Pricing Manager

Tesco UK; Digswell; On-site; GBP 40,000 - 60,000; Full time

Job summary

Tesco Price Managers are accountable for setting prices at Tesco, working in a centralised team that blends retail knowledge, data science and pricing expertise to execute Tesco's pricing strategy across channels and ranges.

Successful candidates will understand grocery retail, demonstrate strong communication and Excel skills, have good knowledge of commercial operations, and enjoy collaborating with a diverse network of stakeholders in Tesco's commercial business.

Qualifications

• Understanding of grocery retail and pricing strategies.
• Strong communication and Excel skills.
• Good knowledge of commercial operations.
• Ability to work with a diverse network of stakeholders across Tesco's commercial business.

Responsibilities

• Develop frameworks and insights translating Tesco's strategy into pricing actions.
• Structure analyses for strategic projects like price architecture or price investment.
• Translate pricing policies into actionable recommendations by channel.
• Collaborate with category teams to align pricing with commercial strategy.
• Work with cross-functional teams to identify opportunities and solutions.
• Perform ad hoc research and analyses on performance and issues.
• Balance short-term projects with long-term initiatives.
• Stay up to date on industry regulations and best practices.
• Represent the pricing team as a thought leader within Tesco.

Skills

Pricing knowledge

Excel

PowerPoint

SQL

Data analysis

Stakeholder communication

Tools

SQL

Job description

Price Managers are accountable for setting prices at Tesco. Working as part of a centralised team, you will combine retail knowledge, data science, and pricing expertise to

execute against Tesco's pricing strategy. Successful candidates have an understanding of grocery retail, strong communication and Excel skills, good knowledge of commercial operations and a desire to work across a diverse network of stakeholders in Tesco's commercial business.

• Following our Business Code of Conduct and always acting with integrity and due diligence and have these specific risk responsibilities:
• Helping to develop the frameworks and insights that translate Tesco's overall business strategy into commercial initiatives and pricing actions.
• Structuring and performing (or leading) the necessary analyses for strategic projects, such as price architecture or price investment.
• Translate the price strategy, framework, and pricing policies into clear and actionable recommendations by channel for approval and implementation.
• Work closely with the category teams to ensure our pricing recommendations are aligned with our commercial strategy and executed efficiently.
• Collaborating with teams across the wider business, including Category, Insight and Channel specialists, to identify current/potential opportunities and develop the right solutions for our customers and our business.
• Performing ad hoc research and analyses to diagnose recent performance and operational issues.
• Balancing and prioritising work across short-term projects and long-term initiatives.
• Staying up to date on relevant industry regulations, competitor news and best practices.
• Acting as a thought leader on pricing and related topics, representing the team throughout Tesco.

• Microsoft Office (Excel & PowerPoint).
• Basic SQL.
• Desire to engage with internal science-based forecasting and optimisation systems.

You might know us as a supermarket, technology company or even for our award-winning mobile network. Truth is, we’re all of those things, and much more. Our colleagues work with one goal in mind, helping to make every day a little better for our customers, colleagues and communities all over the world. No two customers are the same, neither are our colleagues.

At Tesco, we champion a balance that lets you thrive both in and out of work. Spend 60% of your week collaborating with colleagues at our office locations or local sites and the rest remotely. Whether you're just kicking off your career, juggling passions, or navigating big life events, we're here to support you. We always welcome a conversation about flexible working.

We're proud to be an accredited Disability Confident Leader, where everyone’s welcome. That’s why we commit to providing a fully inclusive and accessible recruitment process.