Senior Pricing Analyst

1 month ago

Glasgow, Glasgow City, United Kingdom OVO Energy Full time
Senior Pricing Analyst

At OVO Energy, we're on a mission to solve one of humanity's biggest challenges: the climate crisis. We need diverse people from all backgrounds to join us in this effort.

About the Role

This is an exciting opportunity to work as part of a team of analysts in the Pricing Team, which has ownership of setting prices for approximately 4 million customers in a highly competitive, highly regulated, and highly volatile market. We work to value-optimize within our pricing principles and maximize the value generated from our customers, having a material impact on OVO's commercial performance, business planning, and commercial strategy.

Key Responsibilities
  • Develop analytical models to enable us to hypothesize customer behaviors and recommend optimal prices.
  • Evidence and test hypotheses on behaviors for existing OVO customers and for the wider market.
  • Own price assumptions across a range of sales channels and activities.
  • Enable a coordinated effort to planning around price with KPIs to support delivery.
  • React to the market, taking day-to-day decisions on value-maximizing levels to adopt and price changes to implement within agreed pricing principles.
  • Collaborate with the wider business/delivery teams to deliver price change and tariff launch business processes that support the agile optimization of our tariff offerings.
  • Collaborate with and influence the Propositions & Growth teams to innovate our pricing approaches to assure value and leverage on the Energy Range.
  • Develop and own a standardized model to support the value assessment of new tariffs and propositions against both short-term and long-term business goals.
  • Develop positive relationships with internal stakeholders across all levels to consolidate and cascade information, highlight risks and opportunities, and develop business processes.
Requirements
  • Experience with data analysis in other programming languages (e.g., Python or R).
  • Experience in data visualization tools (e.g., Tableau or Power BI).
  • Confident in dealing with large data sets and extracting key insights and results.
  • Specific experience in analyzing customer behavior and dynamics and interpretation of this information.
  • Confident when influencing senior stakeholders.
  • Motivated by responding to changing environments and taking the initiative in addressing and leading our response to complex challenges.
  • Ability to learn quickly to develop a detailed understanding of existing models and processes.
  • Highly analytical with strong data manipulation skills and advanced Excel/Google Sheets knowledge.
  • Experience writing SQL queries and working with BigQuery.
  • Proven high attention to detail and strong communication skills.
  • Team player who thrives in a challenging environment.
  • Flexibility; willing to contribute on a range of work aspects.
  • Commercial awareness to support prioritization and communication at a senior level.
  • Self-starter, comfortable working both autonomously and with colleagues to deliver value in a small, high-functioning team.
What We Offer

We'll pay you between £47,030 and £65,000, depending on your specific skills and experience. If your expectations are a little different, have a chat with us.

We keep our pay ranges broad on purpose to give us, and you, flexibility to match your experience to our zero-carbon mission.

You'll be eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal.

We also offer plenty of green benefits and progressive policies to help you feel like you belong at OVO...and there's flex pay. It's an extra 9% of your salary on top of your core pay to use as you like. You can take it as cash, add to your pension, or choose to spend it on a huge range of flex benefits.

For starters, you'll get 34 days of holiday (including bank holidays). For your health, with benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more. For your wellbeing, with gym membership, gadget, travel, and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more. For your lifestyle, with extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donations. For your home, get up to £300 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on smart thermostats and EV chargers. For your commute, nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans.

Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.

To find better ways to support our people, we need to listen to each other's experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It's up to you.

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