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Pricing Analyst - Costing & Deployment - NA Home

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.

 

 

Primary Focus:

  • Develop and implement residential gas and power customer pricing throughout the Northeast and TX region
  • Create prices for new and existing products
  • Maintain and validate model inputs and outputs
  • Drive profitable sales and customer retention through collaboration with commercial, operations, finance, regulatory, sales, marketing and supply and trading teams
  • Work closely with Pricing Strategy and Analytics team

 

Requirements

Bachelor’s degree in Business, Statistics, Finance, Economics, Mathematics or Engineering with at least 2 years of experience in an energy-related field is required.
· Exceptional analytical skills
· ISO Competency – NYISO, PJM, MISO, ERCOT and NEPOOL
· Cost structuring and pricing competency – NYMEX, basis, capacity, storage, power transmission, losses, margin, CTS, and CTA.
· Utility Price to Compare component comprehension
· Basic knowledge of energy hedging and load forecasting a plus.
· Able to build relationships and influence peers in various retail and wholesale groups to deliver results
· Strong business acumen and commercial thinking
· Able to work well under pressure and meet tight deadlines when necessary
· Self-motivated with the ability to quickly learn complex market structures
· Detail oriented and able to produce accurate work products
· Expert in MS Excel; VBA coding and SQL experience is a plus
· Strong oral and written communication skills

Responsibilities

1.Responsible for accurate price calculation and timely deployment of rates
2. Develop prices for new products and market strategies
3. Own the pricing models and ensure their integrity and validity
4. 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
5. Collaborate with colleagues to maximize gross margin potential
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. Collaborate with wholesale pricing team to understand and validate the cost buildup of residential Cost of Goods Sold
10. Motivate, build and manage relationships across the organization to ensure smooth exchange of ideas and proper implementation of processes
11. Deliver accurate analysis and recommendations to management

 

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