Motability Operations
Asset Risk & Pricing Analyst Placement Programme
Job Location
London, United Kingdom
Job Description
Description
What you'll be doing
A placement in our Asset Risk and Pricing teams gives you unique exposure to the core elements of risk management & commercial strategy. You will have the opportunity to apply skills you've developed so far and learn many new ones in a commercial setting.
Motability Operations is exposed to over £10bn of asset risk via the vehicles we own and lease to our customers. Forecasting future vehicle values and asset depreciation is a key function of the business. The Asset Risk team uses a combination of econometric and data science approaches and industry expertise to understand and model the macro and micro influences. Margins are particularly tight, with just a £5 error in forecast for each car amounts to >£3m!
In the Pricing team, you will help shape the price list for our 800,000 customers across our Car, Wheelchair Accessible Vehicle (WAV) and Powered Wheelchair & Scooter (PWSS) schemes. This highly commercial area of the business balances the needs of customers with those of our suppliers and scheme partners, while managing MO's profit margins within a target range. This critical team is tasked with delivering an affordable, sustainable, and diverse product offering for our customers.
The Pricing team takes a commercial focus by balancing the needs of customers with those of our suppliers and scheme partners while managing our own profit margins within a target corridor. This key area of the business is tasked with delivering an affordable, sustainable, and varied product offering for our customers.
If you would like to find out what working in these areas entails, please do get in touch!
The Role
Our 12-month placement programme is built on three key pillars: contributing, personal development, and the project.
Our programmes go above and beyond just the day job. You'll gain valuable experience in your chosen business area while also having the space and opportunity to challenge yourself and develop your skills.
Motability Operations is a Disability Confident Leader
As a Disability Confident Leader, any applicant considered to have a disability who meets the minimum criteria as set out in the role profile, will be offered an interview.
We also have a responsibility to actively seek out and attract disabled candidates by providing a fully inclusive and accessible recruitment process.
This involves flexibility and adjusting as required when assessing candidates to ensure those with a disability have the best possible chance of demonstrating their suitability for the job.
Please note, if you application progresses to our video assessment stage, you will be invited to complete a one-way video interview online via Spark Hire's video platform. By submitting this form you agree to our privacy policy: https://www.motabilityoperations.co.uk/utilities/privacy-notice/ . In particular, you agree that your personal information will be shared with Spark Hire and that Spark Hire will share your personal information with us, including but not limited to, your name, email address and recordings of your video interview.
Qualifications
Minimum criteria
You'll need all of these.
Who you'll be working with
A supportive and friendly department based in the City of London, you will be a fully-fledged analyst from day one - given responsibilities and opportunities to support your professional development. Our previous placement students keep in touch and value their time at Motability Operations highly. We have a proven track record for our previous placement students who have all secured a job at top companies straight after completing their degree, with the opportunity to come back to Motability Operations too!
Benefits
About us
We're the company behind the Motability Scheme. We exist to deliver smart, sustainable solutions that improve our customers' mobility in a fast-changing world. We're the UK's largest car leasing company and we help over 800,000 people get on the road.
We employ over 1800 people, across London, Bristol, Edinburgh, and Coalville. We know our people are key to our success, so we aim to create an environment that allows our employees to flourish. We look for highly motivated people with a combination of commercial sense and real enthusiasm to meet our customers' needs.
What we do
We lease a wide range of tailored mobility solutions to people who receive of one of the Government's qualifying mobility allowances. Our customers choose a car, Wheelchair Accessible Vehicle (WAV), scooter or powered wheelchair that best suits their needs. We take care of their insurance, breakdown, servicing and more, as part of our worry-free package.
At the end of the lease, our customers can exchange their vehicle for a brand-new model. Each year we sell and move around 200,000 cars. This makes us the largest supplier of single-source vehicles back into the used car market.
The Scheme has been providing affordable, worry-free motoring for over 45 years. We pride ourselves on delivering outstanding customer service, with an independent customer satisfaction rating of 9.6 out of 10.
How we work
We work in a hybrid way. That means remotely for up to two days each week and in our great office spaces the rest of the time. This gives us a good work/life balance and lets us collaborate and deliver for our customers. Visit our website to find out more.
We do our best to accommodate part-time and flexible working requests, where possible, to build on our culture of trust, empowerment, and flexibility.
Our beliefs and values
We believe in building a diverse workforce, where our people are empowered to attend work as their true selves. We encourage people from all backgrounds to apply.
We want to sustain a nurturing culture. And our people to be rewarded equally, regardless of race, national or ethnic origin, sexual orientation, age, disability, or gender.
Our values are at the heart of everything we do:
Please note, Motability Operations reserves the right to bring forward the closing date of any of its job vacancies if we receive a suitable number of quality applications from which to make a shortlist. Therefore, we recommend that you apply as soon as possible rather than wait until the published closing date.
Location: London, GB
Posted Date: 9/26/2024
What you'll be doing
A placement in our Asset Risk and Pricing teams gives you unique exposure to the core elements of risk management & commercial strategy. You will have the opportunity to apply skills you've developed so far and learn many new ones in a commercial setting.
Motability Operations is exposed to over £10bn of asset risk via the vehicles we own and lease to our customers. Forecasting future vehicle values and asset depreciation is a key function of the business. The Asset Risk team uses a combination of econometric and data science approaches and industry expertise to understand and model the macro and micro influences. Margins are particularly tight, with just a £5 error in forecast for each car amounts to >£3m!
