At a Glance
- Tasks: Shape pricing strategy and deliver commercial impact in a dynamic consumer-focused organisation.
- Company: Join a respected company 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 in a fast-paced environment with a focus on continuous improvement.
- 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 40000 - 50000 € 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!
Senior Pricing Analyst - Consumer Pricing in Newport employer: Datatech Analytics
Join a dynamic and innovative consumer-focused organisation in Bristol, where as a Senior Pricing Analyst, you'll thrive in a collaborative environment that values your analytical expertise. With a competitive salary and hybrid working model, the company fosters a culture of continuous improvement and professional growth, empowering you to influence pricing strategies that drive profitability and enhance customer value. Enjoy the unique advantage of working with large datasets and cutting-edge analytical tools while being part of a team that prioritises stakeholder relationships and cross-functional collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst - Consumer Pricing in Newport
✨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 expertise in pricing and analytics.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the role and the company.
We think you need these skills to ace Senior Pricing Analyst - Consumer Pricing in Newport
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Pricing Analyst role. Highlight your pricing experience and analytical skills, especially those related to consumer pricing. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing and how you can contribute to our team. Be sure to mention any relevant projects or achievements that showcase your expertise.
Showcase Your Analytical Skills:Since this role is all about data and analysis, make sure to highlight your experience with tools like SQL, Python, or Power BI. We love seeing how you've used these skills to solve complex problems in previous roles!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Datatech Analytics
✨Know Your Numbers
As a Senior Pricing Analyst, you'll be expected to have a strong grasp of pricing strategies and analytical techniques. Brush up on your knowledge of GLMs/GBMs and be ready to discuss how you've applied these in past roles. Prepare examples that showcase your ability to analyse data and drive profitability.
✨Showcase Your Technical Skills
Familiarity with coding tools like SQL, Snowflake, or SAS is crucial for this role. Make sure you can talk about your experience with these tools and how you've used them to develop predictive models or optimise pricing strategies. If possible, bring along a portfolio of your work or examples of projects you've completed.
✨Understand the Market Landscape
Research the company’s position within the consumer market and its competitors. Be prepared to discuss current trends in pricing and how they might impact the business. This shows that you're not just technically skilled but also commercially minded and aware of the broader context.
✨Build Relationships
Strong stakeholder management is key in this role. Think about how you've collaborated with different teams in the past and be ready to share those experiences. Highlight your communication skills and how you’ve built credibility with stakeholders to support cross-functional problem-solving.
