Senior Specialist: Pricing

Absa Group; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading African bank is seeking an experienced professional to enhance their pricing strategy through advanced data analytics and develop tools for value for money. Candidates must possess a Bachelor's degree in Business, Commerce, or Management. This role offers the opportunity to significantly impact pricing strategies across a range of products.

Qualifications

• Accountable for maintaining and ensuring quality data for pricing.
• Experience with analytics to support pricing strategies.
• Ability to develop customer-facing tools.

Responsibilities

• Source and maintain internal and external data.
• Develop tools for pricing and value for money.
• Drive operational effectiveness through reporting.

Skills

Data sourcing

Analytics

Operational reporting

Pricing strategies

Financial analysis

Education

Bachelor's Degree in Business, Commerce or Management

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Accountable for data, advanced analytics and value for money tools in support of PPB customer level, integrated and conditional pricing strategy.

Job Description

Advanced Pricing Analytics

• Responsible for the sourcing, maintenance and quality assurance of internal and external data used customer level and integrated pricing.
• Responsible for the development and maintenance of pricing meta data including parameters and values used in customer level and integrated pricing systems.
• Provide tools and analytical methodologies, techniques to inform the development and optimization of integrated pricing strategies and measure the success (or failure) of propositions.
• Develop data and reporting to measure the effectiveness of pricing strategies.
• Provide expert analytical support to identify, prioritize and pursue opportunities and provide input to the STP / MTP process to ensure full integration of these opportunities into financial planning cycles.
• Provide data and analytics to support revenue assurance against pricing policy and product rules across relevant pricing systems.

Value for Money Tools

• Develop and implement customer- and colleague facing tools to demonstrate best value for money on our pricing and integrated propositions across our full range of product suites.
• Develop tools for the monitoring of pricing tool front-line and customer usage and effectiveness.
• Accountable for the maintenance of value for money tools and their accuracy.
• Accountable for the development and maintenance of pricing simulators for use in pricing campaigning and front-line / customer value for money tools.

Operational Effectiveness

• Drive strategic and operational reporting requirements required for customer level pricing.
• Define analytical projects and track and manage the process, understand trends and dynamics.
• Use insights and knowledge gained from high-level reports and analyze complex comparative information to create scenarios to direct strategic intent.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised