Pricing Manager Isle of Man

Wilcock Consulting; United Kingdom; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading consulting firm is seeking a Pricing Manager to develop and implement pricing strategies that enhance margins and customer retention. The ideal candidate will have a strong background in pricing analytics within the energy and utility sectors. Responsibilities include designing pricing models, analyzing market data, and leading implementation across departments. Excellent communication and analytical skills are essential for this role, with a focus on achieving commercial outcomes through strategic pricing initiatives.

Qualifications

• Proven experience in pricing and commercial roles within relevant sectors.
• Strong analytical and insight skills with pricing models.
• Deep understanding of pricing structures and energy markets.

Responsibilities

• Design and implement pricing strategies to enhance margin.
• Analyze customer insights and market data for pricing design.
• Ensure cross-departmental implementation of pricing developments.

Skills

Pricing models

Analytical skills

Stakeholder management

Commercial awareness

Team collaboration

Job description

Job Details

Job Type: Permanent
Location: Isle of Man – relocation from UK required
Salary: TBA
Relocation: Package tailored to individual needs
Hours of Work: Full Time
Start Date: ASAP

A commercial and strategically focused Pricing Manager (PM) to lead the design, development, implementation, and regular review of IEG’s Pricing (pricing, tariffs and commercial terms, for all its products and services). PM will develop pricing designs using customer insight, market research and company‑held data, which meet applicable regulatory requirements, to grow IEG margin. PM will have expertise in pricing analytics and modelling, energy pricing, and how to deliver pricing solutions via cross‑department collaboration.

Pricing Manager Responsibilities

• Pricing Development & Review: Design and implement pricing strategies to meet customer needs and enhance IEG margin through increased customer retention, acquisition and revenue. Develop segmented pricing strategies for specific customer profiles. Working with Finance, develop and maintain customer‑centric and compliant tariff structures. Make and present commercial business cases for executive approval of pricing proposals. Lead periodic reviews and updates to IEG’s Pricing.


• Data Analysis & Modelling: Obtain and analyse adequate customer insight, market research and company‑held data to inform pricing design and opportunities. Build and maintain pricing models to forecast customer behaviour, revenue and margin. Use to monitor actual vs forecast pricing performance.


• Cross‑Departmental Implementation: Turn pricing developments into actionable plans and ensure aligned implementation, which may involve Commercial, Operations, Customer Service, IT, Finance and Legal departments.

Minimum Requirements

• Proven experience in pricing and commercial roles within energy, utility, transport and/or consumer services sectors.


• Strong analytical and insight skills and experience with pricing models and forecasting tools.


• Deep understanding of pricing structures, energy markets and regulatory frameworks.


• Excellent communication and stakeholder management skills.


• Experience working cross‑functionally on projects in a fast‑paced environment.

Core Competencies

• Commercial awareness


• Analytical thinking


• Attention to detail


• Strong communicator


• Collaborative team player


• Adaptable and resilient


• Highly organised

Health and Safety

All staff are expected to follow established health and safety procedures while working for the client of companies, and in accordance with policies developed by the client. This means:
Complying with and adhering to clients accepted standards and procedures.
Where appropriate, taking responsibility for workplace hazards/risks, you identify and communicated to management.
Undertaking regular reviews of workplace risks/hazards that are present in your work.
When, and if, necessary, participate in the investigation of accidents/incidents according to client procedures.
Undertaking appropriate and effective staff training when required or necessary.
Promoting a healthy and safe workplace.
Actively supporting health and safety initiatives.
Comply with any rehabilitation plan designed with you for a return to work after an accident