Commercial Manager Mr Price Money at Mr Price Group

Job Description

• Manage the profitability of the credit and insurance vertices within Mr Price Money  by leveraging a combination of data and market trends to drive the implementation of commercial projects and tactical business solutions  to support this growth.

Responsibilities

Strategy Execution:

• Execute the Credit and Insurance strategy, focussing on: - 
• Monitoring performance of existing base and responding appropriately in collabration with Marketing and BI Teams
• Monitoring performance of new customers working closely with the operations team to respond to shifts by channel 
• Collaborate with the Insurance Commercial BP to monitor performance and profitability of products and respond effectively 

Business intelligence :

• Leverage expert knowledge to determine where profit opportunities exist and can be optimised within the Financial Services potfolio
• Leverage skill to manage IFRS 9 modelling in collaboration with the Finance Team 
• Engage and network with cross-divisional stakeholders to keep abreast of group developments, opportunities and risks.
• Challenge business areas where risks are identified and/or desired business outcomes do not appear achievable.

Technology Support:

• Keeping abreast of latest technology to support the business strategy KPI's.
• Key component is the current migration from CDS to Financier - key dependency on being involved in the project to ensure all products are delivered on, legistlative/compliance issues considered and a scalable solution implemented to assist in delivering relevant products accross the relevant customer segments. 

Leadership & Team Management:

• Collboration is key to achieve divisional targets with the ability to cross collaborate accross Finance, Marketing, BI and Risk. 
• Work closely with the Commercial BP's to support career journey

Stakeholder Management

• Management of key stakeholder relationships to ensure that our relationships are being leveraged to achieve business imperatives.
• Cross collaboration across divisional business units are crticial to the succes of the role.       

Commercial Modelling 

• Close collaboration with the BI Team and Finance team to build commercial  models/forecasts for new product development.
• Consideration around relevant of product to a customer segment, supported by channel of deployment to ensure we meet the overall forecasts for the credit and insurance businesses. 

Qualifications
Education:

• Bachelor’s degree in business, Finance, Economics, Actuarial Science, Data Science, or a related field.
• Postgraduate qualification (MBA, CFA, or equivalent) advantageous.
• Regulatory certifications (e.g., RE5 and RE1) preferred but not mandatory candidates should demonstrate an ability to manage compliance requirements.
• A strong commercial and analytical background is essential.

Experience:

• 5+ years of experience in commercial strategy, business intelligence, financial services, insurance, or related industries, with at least 3 years in a senior or leadership capacity.
• Proven experience in profitability management, business intelligence, or commercial strategy execution.
• Experience in customer segmentation, credit risk, pricing strategy, or product development within financial services is highly beneficial.
• Demonstrated ability to influence executive-level decision-making and drive business outcomes through strategic insights.
• Track record of owning and delivering revenue and profitability targets, with an ability to translate data into actionable business strategies.
• Exposure to digital transformation projects, financial modelling, and technology-driven business solutions.
• Strong experience in leading cross-functional teams, managing stakeholder relationships, and working collaboratively across departments.
• Business development experience is a plus but not essential.

Knowledge/ Skills:

• Strong commercial acumen, with expertise in financial modelling, forecasting, and business profitability analysis.
• Ability to analyze market trends, customer data, and competitive intelligence to optimize credit and insurance portfolios.
• Understanding of cost of acquisition, pricing strategies, and product distribution models.
• Familiarity with financial services regulations, risk management, and compliance requirements.
• Ability to work with cross-functional teams, including Finance, Marketing, BI, and Risk.
• Excellent stakeholder management, negotiation, and leadership skills.
• Tech-savvy, with an interest in emerging technologies impacting financial services