Pricing Analyst

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Job reference 321189 

Pricing Analyst
Competitive salary, plus 10% annual bonus potential, 25 days annual leave including bank holidays rising with served and a company pension scheme with highly competitive contribution rates.
There are two full time 10-Month fixed term contract opportunities in the team.
London, Royal Mail Farringdon, EC1A 1AA

You will be expected to attend the office 2 days a week.

This is an exciting time to join Royal Mail as we’re in the process of transforming towards a parcel led business.  We have an exciting opportunity here at Royal Mail for two Pricing Analysts to join our Pricing team. 

You will be working closely with our Head of Pricing and the Pricing Manager in our Parcels team, as well as collaborating with various internal stakeholders across our business, working on an exciting transformation project.

 
We're looking for someone who is comfortable dealing with numbers, whether that is in modelling, presenting, or communicating outputs to stakeholders (e.g. Sales and Business Customers). If you're experienced with Excel and have experience working in a commercial environment, we want to hear from you! 

About the Role 
This is a key role within a high performing team to support and explain strategic decisions across a revenue base worth c.£500m per annum. 

Using Excel and other analytical platforms, you will demonstrate commercial insight and modelling expertise to analyse the impact of new pricing strategies and product propositions across the domestic and international parcels suite. 

You will also:
•    Engage, influence, and support senior stakeholders in the Product and Pricing teams, and more widely around the business, to help approve and deliver new pricing strategies and product propositions. 
•    support the formation and delivery of new pricing strategies, building and using Pricing models to assess margin, volume, and revenue impacts. 
•    Work with multiple stakeholders to deliver a positive transformation across a large customer base. There is an opportunity to work closely with the Data team in Pricing to help improve our models and tools. 
 
About You 
To be successful in this role, you’ll have the following skills and experience: 
•    Experience in price modelling & analysis, implementing & deploying new prices, whilst liaising with wider business stakeholders (e.g. Sales, Product & Project teams).
•    Proven commercial acumen and good business sense to think strategically and identify opportunities.  
•    Strong Excel modelling skills. Some experience of other techniques and platforms (i.e.VBA, Tableau) is desirable but not essential. 
•    Able to explain complex subjects in a clear and succinct way, verbally and in writing. 
•    Confident that numerical work is accurate, consistent with other analysis and with a full audit trail.
•    Strong financial knowledge, especially with regards to cost contribution and margin analysis

Extra Benefits
•    RMG Share Schemes - partnership and matching share offer
•    Family friendly support - enhanced maternity pay, paternity leave, adoption leave and shared parental leave
•    Discounts and offers - there are more than 800 offers to help you save on things like groceries, days out, holidays and your household bills*.
•    Supportive and generous company sick pay
•    Your Wellbeing - you and your family have 24/7 access to services and tools to help you get the most out of life. From your physical and mental health to financial and social support and advice. It’s free, and it’s for everyone.
*Available only to perm employees

Next Steps

The next stage of the selection process will be a face to face or virtual interview consisting of competency based and role specific questions. 

Trust forms the foundation of everything we do in Royal Mail. We want to be transparent about what kind of qualities we are looking for and build trust from the very beginning of your journey with us. The first step is your interview, and we mean ‘your’ interview. We want to give you the opportunity to shine. To enable you to do this, we will provide you with your interview questions ahead of the interview taking place. This will allow you time to prepare, and ensure you have your best examples in mind. Royal Mail Group values both trust, and our people. 
 

We don’t expect every candidate to meet the full criteria for the role. If your experience looks a little different from the job requirements, but you feel you have the relevant skills to bring value to the role, we’d love to learn more about you.

Royal Mail are proud of our diverse employee network groups and the active role they play to support belonging and encourage a positive work environment. We are firmly committed to inclusion and passionate about our people representing the communities we serve. 

We are happy to support your need for any adjustments during the application and hiring process. Please share the details within your application if required.

We are Forces family friendly and a Gold signatory to the Armed Forces Covenant. We welcome applications from ex-Armed Forces personnel, reservists, veterans, cadet instructors and military spouses/partners.

For more information on Royal Mail Group and our values please click here: https://www.internationaldistributionsservices.com/en/about-us/

Closing Date: Friday 29th November. Please note, this advert may close early if the appropriate number of applications has been reached.

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