What will you be doing?
Joining us a Price Optimisation Analyst, you’ll be responsible for the development and delivery of data-driven pricing strategies across our retail business area.
Our members and customers are at the heart of everything we do
You’ll be looking for opportunities to optimise pricing- ensuring we remain competitive whilst maximising commercial performance and providing fair value to our members and customers.
In this varied role some of your responsibilities will include:
* Conducting price analysis – helping to make sure our product offering provides excellent value for money to our members and customers
* Analysing the impact of price changes on sales and customer behaviours – aiding continued customer trust and loyalty
* Improving the effectiveness of third-party pricing technology by ensuring high quality data inputs and output evaluation
* Automating pricing analysis and reporting processes
* Providing analysis on how pricing decisions impact different customer segments
* Partnering with commercial, marketing, and finance teams to implement pricing strategies and communicate their impact on business performance.
* Working with commercial teams- ensuring pricing strategies support local suppliers and producers
Aligning with our co-operative values, you will help to ensure our pricing strategies are ethical and transparent.
You’ll need to stay up to date with latest trends and advancements in price optimisation software and techniques and look for opportunities for improvement.
Acting as a subject matter expert on pricing, you’ll be providing strategic guidance and supporting cross-functional initiatives.
How will I know if I am right for this role?
We are looking for someone who can bring strong analytical skills and a solid understanding of pricing theory and strategy- including lifecycle pricing, promotional mechanics, and competitor-based pricing.
You will bring experience with data querying languages (e.g. SQL), skilled to a high level in business intelligence tools like Power BI and experienced in using or managing third-party pricing optimisation technology.
In addition, you’ll also have proven experience in a pricing, revenue management or a similar commercial analytics role.
We are looking for someone who has demonstratable knowledge of retail commercial metrics as well as the factors that influence pricing decisions, within a retail environment.
To be successful in this role you will need to be skilled in the ability to translate complex data and analysis into clear, actionable insights for commercial stakeholders.
A degree in a quantitative field such as Mathematics, Economics, Statistics, or Business with a focus on Analytics is desirable
What is in it for me?
In addition to our competitive salaries, our colleagues also benefit from:
* Retail discounts- our hub offers colleagues access to hundreds of exclusive retail discounts, savings on days out and holiday discounts.
* Holiday buy- colleagues can buy up to a week extra of annual leave each year
* Colleague recognition- we celebrate our colleague’s achievements both personally and professionally
* Enhanced family friendly policies- to help you feel fully supported during any significant life events.
* Colleague Dividend- We pay a share of our profits to eligible colleagues as a thank you for their contribution to our success.
* Paid time for volunteering- we encourage our colleagues to spend three days per year taking part in volunteering, fully paid for by us.
* Give as you earn- helping you support charities which mean something to you.
* Healthcare Cashplan- your wellbeing is important, so you’ve got the opportunity to contribute into a voluntary plan that helps pay towards a range of healthcare expenses.
* Company Pension- you can access a company pension scheme with us as well as access to Pension wellbeing information.
* Life Assurance- after an initial qualifying period, you’ll get free life assurance cover, that pays your nominated beneficiary if you die while you’re working for us.
* Personalised learning and development- with easy access to a wide range of training programmes
* We’ve got you – our new colleague wellbeing campaign, making wellbeing benefits and resources accessible and relevant to the role that you do.
* iTrent Financial Wellbeing (Wagestream)- offers something for all our colleagues, whether you want to track your finances, save some money, or access up to 50% of your earned pay flexibly in a way that suits you.
To find out more about all of these plus many more reasons to join us at Central Co-op, please visit Rewards and benefits - Central Coop (careers.coop)
Everyone is welcome here We’re happy to make reasonable adjustments so that all our candidates can show us how they’ll perform their role. There is a section in the application form where you can provide any additional information. Please use this section to include any reasonable adjustments you need, and we’ll do our best to support you through our recruitment process
Who are we?
We’re Central Co-op, a Member-owned and Member-led co-operative Society.
And with us, you’re not just a colleague, you’re a Member. You’ll own a share of the business.
You’ll be able to make a positive impact in your community, joining us in our mission to create a sustainable Society, and working alongside a team of passionate people who’ll help you grow. To find out more about working for us, visit our website www.careers.coop
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