from you and rest assured, you\’ll be dealing with a person, not just a consultant!
Unfortunately due to the volume of applications we get, we can only respond to the candidates who match the criteria set for this vacancy. We will retain your CV on our database and make contact as and when suitable vacancies arise. We will NEVER send your CV anywhere without your permission
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Pricing Analyst employer: The Solution Auto
Contact Detail:
The Solution Auto Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in the automotive leasing sector. Understanding current market dynamics and competitor pricing strategies will give you an edge during interviews, showcasing your proactive approach and industry knowledge.
✨Tip Number 2
Brush up on your data analysis skills, particularly in Excel or Google Sheets. Being able to demonstrate your proficiency in these tools during discussions can significantly enhance your candidacy, as they are crucial for the role of a Pricing Analyst.
✨Tip Number 3
Prepare to discuss how you've previously managed or contributed to pricing strategies. Think of specific examples where your analytical mindset led to successful outcomes, as this will help you stand out as a candidate who can add value to the team.
✨Tip Number 4
Network with professionals in the automotive and leasing industries. Engaging with others in the field can provide insights into the role and may even lead to referrals, increasing your chances of landing the job with us.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Pricing Analyst in the automotive leasing sector. Familiarise yourself with key terms like market research, data analysis, and portfolio management.
Tailor Your CV: Highlight your analytical skills and any relevant experience in pricing, data analysis, or the automotive industry. Use specific examples to demonstrate your expertise and how it aligns with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for pricing strategies and your understanding of market dynamics. Mention your curiosity and how it drives you to analyse data effectively, making sure to connect your skills to the company's needs.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your documents are clear, concise, and free from typos, as attention to detail is crucial for this role.
How to prepare for a job interview at The Solution Auto
✨Showcase Your Analytical Skills
As a Pricing Analyst, your analytical expertise is crucial. Be prepared to discuss specific examples of how you've used data analysis to inform pricing strategies or improve profitability in previous roles.
✨Demonstrate Market Knowledge
Familiarise yourself with current trends in the automotive leasing sector. Discuss recent developments, such as EV advancements or market shifts, and how they could impact pricing strategies.
✨Prepare for Cross-Functional Scenarios
Since collaboration is key, think of examples where you've worked with different teams. Be ready to explain how you ensured alignment between pricing strategies and business objectives in those situations.
✨Communicate Complex Concepts Simply
You’ll need to articulate complex pricing concepts to non-technical stakeholders. Practice explaining your past projects or analyses in straightforward terms to demonstrate your communication skills.
