RAC has an exciting opportunity for a Lead Discount Modelling Analyst to join our Consumer Pricing & Value team. This role offers significant opportunity to influence RAC’s pricing and discounting approach across our largest P&L, supporting trading performance, profitability and customer outcomes.
This is a senior, hands-on analytical role where you’ll lead the development of best-in-class discounting models using expert analysis, market insight and innovation. Working closely with senior stakeholders and pricing specialists, your work will directly shape how RAC prices, discounts and competes in a highly regulated and competitive market.
If you enjoy solving complex pricing challenges, leading modelling activity and seeing your insight drive real commercial outcomes, this role offers a highly visible and rewarding next step in your pricing career.
What You’ll Do
Pricing, Discounting & Modelling Leadership
* Lead the development and enhancement of discount and pricing models that drive acquisition, retention and profitability
* Use statistical modelling techniques (e.g. Emblem, Python) to predict customer behaviour such as propensity to purchase, cancel or claim
* Investigate new modelling approaches, data enrichment and techniques to improve model predictiveness
* Analyse price trials and competitor pricing data to support price and discount optimisation
* Lead the development of forecasting models and clearly explain weekly and annual variance versus forecast
Data, Validation & Optimisation
* Own data production for modelling activity, reconciling and validating datasets to ensure high-quality inputs
* Explore new tools, software and techniques to improve data processing efficiency and modelling capability
* Validate pricing model performance over time, ensuring models are deployed correctly and remain effective
* Recommend and implement corrective actions where model performance deviates from expectations
Governance, Regulation & Stakeholder Engagement
* Ensure pricing and discounting activity aligns with FCA regulatory guidance
* Adhere to robust governance and pricing sign‑off processes
* Partner closely with the Retention Squad, Pricing, Finance, Marketing and Insights teams
* Build trusted, credible relationships with senior stakeholders, compliance and leadership teams
* Support delivery of Consumer pricing strategy and initiatives across the Division
What You’ll Bring
Skills, Knowledge & Experience
* Strong experience in pricing or technical discount modelling within Insurance, Banking, Finance or a similar industry
* Proven experience leading discount modelling activity
* Deep technical knowledge of pricing and analytical techniques, including GLMs / GBMs
* Highly numerate with strong analytical and problem‑solving capability
* Experience using coding tools such as SQL, Snowflake or SAS
* Experience with visualisation tools such as Power BI or Tableau
* Strong experience with statistical modelling software
* Exposure to optimisation tools (Radar Optimiser, Earnix) advantageous but not required
Personal Attributes
* Strong delivery focus and ability to handle complex commercial challenges
* Confident, credible stakeholder manager with experience engaging Exec‑level audiences
* Commercially minded with strong financial acumen and business case ownership
* Comfortable operating in a fast‑moving, highly regulated environment
* Continuous improvement mindset, always looking to raise the bar
Qualifications
* Relevant numerate degree or post‑graduate qualification
Location, Working Pattern & Salary
This role follows a hybrid model, with required office attendance in our Bradley Stoke, Bristol office on Tuesdays and Wednesdays.
Salary aligned with market and experience, plus a conditional annual bonus.
As a Lead Discount Modelling Analyst at RAC, you’ll enjoy benefits that go the extra mile
Earnings That Motivate
Enjoy a competitive salary plus automatic enrolment in our Owning It Together Colleague Share Scheme, giving you a unique opportunity to share in RAC’s future success.
Tools to Drive Your Future
Get started with a free RAC Ultimate Complete Breakdown Service from day one, plus access to a car salary sacrifice scheme (including electric vehicles) after 12 months, delivering serious tax savings.
Time Off That Matters
Enjoy 25 days annual leave, plus bank holidays. We also support work-life balance with paid family leave, flexible schedules and practical resources to help navigate personal commitments.
Financial Security & Perks
Benefit from a pension scheme with up to 6.5% matched contributions alongside life assurance cover of 4× salary (10× optional with flex benefits), designed to support you long term.
Wellbeing That Works for You
Our 24/7 confidential support service is available to you and household members aged 16+, offering reassurance whenever you need it.
Extras That Make a Difference
Access Orange Savings, our exclusive discount portal with deals across top retailers, holidays, tools, tech and more. After passing probation, you’ll automatically join our Colleague Share Scheme, giving you a stake in our collective success.
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