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Lead Pricing Analyst

  • Location

    Manchester

  • Discipline:

    Credit Risk & Analytics

  • Job type:

    Permanent

  • Salary:

    £ Competitive

  • Consultant:

    #

  • Email:

    gcardew@merje.com

  • Job ref:

    GC/15817

  • Published:

    3 months ago

About our Client:

From origins as a small, independent gas supplier in the North West of England, they have grown to become a major business energy supplier. After just ten years, they have become the second largest business gas supplier in the UK and currently supply 34,000 business customers at over 80,000 sites across Europe.

Manchester is home to their European headquarters.

Your new role:

As Lead Pricing Analyst you will lead the delivery of commodity & risk prices to European Sales teams, and lead the project improvements to the team’s processes, systems, and models.

You will demonstrate an entrepreneurial attitude, and help lead improvements in the wider commercial area. Working alongside other teams, you will propose/scope/deliver projects such as:

  • Margin reporting & optimization
  • Building and adapting models to measure and price risk

What will you be responsible for?

Update the commodity price curves based on the latest market prices & volatility

Update the demand profiles in our pricing systems, using inputs from Forecasting

Provide bespoke risk premiums, and update the tables of ‘standard’ risk premiums in our systems

Provide transparency to management about the level of margin in the commodity & risk premiums, and work with Sales to optimize margin for competitive tenders

Support the locking of new business and swaps

Support process & systems improvement for the tasks above

You will support management in identifying, prioritising, and planning for pricing projects. You will then take a lead role in the delivery. The scope of the projects includes:

Pricing risk identification & quantification

Updating assumptions & calibration data for the risk models

Support hedging and forecasting strategies

What technical skills will you need:

Numerically competent

Able to apply maths to calculate commodity/risk prices

Able to work with IT to update pricing parameters/code in our IT systems

Able to analyse how existing pricing models in Python/Excel work

What soft skills will you need:

Able to work independently, and as part of a team

Able to manage stakeholder relationships, including setting expectations and delivering

Attention to detail

Project leadership. Can be relied upon for initiating and delivering improvements

Professionalism: demonstrates a positive example of behaviour & attitudes

EXPERIENCE

  • Qualifications in A-level maths (or equivalent) are essential.
  • Experience of statistical modelling, and working in a commercial environment is desirable.
  • Track record of leading project delivery is desirable.