At a Glance
- Tasks: Drive pricing strategy and analysis to enhance business performance and decision-making.
- Company: Join LGC, a leader in diagnostics and environmental protection.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and continuous improvement.
- Why this job: Make a real impact by solving global challenges through data-driven pricing strategies.
- Qualifications: 3-5 years in pricing or finance, strong analytical skills, and proficiency in Excel and BI tools.
The predicted salary is between 45000 - 55000 £ per year.
At LGC, we partner with customers to help diagnose disease, develop medicines, ensure food safety and protect the environment. Our work supports scientists, healthcare professionals and industry around the world, helping solve some of today's most important global challenges.
As an Associate Pricing Business Partner, you'll combine commercial thinking with data-driven insight to influence pricing strategy, improve decision making and work closely with Finance, Commercial and Product teams across the Group. This is an excellent opportunity for someone with pricing, commercial finance or analytical experience who enjoys solving business problems through data. You'll own pricing reviews for your business area, deliver meaningful commercial insight and work with senior leaders to improve pricing decisions across multiple markets.
You’ll lead the development of pricing reporting and analysis, finding opportunities to improve efficiency and insight. This is a highly analytical role, ideal for someone confident in Excel and PowerPoint, with experience using business intelligence tools like Tableau and PowerBI. Success in this role means taking ownership, solving problems, and continuously improving the quality of decisions related to pricing in a fast-paced, evolving environment.
What you'll do:
- Business partnering
- Lead cross-functional pricing projects that improve commercial performance and operational efficiency.
- Partner alongside team members at every level of seniority on pricing projects and initiatives.
- Develop pricing recommendations and commercial analysis to support business growth.
- Find opportunities to use AI-enabled tools to streamline routine analysis, summarise complex information, improve materials and accelerate pricing decision support.
- Build strong relationships across the business and become a trusted pricing partner for commercial teams.
- Pricing review processes
- Own the pricing review process for the business unit, from creation of analysis, leading conversations with stakeholders, and ensuring implementation of new pricing into systems.
- Undertake analysis across product ranges, customers, and regions to find opportunities and challenges for consideration by the business.
- Support the continuous improvement of pricing review workflows, including exploring where automation, AI-assisted analysis or document generation can reduce manual effort while maintaining appropriate controls.
- Contribute thought leadership that supports with strategic decision making.
- Own improvements and efficiencies for the process, collaborating with the group pricing function to scale these to improve impact.
- Price analytics
- Oversee the creation, delivery and impact of regular price reporting, driving quality and efficiency improvements.
- Develop internal understanding of the impact of pricing decisions.
- Contribute to budgeting, forecasting, and performance tracking in collaboration with Finance and Commercial teams.
- Use AI-enabled tools responsibly to support data exploration, insight generation, scenario framing and communication of pricing recommendations, ensuring outputs are validated and commercially sound.
- Support the Head of Pricing with the evolution of pricing data and analytical capabilities and tools to drive efficiency and speed of decision making across the organisation.
Qualifications
We're seeking an analytical professional, with a solid foundation in data analysis, synthesising and presenting findings to drive decision making. We'll be looking for evidence of tangible impact from your work, as well as demonstration of a growth mindset and desire to learn and question.
- 3-5 years' experience in pricing, finance, or commercial roles, with a degree or relevant professional qualification.
- Strong analytical skills with advanced proficiency in Excel, Powerpoint, and knowledge of Tableau/Power BI.
- Excellent attention to detail and clear, engaging communication style.
- Ability to influence and present to external partners.
- Collaborative teammate, effective across all levels, with strong time and priority management.
- Fluent in English, with experience delivering pricing or related projects.
Other desirable skills include:
- Familiarity with Tableau, Power BI, IFS, SAP, Salesforce, or similar tools.
- Familiarity with Microsoft Copilot, ChatGPT, Power Automate, Python, SQL or other automation / AI-enabled productivity tools.
- Exposure to the Life Sciences industry.
Our Values:
- Passion
- Integrity
- Brilliance
- Respect
We are committed to ensuring that every job applicant and employee is valued for their individual talents. We strictly prohibit discrimination on the basis of age, disability, race, colour, ethnic or national origin, sex, sexual orientation, gender reassignment, marital or civil partnership, pregnancy or parental status, religion, or belief. We proudly support an inclusive work environment where everyone can compete and succeed based on their merits.
Associate Pricing Business Partner in City of Westminster employer: LGC Group
LGC Group is an exceptional employer that prioritises employee growth and collaboration, making it an ideal place for those looking to thrive in a remote work environment. With a strong focus on enhancing partner engagement and performance, employees benefit from a supportive culture that encourages innovation and strategic thinking. The company offers comprehensive training and development opportunities, ensuring that team members can advance their careers while contributing to meaningful projects within the TIC sector.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Pricing Business Partner in City of Westminster
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LGC Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate Pricing Business Partner in City of Westminster
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LGC Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LGC Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LGC Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LGC Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LGC Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LGC Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
