Pricing Manager
2 weeks ago
RAC Motoring Services is seeking an experienced Pricing Manager to join our dynamic Consumer Roadside Pricing Team based in Bristol. As a key member of our team, you will be responsible for driving and developing the successful delivery of Consumer pricing strategy, development, and initiatives across the Division, driving profitability upwards.
Key Responsibilities- Lead programme execution to deliver on initiatives and programmes critical to Division and group commitments.
- Produce Executive summaries of FCA regulatory pricing changes, understanding and communicating the impact these may have on the Business.
- Liaise with the Financial Conduct Authority and Financial Ombudsman Service as required, ensuring Financial Ombudsman pricing complaints are responded to appropriately.
- Undertake detailed statistical analysis using actuarial modelling techniques to support the Risk-Based Pricing element of the Renewal Pricing Strategy.
- Support business decisions by providing accurate and predictive analysis to support business strategy.
- Develop forecasting models and explain weekly/yearly variances vs forecast.
- Develop action plans to ensure that the Breakdown Pricing Strategy aligns to the evolving regulatory landscape.
- Manage and develop a small team of pricing analysts who will provide accurate and timely analysis of business trading data to inform your strategic thinking and decision making.
- Extensive pricing experience and demonstrable expertise in relevant fields (such as Finance, Insurance, Banking, etc.).
- Excellent technical knowledge of pricing and analytical techniques.
- Highly numerate with strong analytical and problem-solving skills.
- Experience of statistical modelling software (e.g., Emblem, R, Python) advantageous but not required.
- Experience of optimisation software (e.g., Radar Optimiser, Earnix) advantageous but again not required.
- Strong delivery and leadership experience with exceptional communication and negotiation skills.
- Strong stakeholder management experience with a demonstrable ability to build relationships based on credibility and trust with Exec, regulators, and Group-wide stakeholders at all levels.
- Competitive salary and benefits package.
- FREE RAC Ultimate Complete Breakdown Service from Day One.
- 25 days annual leave entitlement plus bank holidays.
- Option to join RAC's Group Personal Pension scheme where we will match/contribute up to 6.5% on qualifying earnings.
- 2 x Basic Salary Core Employer-funded Life Assurance cover (4 x for pension scheme members) with the option to flex up to 10 x cover through our flexible benefits offering.
- Confidential personal support service, available 24 hours a day every day of the year for you and any family members ages 16+ in your household.
- Car salary sacrifice scheme - after 12 months of employment, where you'll enjoy significant tax savings, including electric vehicle options.
- Access to Orange Savings, our online discounts portal offering 1000's of savings on high street retailers, supermarkets, holidays, tech, and much, much more.
We're committed to developing a culture that is representative of the diverse communities we serve and one which is open, accessible, collaborative, and inclusive. We welcome applicants of all backgrounds and experiences.
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