Pricing Analyst

THE ROLE:

Location:
Birmingham, we operate a Hybrid working policy and employees are required to be in the Birmingham office a minimum of 2 days per week
Hours
Full time Monday to Friday, 37.5 hours a week.

We are seeking to recruit a Pricing Analyst in a new position to join the growing Commercial department.

WHAT YOU’LL BE DOING:

We have a high performing, well-established and growing Portfolio and Pricing team, who are supporting significant sales growth, product developments and providing contract management, portfolio analysis and insight. This new role has been created to grow the Pricing team and support an ambitious business plan.

Reporting to the Pricing Team Manager, the Pricing Analyst is responsible for the timely and accurate assessment, preparation and pricing of prospective customer electricity supply offers. This will cover a range of products across Bryt Energy’s product suite, with an expectation of being able to support Sales demand by pricing within SLAs. The Pricing Analyst will have a thorough understanding of the product options, the pricing methodology for each option, the input costs and variables and the risks facing Bryt Energy as Supplier.

YOU’LL BE RESPONSIBLE FOR:

  • Analyse historic consumption data from HH customers and prepare for pricing.
  • Forecast consumption data forwards, based on historic data, for the duration of the proposed contract, using technical expertise to manipulate large data sets.
  • Carry out Risk assessments on all potential customers to ensure that the data and activities of the client are understood before they are priced.
  • Liaise with Sales teams and Statkraft to resolve queries, request additional or missing information and to obtain the necessary pricing inputs.
  • Carry out ad hoc data analyses as required, for example conducting market research on energy suppliers.
  • Create price offers for all available products, including fixed, flex, cash-out and basket supply contracts, against market data.
  • Dealing with complex pricing of strategic customers with bespoke requirements.
  • Production of matrix prices to support various Sales products and tariffs (e.g., deemed and out of contract).
  • Manage the price validity of offers with Sales and Statkraft against operational parameters, refreshing price offers where necessary.
  • Working with the Portfolio Operations team to ensure all customer queries and activities post onboarding are completed, supporting with workload where necessary.

THE IDEAL CANDIDATE:

What you’ll bring to the team:

  • Excellent analytical skills to provide meaningful insight and inform actions/decisions with an ability to interrogate and manipulate large and complex sets of data.
  • Ability to understand complex problems and datasets and able to propose solutions to problems.
  • Excellent attention to detail whilst keeping your focus on the context and ultimate objectives.
  • Effective and adaptable communication skills for all levels of the business, with an ability to explain complex issues clearly and succinctly.
  • A hands-on approach with the ability to bring structure to tasks.
  • Excellent organisational and time management skills with the initiative and ability to proactively plan and prioritise own work.
  • Ability to work effectively and calmly under pressure, prioritise workload and meet deadlines.
  • Enthusiastic delivery of regulatory compliance.
  • Ambition and drive to progress yourself, your team and the business.

 

Education and Training:

  • Qualified to degree level (preferably in a maths or analytical related subject).
  • Highly numerate with commercial acumen.
  • A basic knowledge of the current UK B2B electricity supply industry and regulatory regime will be an advantage.
  • Prior experience in complex energy pricing operations will be an advantage, and especially a familiarity with I&C Flex contracts.

 

Abilities and Skills:

  • Advanced Excel and MS Office skills are essential; skills in VBA coding or further applications will be an advantage.
  • Highly effective organisation and prioritisation skills.
  • Proactive and energetic approach, with a positive attitude and an ability to work well under pressure.
  • Flexible and adaptable to respond to changing priorities.

THINK YOU’VE GOT WHAT IT TAKES?

Contact us at careers@brytenergy.co.uk.

Optimisation Desk Manager

THE ROLE:

Location:
Birmingham
Hours
Full time Monday to Friday, 37.5 hours a week.

We’re looking to recruit an Optimisation Desk Manager to a new role to join our expanding Energy Transition Team within our commercial department

WHAT YOU’LL BE DOING:

The Optimisation Desk is an exciting next step for Bryt Energy as we develop our Energy Transition business. The Desk will sit within the Cost & Risk team in the Commercial department and will be tasked with the day-to-day management and reporting of Bryt Energy’s Optimised customers.

The new role of Optimisation Desk Manager will report into the Head of Cost & Risk and be responsible for the running of Bryt Energy’s Optimisation Desk with the help of a small team of analysts. Making sure that we are optimising our customers’ assets to achieve profits for ourselves and the customer/partner via the different markets and services available to the asset, this will involve staying abreast of market conditions and regulatory changes with an eye for opportunities and risks.

