• Job Description

  Req#: 37022

  At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.

  Job Summary: The Manager of Power Pricing will manage a team of Structured Pricing Analysts responsible for delivering a high performing level of service to the NRG Sales Organization within the market footprint of ERCOT and CAISO. The Pricing team is charged with delivering timely and accurate pricing and contracts along with commercial insight to support Sales efforts within ERCOT and CAISO. The Manager will lead a team with functional responsibilities spanning the full spectrum of pricing delivery: costing models and system pricing maintenance; data acquisition validation, customer research, complex structured pricing, contract generation and execution. The Pricing Manager will collaborate with Sales on proposals for complex transaction and provide market and product insights to the Sales Organization on an ongoing basis. The Manager will also liaise with Load Forecasting, Product Control and Portfolio Management to ensure accurate representation of the forward book is achieved. As part of the Power Pricing Management Team, the Manager will also be engaged on a variety of competitive, strategic, and operational issues related to pricing, contract delivery, and contract performance. The incumbent is tasked with driving each Pricing Analyst’s personal development, engagement and commercial acumen.

  Essential Duties/Responsibilities:

  • Responsible for delivery of timely and accurate pricing and contracts to regional Sales teams, with functional responsibility including data acquisition, validation, and loading; pricing (including complex structured pricing) & contract generation; and contract execution. Manager will work closely with Sales management to determine prioritization of pending pricing and booking requests, and to resolve issues in a timely manner.

  • Responsible for costing and pricing strategy on a global as well as individual customer basis, including participation in contract negotiations relating to products and pricing; development of cost methodology; and collection and dissemination of competitive intelligence insights.

  • Responsible for development and maintenance of pricing cost curves associated with all non-traded energy components including Ancillary Service Costs, load following premiums and recovery of demand-based components such as transmission costs.

  • Analyze market trends, regulatory changes, and competitor pricing to inform pricing models

  • Develop new go to market strategies and products to position NRG to be at the leading edge of customer solutions

  • Responsible to work closely with Portfolio Managers to ensure market prices for energy, capacity and RECs are current and competitive for large C&I opportunities and live pricing requests

  • Support post sale contract performance reviews and recommend corrective measures to recover damages

  • Interface with the NRG residential team to develop go to market prices, risk premiums, recommendations on costing, and share market intelligence
  • Responsible for continued evolution of the pricing system by interacting with the IT team to build out enhancements and improvements to the pricing process and lifecycle

  • Provide regular reports and analysis to senior management on pricing performance, market trends, and team KPIs

  • Work closely with Regulatory Affairs to ensure compliance with relevant electric pricing rules and regulations

  • Serve as primary interface between NRG Sales; and NRG Operations units including but not limited to Sales Support, Load Forecasting, Product Control, Contract Admin/Booking and Billing

  • Responsible for professional development of reporting team members, including but not limited to training in industry concepts related to market dynamics and customer usage patterns and their impact on pricing as well as positive behaviors such as ownership, accountability and urgency

  Working Conditions:

  • Open office environment
  • Travel (4-6 times / year)

  Minimum Requirements:

  • Bachelor’s degree from an accredited college or university in Business, Engineering, Economics, Mathematics or other Energy related field is required
  • Minimum 5 years of Energy experience, with a minimum of 3 years’ experience in a leadership capacity

  Preferred Qualifications:

  • Experience in, and / or knowledge of, North American energy markets, energy market economics, the deregulated energy industry, preferably in ERCOT and CAISO
  • Strong analytical skills with proficiency in data analysis tools including but not limited to Microsoft Excel and BI
  • Demonstrated ability to adapt to changing market conditions and regulatory environments
  • Strong project management skills to oversee the pricing team’s visions within the organization
  • Familiarity with energy trading and risk management concepts is a plus

  Additional Knowledge, Skills & Abilities

  • Ability to manage deadlines while ensuring quality and completeness in deliverables
  • Proven track record of performance on the job
  • Proven track record of people development
  • Effective oral and written communication skills, including presentation skills
  • Flexibility and ability to manage multiple tasks and deadlines
  • Resourcefulness and ability to work with limited supervision
  • Ability to interact effectively with personnel at various levels throughout organization
  • Strong problem-solving skills

  NRG Energy is committed to a drug and alcohol free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability

  EEO is the Law Poster (The poster can be found at http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)

  Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

  Official description on file with Talent.

• About the company

  NRG Energy, Inc. is a large American energy company, dual-headquartered in Princeton, New Jersey and Houston, Texas.

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