Pricing Executive - London -(Hybrid Working) - Permanent

As Commercial Pricing Executive you'll be working closely with our Head of Pricing and Senior Pricing Manager, as well as collaborating with various internal stakeholders across our business, to maintain a complex suite of models and to set and implement annual pricing changes for a suite of products worth over £1bn pa., You'll analyse international letters and parcels data sets using Excel/VBA and other analytical packages to uncover trends to drive the commercial strategy. You'll 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.

You'll support the formation and approval of the annual tariff strategies for Royal Mail International and Retail Letters products using pricing models to assess margin, volume, and revenue impacts. You'll build and utilise expertise with our pricing and billing systems to ensure that the annual tariff is deployed into our systems without error.

There is an opportunity to work closely with the Data team in Pricing to improve our models and tools. Integral to the team is a high degree of constant learning and knowledge transfer, meaning you will have the opportunity to develop broad based business skills and in-depth expertise in all aspects of pricing. The role also offers significant potential for future career development.

We're looking for someone who is great with numbers and has a strong background in modelling in a commercial environment. If you're a master with Excel and have experience working with tools like Tableau, we want to hear from you!, To be successful in this role, you'll have the following skills and experience:

• Proven commercial acumen and good business sense to think strategically and identify opportunities.


• Excellent Excel modelling skills.


• Maths or numerate degree or significant relevant analytical/modelling experience.


• Experienced and comfortable with analysing datasets and using results to draw commercial insights.


• Ability to build and maintain a wide network of stakeholders and thereby influence senior managers across multiple departments.


• Can explain complex subjects in a clear and succinct way, verbally and in writing.


• Ability to ensure that numerical work is accurate, consistent with other analysis and with a full audit trail.


• Good financial knowledge, especially with regards to cost contribution and margin analysis.


• Experience of pricing in a commercial environment desirable.


• Some experience of other techniques and platforms (i.e., VBA, Python, Tableau) is desirable.
  
  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.


• 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.Lifestyle benefits - You can purchase a car, bike, home technology or mobile phone, or choose from a range of health benefits and insurance products. You make regular payments from your salary, and so could save on tax.


• Financial support - information and services to help you manage debt and grow your financial knowledge, with debt consolidation & savings plans


• Your peace of mind with - Healthcare CashPlan, Dental Cover, Additional Life (life insurance) & Additional Life Partner, Hospital & Death Benefit Plans; Voluntary Critical illness & Voluntary Critical illness Partner.


• Free & discounted RMG products - free keep safe & redirection, partner discounts.


• Free stamps at Christmas



• Available only to perm employees


Your career in safe hands

At Royal Mail we value our people and we want our people to be proud to work for our businesses.

We have the assets, the infrastructure and the scale that others don't, yet we are a big part of the communities we operate in, making billions of precious deliveries each year. We are responsible for the largest B2B customer database in the UK and are one of the largest employers in the UK, providing one in every 194 jobs.

An operation of this size needs a strong support network, and the HR, Legal, Finance, IT, Risk & Governance, Customer Experience, Sales & Marketing departments are all integral to helping us to utilise the latest technology and business approaches to optimise, automate and digitise our operations.

Royal Mail is a forward thinking, innovative organisation, that is also committed to reducing emissions and improving air quality in our communities. This includes investing in technologies such as electric vehicles, drones, alternative fuel trucks and energy improvements to our estate.