Whilst some of this planned activity is already happening, you will be actively involved in establishing the team and setting up required processes and systems. This will take the form of formalising and learning existing activities plus creating many new areas as we expand our Energy Transition remit.

YOU’LL BE RESPONSIBLE FOR:

  • The operation and management of Bryt Energy’s Optimisation Desk including all daily and monthly optimisation processes across a range of technologies, asset types and markets.
  • Maintaining & improving our Optimisation Engine, which is the heart of our Energy Transition value proposition. You will be responsible for applying your industry expertise and advanced modelling skills to the complex methodology and calculations contained within this business-critical Engine, ensuring the delivery of commercial value from Optimisation decisions.
  • Managing the market trading relationships & operational function design between Bryt Energy, Statkraft and third-party partners for Optimisation products. Ensure processes are fit for purpose and evolve in line with products and services.
  • Providing excellent customer service and being the primary contact point for customers regarding their optimisation.
  • Setting up and maintaining asset databases of customers and potential customers, for both in-contract management and sales pipeline lead generation.
  • Modelling new opportunities for optimisation via current models and improving these models as and when required.
  • Standardising the output from these models to feed seamlessly into tender and quotation responses.
  • Based on the outputs develop a strategy for customers and presenting this to clients as required.
  • Attending meetings with customers/partners to discuss performance of the strategy and adjustments to that strategy.
  • Keeping abreast of new services and regulatory changes that will affect the optimisation portfolio and help respond to consultations on those changes. Keeping stakeholders informed of opportunities and risks presented by these changes.
  • As per the agreed strategies, ensure that assets are participating in the services required eg DFS/DNO Services/CM etc. Assist Operational teams to get access to these markets.
  • Identify assess and manage of commercial risks facing the company, relating to Optimisation services and products.
  • Providing market updates for clients and prospective clients with respect to Ancillary markets (and wholesale markets).
  • Creating and maintaining a suite of reports for Optimisation customers on post-event performance and working towards as near as possible real time reporting.
  • Key Stakeholders will be: Head of Energy Transition, Head of Cost & Risk, Operations & Billing team, Finance, IT & Projects, Statkraft, third party system providers.

THE IDEAL CANDIDATE:

What you’ll bring to the team:

  • Excellent analytical skills to provide meaningful insight and inform actions/decisions with an ability to interrogate and manipulate large and complex sets of data.
  • Ability to understand complex problems and datasets and able to propose solutions to problems.
  • Ability to instigate and deliver change, delivering innovative solutions to complex commercial challenges and proposing process improvements.
  • The drive and skills to develop and improve operational processes and controls.
  • Effective management of internal and external stakeholders and operational processes that cross team boundaries.
  • Proven ability to construct high quality models and/or optimisation engines from scratch, collaborating with other departments to acquire the necessary input data and creating a structured approach.
  • Excellent attention to detail whilst keeping your focus on the context and ultimate objectives.
  • Effective and adaptable communication skills for all levels of the business, with an ability to explain complex issues clearly and succinctly.
  • A hands-on approach with the ability to bring structure to tasks.
  • Ability to work effectively and calmly under pressure, prioritise workload and meet deadlines.
  • Enthusiastic delivery of regulatory compliance.
  • Ambition and drive to progress yourself, your team and the business.
  • Managerial expertise to help develop and improve team.

 

Education and Training:

  • Qualified to degree level (preferably in a STEM or related subject) or have relevant experience in energy/trading environment.
  • Highly numerate with commercial acumen.
  • Excellent statistical, modelling and analysis skills to support robust optimization. modelling and strategy building; able to apply sound theoretical knowledge to practical problems.
  • An excellent knowledge of the current UK Ancillary Services and their regulations is highly desirable.

 

Abilities and Skills:

  • Advanced Excel skills are essential.
  • Knowledge of PowerBI, SQL, Python or other coding language would be highly desirable.
  • Highly effective organisation and prioritisation skills with the initiative and ability to proactively plan and prioritise own work and that of the team.
  • Proactive and energetic approach, with a positive attitude and an ability to work well under pressure.
  • Be an independent thinker with the ability to identify problems and contribute to the development of solutions, helping Bryt Energy to remain at the cutting edge of innovative thinking in the sector.
  • Flexible and adaptable to respond to changing priorities.
  • Management of a small team of analysts.

THINK YOU’VE GOT WHAT IT TAKES?

Contact us at careers@brytenergy.co.uk.