At a Glance
- Tasks: Drive pricing strategies and analyse data to influence business decisions.
- Company: Respected financial services organisation with a consumer-driven focus.
- Benefits: Hybrid work model, career growth opportunities, and a dynamic team environment.
- Other info: Collaborate with diverse teams and tackle complex analytical challenges.
- Why this job: Shape pricing strategies that impact real customer outcomes and business profitability.
- Qualifications: Degree in a numerical subject and experience in pricing or analytics.
The predicted salary is between 35000 - 45000 £ per year.
Bristol Hybrid (2 days per week in office)
Job Reference J13086
About the Role
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
- 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
Pricing Strategy Analyst - Hybrid, Drive Revenue & Growth employer: Datatech Analytics
Join a highly respected consumer-driven financial services organisation in Bristol, where you will thrive in a dynamic hybrid work environment that fosters growth and innovation. With a strong emphasis on employee development, you will have the opportunity to influence key pricing strategies while collaborating with talented teams across the business. Enjoy a culture that values analytical thinking and problem-solving, all while contributing to meaningful commercial decisions that drive revenue and enhance customer outcomes.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Strategy Analyst - Hybrid, Drive Revenue & Growth
✨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 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 – we’re always looking for talent!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role and keeping you top of mind for the hiring team.
We think you need these skills to ace Pricing Strategy Analyst - Hybrid, Drive Revenue & Growth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Pricing Strategy 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 our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about this role and how your background in analytics and pricing can drive revenue and growth for us. Keep it engaging and personal!
Showcase Your Analytical Skills:In your application, don’t shy away from showcasing your analytical prowess. Mention specific projects where you’ve tackled complex pricing challenges or used data to influence decisions. We love seeing real examples of your work!
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 the role. Plus, it’s super easy to do!
How to prepare for a job interview at Datatech Analytics
✨Know Your Numbers
As a Pricing Strategy Analyst, you'll be working with data all the time. Brush up on your numerical skills and be ready to discuss how you've used data in past roles. Think about specific examples where your analysis led to real business decisions.
✨Understand the Market
Familiarise yourself with current pricing trends in the financial services sector. Be prepared to talk about competitor pricing strategies and how they might influence your approach. Showing that you’re aware of the market landscape will impress your interviewers.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with analytical tools like Excel, Power BI, or Tableau. Bring examples of how you've built models or conducted analyses that drove revenue or improved profitability. This is your chance to shine!
✨Communicate Clearly
Strong communication is key in this role. Practice explaining complex pricing concepts in simple terms. You might be asked to present your findings or recommendations, so being able to convey your insights clearly will set you apart from other candidates.