Procurement Pricing Manager

National Grid plc; City of Westminster; Hybrid; GBP 61,000 - 76,000; Full time

Benefits offered by this job

Share incentive plan

Flexible benefits

Company pension with 12% match

Job summary

National Grid plc, through NGED, is seeking a Procurement Pricing Manager to drive pricing strategy across major electricity distribution categories and to develop AI-enabled pricing tools for cost transparency. The role collaborates with Category Managers, Finance, and Supply Chain to turn market data into strategic decisions.

You will shape pricing models, cost assurance methodologies and market intelligence tools to maximise value for customers and shareholders, with a hybrid working setup

Qualifications

• Commercial procurement experience in infrastructure/utilities or related sectors.
• Strong pricing strategy and market analysis expertise.
• Ability to translate data into actionable procurement recommendations.

Responsibilities

• Develop and implement pricing strategies across major procurement categories.
• Provide robust market intelligence and cost analysis for sourcing decisions.
• Improve cost forecasting by integrating procurement insights into planning processes.
• Lead development of risk management and forecasting for raw materials and FX exposure.
• Design AI-enabled pricing tools and should-cost models for cost transparency.
• Support tendering activities with pricing insights and analytics.
• Advise procurement teams and stakeholders balancing customer outcomes and financial targets.

Skills

Pricing strategy

Market analysis

Risk management

Stakeholder management

Excel

Pricing software

Education

Finance, Engineering, Economics, or Supply Chain

Tools

Excel

Pricing software

Job description

At National Grid Electricity Distribution (NGED), we're powering one of the biggest transformations in energy history. With electricity demand expected to double by 2050, we're investing significantly in our network to deliver a cleaner, more resilient energy future for our customers.

Our Procurement team manages around £1bn of annual spend across critical network infrastructure and services, making it a strategic enabler of our ambitious investment plans. As we continue to deliver against ED2 and shape our long-term strategy for ED3 and beyond, we're looking for a Procurement Pricing Manager to help drive commercial excellence across our supply chain.

This is a unique opportunity to shape pricing strategy for some of the UK's most critical energy infrastructure categories, including transformers, cables, switchgear, accessories and associated services.

You'll play a pivotal role in developing sophisticated pricing models, cost assurance methodologies and market intelligence tools that enable better procurement decisions, improve forecasting accuracy and maximise value for our customers and shareholders.

Working closely with Category Managers, Finance, Supply Chain and senior business stakeholders, you'll turn complex market and commercial data into actionable insights that influence strategic decisions across the organisation.

The role is hybrid with our office based in Warwick, you can enjoy working from home and the office.

What you'll do

• Develop and implement pricing strategies across major procurement categories within Electricity Distribution.
• Provide robust market intelligence and cost analysis to support sourcing and commercial decision-making.
• Improve cost forecasting accuracy by integrating procurement insights into wider business planning processes.
• Lead the development of risk management and forecasting approaches, including strategies related to raw material markets and foreign exchange exposure.
• Design and develop AI-enabled pricing tools and "should-cost" models to provide greater cost transparency and assurance.
• Support Category Managers with pricing insights that strengthen tendering activities and procurement strategies.
• Act as a trusted advisor to procurement teams and wider business stakeholders, balancing customer outcomes, financial targets, and commercial risk.
• Contribute to strategic initiatives across Group Procurement and working collaboratively across National Grid businesses.

What you'll need

We're looking for a commercially minded procurement professional with a passion for turning data into strategic business value.

You'll ideally have:

• Experience in infrastructure, utilities, manufacturing, energy, or component procurement.
• Strong commercial acumen with expertise in pricing strategy, market analysis, and risk management.
• Experience developing sophisticated pricing models and analytical tools using Excel and/or specialist pricing software.
• The ability to translate complex data and market dynamics into clear, actionable recommendations.
• Strong stakeholder management and influencing skills, with experience working across multiple business functions.
• Excellent communication skills, both written and verbal, with the ability to engage senior stakeholders confidently.
• A proactive, adaptable approach and the ability to thrive in a fast-paced, evolving environment.
  Qualifications
• Relevant qualification in Finance, Engineering, Economics, Supply Chain, or a related discipline, or equivalent experience.

What you'll get

A competitive salary between £61,000 - £76,000 per annum - dependent on capability.

As well as your base salary, you will receive a bonus based on personal and company performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

More Information

This role closes on 22nd September 2026 at 23:59.

We value diversity and are committed to creating an inclusive workplace for all. We welcome applications from all suitably qualified candidates – we make appointments purely on merit, assessed against objective selection criteria. We support flexible working and will make reasonable adjustments throughout the recruitment process should you have any physical or mental impairment which may affect your ability to participate in the process.

Please note that in most cases, National Grid is unable to offer sponsorship for employment under the UK points-based immigration system. As such, applicants must have the legal right to work in the UK without requiring sponsorship now or in the future under the UK points-based immigration system. However, in exceptional circumstances where there is a clear and demonstrable need for specialist skills that cannot be sourced from the local labour market, National Grid may consider offering sponsorship. All applications are welcome from candidates who meet these requirements, regardless of race, nationality, or ethnic origin.

National Grid operates in both the UK and US, with a broad portfolio of energy businesses dedicated to providing safe, reliable, and sustainable power.

From electricity and gas transmission to advancing clean energy and modernising grids, our work covers every aspect of the energy system.

Our energy flows through absolutely everything we do

Life here at National Grid is more than just our purpose or our values, it's everything we put into everything we do. It's our commitment to diversity and inclusion; how we help our employees learn and grow; and how we partner with and support the communities where we live and work. It's all this, and so much more.

We leverage our collective strengths to do meaningful BIG work so that we can be at the heart of a fair and affordable energy future.

Your salary is reviewed each year against the market for your role, skills, knowledge and experience.

Incentive

Annual performance plan or bonus (depending on your role) rewards your contribution to our success each year.

Retirement

Generous pension plan with company contributions up to 12%.

Private medical insurance for self and family.