At a Glance
- Tasks: Manage pricing requests and build relationships with suppliers and customers to optimise value.
- Company: Join Bionic, a tech-enabled business switching service with a vibrant workplace culture.
- Benefits: Enjoy 25 days annual leave, private healthcare, and flexible working options.
- Other info: Experience a dynamic team environment with opportunities for recognition and progression.
- Why this job: Be a key player in driving over £5 million in revenue while advancing your career.
- Qualifications: Strong organisational skills, excellent communication, and proficiency in Excel required.
The predicted salary is between 30000 - 40000 £ per year.
Bionic is a tech-enabled business switching service. We give small business owners a radically better way for them to sort their business essentials by combining smart technology with world class human service.
We have a magnetic workplace and you can feel the energy and passion the moment you walk through our door. Our amazing people and high-performance culture are a key part of our strategy, driven by 3 values that run through everything we do (known as our DNA). We won’t settle for OK - we set the highest standards and show up every day to be the best version of ourselves and in return, we’ll give you limitless opportunity to advance your career, with unbelievable progression, recognition and reward. This is why we were crowned the '7th Best Company' to work for 2020, 'Sunday Times Top 100' and awarded an accreditation for "Exceptional Workplace Engagement."
The main purpose of this role is to work as a central point between Bionic’s sales teams, supplier panel and Bionic’s highest value customers. By utilising strong relationship skills you’ll be optimising the value of pricing requests for our Customers, Suppliers and Bionic. You will be pivotal in managing a high value channel, driving over £5 million in revenue for the business every year.
The Major Business Pricing team form a part of the Commercial department, playing a key role in optimising our journey for high value customers. Working closely with the Major Business and Bionic Outbound sales teams as well as Suppliers such as British Gas and EDF, the key objectives are to provide accurate and competitive pricing in a timely manner to ensure the best customer outcomes.
We operate a hybrid working model, with a balance of collaboration in our London office and flexibility to work remotely. Our teams are fast-paced, collaborative, and results-driven, with a clear focus on delivering the best outcomes for customers while continuously improving internal processes.
As the Pricing Executive your key responsibilities will be:
- Collating quotes from suppliers in an efficient format for agents to present back to customers with high consumption or a high volume of meters
- Managing your workload independently and part of the team to drive end to end processes
- Building relationships with agents and suppliers to help advise on different pricing situations
- Working alongside the supplier management team to help obtain optimal rates from suppliers
- Providing regular updates to stakeholders regarding market changes (e.g. changes to supplier pricing, SLAs etc)
- Providing Suppliers with visibility of pricing placement and feedback, across the panel to help drive better rates
- Reporting and tracking to provide insights on how to optimise the performance of tenders
- Own and manage Bionics auto-tenders process to support retention rate and optimise process
- Manage tender tracking and reporting streams
Daily Responsibilities:
- Maintaining relationships with suppliers with regular calls/emails
- Updating stakeholders on tender position
- Formatting prices for customers and suppliers
- Providing suppliers with feedback of tender pricing
- Updating business units on performance
- Owning tenders process E2E
- Developing tender processes to improve efficiency
Ideal Candidate:
- Strong organisational skills and time management
- Able to deliver a high quality of work within short deadlines
- Excellent communication skills and able to build relationships with stakeholders to ensure important information is shared throughout the tender process
- Able to multi-task on different projects at the same time
- Strong Excel skills
- Keen eye for detail
- Ability to adapt to different supplier/agent's needs
- Work as part of a wider team to drive the performance of the business
- Can think outside the box and work independently to solve problems
Interview Process:
- Short One-Way Video Introduction
- Teams Call with Hiring Manager
- Excel Skills Test
- Final Stage held in office with our Hiring Manager
Benefits:
- Enhance your health & wellbeing
- Private healthcare cover
- Employee Assistance Programme, including a virtual GP service, priority physio & talking therapies
- Eyecare scheme
- 25 days annual leave plus the 8 UK bank holidays, increasing with tenure
- 1 paid family/religious day of leave per year - following successful probation period
- 1 paid charity volunteering day per year
- Option to buy/sell up to an additional 3 days leave per year
- Enhanced maternity, paternity or shared parental leave
- 2 days off for your wedding upon joining, and up to 5 days after 2 years' service
- Flexible working options & a hybrid work approach
- Auto-enrolled salary sacrifice pension scheme
- Life assurance
- Season ticket loans, salary advances & loans to buy/rent a home - based on tenure
- Cycle to work scheme
- Highflyers incentive, a VIP experience for our high performers across Bionic group to celebrate success
- Company summer & Christmas party celebrations, business and local zone only & annual awards and recognition
- Long service awards
Pricing Executive employer: Bionic
Bionic is an exceptional employer that fosters a vibrant and energetic workplace, where employees are empowered to excel and grow their careers. With a strong focus on high-performance culture, the company offers unparalleled opportunities for progression, recognition, and rewards, all while maintaining a flexible hybrid working model in the heart of London. Employees benefit from comprehensive health and wellbeing initiatives, generous leave policies, and a supportive environment that values collaboration and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Executive
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Bionic. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Pricing Executive
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bionic.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Bionic's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Bionic
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bionic.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Bionic will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Bionic employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
