At a Glance
- Tasks: Develop and enhance pricing models to influence discounting decisions and support profitability.
- Company: Join RAC's Consumer Pricing & Value team, a leader in the industry.
- Benefits: Enjoy competitive salary, hybrid work, 25 days leave, and share scheme.
- Other info: Collaborative environment with opportunities for continuous improvement and career growth.
- Why this job: Make a real impact on pricing strategies while growing your analytical skills.
- Qualifications: Experience in pricing or analytics; strong numerical and problem-solving skills required.
The predicted salary is between 35000 - 42000 £ per year.
RAC has an exciting opportunity for a Pricing Discount Modelling Analyst to join our Consumer Pricing & Value team. This role offers significant opportunity to influence RAC’s discounting and pricing decisions across our largest P&L, supporting trading performance, profitability and customer outcomes. Working alongside experienced pricing specialists, you’ll help develop and enhance discount and pricing models using expert analysis, market insight and innovation. This is a hands‑on analytical role where your work directly supports real commercial decisions. If you enjoy building models, analysing customer behaviour, testing new approaches and seeing your insight land in live pricing decisions, this role offers a strong next step in your pricing career.
What You’ll Do
- Pricing, Discounting & Modelling
- Support delivery of Consumer pricing strategy and initiatives, driving trading performance and profitability
- Develop and enhance discount and pricing models to predict customer behaviour (propensity to buy, cancel or claim)
- Use statistical modelling tools (e.g. Emblem, Python) to improve predictiveness and model performance
- Analyse price trials and competitor pricing data to support price and discount optimisation
- Build forecasting models and explain weekly and annual variances versus forecast
- Data, Validation & Optimisation
- Reconcile, validate and prepare datasets to ensure modelling inputs are robust
- Explore new data sources, modelling techniques and tools to enhance pricing insight
- Monitor and validate model performance over time, recommending corrective action where required
- Support optimisation activity using behavioural and pricing data
- Governance, Regulation & Collaboration
- Ensure pricing and discounting decisions align with FCA regulatory guidance
- Adhere to governance and pricing sign‑off processes
- Work closely with Acquisition and Retention Squads, Pricing, Finance, Marketing and Insights teams
- Build strong working relationships with compliance partners
What You’ll Bring
- Skills, Knowledge & Experience
- Experience in pricing, analytics or a relevant field such as Insurance, Banking or Finance
- Experience in discount modelling desirable
- Strong understanding of pricing and analytical techniques (e.g. GLMs / GBMs)
- Highly numerate with strong analytical and problem‑solving skills
- Experience using SQL, Snowflake or SAS
- Experience with visualisation tools such as Power BI or Tableau
- Experience with modelling tools
- Exposure to optimisation tools (Radar Optimiser, Earnix) beneficial but not essential
- Personal Attributes
- Strong delivery focus when handling complex analytical challenges
- Confident stakeholder manager with the ability to build trust and credibility
- Commercially minded with good financial awareness
- Comfortable working in a fast‑moving, regulated environment
- Continuous improvement mindset
- Qualifications
- Relevant numerate degree or post‑graduate qualification
Location | Working Pattern | Salary
This role follows a hybrid model, with required office attendance in our Bristol office twice per week, Tues & Wed. Salary aligned with market and experience, plus a conditional annual bonus.
Earnings That Motivate
Enjoy a competitive salary plus automatic enrolment in our Owning It Together Colleague Share Scheme, giving you a unique opportunity to share in RAC’s future success.
Tools to Drive Your Future
Get started with a free RAC Ultimate Complete Breakdown Service from day one, plus access to a car salary sacrifice scheme (including electric vehicles) after 12 months, delivering serious tax savings.
Time Off That Matters
Enjoy 25 days annual leave, plus bank holidays. We also support work‑life balance with paid family leave, flexible schedules and practical resources to help navigate personal commitments.
Financial Security & Perks
Benefit from a pension scheme with up to 6.5% matched contributions alongside life assurance cover of 4× salary (10× optional with flex benefits), designed to support you long term.
Wellbeing That Works for You
Our 24/7 confidential support service is available to you and household members aged 16+, offering reassurance whenever you need it.
Extras That Make a Difference
Access Orange Savings, our exclusive discount portal with deals across top retailers, holidays, tools, tech and more. After passing probation, you’ll automatically join our Colleague Share Scheme, giving you a stake in our collective success.
Pricing Discount Modelling Analyst employer: RAC
RAC in Weston-super-Mare is an excellent employer, offering a supportive work culture that values teamwork and innovation. As a Recovery Driver, you will benefit from competitive pay, extensive benefits including pension and life cover, and opportunities for personal and professional growth within a leading roadside assistance provider. Join us to make a meaningful impact while enjoying a balanced work-life schedule with our 4 on/4 off shift pattern.
