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For Companies At a Glance
- Tasks: Lead pricing strategy design and implementation to boost profitability and market competitiveness.
- Company: Join Line Up Aviation, a leader in global recruitment for the aviation and aerospace sectors.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Be part of a pivotal role that drives data-driven decisions and supports business growth.
- Qualifications: Bachelor's degree in a quantitative field; experience in pricing or financial analytics required.
- Other info: Work with top industry players and gain exposure to advanced data analysis tools.
The predicted salary is between 28800 - 43200 £ per year.
We are thrilled to offer a fantastic opportunity for a Pricing Analyst to join our clients team. Our client is looking for a seasoned Pricing Analyst to lead the design, implementation, and continuous improvement of pricing strategies that drive profitability while maintaining market competitiveness. This role is pivotal in strengthening pricing intelligence and enabling real-time, data-driven decision-making to support business growth.
Location: Hemel Hempstead
Key Responsibilities:
- Create and maintain a standardised pricing structure for all products, including differentiated tiers (Gold, Silver, Tail, Web).
- Implement dynamic pricing models responsive to market conditions to optimise margin performance.
- Ensure pricing includes full landed cost components such as freight and import duties.
- Design, implement, and manage pricing models to support bids, tenders, and quoting processes.
- Conduct in-depth analysis of historical sales, market trends, competitor activity, customer segmentation, and product lifecycle data to inform strategic pricing decisions.
- Collaborate cross-functionally with sales, finance, and procurement teams to ensure pricing decisions are commercially and operationally viable.
- Monitor customer-specific pricing and margin performance, flagging opportunities for improvement.
- Maintain pricing data integrity within ERP and reporting systems.
- Deliver regular reports and dashboards with insights into pricing KPIs, profitability, and market trends.
Required Skills & Experience for the role:
- All Applicants Must hold the right to work and live in the UK.
- Bachelor's degree in Business, Finance, Economics, Mathematics, or a related quantitative field.
- Further certification in data science, pricing strategy, or analytics tools is desirable.
- Proven experience in pricing, commercial, or financial analytics roles, ideally across FMCG, e-commerce, or related sectors.
- Advanced technical expertise in Python, R, SQL for data analysis and automation.
- Strong modelling capabilities including A/B testing, elasticity modelling, segmentation, clustering, sensitivity/scenario analysis, and conjoint analysis.
- Proficiency in Advanced Excel, including Macros/VBA and Power BI.
- Demonstrated ability to work with large, complex datasets and translate findings into commercial insights.
- Excellent collaboration and stakeholder management skills.
- Familiarity with ERP systems and pricing databases.
Contact Detail:
Line Up Aviation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies, especially in FMCG and e-commerce sectors. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your understanding of market dynamics.
✨Tip Number 2
Brush up on your technical skills, particularly in Python, R, and SQL. Being able to showcase your proficiency in these tools can set you apart from other candidates, as they are crucial for data analysis in this role.
✨Tip Number 3
Network with professionals in the pricing and analytics field. Attend industry events or webinars to connect with potential colleagues and learn about the latest practices, which can give you an edge in your application.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data to drive pricing decisions in past roles. Being able to articulate your experience with A/B testing, elasticity modelling, and other analytical techniques will demonstrate your capability for the position.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Pricing Analyst role. Emphasise your expertise in pricing strategies, data analysis, and any specific tools mentioned in the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for pricing analytics and how your background makes you a perfect fit for the role. Mention specific examples of past achievements that demonstrate your ability to drive profitability and market competitiveness.
Highlight Technical Skills: Since the role requires advanced technical expertise in Python, R, SQL, and Excel, ensure these skills are prominently featured in your application. Provide examples of how you've used these tools in previous roles to achieve results.
Showcase Collaboration Experience: The job involves working cross-functionally with various teams. Include examples in your application that illustrate your collaboration and stakeholder management skills, demonstrating how you've successfully worked with others to achieve common goals.
How to prepare for a job interview at Line Up Aviation
✨Showcase Your Analytical Skills
As a Pricing Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used data analysis in previous roles, particularly with tools like Python, R, or SQL. Highlight any projects where your insights led to improved pricing strategies or profitability.
✨Understand the Market Landscape
Research the company and its competitors thoroughly before the interview. Understand their pricing strategies and market positioning. This knowledge will allow you to speak intelligently about how you can contribute to their pricing models and help them stay competitive.
✨Demonstrate Collaboration Skills
This role requires working closely with various teams. Prepare to share examples of how you've successfully collaborated with sales, finance, or procurement teams in the past. Emphasise your communication skills and how you ensure that pricing decisions are viable across departments.
✨Prepare for Technical Questions
Expect technical questions related to pricing models and data analysis techniques. Brush up on concepts like A/B testing, elasticity modelling, and scenario analysis. Being able to explain these concepts clearly will demonstrate your expertise and readiness for the role.
