At a Glance
- Tasks: Lead pricing strategy design and implementation to boost profitability and market competitiveness.
- Company: Join a reputable firm with over 30 years in aviation recruitment, known for high standards.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Be at the forefront of data-driven decision-making and collaborate across teams for impactful results.
- Qualifications: Bachelor's degree in a quantitative field; experience in pricing or financial analytics is essential.
- Other info: Remote work options may be available; apply with your CV to join a thriving team.
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.
Pricing Analyst employer: Line Up Aviation
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 the FMCG and e-commerce sectors. This knowledge will not only help you understand the market better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Brush up on your technical skills, particularly in Python, R, and SQL. Being able to demonstrate your proficiency in these tools can set you apart from other candidates and show that you're ready to tackle data-driven challenges.
✨Tip Number 3
Network with professionals in the pricing analytics field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data analysis to inform pricing decisions in your previous roles. Having concrete examples ready will demonstrate your experience and ability to contribute effectively to our team.
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. Focus on your analytical abilities, technical expertise in Python, R, SQL, and any experience with pricing strategies.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of pricing strategies and your ability to drive profitability. Mention specific examples from your past roles where you successfully implemented pricing models or conducted market analysis.
Highlight Technical Skills: Emphasise your advanced technical skills, particularly in data analysis and Excel. Include any relevant certifications in data science or analytics tools that can set you apart from other candidates.
Showcase Collaboration Experience: Since the role requires cross-functional collaboration, provide examples of how you've worked with teams in sales, finance, or procurement. This will demonstrate your ability to manage stakeholders effectively.
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 successful projects where your insights led to improved pricing strategies.
✨Understand the Market Landscape
Research the company and its competitors thoroughly. Understand their pricing strategies and market positioning. This knowledge will allow you to speak confidently about how you can contribute to maintaining competitiveness and driving profitability.
✨Demonstrate Collaboration Skills
This role requires working closely with various teams. Prepare to discuss how you've successfully collaborated with sales, finance, or procurement teams in the past. Share examples that highlight your stakeholder management skills and your ability to align pricing strategies with broader business goals.
✨Prepare for Technical Questions
Expect questions related to pricing models and data analysis techniques. Brush up on concepts like A/B testing, elasticity modelling, and sensitivity analysis. Being able to explain these concepts clearly will demonstrate your technical expertise and readiness for the role.