Pricing Analyst Associate

American Electric Power • Columbus, OH

2d

About The Position

Provides pricing and structural support to all of AEP Energy’s retail electric sales efforts. Responsibilities include identifying all components of cost that apply to serving retail customers including energy, capacity, transmission, and delivery charges. Determine product structure and prices quoted to retail customers, ensuring that the quotes conform to supply costs and other established pricing policies. Work with large data sets. Maintain and improve current knowledge and understanding of market trends, electric supply, and fundamentals across various RTOs

Requirements

• Bachelor’s degree in accounting, finance, engineering, sciences or a related field is required.
• 0-1+ years in commercial energy transacting organization desired.

Nice To Haves

• Basic knowledge/experience with Microsoft products including Excel & SQL.
• Familiarity with energy markets, utilities or regulated industries.
• Familiarity with Power BI.
• Internship or project experience in pricing, analytics or financial modeling.
• Strong service and results orientation.
• Intellectual curiosity and willingness to learn.
• Effective problem-solving skills.
• Ability to work from concept to analytics to identify alternatives and develop unique solutions.
• Team player with strong interpersonal skills.
• Excellent communication skills – written, spoken, listening with ability to explain and interpret complex issues clearly, mindful of audience.
• High-energy, drive and ambition.
• Ability to prioritize, plan proactively, manage conflicting priorities and multi-task effectively.
• Deliver high quality work consistently and on time.
• Attention to detail, while also considering the big picture.

Responsibilities

• Customer Specific Pricing Produce accurate prices and products for a variety of customers for the sales team.
• Assist in the development of pricing strategies and models for marketing campaigns and large customers or customer groups.
• Communicate pricing results to sales staff and answer follow-up questions.
• Track individual sales requests and resulting margin in closed deals.
• Maintain close relationship with sales team.
• Document Pricing Cycle time and other performance metrics.
• Energy Risk Management Assist the Risk Group in maintaining the appropriate level of risk when pricing deals by including the appropriate amount of margin, incorporating the appropriate LDC rates, and making sure the model works correctly.
• Continually gain more understanding of market fundamentals across various LDC's, as well as maintain current knowledge, understanding, and monitoring of current supply costs relative to the pricing of electric supply.

Benefits

• In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees