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Pricing Manager (Commercial)

Vermelo RPO
Posted 3 days ago, valid for 16 days
Location

Peterborough, Peterborough PE4, England

Salary

£50,000 - £60,000 per annum

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Contract type

Full Time

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Sonic Summary

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  • The Commercial Pricing Manager position in Peterborough offers a flexible hybrid working environment and focuses on improving pricing performance for BGL Own Brand Products and leading insurance brands.
  • Candidates should possess substantial experience in a commercial setting, ideally with a strong analytical background, and a degree in Economics, Statistics, Mathematics, or a related field.
  • The role involves monitoring trading performance, making pricing decisions using advanced analytics, and implementing pricing models while ensuring compliance with controls.
  • Successful applicants will also be responsible for developing team members and fostering relationships with stakeholders to align pricing strategies with business objectives.
  • The salary for this position is competitive, and candidates are expected to have significant prior experience in a similar role.

Job Title: Commercial Pricing Manager

Location: Peterborough (flexible hybrid working)

Role purpose

Lead on pricing outcomes and use your analytical flair, commercial experience and trading expertise to improve pricing performance of BGL Own Brand Products and some of the UK’s leading insurance brands.  Use expertise to develop others in the team in order to drive commercially successful outcomes.

Key Responsibilities

  • Responsible for accountable brands contribution to the annual Motor & Home trading plan.
  • Ensure that trading performance for accountable brands are closely monitored, with trading variances raised and appropriate interventions proposed and delivered
  • Motivated by the challenge of deriving and owning pricing decisions, using advanced analytics, to develop a range of pricing interventions to maximise value from the current market
  • Accountable for end to end build of price changes and implementation of pricing models for accountable brands, ensuring all controls are adhered to, while challenging process to ensure controls are adequate and propose changes where necessary
  • Effectively influence stakeholders  and develop strong relationships with internal and external stakeholders to adopt your trading strategies, and ensure alignment of pricing and brand strategy.
  • Active ownership of team development and coaching of analysts.

Work closely with Technical Pricing Team to ensure pricing models meet business objectives.

About you:

  • Highly numerate and analytical.
  • You will have substantial work experience in a commercial environment.
  • You will have demonstrated experience of using data driven analytics to create solutions to business problems
    • Proven ability in influencing stakeholders
  • Expert in one of SQL, R, SAS or equivalent for analytical purposes on large datasets.
  • Degree in Economics, Statistics, Mathematics or another analytical subject

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