Pricing Analyst

Pricing Analyst

Temporary Home office (partial)
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At a Glance

  • Tasks: Join our team to analyse pricing strategies and enhance product category pricing.
  • Company: We're a leading UK-based retailer focused on innovative pricing solutions.
  • Benefits: Enjoy a hybrid work model with competitive pay and flexible hours.
  • Why this job: Make a real impact on pricing strategies while working in a dynamic environment.
  • Qualifications: 2+ years in consulting, strong analytical skills, and proficiency in Python, Excel, and PowerBI required.
  • Other info: This is a 3-month contract with an ASAP start date.

UK-based retailer is looking for a quantitative analyst to help them shape and refine their core product category pricing.

Requirements:

  • Working with FPNA team to assess pricing and promotional effectiveness
  • Analyse price elasticity across product categories
  • Identify trends across sale and non-sale periods, seasonality, and customer segments

Profile:

  • 2+ years working in a consulting firm
  • Experience working with retailer brands on their pricing strategies
  • Excellent quant and qual analysis skills
  • Proficient using Python, Excel and PowerBI

Details:

  • ASAP start
  • Day rate: £450 ltd
  • Hybrid – office based in Wiltshire
  • Duration: 3 months

Pricing Analyst employer: FRESHMINDS

As a leading UK-based retailer, we pride ourselves on fostering a dynamic and inclusive work culture that values innovation and collaboration. Our Pricing Analyst role offers not only competitive remuneration but also the opportunity to work alongside talented professionals in a hybrid environment, promoting a healthy work-life balance. With a strong focus on employee development, we provide ample growth opportunities and support for continuous learning, making us an excellent employer for those seeking meaningful and rewarding careers in retail.
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Contact Detail:

FRESHMINDS 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 pricing strategies within the retail sector. Understanding how successful brands implement their pricing can give you valuable insights to discuss during interviews.

✨Tip Number 2

Brush up on your analytical skills, especially in Python, Excel, and PowerBI. Consider working on a small project or case study that showcases your ability to analyse pricing data effectively.

✨Tip Number 3

Network with professionals in the retail and consulting sectors. Attend industry events or join online forums where you can connect with others who might provide insights or referrals for the Pricing Analyst role.

✨Tip Number 4

Prepare to discuss your previous experience with pricing strategies in detail. Be ready to share specific examples of how you've assessed pricing effectiveness and identified trends in your past roles.

We think you need these skills to ace Pricing Analyst

Quantitative Analysis
Pricing Strategy Development
Price Elasticity Analysis
Promotional Effectiveness Assessment
Trend Analysis
Seasonality Analysis
Customer Segmentation
Consulting Experience
Advanced Excel Skills
Python Proficiency
PowerBI Expertise
Data Interpretation
Attention to Detail
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in quantitative analysis and any relevant work with retail brands. Emphasise your skills in Python, Excel, and PowerBI, as these are crucial for the role.

Craft a Compelling Cover Letter: In your cover letter, explain how your previous experience aligns with the job requirements. Mention specific projects where you assessed pricing strategies or analysed price elasticity, showcasing your analytical skills.

Showcase Relevant Skills: When detailing your qualifications, focus on both your quantitative and qualitative analysis skills. Provide examples of how you've identified trends in sales data or worked with FPNA teams to improve pricing effectiveness.

Proofread Your Application: Before submitting, carefully proofread your application for any errors. A polished application reflects your attention to detail, which is essential for a Pricing Analyst role.

How to prepare for a job interview at FRESHMINDS

✨Showcase Your Analytical Skills

As a Pricing Analyst, you'll need to demonstrate your quantitative analysis capabilities. Be prepared to discuss specific examples of how you've used data to influence pricing strategies in previous roles, especially in retail.

✨Familiarise Yourself with Pricing Strategies

Research common pricing strategies used by retailers and be ready to discuss them. Understanding concepts like price elasticity and promotional effectiveness will show that you’re well-versed in the field and can contribute from day one.

✨Highlight Your Technical Proficiency

Since proficiency in Python, Excel, and PowerBI is crucial for this role, be ready to talk about your experience with these tools. Consider preparing a brief demonstration or example of how you've used them to analyse data effectively.

✨Understand the Company’s Market Position

Before the interview, research the retailer's market position and their product categories. Being able to discuss their pricing strategies and how they compare to competitors will show your genuine interest in the role and the company.

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