Pricing Specialist

Marathon Petroleum Corporation • Findlay, OH

4d

About The Position

At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment. Position Summary: Fuels Supply, Pricing, & Market Execution is part of the Fuels Value Chain, a cross-functional organization integral to maximizing the commercial performance of MPC. The North/South Pricing team oversees Brand and Wholesale gas and diesel rack pricing at ~250 terminals across 32 states. The successful candidate will serve as a Pricing Specialist within the North Division, working closely with business partners within the Fuels Value Chain team to develop and implement strategies to optimize corporate value.

Requirements

• Bachelor’s degree required.
• Two (2) or more years of experience in analytical, pricing, fuel marketing/sales, supply operations, or revenue/profitability management roles.
• This position is part of a job family with multiple grade levels. The successful candidate will be placed at a level commensurate with experience and qualifications.

Responsibilities

• Executes core functions supporting the rollout and utilization of a rack sales platform across North and South markets, including defining strategies, establishing volume and price formulas, and conducting post-audit analysis.
• Conducts back-up pricing for other commodities, classes of trade, and geographies.
• Collaborates with key business partners to execute short- and long-term strategies to maximize value chain contribution.
• Collaborates with Commercial Market teams to actively optimize sales vs. forecast.
• Supports growth and fulfills profitable product placement opportunities.
• Monitors market conditions, trends, and competitor pricing activity, and reacts to execute daily operational functions in alignment with strategies.
• Assesses Key Performance Indicators (KPI) for pricing functions.
• Performs ad hoc analysis and communicates insights to management/operational teams.
• Efficiently utilizes Pricing systems and tools.
• Troubleshoots issues and collaborates with support partners to resolve promptly.
• Works with business partners to pursue enhancements and process improvements.
• Provides back-up support on system set-ups for New Product Realization (NPRs), seasonal commodity changes, and other data to support system functionality.
• Provides 24/7 on-call support on a scheduled basis.

Benefits

• Marathon Petroleum offers a total rewards program which includes, but is not limited to, access to health, vision, and dental insurance, paid time off, 401k matching program, paid parental leave, and educational reimbursement.
• Detailed benefit information is available at https://mympcbenefits.com.
• The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.

What This Job Offers

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