At a Glance
- Tasks: Lead pricing strategy and team to drive revenue growth and profitability.
- Company: Join Rexel, a global leader in electrical wholesaling and smart solutions.
- Benefits: Enjoy 33 days annual leave, bonuses, and extensive learning opportunities.
- Other info: Diverse and inclusive culture fostering creativity and collaboration.
- Why this job: Shape pricing strategies that impact the business and enhance customer satisfaction.
- Qualifications: Experience in pricing strategy and strong analytical skills required.
The predicted salary is between 55000 - 65000 £ per year.
Looking to join a business where your expertise can shape strategy, drive performance, and unlock sustainable growth? Wanting a new role where you can lead commercial impact at scale? Rexel is a worldwide electrical wholesaler and expert in distributing electric and energy-efficient products and services. Our goal is to provide smart electrical solutions that improve the comfort, safety and security of our customers’ homes, businesses, and industries.
We’re looking for fresh thinkers, team players, and positive individuals like you to be part of our journey.
The Benefits of a Career with Rexel
- Company Car Scheme
- Contributory pension scheme and life assurance
- Bonuses: Performance Related Bonus scheme
- Time Off: 33 days annual leave (including bank holidays, increasing throughout the years too!) You can also buy and sell holiday each year
- Enhanced parental leave
- Support & Development: Extensive learning opportunities from day one
- Health & Wellbeing: Private Medical Insurance / Free virtual GP service, Healthy Mind Champions, and more!
- Perks: Staff discounts, exclusive holiday offers and free financial support and education
Job Description
As Head of Pricing, you will lead Rexel’s pricing team and pricing strategy, with a clear focus on solving pricing challenges, driving revenue growth, and improving profitability. Using data, analytics, and commercial insight, you will develop sustainable pricing solutions that deliver both short- and long-term margin improvement.
This is a highly influential role, responsible for shaping pricing direction across the business, leading high-value and complex projects, and working closely with senior stakeholders to identify opportunities, optimise performance, and deliver practical commercial solutions.
Some of the key accountabilities will see you:
- Lead and develop a high-performing team of pricing analysts, building capability and talent across the function
- Define and drive the strategic direction for pricing initiatives, managing multiple projects simultaneously
- Partner with cross-functional teams to develop joined-up pricing solutions that support commercial objectives
- Present complex pricing strategies, recommendations, and insights in a clear and actionable way to branches and senior stakeholders
- Identify new business opportunities and respond at pace to changing market conditions
- Design and implement pricing strategies that maximise revenue, profitability, and market share
- Develop and refine pricing models using advanced analytics, market research, and competitor analysis
- Evaluate different pricing approaches including value-based, dynamic, and cost-plus pricing, recommending the most appropriate solution
- Oversee project plans, models, deliverables, quality control, and risk mitigation
- Stay informed on industry trends, pricing innovation, and the competitive landscape
- Lead knowledge sharing and training to build a culture of pricing excellence
- Leverage data analytics, AI, and machine learning tools to generate deeper pricing insights
- Ensure all pricing recommendations align with regulatory, legal, and ethical standards
Qualifications
At Rexel, we prioritise hiring individuals based on behaviours and potential, rather than requiring specific formal qualifications for roles. The behaviours that will set you up for success as our new Head of Pricing include:
- COLLABORATION: Building partnerships and working collaboratively with others to achieve shared objectives
- TAKES ACCOUNTABILITY: Taking action, overcoming obstacles, and meeting commitments
- CUSTOMER FOCUS: Building strong customer relationships and delivering customer-centric solutions
- BUSINESS INSIGHT: Applying knowledge of the business and marketplace to advance organisational goals
- DECISION QUALITY: Making good and timely decisions that keep the organisation moving forward
- DRIVES RESULTS: Consistently achieving results, even under tough circumstances
In addition to these behaviours you will benefit from a:
- Demonstrable pricing strategy experience with a strong understanding of value drivers within corporate and/or private equity clients
- Track record of leading high-value, complex projects with multi-disciplinary teams in a consulting or corporate environment
- Experience supporting or leading high-value business development activity with C-level stakeholders
- Ability to evaluate complex challenges and deliver clear, actionable recommendations
- Strong numerical, analytical, and commercial acumen
- Experience using data analytics and technology to inform pricing and commercial strategy
Additional Information
At Rexel UK, we’re all about welcoming people from different backgrounds, experiences, and perspectives because we know that diversity drives fresh ideas and great results. By coming together as one team, we’re building a high-performance culture that not only drives success but also creates real value for our customers and communities. Creating an environment where individuality is celebrated and creativity flourishes, we’re making sure everyone feels supported and confident to be their best.
Head of Pricing employer: Rexel
Rexel is an exceptional employer that fosters a high-performance culture, encouraging collaboration and innovation among its diverse workforce. With extensive benefits including a company car scheme, generous annual leave, and comprehensive health and wellbeing support, employees are empowered to thrive both personally and professionally. The role of Head of Pricing offers unique opportunities for growth, leading a talented team while shaping strategic pricing initiatives that drive commercial success across the business.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Pricing
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Rexel. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Pricing
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Rexel.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Rexel's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Rexel
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Rexel.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Rexel will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Rexel employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
