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Houston, United States NRG Energy Full timeEssential Duties/Responsibilities : Develop a deep understanding of the market landscape, uncover and size areas of opportunity, and drive product financial analysis from idea to concept before they’re handed off to be executed. Develop financial models for new and existing products, including forecasts of active customers, gross margin, and...
Analyst, Product Development
2 months ago
We offer a dynamic work environment and a unified and inclusive culture. NRG fosters a strong sense of belonging that leads to better collaboration and business performance. Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.
More information is available at nrg. Connect with NRG on Facebook, Instagram, LinkedIn and X.
Welcome to the intersection of energy and home services. At NRG, we’re all about propelling the next generation of leaders forward. We are driven by our passion to create a smarter, cleaner and more connected future. We deliver innovative solutions that make our customers’ lives easier—helping them power, protect, and intelligently manage their homes and businesses. To do this, we need creative and talented people to join our company.
We offer a dynamic work environment and a unified and inclusive culture. NRG fosters a strong sense of belonging that leads to better collaboration and business performance. Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.
Summary:
NRG is seeking a Product Development Analyst who is passionate about identifying what customers truly need and want, possesses the creativity to turn those customer needs into a new product or service idea, and is analytical, organized, structured, detail-oriented, curious, and proactive. This person will figure out what needs to get done to turn the ideas into reality, provide analytical insight to justify the product’s business case, and be fiercely driven to see those ideas through.
The ideal candidate will easily fit into a fast-paced, dynamic, creative team driven to accelerate the future of retail electricity. The Product Development team is at the core of this company’s growth and provides a great environment to develop a cross-functional skillset unparalleled in other functional groups. This position will be reporting to a Senior Manager in Product Development in the Texas Energy organization.
Essential Duties/Responsibilities:
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-Develop a deep understanding of the market landscape, uncover and size areas of opportunity, and drive products from idea to concept before they’re handed off to be executed.
-Develop financial models for new and existing products, including forecasts of active customers, gross margin, and expected NPV resulting from product launches.
-Create business case presentations showing forecasted value of a new product or expansion of an existing product.
-Prepare scenario analyses for new and existing products to estimate the expected value gain or loss from product launches, including cannibalization of existing products.
-Monitors performance of products currently in market to ensure products meet targets and engages appropriate teams to request updates to products as needed.
-Evaluate new technology needs and evolving business requirements to recommend appropriate products for the current NRG portfolio by analyzing the technology ecosystem, customer needs, and industry trends.
-Provide in depth analysis with interpretive thinking to define problems, develop innovative solutions, and influence strategic product portfolio decisions.
-Estimate the total addressable market for products using internal and external data sources.
-Identify and communicate risk and impacts of proposed solutions along with risk mitigation options.
-Conduct research and generate insights, use-cases, and industry analyses to address potential future opportunities.
-Provide additional support on requested tasks, prioritize tasks, communicate across the team, proactively report performance, and develop next steps.
-Perform other duties as assigned.
Working Conditions:
-Open office environment with frequent collaboration within and across team.
-Hybrid work environment with 3 days per week in office and 2 days remote.
-No overtime required.
-No travel required.
Minimum Requirements:
-Bachelor's Degree from an accreted college or university is required.
-Minimum of two (2) years career experience.
Preferred Qualifications:
-Bachelor’s degree from an accredited college or university in Finance, Mathematics, Engineering, Economics, or Business.
-Strong analytical skills, including financial modeling experience, is a plus.
-Product Management or Finance experience, preferably in the consumer-facing products, financial, or services industries.
-Experience in solar, energy, sustainability services, or a high-tech company.
-Experience working in startups or with an incubator/accelerator.
Additional Knowledge, Skills and Abilities:
-Excellent oral and written communication skills, including ability to communicate ideas in email, PowerPoint, and Excel. Communicates proactively and follows up as needed.
-Detail oriented and able to produce accurate work products under rapidly changing priorities.
-Ability to work independently, manage multiple projects simultaneously, and drive projects forward.
-Superior organizational skills and the ability to deliver quality results timely and consistently.
-Self-starter and self-driven, drives for results with a get-things-done attitude.
-Ability to think creatively, discover new perspectives or ways to present products, and problem-solve.
-Ability to highlight issues early and proactively, involving the right stakeholders, and highlight a point of view on a resolution.
-Desire to build products from scratch which do not currently exist in the market.
-Ability to work collaboratively within a team.
-Ability to establish relationships across the organization to learn how everything works and to get things done.
Physical Requirements:
-Majority of work performed on a computer in a seated position.
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. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.
EEO is the Law Poster (The poster can be found at eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf)
Official description on file with Talent.
