The posting
Job description
The primary purpose of the Senior Pricing Manager is to provide end to end support to the Head of Pricing across product pricing, pricing governance, fair value assessments, commercial deal management, and profitability analysis. They will be responsible managing key strategies initiatives from analysis to execution working closely with the Commercial Management team and senior leaders across the organisation. They are to operate as a “second in command” to the Head of Pricing acting as a delegate and key point person for functional partners in Finance, Risk, Product, Strategy, Commercial and Operations ensuring pricing decisions are data-driven and aligned with business objectives. The role holder is to operate in a self-sufficient manner, leveraging resources and expertise across the business without relying on dedicated team beneath them to deliver outcomes. As such they must take a ‘hands on’ approach to their work, being comfortable moving between strategic thinking, detailed analysis and execution. The role therefore requires an individual with strong commercial judgement and analytical capability combined with the drive, judgement and delivery focus to get into the detail when required, independently navigate complexity and see work through to completion.
Key Accountabilities:
- Pricing strategy: Support Head of Pricing to develop and maintain the firm's pricing strategy and pricing framework. Proactively identify enhancements and seek continuous improvement in the function.
- Pricing Governance: Responsible for ensuring pricing policies, methodologies and controls remain fit for purpose and aligned with regulatory expectations. Provide content for governance forums such as Customer Outcomes Committee and Cash Interest Share Forum.
- Product pricing and commercial support: Support product-level pricing reviews and recommendations. Support proposition development through pricing analysis and commercial modelling.
- Deal analysis and implementation: Support Distribution with processing, tracking and reporting on firm level discounts/deals as per deals framework.
- Pricing Insight: Provide subject matter expertise to support business performance, firm/customer profitability and pricing effectiveness. Assess pricing impacts on customer outcomes, profitability and growth objectives.
- Financial analysis: Support strategic decision making through commercial and financial analysis including identification of actions to improve deal performance, mitigate income erosion, drive growth and improve margin.
- Re-platforming: Support the Head of Pricing in designing and implementing the migration pricing strategy for customers and advisers transitioning from Nucleus Wrap and Curtis Banks platforms to the Nucleus platform.
Knowledge, Skills and Experience:
Essential
- Experience in commercial finance, profitability analysis or related analytical disciplines.
- Advanced analytical and financial modelling skills.
- Ability to interpret complex data and translate findings into commercial actions.
- Strong organisation skills and capacity to collaborate with multiple stakeholders across different projects.
- Ability to independently identify and resolve issues, develop robust recommendations, manage stakeholders and mobilise expertise to deliver.
- Understanding of pricing strategy, pricing governance and commercial decision-making.
- Experience developing and presenting recommendations to senior management.
- Resilient, with the ability to work independently and take the initiative.
Desirable
- Experience within financial services or other regulated environments.
- Knowledge of Consumer Duty, Fair Value Assessments and customer outcome requirements.
- Experience of pricing systems, product management platforms or transformation programmes.
- Strong understanding of platform pricing structures, including wrapper fees, SIPP charges, custody fees, and cash interest policies.
- Experience managing cross-functional projects and business change initiatives.
- Relevant professional qualification in Finance, Analytics, Economics or a related discipline.
Values and Behaviours:
- Positively demonstrate the Nucleus values and behaviours
- Ensure compliance with Code of Conduct at all times
A little about us We’re the Nucleus Financial Platforms group and we help make retirement more rewarding. People come first - whether it’s our colleagues, or the advisers and customers we support, we know that working in partnership and collaboration leads to the best outcomes. Together, we’ve shaped the platform to how it is today. We work hard, and we celebrate hard too. Our ambition is to create a platform with a difference, putting the customer centre stage meant tearing up the rule book and starting from scratch. We’ve come a long way since then, but our mission remains just as focused. That’s why our culture, values, and social responsibility are things we keep at the top of our agenda – because we know they matter and have a big impact. Our culture is one of the many things that sets us apart from the pack. We want to have an environment where our people feel that they can make a real difference, know they’ll be rewarded for their efforts and more importantly, enjoy themselves at work. Inclusion and diversity at Nucleus As with most things in life, who cares, wins. We really care about inclusion. For us it’s not a tick box exercise; inclusion and diversity are embedded in our culture and everything we do. It’s a commercial imperative. It isn’t about being PC. It’s about being future-relevant and durable. We owe it to ourselves and the industry to ensure we are playing our part in creating a fair, balanced and transparent financial services sector. More diversity means broader experience, a wider set of perspectives and a better collective ability to problem-solve. And it means being more representative of customer groups, which supports areas such as product development. At Nucleus, we offer a generous blend of benefits for the things that really matter to our people, including a non-contributory pension, bonus, enhanced parental leave, paid time off for emergencies, health and wellbeing initiatives and flexible working options.
