HomeCareersSearch & ApplySenior Pricing Analyst – Strategy & Analytics

Senior Pricing Analyst – Strategy & Analytics

Location:

TX, Houston

Job type:

Permanent

Job Description

Direct Energy is a leading energy and energy-related services provider with nearly five million residential and commercial customers in North America. Direct Energy provides customers with choice and support in managing their energy costs through a portfolio of innovative products and services. A subsidiary of Centrica plc (LSE: CNA), one of the world’s leading integrated energy companies, Direct Energy operates in 50 U.S. states plus the District of Columbia and 10 provinces in Canada. To learn more about Direct Energy, please visit www.directenergy.com.

 

 

Job Primary Focus:

 Own and ensure accuracy of Revenue Rate forecasting for all residential markets
 Perform profitability, sensitivity, cohort & adhoc analysis on new products and offers
 Perform price to compare forecasting for all northeast markets
 Regularly audit products and highlight areas of opportunity
 Track and report product performance from inception to retirement
 Collaborate with Commercial and other LOB’s to establish, analyze and execute strategies
 Establish requirements for pricing and financial models and ensure accurate development and production by MIS
 Work closely with Structuring, Margin Forecasting, Data Management and Costing & Deployment teams

Requirements

Bachelor’s degree in Business, Statistics, Finance, Economics, IT, Mathematics or Engineering with at least 3+ years of experience in an energy-related field is required.
 Must be an expert in MS Excel and have advanced SQL skills i.e. querying, coding, table structures, etc.
 Advanced VBA coding and debugging skills required
 Knowledge of SAS, R, Matlab or Python coding is a plus
 Must have ability to build/develop Level 3 (complex) pricing and financial models
 Experience creating and managing fixed, variable, index and bundled energy products
 ETRM and energy billing system competency
 Knowledge of PUC pricing regulations and compliance
 Power ISO Competency – NYISO, PJM, MISO, ERCOT and NEPOOL
 Northeast and Midwest retail gas costing competency
 Knowledge of gross margin components i.e. CTS, CTA,
 Knowledge of utility Price to Compare component build-up and auction schedules
 Basic knowledge of energy hedging and load forecasting a plus.
 Must be able to work well under pressure and meet tight deadlines when necessary
 Able to present analysis and recommendations to varying levels of management
 Must have exceptional analytical and presentation skills

Responsibilities

1. Collaborate with wholesale pricing team to understand and validate the cost buildup of residential Cost of Goods Sold
2. Ownership of Revenue Rate Forecasting Engine and ability to explain PnL impacts
3. Must own the strategy models and ensure their integrity and validity
4. Margin reporting, headroom analysis, stress testing of prices and portfolio
5. Leverage end-to-end market understanding (wholesale market to customer life cycle) to drive a rigorous and quantitatively-based view of product offerings and margins
6. Work cross-functionally to understand all of the drivers of customer value and determine how to incorporate these learnings into the pricing, product and hedging strategies
7. Develop and drive understanding around customer segmentation leading to specific pricing strategies
8. Integrate and manage products and prices into IT systems with keen focus on every customer billed correctly
9. Motivate, build and manage relationships across the organization to ensure smooth exchange of ideas and proper implementation of processes
10. Deliver accurate analysis and recommendations to management
11. Adherence to NAH U.S Pricing PMCCV

The IndividualDirect Energy and its subsidiaries are an Equal Opportunity Employer - EOE AA M/F/Vet/Disability