Pricing Engine Manager

Summary

Join Better Home & Finance Holding Company as a Pricing Engine Manager and oversee the optimization of two pricing engines that power publicly available rates on major marketplace websites. This critical role ensures marketing pricing engines align with core pricing strategies while maximizing competitiveness and profitability. You will maintain synchronization between core and marketing pricing engines, ensure pricing reflects market conditions, and develop processes to streamline pricing updates. Responsibilities include monitoring rate competitiveness, conducting competitive analysis, identifying revenue opportunities, collaborating with various teams, and developing real-time monitoring systems. The ideal candidate possesses 5+ years of capital markets experience, a strong understanding of mortgage pricing, and experience with pricing engines and lead marketplaces. Better offers comprehensive benefits, including a $0 medical plan premium, flexible PTO, mental health support, and more.

Requirements

• 5+ years of direct experience in capital markets
• Strong understanding of mortgage pricing
• Experience with pricing engines, rate optimization, and lead marketplaces is required
• Highly analytical, with advanced experience using SQL, Excel, and data visualization tools (eg: Looker)
• Ability to work cross-functionally with Capital Markets, Marketing, Sales, Product, and Data Science teams
• Strong communication skills with the ability to present complex data-driven insights in a clear and actionable manner
• Comfortable working in a fast-paced, data-driven environment with a test-and-learn mindset

Responsibilities

• Maintain synchronization between our core pricing engine and marketing pricing engines by working closely with Capital Markets, Product, Sales, and Marketing teams
• Ensure pricing changes reflect market conditions and align with internal pricing strategies
• Develop and implement processes to streamline pricing updates and minimize discrepancies between internal and external rate displays
• Continuously monitor rate competitiveness across marketplace websites and identify opportunities for arbitrage where pricing discrepancies can be leveraged for increased volume or margin
• Analyze competitor rate positioning and recommend adjustments to optimize market share
• Conduct regular competitive analysis and track trends in borrower demand, conversion rates, and pricing performance
• Identify opportunities to increase revenue per marketing dollar spent by optimizing pricing strategies, targeting, and placement
• Work with marketing and analytics teams to test and refine pricing strategies that drive higher ROI
• Implement data-driven decision-making by analyzing lead performance, customer acquisition cost (CAC), and return on investment (ROI) across different marketplace partners
• Collaborate with engineering and product teams to enhance pricing engine capabilities, including automation and predictive modeling
• Develop real-time monitoring systems and dashboards to track pricing performance and anomalies
• Generate regular performance reports highlighting key trends, optimization opportunities, and financial impact
• Work with data science and analytics teams to refine predictive models for pricing optimization

Preferred Qualifications

• Background in performance marketing, lead buying, or digital marketing optimization preferred
• Familiarity with API-driven pricing integrations and marketplace rate distribution preferred

Benefits

• Benefits eligibility effective DAY ONE
• $0 medical plan premium offering coverage nationwide paired with our Health Savings Account that includes an employer contribution
• Additional Medical, dental, vision plan options also all with nationwide coverage
• Flexible PTO
• Immediate virtual mental health support by licensed therapists for our employees and their eligible dependents age 6 and up! First few visits at no cost to you!
• Personalized care for every fertility and family care journey for our employees and their partner!
• Dependent care benefits (i.e. childcare and/or elder care costs) include a company match
• Discount programs and perks including pet Insurance!