Senior Pricing Analyst

Role OVO-View

Team: Commercial

Salary banding: £47,030 - £67,717

Experience: Mid-Level to Expert

Working pattern: Full-Time

Reporting to: 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

Where you’ll work:

At OVO, we understand that a one size fits all approach doesn’t work for everyone. That’s why we created the OVO Way of Flexibility.

All our roles are hub based (Bristol, Glasgow or London), providing a dedicated space for collaboration, connection and teamwork. You’ll also have the flexibility to work from home. 

Current members of the Pricing team mostly work from home full-time, while others in the wider team are based in Bristol, Glasgow and London.

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 abilities, genders, 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:

Our team is responsible for the price setting of our energy tariffs as we work to value optimise within our pricing principles. The principles and strategies we develop have a significant impact on how we engage and retain our current customers and gain new customers so that we can bring them on a journey to net zero.

This role in a nutshell:

This is an exciting role responsible for delivering high profile analytical output to enable OVO to engage and retain customers and grow strategically. The role informs critical business planning and pricing processes against the backdrop of fast paced retail and wholesale markets.

Your key outcomes will be:

Within your first 3-6 months you’ll:

• Sharpen your understanding of the wholesale and retail market dynamics which impact OVO’s pricing and the regulatory framework in which OVO operates
• Understand and contribute to maintaining the price setting frameworks we use
• Track competitor behaviour and undertake analysis to better understand their strategies
• Support the presentation of pricing recommendations to senior management
• Collaborate with the wider business, including Propositions, Growth, Tariff Delivery and Energy Economics teams to deliver price changes and support improved agility of price changes
• Support and develop standardised ways to assess the short and long term value of potential new customer propositions and compare these against each other
• Work collaboratively with the wider OVO data analyst community to provide joined up insights on the impact of pricing decisions on customer acquisition, retention, gross margins, and value.
• Develop strong relationships with internal stakeholders across all levels to consolidate and cascade information, highlight risks and opportunities and develop business processes.

Systems: We primarily use Google Sheets so advanced experience in this or Microsoft Excel is a must. Experience in SQL is highly beneficial as we use BigQuery SQL for working with large volumes of data. Experience in Google Looker Studio and JavaScript Google Sheets macros is beneficial, but not essential.

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

• Are confident responding to a changing environment and able to take the initiative in addressing and leading our response to complex challenges
• Have experience working in the energy industry and have an understanding of how a retail energy supplier operates within the wider industry. A detailed understanding of the drivers of costs and risks for suppliers is beneficial but not essential.
• Are experienced in analysing large datasets, working with ambiguous or limited data, and extracting key insights using SQL and Google Sheets or MS Excel
• Are able to learn quickly to develop a detailed understanding of existing models and processes
• Are able to explain complex concepts and market dynamics in a clear and simple way to a range of audiences
• Are able to work flexibly and switch between a range of tasks and ongoing projects
• Are able to work both autonomously and with colleagues to deliver value in a small, high-functioning team and within cross functional teams
• Are confident influencing senior stakeholders

Let’s talk about what’s in it for you

We’ll pay you between £47,030 - £67,717, depending on your specific skills and experience.

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 
For your home Get up to £400 towards any OVO Energy plan , 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.

Oh, and one last thing...

We’d be thrilled if you tick off all our boxes, yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you!

If you have any additional requirements, there’s a space to let us know on the application form; we want to make the process as easy and comfortable for you as possible..