Pricing Specialist

Marathon Petroleum; San Antonio (TX); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Health insurance

401k matching

Paid parental leave

Educational reimbursement

Job summary

Marathon Petroleum is seeking a Pricing Specialist for the West Division of Commercial to drive daily pricing, analysis, and allocation management across multiple geographies. The role partners with Marketing Territory Managers, Schedulers, Traders, and IT to propose and execute value-chain strategies using PowerBI and Excel.

The successful candidate will analyze market trends, develop reports, and support pricing enhancements.

Qualifications

• Bachelor’s degree required.
• Two or more years in analytical/pricing/fuel marketing/sales/supply operations or profitability roles.

Responsibilities

• Execute daily pricing for multiple light product commodities across geographies.
• Collaborate with Marketing Territory Managers, Schedulers, Traders, and IT to optimize the value chain.
• Analyze monthly volume and netback performance by region and channel.
• Identify opportunities and implement pricing process improvements.
• Maintain pricing tools and support ad-hoc analyses for management.

Education

Bachelor’s Degree

2+ years experience in analytical/pricing/fuel marketing/sales/supply operations

Tools

Excel

PowerBI

Job description

An exciting career awaits you 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

The Pricing Specialist position supports the West Division of the Commercial organization and is primarily responsible for daily pricing, analysis, allocation management, and reporting activities across multiple geographies and channels. The Pricing Specialist role works closely with internal business partners (Marketing Territory Managers, Schedulers, Traders, and IT) to support, propose, and execute strategies to optimize the value chain. This individual will have the opportunity to participate in and lead both internal projects as well as cross-organizational projects. The position is an excellent opportunity for a self-starter, highly proficient in Microsoft PowerBI and Excel, with innovative analytical vision, to thrive in a dynamic environment and gain exposure to many facets of the company. Candidate must have a basic understanding of energy markets and industry dynamics, along with the ability to learn the pricing support role, lead analytical processes, and develop reports. 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.

Key Responsibilities

• Executes daily pricing for multiple light products commodities, classes of trade, and geographies according to operational strategies and/or assigned geographies with management guidance.
• 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.
• Analyzes monthly volume and netback performance within respective regions and channels
• Analyze patterns and competitive behavior within different geographic regions Supports growth and fulfills profitable product placement opportunities.
• Monitors market trends.
• Monitors market conditions, historical trends and performance, and competitor pricing activity.
• Reacts to prompt market conditions in alignment with strategies and execute daily operational functions.
• Assesses Key Performance Indicators (KPI) for pricing functions.
• Performs ad hoc analysis and communicate insights to management/operational teams.
• Efficiently utilizes Pricing systems and tools.
• Troubleshoot issues and collaborate with support partners to resolve promptly.
• Works with business partners to pursue enhancements and process improvements.
• Maintains complex pricing tools to analyze trends and track performance
• Supports identification of opportunities and helps implement processes improvements
• Supports new tools, proposes improvements, and identifies potential IT enhancements
• Supports ad-hoc project work and analysis
• Rotational weekend and holiday pricing & allocation support

Education and Experience

• Bachelor’s Degree required
• Two (2) or more years of experience in analytical, pricing, fuel marketing/sales, supply operations, or revenue/profitability management roles required
• Proficient user in Microsoft Excel and PowerBI (development experience preferred)
• Process improvement and results driven mindset
• Knowledge of U.S. West Coast petroleum supply and markets and understanding of key business drivers preferred
• Knowledge of MarketView and OPIS Benchmarks preferred
• Ability to develop and maintain complex pricing models and reports preferred

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location: San Antonio, Texas

Additional locations:

Job Requisition ID: 00024219

Location Address: 19100 Ridgewood Pkwy

Education: Employee Group: Full time Employee Subgroup: Regular

Marathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, reproductive health decision-making, age, mental or physical disability, medical condition or AIDS/HIV status, ancestry, national origin, genetic information, military, veteran status, marital status, citizenship or any other status protected by applicable federal, state, or local laws.

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.

Equal Opportunity Employer: Veteran / Disability

We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws.

In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.

About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation’s largest refining system. MPC’s marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.