Lead Discount Modelling Analyst

• 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

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