Pricing Analyst - VRM

Motability Operations Limited; Bristol; Hybrid; GBP 30,000 - 50,000; Full time

Job summary

Join a unique organization that combines purpose with commercial acumen as a Pricing Analyst. In this dynamic role, you will manage a complex portfolio of manufacturers, ensuring optimal pricing strategies that drive commercial value. You'll collaborate with a team of experts, analyze market data, and contribute to innovative pricing insights. This role offers a blend of analytical challenges and teamwork in a supportive environment that values flexibility and work-life balance. If you're passionate about pricing and eager to make an impact, this opportunity is perfect for you.

Benefits

Annual discretionary bonus

15% non-contributory pension

Life assurance

Employee Discount Scheme

Discounted Electric/Hybrid Car Scheme

Cycle to Work Scheme

28 days annual leave

Funded Private Medical Insurance

Critical illness insurance

Volunteering day

Qualifications

• Experience in a complex pricing-related work environment.
• Ability to analyze data to inform pricing decisions.

Responsibilities

• Collaborate with Pricing Analysts for timely pricing processes.
• Review MI reports to make informed pricing decisions.

Skills

Pricing experience

Data and Analytics

Collaboration

Excel

Analytical skills

Problem-solving

Communication skills

Education

First degree or equivalent

Tools

Excel

Job description

About The Role

Motability Operations are currently recruiting for a Pricing Analyst - VRM to join our team in Bristol on a full-time, permanent basis.This is a fast-paced role where you will own an increasingly complex portfolio of manufacturers with responsibility for delivering commercial value-add in remarketing vehicles through our core sales channel ‘mfldirect’. A typical day includes sourcing and assessing model prices, making amendments to prices through our proprietary pricing application and using a wide range of reporting sources to track and act on conversion outcomes. As you develop your skills you will own an improvement area for overall team capabilities, for example standardising operational processes, developing new Pricing insights, specifying technical changes or supporting commercial campaigns.

Main responsibilities

• Working collaboratively with other Pricing Analysts to ensure the timely delivery of regular pricing processes. These could be daily, weekly or monthly and across mfldirect sales channels.
• Subject Matter Expert for portfolio of manufacturers, reviewing MI reports to make pricing decisions dependent on market conditions the supply of and demand for vehicles.
• Defining and managing KPIs for your portfolio to help assess pricing performance and any priority actions to achieve Pricing metrics.
• Supporting targeted campaigns where data is indicating there may be opportunity for further pricing optimisation.
• Ensuring good governance of pricing outcomes with peer reviews of colleague pricing decisions.
• Regular management of pricing reference data, for example model prices and targeted pricing adjustment overlays.
• Supporting technical development and systems changes including specifying requirements and user testing.

About You

• Highly productive, organized & methodical bringing structure to tasks to ensure efficient execution
• Effective team player, able to work collaboratively and challenge constructively to optimise commercial outcomes
• Resilient with experience of working with high levels of ambiguity
• Results-oriented, focused on delivering measurable results with excellent commercial acumen
• Proactive and deadline driven, self-starter able to manage a varied and complex daily workload
• Analytical and problem-solving capabilities with an understanding of how data can be used to inform pricing decisions and maximize sales value and efficiency
• Can-Do Attitude – Enthusiastic to learn and help move the Pricing team forward
• Excellent interpersonal and influencing skills and able to communicate complex topics to different audiences including MI and technical teams

Minimum criteria:

• Pricing experience - Previous experience in a complex pricing-related work environment
• Data and Analytics - Possess excellent analytical and critical thinking skills for commercial decisions, for example understanding conversion, pipeline and forecasts. Able to work across different data sources and reports to identify insights and required actions.
• Collaborative - proven ability to work effectively within a team directly and matrix managed, demonstrating qualities such as effective communication and motivation
• Good basic knowledge of Excel, basic data governance and understanding of how data can be analysed and visualised to make it actionable
• Educated to first degree standard or equivalent. Subject area must have a high numerate content.

About The Company

Motability Operations is a unique organisation, virtually one of a kind. We combine a strong sense of purpose with a real commercial edge to ensure we provide the best possible worry-free mobility solutions to over 800,000 customers and their families across the UK. Customers exchange their higher rate mobility allowance to lease a range of affordable vehicles (cars, wheelchair accessible vehicles, scooters, and powered wheelchairs) with insurance, maintenance and breakdown assistance included. We are the largest car fleet operator in the UK (purchasing around 10% of all the new cars sold in the UK) and work with a network of around 5,000 car dealers and all the major manufacturers. We pride ourselves on delivering outstanding customer service, achieving an independently verified customer satisfaction rating of 9.8 out of 10.

Our values are at the heart of everything we do. They represent ambition, and we look for our people to live and breathe them every day:

• We find solutions
• We drive change
• We care

We operate hybrid working across the organisation where we split our time between working on-site at our offices, and at home, remotely within the UK. We believe hybrid working achieves a good work/life balance for our colleagues, allowing us to connect with each other, collaborate on important work, and perform together to deliver for our customers. It allows us to have the flexibility to work remotely up to 2-days per week whilst also using the great office spaces we have available.

As a Motability Operations team member, you can expect:

• An annual discretionary bonus
• 15% non-contributory pension (9% non-contributory pension during probation period)
• Life assurance at 4 times your basic salary to give you peace of mind that your loved ones will receive some financial help
• Employee Discount Scheme with a huge number of retailers and an app to save on the go
• Discounted Electric/Hybrid Car Salary Sacrifice Scheme
• Access to the Cycle to Work Scheme (we have showers, changing rooms and secure bike sheds on site)

As well as financial benefits, our staff's health and well-being are very important to us, so we also offer:

• 28 days annual leave with option to purchase and sell days
• Funded Private Medical Insurance cover
• Critical illness insurance
• Free access to healthcare apps, such asPeppy, Unmind, Aviva Digital GP
• Funded health screening for over 50s
• 1 day per year to volunteer – Staff can support a local charity or do a sponsored event whilst being paid for it
• Access to our fully accessible company allotment – Where we grow our own produce for local charitable organisations
• Access to Prayer room and quiet spaces whilst working in the office

We also understand that not everyone is the same so offer several voluntary benefits that you can select outside the core package, these include;

• Dental Insurance
• Health and cancer screenings for you and your partner
• Discounted gym memberships
• Charitable giving

At Motability Operations, we believe in building a diverse workforce, where our people are empowered to attend work as their true selves, and we encourage people from all backgrounds to apply. We want to sustain a culture that nurtures, where employees are free to flourish and where they’re rewarded equally, regardless of race, nationality or ethnic origin, sexual orientation, age, disability, or gender.

We pride ourselves on being an inclusive employer and as such, all our offices provide first rate disability access. With our hybrid working environment, we do our best to accommodate part-time and flexible working requests where possible, building on our culture of trust, empowerment, and flexibility.

Please note, Motability Operations reserves the right to bring forward the closing date of any of its job vacancies if we receive a suitable number of quality applications from which to make a shortlist. Therefore, we recommend that you apply as soon as possible rather than wait until the published closing date.