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- Tasks: Develop and optimise pricing strategies to boost profitability in the aerospace sector.
- Company: Join a leading aerospace materials supplier with a supportive team culture.
- Benefits: Competitive salary, WFH flexibility, pension scheme, and fun social events.
- Why this job: Make a real impact on company growth while developing your professional skills.
- Qualifications: Experience in pricing analytics and strong data analysis skills required.
- Other info: Exciting career growth opportunities in a dynamic industry.
The predicted salary is between 54000 - 84000 £ per year.
Job Description
You will be reporting to the Sales Manager to ensure alignment with commercial objectives. The role will be supported by the business intelligence team through BI tools and data access to streamline reporting and analytics.\\nDuties and Responsibilities of the Pricing Analyst:\\n * Create and maintain a standardized pricing structure for all products, including differentiated tiers (Gold, Silver, Tail, Web).\\n * Implement dynamic pricing models responsive to market conditions to optimize margin performance.\\n * Ensure pricing includes full landed cost components such as freight and import duties.\\n * Design, implement, and manage pricing models to support bids, tenders, and quoting processes.\\n * Conduct in-depth analysis of historical sales, market trends, competitor activity, customer segmentation, and product lifecycle data to inform strategic pricing decisions.\\n * Collaborate cross-functionally with sales, finance, and procurement teams to ensure pricing decisions are commercially and operationally viable.\\n * Monitor customer-specific pricing and margin performance, flagging opportunities for improvement.\\n * Maintain pricing data integrity within ERP and reporting systems.\\n * Deliver regular reports and dashboards with insights into pricing KPIs, profitability, and market trends.\\nTo Be Considered:\\n * Proven experience in pricing, commercial, or financial analytics roles, ideally across FMCG, e-commerce, or related sectors.\\n * Proven experience managing multiple customers and over 2,000 products\\n * Pricing strategies and pricing models is essential\\n * Advanced technical expertise in Python, R, SQL for data analysis and automation.\\n * Strong modelling capabilities including A/B testing, elasticity modelling, segmentation, clustering, sensitivity/scenario analysis, and conjoint analysis.\\n * Proficiency in Advanced Excel, including Macros/VBA and Power BI.\\n * Demonstrated ability to work with large, complex datasets and translate findings into commercial insights.\\n * Excellent collaboration and stakeholder management skills.\\n * Familiarity with ERP systems and pricing databases.\\n * Preferred – Bachelor's degree in Business, Finance, Economics, Mathematics, or a related quantitative field.\\n * Further certification in data science, pricing strategy, or analytics tools is desirable\\nFor more details, please contact Willis Global – a leading Recruitment Consultancy for the Aviation & Aerospace industry
Pricing Analyst employer: Willis Global Ltd
Contact Detail:
Willis Global Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the aerospace industry, especially those working in pricing or analytics. Use platforms like LinkedIn to connect and engage with them; you never know who might have a lead on your dream job!
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role requires expertise in Python, R, and SQL, make sure you can confidently discuss how you've used these tools in past projects. Practice common interview questions related to pricing strategies too!
✨Tip Number 3
Showcase your analytical prowess! Bring examples of your previous work that demonstrate your ability to analyse data and make strategic pricing decisions. This could be through case studies or presentations that highlight your impact on profitability.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that Pricing Analyst role. Plus, it’s a great way to ensure your application gets seen by the right people in the company.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Analyst role. Highlight your experience in pricing, analytics, and any relevant technical skills like Python or SQL. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the aerospace sector and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Mention specific projects where you've used data to drive decisions or improve processes. We’re all about those data-driven insights!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Willis Global Ltd
✨Know Your Numbers
As a Pricing Analyst, you'll need to demonstrate your analytical skills. Brush up on key metrics related to pricing strategies and profitability. Be ready to discuss how you've used data analysis in past roles to drive pricing decisions.
✨Showcase Your Technical Skills
Make sure you highlight your proficiency in Python, R, SQL, and Advanced Excel during the interview. Prepare examples of how you've applied these tools to solve real-world pricing problems or optimise pricing models.
✨Understand the Market
Research the aerospace sector and understand current trends affecting pricing strategies. Be prepared to discuss how external factors like market conditions and competitor activity can influence pricing decisions.
✨Collaborate and Communicate
Since this role involves working with various teams, emphasise your collaboration skills. Share examples of how you've successfully worked cross-functionally in the past, and be ready to discuss how you would approach stakeholder management in this role.
