Pricing Analyst Placement

by Volkswagen Financial Services

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Job Details

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Deadline: 28th December 2016
Salary: £17,500 + Car Scheme + Benefits
Length: Placement (10 Months+)
Roles: Automotive Engineering, Data Science, Data Science, Business Management
Location: South East
City: Milton Keynes, Buckinghamshire

About Volkswagen Financial Services

Volkswagen Financial Services offers affordable finance and insurance products to help people buy Volkswagen Group brand cars through dealerships. We also provide fleet management solutions for small and large businesses – anything from two to three cars, up to thousands of vans for larger enterprises. In addition, Volkswagen bank supports our dealerships by providing funding to purchase new vehicles to sell onto customers as well as demonstrator and courtesy cars.

Pricing Analyst Placement

This position works in a small team reporting directly to the Pricing and Data Manager. The Pricing Analyst is responsible for providing a fair and competitive value for our asset-based portfolio, whilst constantly adhering to our 10 Golden Rules and pricing authority levels. The Pricing Analyst proactively uses their skills in manipulating company data to reveal underlying trends and insight that will aid the accurate pricing of remarketing vehicles in a way that maximises vehicle disposal values, and stock churn.

What’s involved?

  • Price vehicles, considering all factors that impact the value, whilst adhering to the requirements for the separation of pricing & sales functions and individual authority levels.
  • Ownership of the base price setting tasks, to monitor recent fluctuations in current market conditions, recommend adjustments at model level, obtain sign off and adjustment of the Pricing Model.
  • Monitoring of internal VWFS data to identify market trends and ensure that projected fluctuations in the market and returns volumes are understood and reflected within the pricing model.
  • Industry wide benchmarking, - collation & analysis of industry wide performance statistics to benchmark VWFS performance, improve remarketing processes and ensure that VWFS are leaders in the leasing sector.
  • Responsibility of the creation and maintenance of modelling frameworks which helps to forecast and monitor de-fleet volumes whilst maximising disposal values.
  • Continuous development of the pricing model to accommodate changes in VWFS portfolio.
  • Use Sold data to highlight & recommend the most effective route to sale.
  • Work with the other Risk Analysts to produce established reports and ad-hoc reports/data as requested by the Risk Managers.

How to apply

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