At a Glance
- Tasks: Join the Pricing team to analyse and deliver competitive pricing strategies.
- Company: Toyota Financial Services UK, a leader in automotive finance.
- Benefits: Hybrid working, generous leave, private healthcare, and learning opportunities.
- Other info: Supportive culture with personal development and fun team events.
- Why this job: Gain commercial insights and analytical skills in a dynamic environment.
- Qualifications: Strong A-Levels in relevant fields and proficiency in Excel.
The predicted salary is between 35000 - 45000 £ per year.
Toyota Financial Services UK are looking for an individual to join their Pricing team in the role of Pricing Analyst, working initially in a 12-15 month fixed term contract.
The role in a nutshell: Working with the Pricing team to deliver high quality pricing outputs, supporting senior management to make commercial decisions.
A bit about the ‘Department’: The Pricing Team are responsible for the pricing of new business written by TFSUK, including Toyota, Lexus and Mazda new quarterly market campaigns and used car finance packages and offers. They are also responsible for the pricing of Fleet Finance packages and offers, wholesale funding opportunities, and the administration of insurance products sold by the dealer network. They work across functions with colleagues from Sales, Marketing and Treasury, aiming to balance the need to provide shareholder value whilst going to market with the most competitive offer.
What you’ll be doing:
- Working with the Pricing team on the pricing of National Marketing Campaigns and subsidy costs
- Preparation / analysis of Centre Profitability Projections for review by Pricing governance in partnership with Sales Team
- Preparation of month end deliverables including reporting on Yield, Borrowing costs and TFS penetration metrics
- Ensuring work is in adherence with the agreed Pricing policies and procedures
- Support in the development of new Pricing models as required
Experience you’ll gain:
- Commercial understanding of how Toyota Financial Services operates in the UK market
- Analytical skills and stakeholder management
- Ability to problem solve in response to ad hoc queries for insight based on data
- Working within a dynamic and fast-paced environment that encourages personal development and fosters growth
- Supportive work relationship with management board and fellow team members
What you’ll get to own:
- Relationship between Pricing and the Sales and Marketing departments.
- Quarterly new vehicle campaign Pricing process
- General day-to-day running of the Pricing deliverables
Requirements Key Experience & Skills:
- Strong A-Levels or equivalent in Accountancy, Business Studies, Maths, Statistics or related fields
- 3-5 years work experience
- Proficiencies in using Microsoft Office software, particularly Excel at an intermediate level or above (i.e. Formulas, Macros, Pivot Tables).
- Experience working in a Product/Pricing team would be desirable
- Exposure to the Financial Services sector would also be desirable
Attributes & Behaviours:
- Good time management and organisational skills
- Strong analytical ability
- Commercial awareness and understanding
- Strong written and verbal communication, including confidence in presenting
- Self-motivated and proactive worker
- Keen attention to detail
- Able to work effectively with all levels of staff and external partners.
Benefits At Toyota Financial Services (TFS) it is more than just an externally bench-marked salary and bonus, we also offer:
- Hybrid working pattern is 2 days in the office and 3 days from a location of your choice
- Access to attractive car schemes for you (& your family) for Toyota & Lexus cars
- Excellent pension scheme (up to 6% employee contribution and 15% employer contribution)
- Generous annual leave of 25 days which increases with service and holiday purchase option
- Private Medical Healthcare (single, partner/spouse and dependent children) with Digital GP Service
- Group Income Protection cover with Aviva including physical, mental, and financial wellbeing services
- Employee Assistance Program
- Eye tests
- Onsite gym, Sports and Social Club, & flu jabs to keep you healthy
- Wellbeing hour each month and many more initiatives throughout the year to encourage a healthy mind and body, and to raise awareness and celebrate diversity, equity and inclusion
- Dress for your day policy to make you feel comfortable at work
- Eco HQ, free parking & restaurant
- Two volunteering days per year
- Reward gateway voucher discounts
- Flexible working scheme and we welcome flexible working conversations at interview
- Regular 121s with your manager, a personal development review (PReview) each quarter
- A wide range of learning & development opportunities including Linked In Learning courses
- £250 contribution towards you learning something new outside of work
- Annual events (e.g., summer party, BBQ & Xmas party) including Countdown to Christmas events every December - it is so much fun!
Our Recruitment Process At Toyota Financial Services (TFS) we value everyone and are pleased to be recognised as a Disability Confident Employer. We are committed to supporting disabled applicants throughout the recruitment process. Should you meet the minimum criteria for this role and wish to apply under the DC scheme, you may be moved forward to the next stage. Please ensure to add this information into your application. When it comes to recruitment, please do let us know if we can adjust our process to meet your accessibility needs. Some examples of how we might be able to help are listed below:
- Providing a copy of interview questions before the interview
- Organising a time and location that best suits you
- Allowing additional time for the assessment and interview
We are happy to review any adjustment on a case-by-case basis to support you to be your best self.
Pricing Analyst in Epsom employer: Toyota Financial Services (UK) PLC
KINTO UK is an exceptional employer that fosters a collaborative and innovative work culture, particularly within our IT team. With a strong focus on employee growth, we offer extensive benefits including a competitive salary, generous holiday allowance, and a robust pension scheme, alongside unique perks like a company car scheme and wellbeing initiatives. Our hybrid working policy allows for flexibility, making KINTO UK an attractive place for those seeking meaningful and rewarding employment in the field of Business Intelligence.
Contact Details:
Toyota Financial Services (UK) PLC Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Analyst in Epsom
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Toyota Financial Services on LinkedIn. A friendly chat can give us insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your analytical skills. Be ready to discuss how you would approach pricing models and profitability projections. We want to see your thought process in action!
✨Tip Number 3
Show off your Excel skills! Since this role requires intermediate proficiency, practice using formulas, pivot tables, and macros. We love seeing candidates who can handle data like a champ!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate individuals who are eager to join our team.
We think you need these skills to ace Pricing Analyst in Epsom
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Analyst role. Highlight relevant experience, especially in pricing or financial services, and showcase your analytical skills. 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 the role and how your background aligns with our needs. Don’t forget to mention your understanding of the automotive finance sector!
Show Off Your Excel Skills:Since proficiency in Excel is key for this role, make sure to mention any specific projects or tasks where you've used advanced Excel functions. We love seeing those Pivot Tables and Macros in action!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team at Toyota Financial Services!
How to prepare for a job interview at Toyota Financial Services (UK) PLC
✨Know Your Numbers
As a Pricing Analyst, you'll be dealing with a lot of data. Brush up on your analytical skills and be prepared to discuss how you’ve used data to influence pricing decisions in the past. Familiarise yourself with key metrics like yield and borrowing costs, as these are likely to come up during your interview.
✨Showcase Your Excel Skills
Since proficiency in Excel is crucial for this role, make sure you can demonstrate your skills. Be ready to talk about specific functions you've used, such as pivot tables or macros, and how they helped you in previous roles. If possible, bring examples of reports or analyses you've created.
✨Understand the Market
Research Toyota Financial Services and their competitors. Understand their pricing strategies and market campaigns. This knowledge will not only impress your interviewers but also help you articulate how you can contribute to their pricing team effectively.
✨Communicate Clearly
Strong communication skills are essential, especially when working across departments like Sales and Marketing. Practice explaining complex pricing concepts in simple terms. You might even want to prepare a brief presentation on a pricing model you admire or have worked on, showcasing your ability to present information clearly.