Retail Pricing Specialist
2 days ago
Job Overview: We are looking for a skilled Retail Pricing Specialist to develop and implement retail pricing models that generate incremental lifetime value.
As a key member of our team, you will be responsible for creating and maintaining pricing pipelines, leveraging advanced data science techniques to enhance model accuracy, and collaborating with cross-functional teams to integrate pricing insights into business decisions.
Responsibilities:- Develop end-to-end production pricing models using tailor-made pipelines
- Leverage Earnix to build predictive statistical models and optimise customer prices
- Improve processes to increase pricing performance and efficiency
- Lead research opportunities to innovate and improve current modelling methodologies
- Evaluate and utilise tools created by data science teams
- Ensure all activity is compliant with pricing governance and follows established controls
- Collaborate with Commercial Pricing Team to ensure pricing models meet business objectives
- Graduate or postgraduate degree in Statistics, Mathematics, or analytical subject
- Experience in pricing or actuarial role within general insurance
- Experience with price optimisation tools (Earnix/Radar)
- Familiarity with R or Python software packages
- Proven ability to deliver commercial value through pricing insight
- Strong people management skills
We offer a competitive salary range of £60,000 - £80,000 per annum, depending on experience, as well as a comprehensive benefits package including flexible working hours, professional development opportunities, and a collaborative work environment.
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