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- Tasks: Shape and deliver pricing strategies for Very Pay, analysing customer behaviour and market trends.
- Company: Join the dynamic team at Very, dedicated to helping families thrive.
- Benefits: Enjoy flexibility, great perks, and opportunities for personal and professional growth.
- Other info: Collaborative environment with a focus on innovation and career development.
- Why this job: Make a real impact on pricing strategies that benefit millions of customers.
- Qualifications: Strong analytical skills and experience in pricing or financial analysis.
The predicted salary is between 60000 - 75000 £ per year.
About us. We’re the team behind digital retailer Very. Our purpose, helping families get more out of life, powers everything we do. And we want our people to get more out of life too! If you’re high-performing, ambitious and make the most of every opportunity, we want to hear from you. In return, you’ll enjoy heaps of flexibility, great perks and benefits, and the freedom to be yourself, keep learning and take your career wherever you want it to go. If you love making a difference, you’ll love making it sparkle for millions of Very customers.
About the role. We are recruiting two Credit Pricing Managers to shape and deliver the pricing strategy for the Very Pay Revolving Credit Account. Pricing is one of the most critical profit and loss levers in our financial services business, and these roles play a key part in driving commercial success while delivering fair outcomes for customers. Both positions require the same technical depth and commercial capability, with one focused on New Customer pricing strategy and the other on Existing Customer pricing optimisation.
You will work with large datasets, advanced analytical techniques, and cross functional partners to help us develop, refine, and implement pricing models that support sustainable growth.
What you’ll be doing:
- Develop, implement, and refine pricing models and strategies informed by customer behaviour, market trends, and financial performance.
- Build and maintain segmented pricing models and track model inputs versus actual performance.
- Analyse KPIs and deliver clear reporting on pricing performance and portfolio profitability to senior stakeholders.
- Conduct financial impact analysis for new initiatives, assessing risk and reward trade-offs and forecasting profitability.
- Partner with teams across marketing, product, risk, finance, and legal to ensure pricing strategies align with business objectives.
- Support marketing in planning promotional campaigns and communicating pricing decisions.
- Present findings, recommendations, and strategy proposals to senior leadership in a clear and compelling format.
- Test and understand relationships between price, response, and customer behaviour and assess the resulting impact on P&L.
Credit Pricing Manager employer: Very Group
Contact Detail:
Very Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Pricing Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to credit pricing. We suggest doing mock interviews with friends or using online platforms to get comfortable talking about your skills and experiences.
✨Tip Number 3
Showcase your analytical skills! When discussing your experience, highlight specific projects where you’ve used data to drive decisions. We want to see how you can bring value to our pricing strategies at Very.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Credit Pricing Manager
Some tips for your application 🫡
Show Your Passion: When you're writing your application, let your enthusiasm for the role shine through! We want to see how much you care about making a difference for our customers and how you can contribute to our mission at Very.
Tailor Your CV: Make sure your CV is tailored to the Credit Pricing Manager role. Highlight your experience with pricing strategies, data analysis, and any relevant projects that showcase your skills. We love seeing how your background aligns with what we’re looking for!
Be Clear and Concise: Keep your application clear and to the point. Use straightforward language and avoid jargon where possible. We appreciate a well-structured application that makes it easy for us to see your qualifications and fit for the role.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our culture and values while you’re at it!
How to prepare for a job interview at Very Group
✨Know Your Numbers
As a Credit Pricing Manager, you'll be dealing with large datasets and financial performance metrics. Brush up on your analytical skills and be ready to discuss how you've used data to inform pricing strategies in the past. Bring examples of KPIs you've tracked and how they influenced your decisions.
✨Understand the Market
Familiarise yourself with current market trends and customer behaviour related to credit products. Be prepared to discuss how these factors can impact pricing strategies. Showing that you understand the competitive landscape will demonstrate your commercial capability.
✨Collaborate Like a Pro
This role requires working with various teams, so highlight your experience in cross-functional collaboration. Think of specific instances where you partnered with marketing, finance, or risk teams to achieve a common goal. This will show that you can effectively communicate and align pricing strategies with broader business objectives.
✨Present with Confidence
You'll need to present findings and recommendations to senior leadership, so practice your presentation skills. Prepare a mock presentation on a pricing strategy you've developed, focusing on clarity and compelling storytelling. This will help you convey your ideas effectively during the interview.