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- Tasks: Lead the pricing strategy for motor or home insurance through data-driven models.
- Company: Join John Lewis Financial Services, a trusted name in retail and financial services.
- Benefits: Enjoy competitive pay, collaborative culture, and opportunities for professional growth.
- Why this job: Be at the forefront of pricing innovation and make a real impact on customer value.
- Qualifications: Expertise in Retail Price Optimisation and strong analytical skills required.
- Other info: This role offers the chance to shape pricing strategies from the ground up.
The predicted salary is between 43200 - 72000 £ per year.
About the role This is a fantastic and exciting time for John Lewis Financial Services and we are looking for two Senior Pricing Managers to deliver the pricing strategy for our motor or home insurance product through the delivery of price optimisation models. We\’re looking for experts with deep knowledge and experience of delivering Retail Price Optimisation models and you will have the opportunity to own the building of the Pricing models from inception and their ongoing development. Working collaboratively with our Analytics, Commercial and PCW teams you will be a key member of the team driving the success of either our motor or home product. Key responsibilities: As the Senior Pricing Manager, you will leverage data analysis to build price optimization models that deliver target volumes and profitability while guaranteeing customer value. You will monitor the performance of your models through a set of pricing dashboards and provide actionable insight to empower the further refinement and improvements. What will you be doing? Guiding the development and implementation of pricing strategies for motor or home. Developing in-depth knowledge of the motor or home market. Manage the development and maintenance of models that allow for accurate optimization across specified time horizons. Specify reporting that will enable careful monitoring of the business and…
Senior Pricing Manager employer: John Lewis & Partners Careers
Contact Detail:
John Lewis & Partners Careers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Manager
✨Tip Number 1
Familiarize yourself with the latest trends in pricing strategies, especially in the motor and home insurance sectors. Understanding current market dynamics will help you demonstrate your expertise during discussions.
✨Tip Number 2
Network with professionals in the insurance and pricing optimization fields. Engaging with industry experts can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Prepare to discuss specific examples of pricing models you've developed or optimized in the past. Being able to articulate your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Stay updated on data analysis tools and software commonly used in pricing optimization. Highlighting your proficiency with these tools can showcase your readiness to hit the ground running in this role.
We think you need these skills to ace Senior Pricing Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and requirements of the Senior Pricing Manager position. Highlight your experience with Retail Price Optimisation models and how it aligns with the role.
Showcase Relevant Experience: In your CV and cover letter, emphasize your previous work in pricing strategy, data analysis, and model development. Use specific examples that demonstrate your expertise in delivering successful pricing models.
Highlight Collaboration Skills: Since the role involves working with various teams, make sure to mention your experience in collaborative projects. Discuss how you have successfully worked with analytics, commercial, or other relevant teams in the past.
Tailor Your Application: Customize your application materials to reflect the language and values of John Lewis Financial Services. Use keywords from the job description to ensure your application stands out and resonates with the hiring team.
How to prepare for a job interview at John Lewis & Partners Careers
✨Showcase Your Expertise in Pricing Models
Be prepared to discuss your experience with Retail Price Optimisation models in detail. Highlight specific projects where you successfully developed and implemented pricing strategies, and be ready to explain the methodologies you used.
✨Demonstrate Data Analysis Skills
Since the role involves leveraging data analysis, come equipped with examples of how you've used data to drive pricing decisions. Discuss any tools or software you're proficient in that can aid in building price optimization models.
✨Collaborative Mindset
Emphasize your ability to work collaboratively with different teams, such as Analytics and Commercial. Share examples of past experiences where teamwork led to successful outcomes in pricing strategy development.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in pricing situations. Practice articulating your thought process and decision-making steps when faced with challenges related to pricing optimization.
