RAC are recruiting for an Acquisition Pricing Business Partner to work alongside our technical pricing team within the acquisition squad who will help develop a pricing strategy to deliver the acquisition budget.
Working alongside key stakeholders including the Head of Pricing, Acquisition Director, Finance Director and Business Partners you will help to successfully deliver financial objectives, including revenue sales, sales volumes usage and life-time value targets across relevant distribution channels.
This is a flexible hybrid working model with some travel to the Bradley Stoke office
What you will do
- Successfully deliver the financial objectives of the acquisition budget.
- Support the wider consumer division achieve its financial objectives.
- The role has one direct report and reports to the Head of Pricing – Consumer.
- Working alongside the technical pricing team and colleagues from a variety of functions (marketing, digital etc.) in the acquisition squad to develop and execute pricing strategy to deliver acquisition budget.
- Support the development and adoption of analytical and technical capabilities within the wider pricing team, to ensure the wider consumer division achieves its objectives.
- Ensuring acquisition pricing meets any regulatory or compliance requirements. Supporting the development of direct reports and the wider pricing team.
What you will need
Working alongside finance and other colleagues to input into, challenge, and ultimately agree financial objectives.
- Both short- and long-term pricing strategies.
- Successful execution of pricing strategies.
- Collaboration with non-pricing colleagues.
- Extensive use of data querying languages such as SQL.
- General insurance pricing experience (advantageous, but not a pre-requisite).
- An understanding of generalised linear models and use of Emblem (advantageous, but not a pre-requisite).
- An understanding of optimisation within insurance pricing, and use of Radar or Earnix (advantageous, but not a pre-requisite).
- An understanding of machine learning (advantageous, but not a pre-requisite).
- A desire for the responsibility and accountability of a business critical and highly visible role.
In Return, we offer you
- FREE RAC Ultimate Complete Breakdown Service from Day One.
- 25 days annual leave entitlement plus bank holidays.
- Option to join RAC’s Group Personal Pension scheme where we will match / contribute up to 6.5% on qualifying earnings.
- 2 x Basic Salary Core Employer funded Life Assurance cover (4 x for pension scheme members) with the option to flex up to 10 x cover through our flexible benefits offering.
- Family leave support including paid time off, flexibility and resources to help balance work and family commitments.
- Confidential personal support service, available 24 hours a day every day of the year for you and any family members ages 16+ in your household.
- Car salary sacrifice scheme – after 12 months of employment, where you’ll enjoy significant tax savings, including electric vehicle options.
- Access to Orange Savings, our online discounts portal offering 1000’s of savings on high street retailers, supermarkets, holidays, tech and much, much more.
- FREE onsite parking.
When you join us you will automatically be opted into our Colleague Share Scheme, called ‘Owning it together’. This is a unique opportunity for our colleagues to get rewarded for the outstanding work they deliver, to share in the future success of the RAC and is no ordinary work benefit, incentive, or bonus!