About the job

Job summary

We currently have an opportunity for Analysts to join our team. As part of Ofgem, you will be working to provide cost analysis to inform the company’s future regulatory design decision-making. Working to apply your knowledge of regulation in electricity and gas networks, your role will include leveraging these cost assessment techniques beyond network price control setting and operations. Supporting the shaping of Ofgem’s ongoing development and implementation of cost modelling, you will identify and develop effective solutions to define and justify suitable benchmarks across the company. Providing oral and written briefings to the team on key issues, you will work closely with policy, regulation, finance and legal colleagues to deliver desired results.

The ideal candidate will have strong analytical abilities, and both quantitative and qualitative skills. You will be able to demonstrate the ability to think critically and analyse complex data, and have experience in developing robust cost assessment approaches and applying cost assessment techniques in practice, including but not limited to econometric analysis. This is a multi disciplined role, where you will work closely with your team to play a key part in ensuring Ofgem’s regulation of the energy networks and beyond to enable a wider transformation into Net Zero in the coming years.

As an Analyst, you will be working on high profile projects with the influence to create change, and the opportunity to utilise your skills to contribute to future policies.  This role will allow you to share your expertise, whilst growing in a collaborative workspace which is both dynamic and diverse.

We are passionate about upskilling and offering opportunities to our teams for professional and personal development across the profession of Analysis. Personal growth is key at Ofgem, and being self motivated and driven in your role can open opportunities for you.

If you are a driven individual with an eye for detail and the desire to work in an industry set on positive change, then we want to hear from you!

Ofgem has a culture of inclusion that encourages, supports and celebrates the diverse voices and experiences of our colleagues. It fuels our innovation and helps ensure we can best represent the consumers and the communities we serve. Everyone is welcome - as an inclusive workplace, our employees are comfortable bringing their authentic selves to work.

Job description

Purpose

• Provide analysis to inform Ofgem’s future regulatory design decision-making.
• Support shaping Ofgem’s ongoing development and implementation of cost and policy assessment for longer term network price control setting and operations.
• Deliver a set of work deliverables on time and to a high standard through effective project management and support of multidisciplinary team members.

After the initial deployment, you will have the opportunity to work flexibly across Ofgem as a member of your Profession, working on cross-Ofgem projects, and/or in teams that require your skills and expertise.

Key Responsibilities:

• Supporting the development of our approach for the next set of price controls and their operations including identifying and developing effective solutions to address significant regulatory and/or commercial issues and potential challenges, across all network companies.
• Providing oral and written briefings to Networks’ and Ofgem’s boards and committees on key issues, working closely with policy, regulation finance and legal colleagues.
• Liaise with network companies on a regular basis to help refine and develop our approach.
• Taking a leading role in project management in the team and representing Ofgem at relevant industry events, seminars and working groups.

Person specification

• Excellent analytical skills, both quantitative and qualitative, with demonstrated ability to think critically, validate and analyse complex data, and to challenge and sense check results. (LEAD)
• Strong written and oral communication skills, with the ability to communicate technical information clearly and concisely and to work collaboratively to solve problems. (LEAD)
• Excellent project management skills and ability to use these to successfully deliver work in challenging timescales.
• Proficiency in Excel or programming languages and databases.

Benefits

Alongside your salary of £32,498, OFGEM contributes £8,774 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

Things you need to know

Selection process details

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; Hybrid working (currently 1 day a week in the office but is in review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check. People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window). The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria. The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.