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- Tasks: Analyse pricing strategies and support commercial decisions with data-driven insights.
- Company: Join a respected financial services organisation focused on consumer needs.
- Benefits: Hybrid work model, competitive salary, and opportunities for career growth.
- Other info: Collaborative team environment with strong focus on professional development.
- Why this job: Make a real impact on pricing decisions and drive business performance.
- Qualifications: Degree in a numerical subject and experience in analytics or pricing.
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 (Trade) employer: Datatech Analytics
Contact Detail:
Datatech Analytics Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst (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. Use real examples from your experience to demonstrate how you've tackled pricing challenges and made data-driven decisions.
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications with a friendly email. It shows your enthusiasm and keeps you on their radar. Plus, it’s a great way to ask if they need any more info from you.
✨Tip Number 4
Check out our website for the latest job openings and apply directly. We’re always looking for talented individuals like you, and applying through us gives you a better chance to stand out!
We think you need these skills to ace Pricing Analyst (Trade)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Analyst role. Highlight your experience with pricing, analytics, and any relevant numerical subjects. We want to see how your skills align with what we're looking for!
Showcase Your Analytical Skills: In your application, don’t shy away from showcasing your analytical prowess. Mention specific tools like Power BI or Excel that you've used, and give examples of how you've tackled complex pricing challenges in the past.
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. We love seeing enthusiasm and a clear understanding of the role.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for this exciting opportunity. Don’t miss out!
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 pricing models or analyses you've conducted that had a real impact on business decisions.
✨Understand the Market
Familiarise yourself with current trends in pricing within the financial services sector. Research competitors and be prepared to discuss how their pricing strategies might influence your approach. Showing that you understand the market landscape will impress your interviewers.
✨Showcase Your Analytical Skills
Be ready to demonstrate your analytical prowess. Bring along examples of forecasting models or pricing trials you've worked on. If you have experience with tools like Power BI or Excel, mention specific projects where these skills made a difference.
✨Communicate Clearly
Strong communication is key in this role. Practice explaining complex pricing concepts in simple terms. Be prepared to discuss how you've built relationships with stakeholders in the past, as collaboration is crucial in this position.