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For Companies At a Glance
- Tasks: Join us as a Pricing Analyst, conducting market research and data analysis to refine pricing strategies.
- Company: The Solution Automotive Recruitment has been connecting talent with the UK Motor Trade since 1999.
- Benefits: Enjoy a full-time role with job security, competitive salary, and opportunities for career growth.
- Why this job: Be part of a dynamic team, influence pricing strategies, and make a real impact in the automotive industry.
- Qualifications: Strong analytical skills, proficiency in Excel, and a passion for pricing; automotive experience is a plus.
- Other info: Apply today and work with a company that values personal connections over just being a consultant.
Our client is seeking a detail-oriented Pricing Analyst. This vital position merges pricing research, data analysis, and market intelligence to ensure they remain industry leaders. You will take ownership of refining their pricing strategy and manage their special offers portfolio.
Key Responsibilities
- Market Research - Conduct thorough market and competitor analyses to identify trends and pricing strategies that enhance our leasing offers.
- Data Analysis - Analyse vehicle costs, residual values, funding rates, and customer demand to develop and maintain profitable pricing models.
- Portfolio Management - Oversee our Special Offers portfolio to ensure it remains competitive, compelling, and commercially viable.
- Cross-Functional Collaboration - Work closely with teams in Sales, Marketing, Product, and Procurement to ensure alignment between pricing strategies and business objectives.
- Risk Management - Identify pricing discrepancies or potential margin risks and proactively propose effective solutions.
- Reporting - Generate regular pricing reports, dashboards, and forecasts to guide leadership in strategic decision-making.
- Industry Monitoring - Stay abreast of industry trends (such as EV advancements, manufacturer incentives, and macroeconomic factors) and advise on necessary pricing adjustments.
- Tool Development - Assist in the creation of pricing tools, automation processes, and intelligent decision-making systems.
What You Bring
- Analytical Expertise - A strong analytical mindset with keen attention to detail; you understand that numbers tell a deeper story.
- Advanced Skills - Proficiency in Excel or Google Sheets, intermediate to advanced level.
- Commercial Acumen - A genuine passion for accurate pricing and an understanding of market dynamics.
- Curiosity - An inherent inquisitiveness that drives you to challenge assumptions and explore underlying data.
- Communication - Strong ability to articulate complex pricing concepts to non-technical stakeholders effectively.
- Organisational Skills - Superior organisational abilities, with a proactive approach to managing multiple responsibilities in a fast-paced setting.
- Industry Insight - Experience in automotive, leasing, finance, or pricing roles is advantageous but not essential.
What We Offer
- Full-Time and Permanent Role - Enjoy job security in a full-time position with opportunities for long-term career growth.
- Competitive Salary - A salary range of 24,000 to 28,000, commensurate with experience.
Sound like you? Apply in confidence today!
Pricing Analyst employer: The Solution Auto
Contact Detail:
The Solution Auto Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in the automotive leasing sector. Understanding current market dynamics and competitor pricing strategies will give you an edge during interviews, showcasing your proactive approach and industry knowledge.
✨Tip Number 2
Brush up on your data analysis skills, particularly in Excel or Google Sheets. Being able to demonstrate your proficiency in these tools during discussions can set you apart, as they are crucial for the role of a Pricing Analyst.
✨Tip Number 3
Prepare to discuss how you would approach cross-functional collaboration. Think of examples where you've worked with different teams to achieve a common goal, as this is a key aspect of the role and will highlight your teamwork skills.
✨Tip Number 4
Stay updated on industry news, especially regarding electric vehicles and macroeconomic factors. Being able to speak knowledgeably about these topics will demonstrate your curiosity and commitment to staying informed, which is essential for a Pricing Analyst.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Pricing Analyst in the automotive leasing sector. Familiarise yourself with key terms like market research, data analysis, and portfolio management.
Tailor Your CV: Highlight your analytical skills and any relevant experience in pricing or the automotive industry. Use specific examples that demonstrate your ability to manage data and collaborate across teams.
Craft a Compelling Cover Letter: In your cover letter, express your passion for pricing strategies and market dynamics. Mention how your curiosity and communication skills can contribute to the company's success in the automotive leasing sector.
Showcase Relevant Skills: Emphasise your proficiency in Excel or Google Sheets, as well as your organisational skills. Provide examples of how you've used these tools in previous roles to analyse data or manage projects effectively.
How to prepare for a job interview at The Solution Auto
✨Showcase Your Analytical Skills
As a Pricing Analyst, your analytical expertise is crucial. Be prepared to discuss specific examples of how you've used data analysis to inform pricing strategies or improve profitability in previous roles.
✨Demonstrate Market Knowledge
Familiarise yourself with current trends in the automotive leasing sector. Discuss recent developments, such as EV advancements or market shifts, and how they could impact pricing strategies.
✨Prepare for Cross-Functional Scenarios
Since collaboration is key, think of examples where you've worked with different teams. Be ready to explain how you ensured alignment between pricing strategies and business objectives in those situations.
✨Communicate Complex Concepts Simply
You’ll need to articulate complex pricing concepts to non-technical stakeholders. Practice explaining your past projects or analyses in straightforward terms to demonstrate your communication skills.
