27 days 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:
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
- 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.