At a Glance
- Tasks: Support pricing strategies and analyse customer behaviour to drive business performance.
- Company: Join RAC, a leading organisation with over 128 years of experience in supporting drivers.
- Benefits: Competitive salary, flexible working, 25 days leave, and access to exclusive discounts.
- Other info: Collaborative environment with excellent learning and career progression opportunities.
- Why this job: Kickstart your career in pricing with hands-on experience and real impact from day one.
- Qualifications: Strong numerical degree and interest in data modelling or financial services.
The predicted salary is between 25000 - 32000 £ per year.
About The Role
RAC has an exciting opportunity for a Graduate Pricing Discount Modelling Analyst to join our Consumer Pricing & Value team. This is a fantastic entry point into pricing, offering the chance to influence real business decisions from the start. You’ll support RAC’s discounting and pricing strategy across our largest P&L, helping drive trading performance, profitability and customer outcomes. Working alongside experienced pricing specialists, you’ll develop your technical and commercial skills in a hands‑on, supportive environment. If you enjoy working with data, building models, analysing customer behaviour and seeing your insights make a real impact, this role offers an excellent foundation for a career in pricing.
What You’ll Do
- Pricing, Discounting & Modelling
- Support delivery of Consumer pricing initiatives to drive performance and profitability
- Assist in developing and enhancing pricing and discount models to predict customer behaviour (e.g. likelihood to buy, cancel or claim)
- Use statistical tools (e.g. Python, Emblem) to build and improve models
- Analyse pricing tests, market trends and competitor activity
- Support forecasting and help explain weekly and annual performance variances
- Data, Validation & Optimisation
- Prepare, clean and validate datasets to ensure modelling accuracy
- Explore new data sources and techniques to improve pricing insights
- Monitor model performance and support ongoing optimisation activity
- Assist in analysing behavioural and pricing data to identify opportunities
- Governance, Regulation & Collaboration
- Ensure pricing decisions align with FCA regulatory guidance (training provided)
- Follow governance and pricing approval processes
- Work collaboratively with Pricing, Finance, Marketing and Insight teams
What You’ll Bring
- Skills, Knowledge & Experience
- A strong numerical degree (e.g. Maths, Statistics, Economics, Data Science or similar)
- Strong analytical thinking and problem‑solving ability
- Interest in pricing, data modelling or financial services
- Some exposure (academic or personal projects) to:
- Statistical techniques (e.g. regression, GLMs, GBMs)
- Programming or data tools (e.g. Python, SQL, R, SAS)
- Data visualisation tools (e.g. Power BI, Tableau) – desirable but not essential
- A willingness to learn modelling tools and pricing techniques
- Personal Attributes
- Curious mindset and eagerness to learn
- Strong attention to detail and accuracy
- Ability to communicate insights clearly to different audiences
- Collaborative approach with good interpersonal skills
- Comfortable working in a fast‑paced, regulated environment
Why Join RAC as a Graduate?
- Build Your Career - Learn from experienced pricing specialists and gain hands‑on experience with real commercial impact from day one
- Earnings That Motivate - Competitive salary plus enrolment in our Owning It Together Colleague Share Scheme.
- Tools to Drive Your Future - Free RAC Ultimate Complete Breakdown Service and access to a car salary sacrifice scheme (including EVs).
- Time Off That Matters - 25 days annual leave plus bank holidays, alongside flexible working support.
- Financial Security & Perks - Pension with up to 6.5% matched contributions and life assurance of 4× salary.
- Wellbeing That Works for You - 24/7 confidential support service available to you and your household.
- Extras That Make a Difference - Access to Orange Savings, offering discounts across retailers, travel and tech.
Why RAC?
For more than 128 years, RAC has been keeping drivers moving, supporting over 15 million members. With a strong culture of support, learning and progression (reflected in our 4.5‑star Glassdoor rating), this is a place where you can build a meaningful and impactful career.
Graduate Pricing Discount Modelling Analyst in Bristol employer: RAC
RAC is an exceptional employer that offers a dynamic and supportive environment for aspiring professionals, particularly in the role of Graduate Pricing Discount Modelling Analyst. With a strong emphasis on employee development, competitive benefits including a share scheme and flexible working options, and a commitment to fostering a culture of collaboration and learning, RAC provides a solid foundation for a rewarding career in pricing and data analysis. Join us to make a real impact while enjoying a healthy work-life balance and access to valuable resources.
StudySmarter Expert Advice🤫
We think this is how you could land Graduate Pricing Discount Modelling Analyst in Bristol
✨Get Involved with Campus Finance Societies
Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!
✨Attend Industry Workshops and Webinars
Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like RAC.
✨Leverage LinkedIn for Informational Interviews
Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.
✨Apply Directly through Company Websites
Don't just rely on job boards. Head directly to RAC's careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!
We think you need these skills to ace Graduate Pricing Discount Modelling Analyst in Bristol
Some tips for your application 🫡
Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!
Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!
Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!
Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!
How to prepare for a job interview at RAC
✨Brush Up on Your Financial Knowledge
Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.
✨Show Off Your Analytical Skills
Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.
✨Demonstrate Your Team Spirit
As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.
✨Prepare Thoughtful Questions
Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.
