At a Glance
- Tasks: Analyse pricing strategies and influence key business decisions with your data insights.
- Company: Join a respected financial services organisation focused on consumer-driven solutions.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and enjoy strong career progression opportunities.
- Why this job: Make a real impact on pricing decisions and drive revenue in a fast-paced environment.
- Qualifications: Degree in a numerical subject and experience in pricing or analytics.
The predicted salary is between 35000 - 45000 £ per year.
An exciting chance to join a developing team, with endless opportunity to grow the role and your position within the business. Working for a highly respected, consumer-driven financial services organisation, this role offers significant opportunity to influence pricing decisions across the business, helping to shape acquisition and retention performance, profitability and customer outcomes.
This is a hands-on analytical role where your work directly supports real commercial decisions from modelling and optimisation through to forecasting and governance. We’re looking for someone who enjoys working with numbers, looking at tactical pricing reviews and data manipulation. You’ll be working in an exciting, fast-paced environment, looking at products and ways to drive revenue within the business. If you enjoy solving complex pricing challenges, working with data and seeing your insight landed in live pricing decisions, this role offers a strong next step in your career within a high performing, technically capable team.
Responsibilities include:
- Support delivery of consumer pricing strategy and initiatives, driving trading performance and profitability
- Build and enhance pricing models to predict customer behaviour
- Analyse price trials and competitor pricing data to support pricing optimisation
- Create forecasting models and clearly explain weekly and annual variance
- Reconcile, validate and prepare datasets to ensure pricing analysis and modelling inputs are robust
- Monitor pricing model performance over time and recommend corrective action where required
- Ensure all pricing activity aligns with FCA regulatory guidance
- Work closely with other squads in the business, including collaboration with the Pricing, Finance, Marketing and Insights teams
- Build strong working relationships with compliance colleagues to ensure pricing remains fair and compliant
Skills required:
- Degree in a numerical subject
- Experience in pricing, analytics or a relevant field such as Insurance, Banking or Finance, or a strong academic focus
- Solid understanding of pricing and analytical techniques
- Highly numerate with strong analytical and problem-solving capability
- Experience with visualisation tools such as Power BI or Tableau/ strong Excel
- If you have experience with Python or R this would be advantageous however is not essential for this role
- Strong delivery focus when handling complex analytical challenges
- Confident stakeholder management skills, being a strong communicator and able to build trust and credibility
- Commercially minded with good financial acumen
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!
Pricing Analyst - Commercial Trade employer: Datatech Analytics
Join a highly respected consumer-driven financial services organisation in Bristol, where you will have the opportunity to influence key pricing decisions that drive business performance and customer satisfaction. With a hybrid working model and a culture that fosters collaboration and professional growth, this role not only allows you to tackle complex analytical challenges but also positions you within a high-performing team dedicated to your success. Enjoy a supportive environment that values innovation and offers competitive benefits, making it an excellent place for your career development.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Analyst - Commercial Trade
✨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. Think about how you can demonstrate your experience with pricing models and data manipulation during the chat.
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications after a week or so. A quick email can show your enthusiasm and keep you on their radar.
✨Tip Number 4
Check out our website for more opportunities and apply directly! We’re always looking for talented individuals like you to join our team and make an impact.
We think you need these skills to ace Pricing Analyst - Commercial Trade
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Pricing Analyst. Highlight your experience with pricing models, data analysis, and any relevant tools like Power BI or Excel. 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 and how your analytical skills can drive our consumer pricing strategy. Keep it engaging and personal – we love a bit of personality!
Showcase Your Analytical Skills:In your application, don’t just list your skills; demonstrate them! Share specific examples of how you've tackled complex pricing challenges or improved processes in previous roles. We’re all about real-world impact here at StudySmarter.
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 Pricing Analyst, you'll be working with data all day long. Brush up on your numerical skills and be ready to discuss how you've used data in past roles. Prepare examples of how you've built or enhanced pricing models, and be ready to explain your thought process.
✨Understand the Market
Familiarise yourself with current market trends and competitor pricing strategies. Being able to discuss how these factors influence pricing decisions will show that you’re not just a number cruncher but also someone who understands the bigger picture.
✨Showcase Your Analytical Skills
Prepare to talk about specific analytical techniques you've used in previous roles. Whether it's forecasting models or price trials, have concrete examples ready to demonstrate your problem-solving capabilities and how they’ve led to successful outcomes.
✨Build Relationships
Since this role involves collaboration with various teams, think about how you can demonstrate your stakeholder management skills. Share experiences where you’ve successfully communicated complex data insights to non-technical colleagues, showing that you can build trust and credibility.
