Pricing & Forecasting Manager

Conrad Energy Limited; Abingdon; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading energy company is looking for a Pricing & Forecasting Manager to oversee a team of analysts. This full-time position requires a strong background in UK electricity and gas markets, with responsibilities including developing pricing models and driving insights to optimize profitability. Candidates should possess excellent numerical skills and a degree in a relevant field.

Qualifications

• Minimum 3 years' experience in pricing, forecasting, trading or risk analysis within the UK gas or electricity industry.
• Proven experience managing a small team and developing talent.
• Good commercial acumen and strong analytical mindset.
• Excellent numerical ability and attention to detail.

Responsibilities

• Lead and develop a team of pricing/forecasting analysts.
• Develop, maintain and automate pricing models and forecasting tools.
• Produce regular forecasting and pricing dashboards/reports.
• Drive continuous improvements and identify automation opportunities.

Skills

Numerical ability

Analytical mindset

Stakeholder management

Commercial acumen

Attention to detail

Education

Degree in mathematics, economics or energy-related

Tools

Excel (complex formulas, VBA/macros)

Python

SQL

Power BI

Job description

Join to apply for the Pricing & Forecasting Manager role at Conrad Energy.

We are seeking a commercially astute and analytically driven Pricing & Forecasting Manager with established experience in UK electricity and gas markets. In this high‑impact role you will lead a team of pricing analysts, develop and enhance forecasting and pricing models across supply and generation portfolios, and play a pivotal role in driving margin, reducing risk and strengthening our competitive edge.

The Job

• Lead and develop a team of pricing/forecasting analysts: set objectives, review outputs, build capability and champion best practice.
• Develop, maintain and automate both standard and bespoke pricing models and forecasting tools for half‑hourly (HH) and non‑half‑hourly (NHH) metered electricity consumers and generators.
• Own the forecasting and pricing process for all cost elements contributing to customer tariffs: commodity cost, distribution, transmission, metering, industry charges, regulatory levies, and green certificates.
• Interface with Trading and Commercial teams to ensure hedging strategies reflect customer forecast volumes, minimise portfolio volume/price risk and align with market activity.
• Partner with Sales and Third‑Party Intermediaries to deliver accurate, competitive pricing aligned with customer profiles, ensuring timely responses to support an efficient tendering process.
• Analyse portfolio profitability: deliver insights on cost/margin drivers, identify opportunities to optimise pricing, reduce cost exposure and enhance margin.
• Produce regular forecasting and pricing dashboards/reports: track forecast accuracy (e.g., MAPE, variance to actual), root‑cause analyse deviations and feed improvements into model enhancements.
• Work with Back Office and Billing teams to prepare data inputs and pricing outputs for monthly billing cycles, escalating data exceptions, ensuring corrective action and process robustness.
• Drive continuous improvement: identify automation opportunities, advances in modelling (e.g., use of Python/SQL, machine‑learning techniques), update forecasting frameworks and ensure data governance.
• Stay abreast of regulatory, industry and wholesale market developments (e.g., settlement changes, new levies, decarbonisation policies) and ensure their impact is factored into forecasts, pricing models and risk management.

Education And Experience

• Minimum 3 years' experience in pricing, forecasting, trading or risk analysis within the UK gas or electricity supply/generation industry.
• Proven experience managing a small team and developing talent.
• Excellent numerical ability, strong analytical mindset and attention to detail; comfortable working under deadlines.
• Educated to degree level (preferably mathematics, economics or energy‑related).
• Advanced proficiency in modelling and data analytics: Excel (complex formulas, VBA/macros), Python and SQL; experience with data visualisation tools (e.g., Power BI).
• Comfortable working with large data sets, building databases, performing root‑cause fault analysis and creating dashboards to drive insight.
• Good commercial acumen: you understand trading, hedging, volume/price risk, customer segmentation, margin optimisation.
• Strong stakeholder management and communication skills: you can engage across functions (Trading, Commercial, Billing, Sales), explain complex technical models in business language and challenge assumptions where required.
• Knowledge of UK electricity/gas market frameworks, industry participants, settlement cycles (HH/NHH) and cost drivers (distribution, transmission, metering, renewables, regulatory).
• Eligibility to work in the UK.

Seniority level

Not Applicable

Employment type

Full‑time

Job function

Management and Manufacturing

Industries

Utilities

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Location: Abingdon‑On‑Thames, England, United Kingdom.