Position Pricing Analyst

bp • Chicago, IL

2d • $85,000 - $121,000 • Hybrid

About The Position

Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world’s leading energy company! The Pricing Analyst is responsible for supporting the US Pricing teams for the execution of fuels pricing for branded retail sites. Consistent execution of retail pricing is core to our retail value proposition. Working collaboratively with peers in Sales, Marketing, and Supply, this role will commercially manage pricing decisions for branded fuels across multiple channels of trade to meet volume and margin targets consistent with defined pricing frameworks. This role will identify, pilot, and implement margin optimization opportunities through daily pricing actions. The Pricing Analyst will also play critical roles in defining pricing execution strategy and the evolution of advanced pricing tactics and new products in the mobility space.

Requirements

• Bachelor's degree (Business field or equivalent preferred)
• Relevant experience in commercial, operations, logistics, or planning
• Strong analytical skills with the ability to manage multiple activities, including the use of more sophisticated data analytics and visualization tools
• Basic fluency in PowerBI or similar programs
• Proven capabilities of using technical tools to improve performance
• Proven strong leadership, interpersonal skills, influencing skills.
• Outstanding attention to detail, comfortable with gray areas and an affinity for problem solving.
• Strong verbal and written communication skills.

Nice To Haves

• Knowledge of fuels supply chain or fuels marketing and/or sales operations a plus.

Responsibilities

• Manage day-to-day retail fuel pricing activities within established pricing frameworks across assigned marketing area.
• Provide competitive market insights and education to advise on pricing direction to a cross-functional team on market conditions, changes in competitor tactics, and cost/margin trends.
• Perform proactive analysis to support pricing reports, pricing systems, decision support tools and maintaining models that support pricing pilots and hypothesis testing.
• Apply business knowledge and market intelligence to make pricing strategy recommendations that drive market performance and set forward business strategy.
• Gain a working knowledge of laws and regulations that impact pricing to remain compliant and fully understand our cost to serve.
• Serve as primary contact and communicator for fuels pricing to Sales Operation team.
• Collaborate with the branded team to optimize competitive positioning to improve brand value and balanced financial performance.
• Support the deployment of new tools for advanced pricing capabilities
• Provide operational back-up and support for all roles on the B2C Pricing team.

Benefits

• This position is eligible for US Benefits – Core.
• This position offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours of vacation per year for full time employees .
• You will also be eligible for 9 paid holidays per year and 2 personal choice holidays.
• Bp has a parental leave policy as well, which offers up to 8 weeks’ paid leave for the birth or adoption of a child.
• We offer a reward package to enable your work to fit with your life. These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program.
• These benefits include a pension for eligible employee .
• As part of bp’s wellbeing package, bp offers access to health, vision, and dental insurance, as well as life and Short-Term Disability and Long-Term Disability.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level