Lead Pricing Analyst
About the Role
Base Location: Cardiff, Reading and Perth – this is a hybrid role working a minimum two days a week from the office at the advertised locations.
Salary: £52,285 - £60,730 + a range of other benefits to support your family, finances and wellbeing.
Working Pattern: Permanent | Full Time | Flexible First options available
What is the Role?
The Commercial function supports Business Energy in making great decisions backed by great numbers. As the Lead Pricing Analyst you will be responsible for the continued optimisation of the pricing structure within our operating platform, developing modelling capability to improve competitive pricing and to ensure Regulatory developments are suitably captured within our modelling. You will work closely with colleagues from across Business Energy to ensure non-commodity costs are optimised to balance risk/reward and to ensure the highest level of compliance with Regulatory obligations.
As part of your role you will:
- Develop and maintain the BE pricing strategy across our portfolio recommending pricing strategies including determination of right price point by portfolio, product, and customer to optimise short and long-term profitability.
- Work with key stakeholders across the business, to develop budget and forecasted expectations across the portfolio, demonstrating variability in risk and opportunities.
- Understand all relevant cost elements of each product and proposition and the impact to margin, including a thorough understanding of where we hold exposure and what mitigations could be implemented to manage this. You will monitor actual performance against budget and forecast and make recommendations to react to this variability.
- Develop pricing strategy for new and existing products to ensure price points are set to optimise sales opportunity and value. Provide pricing support to ensure that tender offerings are reflective of market conditions and in line with commercial guidelines.
- Monitor competitor pricing activity and provide insight on competitor strategy and tactics, considering wider political and regulatory environment. Overlay customer behaviour insight to place a much stronger focus on valuing competitor activity.
- Coaching and development of commercial analysts to share knowledge and ideas and establish best practice pricing execution, including deployment of advanced data analytics, and streamlined processes.
What do I need?
To be considered for this role, we would love you to have:
- Demonstrated pricing experience within the energy industry.
- Strong commercial understanding including financial principles, terms and concepts.
- Analytical experience with complex data sets and modelling.
- Experience in planning and delivering of complex project activities.
- Ability to negotiate, justify and articulate complex problems and actions to resolve.
About our Business
The race to net zero is intensifying for businesses of all sizes. Sustainable decisions made today can meet customers' changing needs for tomorrow and bring long-term success for businesses. Part of SSE plc, the UK and Ireland's largest renewable electricity generator, SSE Energy Solutions is different as all its renewable electricity is sourced from SSE's own UK wind and hydro assets.
In addition to providing gas and electricity to businesses across the UK, SSE Energy Solutions invests in, builds and connects localised flexible infrastructure to drive the long-term performance of energy assets. SSE Energy Solutions works with its customers to deliver financially robust plans to bring flexibility and diversity to their energy infrastructure - the low-carbon solutions they need to succeed in the race to net zero.
What’s in it for you?
An excellent package with 34 days holiday entitlement (including public holidays), enhanced maternity/paternity leave, discounted healthcare, salary sacrifice car leasing and much more, view our full benefits package on our careers site.
As an equal opportunity employer we encourage diversity and are committed to creating an inclusive environment for all employees. We actively encourage applicants from all protected characteristics and commit to providing any reasonable adjustments required during the application, assessment and upon joining SSE. Search for ‘Inclusion & Diversity at SSE’ to find out more.
Next Steps
All applications should be submitted online, and I'll be back in touch after the vacancy closing date to let you know the outcome.
If you would like to discuss any working differently requirements or adjustments you may require throughout the recruitment and selection process, please contact Lynsey on lynsey.macdonald@sse.com or on 01738 340426.
Before commencing employment with SSE, you'll be required to fully complete our pre-employment screening process consisting of a basic criminal records and credit check.
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