Pricing Analyst

Our client, a leading world-class aerospace material supplier tailored for the Aviation Maintenance, Repair, and Overhaul (MRO) sector, are looking to recruit a Pricing Analyst, to be based at their offices in Hemel Hempstead, Hertfordshire.
On Offer:

• An exciting opportunity to join a rapidly expanding organisation that is a highly regarded materials supplier to the Aerospace sector.
  
• Work within a collaborative and supportive commercial team.
  
• Opportunity to make a tangible impact on company profitability and growth.
  
• Professional Development: the company is committed to the ongoing professional development of its employees.
  
• Salary up to £75K, depending on experience
  
• 1 day WFH flexibility after probationary period
  
• Pension scheme, social events and Christmas party. Free Parking onsite
  Main Purpose of the Role:
  The Pricing Analyst will lead the development, execution and optimization of pricing strategies that maximise profitability while ensuring competitiveness in the market. This position will play a critical role in supporting the business by enhancing pricing intelligence and enabling real time data-driven decisions. You will be reporting to the Sales Manager to ensure alignment with commercial objectives. The role will be supported by the business intelligence team through BI tools and data access to streamline reporting and analytics.
  Duties and Responsibilities of the Pricing Analyst:
  
• Create and maintain a standardized pricing structure for all products, including differentiated tiers (Gold, Silver, Tail, Web).
  
• Implement dynamic pricing models responsive to market conditions to optimize margin performance.
  
• Ensure pricing includes full landed cost components such as freight and import duties.
  
• Design, implement, and manage pricing models to support bids, tenders, and quoting processes.
  
• Conduct in-depth analysis of historical sales, market trends, competitor activity, customer segmentation, and product lifecycle data to inform strategic pricing decisions.
  
• Collaborate cross-functionally with sales, finance, and procurement teams to ensure pricing decisions are commercially and operationally viable.
  
• Monitor customer-specific pricing and margin performance, flagging opportunities for improvement.
  
• Maintain pricing data integrity within ERP and reporting systems.
  
• Deliver regular reports and dashboards with insights into pricing KPIs, profitability, and market trends.
  To Be Considered:
  
• Proven experience in pricing, commercial, or financial analytics roles, ideally across FMCG, e-commerce, or related sectors.
  
• Advanced technical expertise in Python, R, SQL for data analysis and automation.
  
• Strong modelling capabilities including A/B testing, elasticity modelling, segmentation, clustering, sensitivity/scenario analysis, and conjoint analysis.
  
• Proficiency in Advanced Excel, including Macros/VBA and Power BI.
  
• Demonstrated ability to work with large, complex datasets and translate findings into commercial insights.
  
• Excellent collaboration and stakeholder management skills.
  
• Familiarity with ERP systems and pricing databases.
  
• Preferred - Bachelor's degree in Business, Finance, Economics, Mathematics, or a related quantitative field.
  
• Further certification in data science, pricing strategy, or analytics tools is desirable
  For more details, please contact Willis Global - a leading Recruitment Consultancy for the Aviation & Aerospace industry