At a Glance
- Tasks: Shape pricing strategies and optimise discounts using data-driven insights.
- Company: Major UK business with a high-performing Consumer Pricing team.
- Benefits: Hybrid working, strong development opportunities, and exposure to senior stakeholders.
- Other info: Collaborative culture focused on continuous improvement and problem-solving.
- Why this job: Make a real impact on pricing decisions in a dynamic environment.
- Qualifications: Experience in pricing analytics, strong analytical skills, and proficiency in Python.
The predicted salary is between 40000 - 50000 € per year.
We are looking for a commercially minded Pricing Discount Modelling Analyst to join a high-performing Consumer Pricing team within a major UK business. This is a fantastic opportunity to play a key role in shaping pricing and discounting strategy, helping drive acquisition, retention, profitability, and customer value through data-led insight and modelling.
Working within a fast-paced and highly competitive environment, you will support the development of innovative pricing solutions using customer behaviour analysis, forecasting, and market insight to improve trading performance and support strategic business decisions.
The Role
- You will work closely with Pricing, Finance, Marketing, Insights, and Compliance teams to develop and monitor pricing models, optimise discounting strategies, and support commercial performance across the Consumer division.
- This role offers strong exposure across the business and the opportunity to influence key pricing decisions within a regulated environment.
Key Responsibilities
- Support the delivery of pricing and discounting initiatives across the Consumer business.
- Develop and maintain predictive models focused on customer behaviour, retention, and pricing optimisation.
- Analyse competitor pricing and customer data to improve pricing performance.
- Reconcile, validate, and process large datasets efficiently.
- Monitor model performance and recommend improvements where needed.
- Develop forecasting models and explain variances against budget and forecast.
- Work collaboratively with implementation, compliance, finance, and marketing teams.
- Ensure pricing activity aligns with FCA guidance and governance processes.
Skills & Experience
- Experience within Pricing Analytics, Pricing Modelling, Discount Modelling, or a similar analytical role.
- Background in Insurance, Financial Services, Banking, or another regulated environment beneficial.
- Strong analytical and problem-solving skills with a highly numerate mindset.
- Must have experience with Python.
- Experience with SQL, Snowflake, SAS, or similar coding tools.
- Experience using Power BI or Tableau.
- Exposure to R, Emblem, Radar, or other statistical modelling tools advantageous.
- Understanding of pricing techniques such as GLMs/GBMs beneficial.
- Strong communication and stakeholder management skills.
About You
We are looking for someone who is curious, commercially aware, and motivated by solving complex business challenges through data and analytics. You will also demonstrate:
- A proactive and delivery-focused approach.
- Strong collaboration and relationship-building skills.
- Continuous improvement mindset.
- Ability to communicate insights clearly to technical and non-technical stakeholders.
Why Join?
- Opportunity to influence commercially critical pricing decisions.
- Exposure to senior stakeholders across the business.
- Collaborative and forward-thinking team environment.
- Hybrid working with flexibility.
- Strong opportunity for development and progression within Pricing & Analytics.
If you're passionate about pricing analytics, modelling, and using data to influence commercial outcomes, we'd love to hear from you.
Locations
Pricing Discount Modelling Analyst in Newport, Wales employer: Datatech Analytics
Join a dynamic and innovative team in Bristol as a Pricing Discount Modelling Analyst, where you will have the opportunity to shape pricing strategies that drive customer value and business performance. With a collaborative work culture, hybrid working options, and strong focus on employee development, this role offers a unique chance to influence key decisions while working alongside senior stakeholders in a fast-paced environment. Embrace your curiosity and analytical skills in a supportive setting that values continuous improvement and professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Discount Modelling Analyst in Newport, Wales
✨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 related to pricing analytics and modelling. Use real-life examples from your experience to showcase your skills and how they align with the role.
✨Tip Number 3
Showcase your analytical skills by bringing a portfolio of your work to interviews. Whether it's predictive models or data visualisations, having tangible examples can really impress hiring managers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Pricing Discount Modelling Analyst in Newport, Wales
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Pricing Discount Modelling Analyst. Highlight your experience with pricing analytics, modelling, and any relevant tools like Python or SQL. We want to see how your skills 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 strategies and how your background in data-led insights can help us drive acquisition and retention. Keep it engaging and personal!
Showcase Your Analytical Skills:In your application, don’t forget to mention specific examples where you've used your analytical skills to solve complex problems. We love seeing how you’ve applied your knowledge in real-world scenarios, especially in regulated environments.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all your documents in one go. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Datatech Analytics
✨Know Your Numbers
As a Pricing Discount Modelling Analyst, you'll need to demonstrate your analytical skills. Brush up on key metrics related to pricing and discounting strategies. Be ready to discuss how you've used data to influence decisions in past roles.
✨Showcase Your Technical Skills
Make sure you highlight your experience with Python, SQL, and any other relevant tools like Power BI or Tableau. Prepare examples of how you've used these tools to develop predictive models or analyse customer behaviour.
✨Understand the Market
Research the company's competitors and their pricing strategies. Be prepared to discuss how market insights can shape pricing decisions. This shows that you're not just technically savvy but also commercially aware.
✨Communicate Clearly
You'll be working with various teams, so strong communication is key. Practice explaining complex concepts in simple terms. Think about how you would present your findings to both technical and non-technical stakeholders.
