Pricing Administrator

Pricing Administrator

Entry level 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage and update pricing data for vehicle leasing, ensuring accuracy and competitiveness.
  • Company: Join a leading UK vehicle rental and leasing provider expanding into long-term solutions.
  • Benefits: Enjoy flexible working options and opportunities for professional growth in a dynamic industry.
  • Why this job: Be part of a growing team that values detail and offers a chance to learn about vehicle leasing.
  • Qualifications: Proficiency in Excel and a keen interest in vehicles or finance are essential; prior experience is a plus.
  • Other info: Ideal for entry-level candidates eager to kickstart their career in a supportive environment.

The predicted salary is between 28800 - 48000 £ per year.

Company Overview
My client are a well-established vehicle rental and leasing provider in the UK, offering flexible short-term solutions to businesses. As part of ongoing growth, they are expanding into long-term leasing, including business contract hire and salary sacrifice schemes. To support this development, they are looking for a motivated Pricing Administrator to join the team and help manage pricing data to ensure our leasing offers remain competitive and accurate.

Main Purpose of Role
The Pricing Administrator will be responsible for updating and maintaining pricing data in the Key2 system, with a focus on vehicle costs, residual values, maintenance budgets, and discounts. This role is suited to someone with a keen eye for detail and a strong interest in the vehicle leasing industry.

Key Responsibilities and Duties

Data Entry: Accurately input and update pricing data in the Key2 system, including vehicle costs, residual values, maintenance budgets, and discount structures.

System Maintenance: Ensure pricing data is current, based on information from suppliers, finance, or management.

Data Verification: Validate entries to ensure accuracy, flagging discrepancies for review.

Sales Support: Assist the sales team in preparing lease quotations and customer rate books.

Purchasing Support: Help with entering client discounts and progressing vehicle orders.

Market Monitoring: Collect and summarise market data, such as competitor pricing and vehicle trends, to support pricing decisions.

Reporting: Generate system reports on pricing updates and performance as required.

Team Collaboration: Work with sales, finance, and operations teams to ensure pricing aligns with business and customer needs.

Compliance: Follow internal guidelines to ensure all data complies with company policy and partner requirements.

Other Duties: Perform other related duties as assigned by management.

Skills and Qualifications

Essential:

Proficient in Microsoft Excel (e.g., pivot tables, formulas, data handling)

High level of attention to detail and accuracy

Strong organisational skills and efficiency in handling routine tasks

Effective written and verbal communication for internal coordination

Eagerness to learn and grow within the leasing sector

Prior experience in product pricing (not limited to the vehicle sector)

Interest in vehicles and/or finance

Desirable:

Experience with database systems (e.g., Key2 or similar platforms)

Understanding of vehicle leasing in the UK (e.g., costs, residuals)

Background in a top 50 UK leasing company

Familiarity with contract hire or salary sacrifice schemes

Entry-level business or admin qualification (e.g., A-levels, NVQ)

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Pricing Administrator employer: Investigo

As a leading vehicle rental and leasing provider in the UK, our company offers a dynamic work environment that fosters growth and collaboration. We prioritise employee development through ongoing training and support, ensuring that our team members are well-equipped to thrive in the evolving vehicle leasing industry. With a strong focus on teamwork and innovation, we provide a rewarding workplace where your contributions directly impact our success.
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Contact Detail:

Investigo Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Administrator

✨Tip Number 1

Familiarise yourself with the Key2 system or similar database platforms. Understanding how to navigate and input data efficiently will give you a significant advantage during the interview process.

✨Tip Number 2

Stay updated on current trends in the vehicle leasing industry. Being knowledgeable about competitor pricing and market dynamics will demonstrate your genuine interest and help you stand out as a candidate.

✨Tip Number 3

Brush up on your Microsoft Excel skills, especially with pivot tables and formulas. Being able to showcase your proficiency in handling data will be crucial for the role of Pricing Administrator.

✨Tip Number 4

Network with professionals in the vehicle leasing sector. Engaging with industry contacts can provide insights and potentially lead to referrals, increasing your chances of landing the job.

We think you need these skills to ace Pricing Administrator

Proficient in Microsoft Excel
Attention to Detail
Organisational Skills
Data Entry Accuracy
Effective Communication Skills
Interest in Vehicle Leasing
Experience with Database Systems
Understanding of Vehicle Costs and Residuals
Ability to Generate Reports
Market Research Skills
Team Collaboration
Compliance Awareness
Eagerness to Learn
Prior Experience in Product Pricing

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the role of Pricing Administrator. Emphasise your proficiency in Microsoft Excel, attention to detail, and any previous experience in product pricing.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the vehicle leasing industry. Mention specific examples of how your skills can contribute to the company's goals, particularly in managing pricing data and supporting sales.

Highlight Relevant Skills: In your application, clearly outline your organisational skills and ability to handle routine tasks efficiently. Mention any experience with database systems or market monitoring, as these are key responsibilities of the role.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that all information is accurate and presented professionally, as attention to detail is crucial for this position.

How to prepare for a job interview at Investigo

✨Showcase Your Excel Skills

Since proficiency in Microsoft Excel is essential for the Pricing Administrator role, be prepared to discuss your experience with pivot tables, formulas, and data handling. You might even want to mention specific projects where you used these skills effectively.

✨Demonstrate Attention to Detail

This role requires a high level of accuracy, so highlight any past experiences where your attention to detail made a significant impact. Consider sharing examples of how you've successfully managed data entry or verification tasks.

✨Express Your Interest in the Vehicle Leasing Industry

Make sure to convey your enthusiasm for the vehicle leasing sector. Research current trends and challenges in the industry, and be ready to discuss how they might affect pricing strategies. This will show that you're not just looking for any job, but are genuinely interested in this field.

✨Prepare for Team Collaboration Questions

As the role involves working closely with sales, finance, and operations teams, be ready to discuss your experience in collaborative environments. Think of examples where you successfully worked with others to achieve a common goal, and how you communicated effectively across departments.

Pricing Administrator
Investigo
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