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For Companies At a Glance
- Tasks: Analyse pricing strategies and develop models to influence real commercial decisions.
- Company: Join RAC, a trusted name in the industry for over 128 years.
- Benefits: Enjoy competitive salary, flexible work, and generous annual leave.
- Other info: Collaborative environment with excellent career growth opportunities.
- Why this job: Make a real impact on pricing decisions while developing your analytical skills.
- Qualifications: Experience in pricing or analytics, with strong numerical skills required.
The predicted salary is between 35000 - 45000 £ 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.
Why RAC?
For more than 128 years, we’ve been keeping drivers moving, and today we’re trusted by over 15 million members. We’re also trusted by our people, with a 4.5‑star Glassdoor rating showing that RAC is a place where support, ambition and opportunity go hand in hand.
Ready to Apply?
If you’re excited to use data, modelling and commercial insight to shape real pricing and discounting decisions, we’d love to hear from you. Apply today and help shape the future of pricing at RAC.
Pricing & Discounts Analyst employer: RAC
Contact Detail:
RAC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing & Discounts Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at RAC or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for interviews by practising common questions related to pricing and analytics. Think about how your skills in statistical modelling and customer behaviour analysis can shine through in your answers.
✨Tip Number 3
Showcase your analytical skills with real examples! Be ready to discuss specific projects where you’ve developed models or optimised pricing strategies. This will demonstrate your hands-on experience and problem-solving abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the RAC team.
We think you need these skills to ace Pricing & Discounts Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Pricing & Discounts Analyst role. Highlight any relevant analytical experience, especially in pricing or discount modelling, to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing and how your background makes you a great fit for our team. Don’t forget to mention any specific tools or techniques you’ve used.
Showcase Your Analytical Skills: Since this role is all about analysis, be sure to include examples of how you've used data to drive decisions in previous roles. Whether it's using statistical modelling tools or analysing customer behaviour, we want to see your analytical prowess!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and helps us get to know you better. Plus, it’s super easy!
How to prepare for a job interview at RAC
✨Know Your Numbers
As a Pricing & Discounts Analyst, you'll be expected to have a strong grasp of analytical techniques. Brush up on your statistical modelling skills and be ready to discuss how you've used tools like Python or SQL in past roles. Prepare examples that showcase your ability to analyse customer behaviour and optimise pricing strategies.
✨Showcase Your Problem-Solving Skills
This role involves tackling complex analytical challenges, so be prepared to demonstrate your problem-solving abilities. Think of specific instances where you’ve successfully navigated difficult data issues or improved model performance. Highlight your continuous improvement mindset and how it has benefited your previous teams.
✨Understand the Business Context
Familiarise yourself with RAC’s business model and how pricing impacts profitability and customer outcomes. Be ready to discuss how your insights can influence real commercial decisions. Showing that you understand the broader implications of pricing strategies will set you apart from other candidates.
✨Build Relationships
Collaboration is key in this role, so think about how you can demonstrate your stakeholder management skills. Prepare to talk about how you've built trust and credibility with colleagues in the past. Emphasise your experience working with cross-functional teams, as this will be crucial for success in the position.