Graduate Pricing Discount Modelling Analyst

About The Role

RAC has an exciting opportunity for a Graduate Pricing Discount Modelling Analyst to join our Consumer Pricing & Value team. This is a fantastic entry point into pricing, offering the chance to influence real business decisions from the start.

You’ll support RAC’s discounting and pricing strategy across our largest P&L, helping drive trading performance, profitability and customer outcomes. Working alongside experienced pricing specialists, you’ll develop your technical and commercial skills in a hands-on, supportive environment.

If you enjoy working with data, building models, analysing customer behaviour and seeing your insights make a real impact, this role offers an excellent foundation for a career in pricing.

What You’ll Do

Pricing, Discounting & Modelling

• Support delivery of Consumer pricing initiatives to drive performance and profitability
• Assist in developing and enhancing pricing and discount models to predict customer behaviour (e.g. likelihood to buy, cancel or claim)
• Use statistical tools (e.g. Python, Emblem) to build and improve models
• Analyse pricing tests, market trends and competitor activity
• Support forecasting and help explain weekly and annual performance variances

Data, Validation & Optimisation

• Prepare, clean and validate datasets to ensure modelling accuracy
• Explore new data sources and techniques to improve pricing insights
• Monitor model performance and support ongoing optimisation activity
• Assist in analysing behavioural and pricing data to identify opportunities

Governance, Regulation & Collaboration

• Ensure pricing decisions align with FCA regulatory guidance (training provided)
• Follow governance and pricing approval processes
• Work collaboratively with Pricing, Finance, Marketing and Insight teams

What You’ll Bring

Skills, Knowledge & Experience

• A strong numerical degree (e.g. Maths, Statistics, Economics, Data Science or similar)
• Strong analytical thinking and problem-solving ability
• Interest in pricing, data modelling or financial services
• Some exposure (academic or personal projects) to:
  • Statistical techniques (e.g. regression, GLMs, GBMs)
  • Programming or data tools (e.g. Python, SQL, R, SAS)
  • Data visualisation tools (e.g. Power BI, Tableau) – desirable but not essential
• A willingness to learn modelling tools and pricing techniques

Personal Attributes

• Curious mindset and eagerness to learn
• Strong attention to detail and accuracy
• Ability to communicate insights clearly to different audiences
• Collaborative approach with good interpersonal skills
• Comfortable working in a fast-paced, regulated environment

Why Join RAC as a Graduate?

• Build Your Career - Learn from experienced pricing specialists and gain hands-on experience with real commercial impact from day one
• Earnings That Motivate - Competitive salary plus enrolment in our Owning It Together Colleague Share Scheme.
• Tools to Drive Your Future - Free RAC Ultimate Complete Breakdown Service and access to a car salary sacrifice scheme (including EVs).
• Time Off That Matters - 25 days annual leave plus bank holidays, alongside flexible working support.
• Financial Security & Perks - Pension with up to 6.5% matched contributions and life assurance of 4× salary.
• Wellbeing That Works for You - 24/7 confidential support service available to you and your household.
• Extras That Make a Difference - Access to Orange Savings, offering discounts across retailers, travel and tech.

Why RAC?

For more than 128 years, RAC has been keeping drivers moving, supporting over 15 million members. With a strong culture of support, learning and progression (reflected in our 4.5-star Glassdoor rating), this is a place where you can build a meaningful and impactful career.