Price Manager

What’s in it for you

We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!

• Annual bonus scheme of up to 20% of base salary
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Private medical insurance
• 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 4 weeks fully paid paternity leave
• Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing

About the role

At Tesco, we believe in the power of spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support.

You will be part of the team that crafts and implements Tesco’s pricing strategy. Working with the commercial teams, you will build price policies, manage competitiveness, create actionable insights, and develop better pricing tools. The role sits at the heart of Tesco, and it is instrumental in delivering value for customers and our business.

You will be responsible for

• Helping to develop the frameworks and insights that translate Tesco's overall business strategy into commercial initiatives and pricing actions
• Structuring and performing (or leading) the vital analyses for strategic projects, such as price architecture or price investment
• Translate the price strategy, framework, and pricing policies into clear and actionable recommendations by channel for approval and implementation
• Work closely with the commercial teams to ensure our pricing recommendations are aligned with our commercial strategy and implemented efficiently
• Collaborating with teams across the wider business, including Category, Insight and Channel specialists, to identify current/potential opportunities and develop the right solutions for our customers and our business
• Performing ad hoc research and analyses to diagnose recent performance and operational issues
• Balancing and prioritising work across short-term projects and long-term initiatives
• Staying up to date on relevant industry regulations, competitor news and standard methodologies
• Acting as a leader with vision on pricing and related topics, representing the team throughout Tesco

You will need

Operation skills relevant for this job:

• Strong written and verbal communication and the ability to engage with partners at all levels
• Excellent problem solving and analytical skills, translating sophisticated issues into clear and actionable frameworks and insights
• Experience working with large data sets and building business cases (advanced Excel, Powerpoint skills; experience with SQL and/or Tableau an advantage)
• Ability to handle a diverse network of stakeholders with contending priorities

Experience relevant for this job:

• Pricing strategy experience in retail
• Strategic, finance or commercial role in retail, FMCG or a related industry

#LI-DS2
​#LI-Hybrid

About us

Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is ‘Serving our customers, communities and planet a little better every day’. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.

Diversity, equity and inclusion (DE&I) at Tesco means that whoever you are and whatever your background, we always want you to feel represented and that you can be yourself at work. In short, we’re a place where Everyone’s Welcome. We’re proud to have been accredited Disability Confident Leader and we’re committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please click here.

We’re a big business and we can offer a range of diverse full-time & part-time working patterns across our many business areas, which means that we can find something that works for you.  We work in a more blended pattern -combining office and remote working.  Our offices will continue to be where we connect, collaborate and innovate.