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- Tasks: Develop and maintain pricing models while analysing large datasets to identify trends.
- Company: Join a growing PE-backed manufacturing business in Blackpool with a hybrid work model.
- Benefits: Competitive salary, study support for professional qualifications, and hands-on experience.
- Other info: Collaborative team environment with opportunities for continuous learning and development.
- Why this job: Kickstart your career in pricing and analytics with exposure to senior stakeholders.
- Qualifications: Degree in a numerate subject and strong analytical skills required.
The predicted salary is between 40000 - 60000 £ per year.
Location: Blackpool - Hybrid
Salary: £40,000 - £60,000 DOE
Sowena have partnered with a growing, PE-backed manufacturing business, who are looking for a pricing analyst to join their growing team. This role is perfect for a new graduate or a part qualified professional (e.g. actuarial, finance, or data-related disciplines), looking to develop their career in pricing, actuarial, analytics or insurance. This is an excellent opportunity to gain hands-on experience in a commercial environment with exposure to senior stakeholders.
Key Responsibilities
- Assist in the development and maintenance of pricing models, helping define dynamic pricing logic that responds to demand signals, cost inputs and competitive positioning
- Support rate reviews and pricing adjustments based on performance and market conditions
- Ensure data accuracy and integrity across pricing systems
- Analyse large datasets to identify trends, patterns, and pricing opportunities
- Monitor portfolio performance, including profitability and customer behaviours
- Identify under-penetrated categories, segments and geographic areas when pricing adjustments can unlock incremental demand
- Monitor supplier performance, analysing how dynamic buy in prices can be defined and developed, whilst maximising overall performance and profitability
- Produce regular reports and dashboards for internal stakeholders
- Collaborate with finance and data teams to improve pricing strategies
- Conduct competitor and market analysis
- Define and track key pricing and commercial KPIs
- Enhance existing governance and processes, improving efficiencies and driving ‘on-system’ improvements
- Contribute to the broader commercial strategy with regular communication to key stakeholders, including sales and account management
Skills & Experience
Essential:
- Degree in a numerate subject (e.g. Mathematics, Statistics, Economics, Data Science, Actuarial Science)
- Strong analytical, critical thinking and problem-solving skills
- Proficiency in Excel (e.g. pivot tables, formulas, data analysis)
- Good attention to detail and ability to work with large datasets
- Strong communication skills, both written and verbal
- Commercially aware with an interest in pricing and risk
- Resilient and motivated, able to work efficiently under pressure and tight deadlines
- Eager to learn and continuously develop skills
- Team player with a collaborative mindset
Desirable:
- Experience with SQL, Python, R, or similar analytical tools
- Knowledge of insurance or financial services
- Progress towards a professional qualification (e.g. actuarial exams, CII, ACCA)
- Experience with data visualisation tools (e.g. Power BI, Tableau)
Benefits: Study support through a professional qualification offered
Pricing Analyst in Blackpool employer: Sowena Group
Contact Detail:
Sowena Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst in Blackpool
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to pricing analysis. Use real-life examples from your studies or internships to showcase your skills and knowledge.
✨Tip Number 3
Show off your analytical skills! Bring along examples of your work with data, whether it’s reports, dashboards, or projects. This will demonstrate your ability to handle large datasets and draw insights.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Pricing Analyst in Blackpool
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Analyst role. Highlight any relevant experience or skills that match the job description, especially your analytical and problem-solving abilities. We want to see how you can contribute to our team!
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 in a numerate subject makes you a great fit. Don’t forget to mention your eagerness to learn and grow with us at StudySmarter.
Showcase Your Skills: Be sure to highlight your proficiency in Excel and any experience with data analysis tools like SQL or Python. If you've worked with large datasets or have insights into market analysis, let us know! We love seeing those skills in action.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we’re excited to see what you bring to the table!
How to prepare for a job interview at Sowena Group
✨Know Your Numbers
As a Pricing Analyst, you'll be dealing with data all the time. Brush up on your analytical skills and be ready to discuss how you've used data in past projects or studies. Be prepared to explain your thought process when analysing trends or patterns.
✨Excel is Your Best Friend
Make sure you're comfortable with Excel, especially pivot tables and formulas. You might be asked to demonstrate your skills during the interview, so practice beforehand. Show them you can handle large datasets with ease!
✨Understand the Market
Do your homework on the company and its competitors. Familiarise yourself with current market trends and pricing strategies in the manufacturing sector. This will not only impress your interviewers but also help you answer questions more effectively.
✨Communicate Clearly
Strong communication skills are key for this role. Practice explaining complex concepts in simple terms. During the interview, make sure to articulate your thoughts clearly and confidently, especially when discussing your analytical findings or pricing strategies.