Senior Pricing Analyst

Senior Pricing Analyst

Role OVO-View

Location : Hub based! Bristol, London or Glasgow

But you have the flexibility to work wherever suits you best

Team : Energy Economics Team

Salary banding : £47,030 - £65,000

Experience : Mid-level / Expert

Working pattern : Full-Time

Reporting to : Naomi De Silva - Senior Pricing Manager

Sponsorship : Unfortunately we are unable to offer sponsorship for this role.

This role in 3 words : Commercial, Analytical, Collaborative

Top 3 qualities for this role : Communication, Self-starter, Adaptable

Everyone belongs at OVO

At OVO, we are on a mission to solve one of humanity's biggest challenges, the climate crisis. And we know it takes all of us to change the world. That's why we need diverse people from all gender identities, ethnicities, ages, sexual orientations, life experiences and backgrounds to join us.

Teamworking for the planet

Everything we do here spins around Plan Zero. So, naturally, the team you’ll be joining plays a gigantic role in making that happen. Here’s how :

Working within OVO’s Energy Business Line (EBL) function, this role will report into the Senior Pricing Manager within the Energy Economics Team. This role is a senior position responsible for delivering high profile analytical output that will enable OVO’s strategic growth and inform critical Business Planning and Pricing processes.

This role in a nutshell :

This is an exciting role working as part of a team of 3 analysts in the Pricing Team which has ownership of setting prices for approx. 4m customers in a highly competitive, highly regulated, highly volatile market. We also work to value optimise within our pricing principles and maximise the value generated from our customers, having a material impact on OVO’s commercial performance, business planning and commercial strategy.

Your key outcomes will be :

• Develop analytical models to enable us to hypothesise customer behaviours to recommend optimal prices. This would include models to forecast and understand competitor behaviour and expected pricing assumptions
• Evidence and test hypothesis on behaviours for existing OVO customers and for wider market
• Own price assumptions across a range of sales channels and activity
• Enable a coordinated effort to planning around price with KPIs to support delivery
• React to the market, to take day to day decisions on the value maximising 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 optimisation of our tariff offerings
• Collaborate with and influence the Propositions & Growth teams to innovate our pricing approaches to assure value and to leverage on the Energy Range
• Develop and own a standardised model to support the value assessment of new tariffs and propositions against both short term and long term business goals.
• You will develop positive relationships with internal stakeholders across all levels to consolidate and cascade information, highlight risks and opportunities and develop business processes.

Systems :

You’ll be a successful Senior Pricing Analyst here at OVO if you…

Let’s talk about what’s in it for you

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. Here’s a taster of what’s on offer :

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.

For your Belonging

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.