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- Tasks: Shape pricing strategy and deliver commercial impact in a dynamic consumer-focused environment.
- Company: Join a respected organisation with a collaborative culture and growth opportunities.
- Benefits: Competitive salary, hybrid work model, and a chance to influence key business decisions.
- Other info: Exciting career progression and the chance to work with large datasets and predictive models.
- Why this job: Make a real impact on pricing strategies and drive profitability through innovative analysis.
- Qualifications: Degree in a numerical subject and strong analytical skills required.
The predicted salary is between 45000 - 55000 £ per year.
An exciting opportunity to join a highly respected consumer-focused organisation within a growing pricing function, where you'll play a key role in shaping pricing strategy and delivering commercial impact across the consumer business.
This role offers significant opportunity to influence pricing decisions, improve trading performance and drive profitability through innovative pricing and analytical techniques. Working within a highly collaborative environment, you'll support the development and execution of best-in-class pricing practices while helping the business respond to an evolving and highly competitive market.
This is a hands-on analytical role where your work will directly support strategic and commercial decisions across acquisition, retention and customer value. You'll be working with large datasets, developing predictive models and optimising pricing strategies in a fast-paced environment.
We're looking for someone with strong pricing and analytical expertise who enjoys solving complex business challenges and delivering insight that drives measurable business outcomes.
Responsibilities include:
- Support the successful delivery of Consumer pricing strategy and initiatives, driving profitability and trading performance
- Build, develop and enhance predictive pricing models to understand customer behaviour including propensity to purchase, claim or cancel
- Analyse price trial and competitor pricing data to support pricing optimisation and commercial decision making
- Develop forecasting models and clearly explain weekly and annual variances versus forecast
- Reconcile, validate and prepare datasets, ensuring data processing is accurate, efficient and robust
- Monitor pricing model performance over time and recommend corrective actions where required
- Work closely with implementation teams to ensure models are deployed correctly and performing as expected
- Investigate new analytical and modelling techniques to improve model performance and pricing capability
- Ensure all pricing activity aligns with FCA regulatory guidance and internal governance processes
- Collaborate closely with Pricing, Finance, Marketing, Insights and Compliance teams across the business
- Build strong stakeholder relationships across the business, supporting cross-functional problem solving and delivery
Skills required:
- Degree in a numerical subject or equivalent relevant qualification
- Strong pricing experience within Insurance, Financial Services, Banking or a similar analytical environment
- Strong understanding of pricing and analytical techniques, including GLMs/GBMs
- Highly numerate with strong analytical and problem-solving skills
- Experience using coding tools such as SQL, Snowflake or SAS
- Experience with visualisation tools such as Power BI or Tableau
- Experience using statistical modelling software such as Python, R, Emblem or Radar
- Strong stakeholder management and communication skills with the ability to build credibility and trust at all levels
- Commercially minded with strong financial acumen and delivery focus
- Continuous improvement mindset with the ability to identify opportunities for innovation and enhanced performance
If you enjoy working in a commercially focused environment where your analysis directly influences pricing decisions and business performance, then this could be an excellent next step in your career.
If this sounds like the role for you then please apply today!
Alternatively, you can refer a friend or colleague by taking part in our fantastic referral schemes!
Senior Pricing Analyst - Consumer Pricing in Bristol employer: Datatech Analytics
Contact Detail:
Datatech Analytics Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst - Consumer Pricing in Bristol
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and showcasing your analytical skills. Use real-life examples from your experience to demonstrate how you've tackled complex pricing challenges.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for roles that excite you and fit your skill set perfectly!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. It’s a simple way to stand out from the crowd.
We think you need these skills to ace Senior Pricing Analyst - Consumer Pricing in Bristol
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Pricing Analyst role. Highlight your relevant experience in pricing and analytics, and don’t forget to showcase any specific tools or techniques you’ve used that align with what we’re looking for.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about pricing strategy and how your skills can help us drive profitability. Be sure to mention any innovative approaches you've taken in previous roles.
Showcase Your Analytical Skills: Since this role is all about data, make sure to highlight your analytical prowess. Include examples of how you've used predictive models or data analysis to influence business decisions. We love seeing real-world applications!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Datatech Analytics
✨Know Your Numbers
As a Senior Pricing Analyst, you'll be expected to handle large datasets and predictive models. Brush up on your analytical skills and be ready to discuss specific examples of how you've used data to influence pricing strategies in the past.
✨Showcase Your Technical Skills
Make sure you’re familiar with the coding tools mentioned in the job description, like SQL or Python. Be prepared to talk about how you've used these tools in previous roles to solve complex business challenges or optimise pricing strategies.
✨Understand the Market
Research the company’s current pricing strategies and their competitors. Being able to discuss market trends and how they impact pricing decisions will show that you're commercially minded and ready to contribute from day one.
✨Build Relationships
This role involves collaboration across various teams. Think of examples where you've successfully built stakeholder relationships and how you’ve worked cross-functionally to achieve common goals. Communication is key!