At a Glance
- Tasks: Lead pricing strategies for complex energy products and guide a team of analysts.
- Company: Join npower Business Solutions, a leader in the B2B energy retail sector.
- Benefits: Enjoy 26 days holiday, generous pension, and flexible benefits.
- Other info: Hybrid working and a commitment to diversity and inclusion.
- Why this job: Make a real impact in the energy market while developing your career.
- Qualifications: Degree in Maths, Business, or Finance with strong analytical skills.
The predicted salary is between 52620 - 66907 € per year.
Location - Solihull (Hybrid working)
Salary - £52,620 - £66,907 plus excellent employee benefits and career progression
Fixed term - 12 months
About the Role
npower Business Solutions (nBS) is the E.ON UK Industrial and Commercial (I&C) pillar and a market leader in the B2B energy retail sector. I&C is a £6 billion revenue business serving c60,000 customers and around 300,000 meter points with a view to becoming the number one B2B energy supplier in the UK.
You will be responsible for the pricing of complex fixed and flex export structured products, ensuring costs reflect current and forecast market conditions while supporting volume and hedging risk mitigation via appropriate contract terms and conditions. You will need to understand the product pipeline and use understanding of customer contracts and Route to Market agreements to influence the development of such products ensuring the terms are sufficiently robust to improve the risk profile and risk‑adjusted returns of the business. You will require significant stakeholder management and detailed knowledge of the end‑to‑end commercial process.
Main Responsibilities of the Role
- Responsible for timely, accurate pricing ensuring the application of accurate known and forecasted volumes, costs, and contract margin expectation.
- Guide a team of Pricing Analysts and support the Pricing Manager in coordinating team outputs to meet Sales and Customer expectations, considering competing and often conflicting demands/viewpoints in determining and prioritising workload.
- Responsible for executing the controls in place to manage pricing validation and for the sign off for all the pricing activity of our Pricing Analysts, ensuring DOA authorisation is adhered to.
- Test and develop new system that will be used for volume forecasting and pricing application to ensure that for all scenarios the system is fit for purpose, ensuring accuracy for every scenario that would be encountered.
- Propose and support processes and system developments through the Change Management (CM) process to enhance business productivity and performance.
- Develop strong working relationships with Generation Services and C&S Client Leads, sharing an understanding of our pricing and forecasting techniques, working collaboratively to find the best pricing solution for current and prospective customers.
- Support complex and challenging conversations with internal and external customers, including Client Leads, Service and energy sellers.
- Manage, challenge, and interpret large, complex, often incomplete data sets from a multitude of sources within strict deadlines. This will need to be analysed and presented in a clear, consistent and insightful manner.
- Support the Pricing Manager in building a capability within the team to understand the complex commercial risks, product structures and process so that continuous improvement, improved efficiency and automation are considered BAU.
- Guide the Pricing Manager in prioritising workflow and resource allocation of a team of Pricing Analysts ensuring pricing is concluded in accordance with the deadlines set out in SLAs, route to market agreements and customer contracts.
- All pricing is subject to a minimum 4‑eyes check with the role holder executing a personal DoA to complete final sign‑off on pricing up to a contract volume of 100 GWh.
- The role holder will provide analyst feedback and training where errors have been identified.
- Ability to make decisions with conflicting priorities with various senior stakeholders – strategic customers, Sales Managers and Client leads, Change and IT.
What We Need From You
- Proven exposure to dynamic, commercial environments with a track record of ongoing success.
- Of graduate calibre with technical or vocational qualifications and experience to match the needs of the role, e.g. Mathematics, Business Studies, Finance, etc.
- An understanding of the UK Energy Market including wholesale, retail, renewables, distribution, conservation and generation market spaces.
- Ability to analyse and interpret complex, multiple sources of data and insight to optimise financial performance, provide intelligent commentary and make strategic recommendations to inform critical business decisions.
- Detailed knowledge and understanding of gross margin and EBIT drivers.
- Strong understanding of commercial, financial and generation services functions.
- Ability to manage multiple stakeholders with competing perspectives, needs and priorities in an increasingly time‑constrained environment with a passion for delivering financial value, customer and operational excellence.
- In depth understanding of valuation and risk analysis methods and statistical analysis.
- Have good IT skills – MS Office suite (especially Excel), VB(A), statistical packages.
- Demonstrate ability to transform theoretical knowledge to practical, real‑world situations and be able to articulate complex issues in a concise and compelling fashion up to and at ELT/SLT level.
- Be results‑oriented, able to meet tight deadlines and produce clear and concise feedback/reports to senior management.
- Excellent communication skills and the ability to influence senior individuals across teams / functions.
Benefits
- Award‑Winning Benefits: Our market‑leading benefits package includes 26 days of holiday plus bank holidays, a generous pension scheme, life cover, bonus opportunities, and access to 20 flexible benefits with tax and/or NI savings.
- Recognised with the Personnel Today Reward, Recognition and Benefits Award 2022, our benefits truly stand out.
- In 2024, we earned Double Recognition at the Personnel Today Awards for our exceptional family‑friendly and hybrid working initiatives.
- Inclusive Employer: As the only energy company in the Inclusive Top 50 UK Employers (currently ranked 8th), we’re committed to equal opportunities, diversity and fairness for everyone.
- Equal Opportunity Support for Disabled Applicants: As a Disability Confident Employer, we guarantee an interview for all disabled candidates who meet the minimum role criteria.
- Development Opportunities: With inclusive talent networks, learning resources, and skill‑building programs, your career growth is a priority.
Senior Pricing Analyst employer: E.ON UK PLC
At npower Business Solutions, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of Solihull. Our award-winning benefits package, including generous holiday allowances and a commitment to employee development, ensures that our team members thrive both personally and professionally. With a strong focus on inclusivity and career progression, we empower our employees to make meaningful contributions while enjoying a supportive and flexible working environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their pricing strategies and market position. This will help you speak confidently about how you can contribute to their goals.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to stakeholder management and data analysis. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Pricing Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Pricing Analyst role. Highlight your experience in pricing, data analysis, and stakeholder management. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the energy sector and how your background makes you a perfect fit for our team. Keep it engaging and relevant to the job description.
Showcase Your Analytical Skills:Since this role involves handling complex data sets, make sure to showcase your analytical skills in your application. Mention any tools or methods you've used to interpret data and make strategic decisions.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at E.ON UK PLC
✨Know Your Numbers
As a Senior Pricing Analyst, you'll be dealing with complex data sets. Brush up on your financial metrics, especially gross margin and EBIT drivers. Be ready to discuss how you’ve used these in past roles to influence pricing strategies.
✨Understand the Energy Market
Familiarise yourself with the UK Energy Market, including wholesale and retail dynamics. Prepare to discuss current trends and how they might impact pricing decisions. Showing that you’re in tune with the market will impress your interviewers.
✨Stakeholder Management Skills
You’ll need to manage multiple stakeholders with competing priorities. Think of examples where you've successfully navigated conflicting demands. Highlight your communication skills and how you’ve influenced decisions in previous roles.
✨Showcase Your Analytical Skills
Be prepared to demonstrate your ability to analyse and interpret complex data. Bring examples of how you've transformed data insights into actionable strategies. This will show your potential employer that you can handle the analytical demands of the role.
