We're looking for a Res/SME Hedging and Risk Analyst to join our team on a Permanent Basis. You will be based in either Nottingham or Coventry working on a hybrid model. This role is paying from £35,505 to £56,113 along with a strong benefits package.

Residential & Business Hedging and Risk Analyst

Here's what you'll be doing

As an analyst within the Hedging and Risk team, you'll be working alongside the Commercial business and the rest of the Energy Markets function to help ensure we're securing the correct amount of Electricity and Gas for our customers, in addition to providing quality analysis on wholesale market conditions and regular forecasting of future Ofgem price cap levels.

Opportunities for development in this role include:
• Introduction to all things hedging and wholesale market
• Involvement in high-profile price cap forecasting plus opportunities to get involved in regulatory projects
• Network development across a variety of teams and stakeholders

Commercial analytics - You'll be working alongside the commercial business to understand the latest expectations for customer numbers, while also delivering hedging instructions to the Forwards Optimisation team on a weekly & month-end basis.

Hedging and Wholesale Market - You will also help evaluate alternative hedging strategies, maintain controls over the target hedge position and evaluate the wholesale market environment with reference to Ofgem's market stabilisation charge.

Price Cap and Cost Reporting - This role also supports the maintenance of the Residential price cap forecasting models to prepare price cap forecasts for the Residential business, plus reporting of detailed wholesale cost information for Residential and SME commercial teams.

What we need from you

• Excellent Excel capability and analytical understanding
• Understanding of dynamic retail environment and E.ON's strategic goals within that environment
• Experience in working across business boundaries to enable successful and thriving working relationships
• Knowledge of wholesale energy markets and products used for risk management within them
• Drive to understand the causes of and solutions to retail risks
• Ability to translate complex subject matter and tailor for the audience

Here's what you need to know

Award-Winning Benefits: Our market-leading benefits package includes 26 days of holiday plus bank holidays, a generous pension scheme, life cover, bonus opportunities, and access to 20 flexible benefits with tax and/or NI savings. Recognised with the Personnel Today Reward, Recognition and Benefits Award 2022, our benefits truly stand out.

Recognised for Family-Friendly and Hybrid Policies: In 2024, we earned Double Recognition at the Personnel Today Awards for our exceptional family-friendly and hybrid working initiatives. Let's discuss how we can work together flexibly.

Inclusive Employer: As the only energy company in the Inclusive Top 50 UK Employers (currently ranked 8th), we're committed to equal opportunities, diversity, and fairness for everyone.

Support for Disabled Applicants: As a Disability Confident Employer, we guarantee an interview for all disabled candidates who meet the minimum role criteria.

Development Opportunities: With inclusive talent networks, learning resources, and skill-building programs, your career growth is a priority.

E.ON is committed to being an inclusive employer. We recognise that everyone is different and we aim to provide a working environment where each person feels respected, valued and able to achieve their full potential. We are happy to consider flexible working arrangements. If you require any reasonable adjustments, please just let us know.

At a glance

Reference no.: 235371 Closing date: 26/03/2025 Salary: £35,505 to £56,113

Get in touch

For more information about the role please contact Ailsa MacQuillin on ailsa.whaley@eon-uk.com

About us

E.ON is a privately owned international energy company. Our 75,000 colleagues in 15 countries work daily towards the improvement of technical innovations and user-friendly customer solutions for the new energy world. We are the first large energy company to focus more heavily upon the energy of the future through our three business areas of energy networks, renewable energies and customer solutions.

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