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- Tasks: Shape pricing strategy and deliver commercial impact in a dynamic consumer-focused organisation.
- Company: Join a respected company with a collaborative culture and a focus on innovation.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Exciting referral schemes and a chance to work with leading analytics professionals.
- Why this job: Make a real impact on pricing decisions and business performance through analytical expertise.
- Qualifications: Degree in a numerical subject and strong pricing experience in relevant fields.
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 Bristol employer: Datatech
Contact Detail:
Datatech Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst - Consumer Pricing in Bristol
✨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
Show off your data skills! Bring along examples of your predictive models or visualisations to discuss during interviews. This will help you stand out and show that you're ready to hit the ground running.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Pricing Analyst - Consumer Pricing in Bristol
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!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past work where you’ve used predictive models or optimised pricing strategies. This helps us see your impact in action.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you’re excited about this role and how you can contribute to our pricing strategy. Keep it engaging and relevant to the job description.
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
✨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 focused on numbers but also understand the broader commercial context.
✨Build Relationships
Strong stakeholder management is key in this role. Think about how you've successfully collaborated with different teams in the past. Be ready to share specific examples of how you’ve built credibility and trust with stakeholders, as well as how you’ve contributed to cross-functional problem-solving.