In the Pricing team, you will help shape the price list for our 800,000 customers across our Car, Wheelchair Accessible Vehicle (WAV) and Powered Wheelchair & Scooter (PWSS) schemes. This highly commercial area of the business balances the needs of customers with those of our suppliers and scheme partners, while managing MO's profit margins within a target range. This critical team is tasked with delivering an affordable, sustainable, and diverse product offering for our customers.
The Pricing team takes a commercial focus by balancing the needs of customers with those of our suppliers and scheme partners while managing our own profit margins within a target corridor. This key area of the business is tasked with delivering an affordable, sustainable, and varied product offering for our customers.
If you would like to find out what working in these areas entails, please do get in touch!
The Role
- Two six-month rotations working as an analyst, identifying changing internal and external factors, and how they impact the business and our forecasts
- Presenting & contributing in forums, proactively influencing decision making
- Ownership of analytical projects with deliverables that make a difference
- The rotations will primarily focus on Analytics and Pricing, with further opportunities to gain experience from roles across the business through cross-divisional projects
- Alongside your team and line manager, you will also be paired with a buddy and a mentor to support your professional development
Our 12-month placement programme is built on three key pillars: contributing, personal development, and the project.
- Contributing: Immerse yourself in your chosen business area, making meaningful contributions to team objectives and projects, and gaining invaluable hands-on experience.
- Personal Development: Beyond your daily tasks, you'll have dedicated time for learning and growth including mentor catch ups. With tailored resources and support, you'll enhance your skills and knowledge, benefiting your work, the project, and your future career.
- The Project: Lead and collaborate with fellow placement students on impactful projects that benefit both the business and the community, offering a unique opportunity to make a tangible difference.
Our programmes go above and beyond just the day job. You'll gain valuable experience in your chosen business area while also having the space and opportunity to challenge yourself and develop your skills.
Motability Operations is a Disability Confident Leader
As a Disability Confident Leader, any applicant considered to have a disability who meets the minimum criteria as set out in the role profile, will be offered an interview.
We also have a responsibility to actively seek out and attract disabled candidates by providing a fully inclusive and accessible recruitment process.
This involves flexibility and adjusting as required when assessing candidates to ensure those with a disability have the best possible chance of demonstrating their suitability for the job.
Please note, if you application progresses to our video assessment stage, you will be invited to complete a one-way video interview online via Spark Hire's video platform. By submitting this form you agree to our privacy policy: https://www.motabilityoperations.co.uk/utilities/privacy-notice/ . In particular, you agree that your personal information will be shared with Spark Hire and that Spark Hire will share your personal information with us, including but not limited to, your name, email address and recordings of your video interview.
Qualifications
- You are analytically minded, and love to solve and breakdown complex problems
- You have a genuine interest in current affairs and a high level of business acumen
- Passionate about working with data and keen to develop your skills within a team
- A confident presenter who enjoys to collaborating with others
Minimum criteria
You'll need all of these.
- Currently in your 2 nd year and on track achieve a 2:1 or better in a numerical degree
- Able to travel to the London Office 3 days a week
- Exposure to Excel & any programming language (Python/R) would be advantageous
- Looking to start from July 2025
Who you'll be working with
A supportive and friendly department based in the City of London, you will be a fully-fledged analyst from day one - given responsibilities and opportunities to support your professional development. Our previous placement students keep in touch and value their time at Motability Operations highly. We have a proven track record for our previous placement students who have all secured a job at top companies straight after completing their degree, with the opportunity to come back to Motability Operations too!
Benefits
About us
We're the company behind the Motability Scheme. We exist to deliver smart, sustainable solutions that improve our customers' mobility in a fast-changing world. We're the UK's largest car leasing company and we help over 800,000 people get on the road.
We employ over 1800 people, across London, Bristol, Edinburgh, and Coalville. We know our people are key to our success, so we aim to create an environment that allows our employees to flourish. We look for highly motivated people with a combination of commercial sense and real enthusiasm to meet our customers' needs.
What we do
We lease a wide range of tailored mobility solutions to people who receive of one of the Government's qualifying mobility allowances. Our customers choose a car, Wheelchair Accessible Vehicle (WAV), scooter or powered wheelchair that best suits their needs. We take care of their insurance, breakdown, servicing and more, as part of our worry-free package.
At the end of the lease, our customers can exchange their vehicle for a brand-new model. Each year we sell and move around 200,000 cars. This makes us the largest supplier of single-source vehicles back into the used car market.
The Scheme has been providing affordable, worry-free motoring for over 45 years. We pride ourselves on delivering outstanding customer service, with an independent customer satisfaction rating of 9.6 out of 10.
How we work
We work in a hybrid way. That means remotely for up to two days each week and in our great office spaces the rest of the time. This gives us a good work/life balance and lets us collaborate and deliver for our customers. Visit our website to find out more.
We do our best to accommodate part-time and flexible working requests, where possible, to build on our culture of trust, empowerment, and flexibility.
Our beliefs and values
We believe in building a diverse workforce, where our people are empowered to attend work as their true selves. We encourage people from all backgrounds to apply.
We want to sustain a nurturing culture. And our people to be rewarded equally, regardless of race, national or ethnic origin, sexual orientation, age, disability, or gender.
Our values are at the heart of everything we do:
- We believe no one should be left behind We find solutions
- We believe we must take the lead We drive change
- We believe everything starts with the customer We care
Please note, Motability Operations reserves the right to bring forward the closing date of any of its job vacancies if we receive a suitable number of quality applications from which to make a shortlist. Therefore, we recommend that you apply as soon as possible rather than wait until the published closing date.
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Location: London, GB
Posted Date: 9/26/2024
Contact Information
| Contact | Human Resources Motability Operations |
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