GOVTALENT.UK

Expert Economic Modeller

This opening expired 2 months ago.
Location(s):
Cardiff, Glasgow, London
Salary:
£58,520 to £86,547
Job grade:
Grade 6
Business area:
Analytical, Operational Delivery
Contract type:
Permanent
Working pattern:
Full-time

About the job

Job summary

Are you passionate about shaping the future of energy in the UK? At Ofgem, we work tirelessly on behalf of energy consumers to ensure that every household and business can rely on a safe energy supply. We are at the forefront of accelerating the transition to Net Zero and a carbon-neutral energy system – a goal that benefits everyone. No matter your role, you will contribute to creating innovative energy solutions that are beneficial for both customers and the environment. 

Our inclusive culture at Ofgem celebrates and supports the diverse voices and experiences of our colleagues. This diversity fuels our innovation and ensures we represent the consumers and communities we serve. We welcome everyone, and as an inclusive workplace, our employees feel comfortable bringing their authentic selves to work. 

The Office of Research and Economics at Ofgem is expanding its energy system modelling capability. In the coming months, we will procure an existing energy system model and bring it in-house. If successful, you will play a crucial role in building this modelling capability within Ofgem, undertaking energy system modelling, and performing more generic economic analysis as required. Complex modelling or analytical experience is essential for this role. The successful candidate will procure, learn, and operate an energy system model, with opportunities for model-specific training once the model is procured. You will join Ofgem’s strong economics community, working collaboratively with others to lead and contribute to high-profile projects using your modelling expertise. 

As part of the Analysis profession within Ofgem, you will receive support for your career aspirations. After the initial deployment, you will have the opportunity to work flexibly across Ofgem, participating in cross-Ofgem projects and teams that require your skills and expertise. 

Join us at Ofgem and be part of a team that is building the future of energy. Your expertise in complex analysis or modelling, extensive knowledge of GB gas and electricity markets, and excellent communication and stakeholder engagement skills will be invaluable. With a degree or master’s in an analytical/quantitative field or relevant professional experience, you will help us deliver high-quality analysis and provide analytical advice across the organisation. Your organisational skills and understanding of project management will ensure that our work programme supports stronger analytical best practices and builds expertise.  

Be a part of our mission to create a sustainable energy future for the UK. 

Job description

Ofgem works on behalf of energy consumers to ensure that every household and business in the UK can rely on a safe, affordable and environmentally sustainable energy supply.  We are playing a vital part in accelerating the transition to Net Zero and a carbon neutral energy system – a goal that everyone wants to achieve. Whatever your role, you’ll be playing your part in creating new energy solutions that are great for customers, and great for the environment. 

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.  

The Office of Research and Economics at Ofgem is looking to expand our energy system modelling capability. Over the coming months this will involve procuring an existing energy system model1 and bringing it in-house, alongside recruiting energy system modelling professionals. If successful, you will be involved in building this modelling capability within Ofgem, undertaking energy system modelling, as well as more generic economic analysis, as required. For this role, complex modelling or analytical experience is necessary. The successful candidate will be expected to procure, learn and operate an energy system model. Once the energy system model has been procured, there will be an opportunity for model-specific training. You will be joining Ofgem’s strong economics community working collaboratively with others to lead as well as contribute to high profile projects using your modelling expertise. 

You will be part of the Analysis profession within Ofgem to support in your career aspirations. 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.

Person specification

Key Responsibilities

To support the team deliverables, that utilise your expertise to ensure successful outcomes across team members and collaborating teams 

  • Provide clear and transparent work objectives, milestones and success metrics in your area of expertise to oversee and co-ordinate successful team outcomes. 
  • Collaborate closely with other teams to manage interdependencies, risks and resourcing to support portfolio delivery. 
  • Where required, be jointly responsible with the PDL on welfare and pastoral care of all colleagues. 
  • Demonstrate effective diversity and inclusive team management within their team and the wider organisation. 

Essential Criteria

  • Experience: Extensive experience of undertaking and leading complex analysis or modelling (LEAD) 
  • Sector knowledge: Extensive experience and knowledge of GB gas and electricity markets 
  • Qualifications: A Degree or Masters in an analytical/quantitative field or relevant professional experience. 
  • Communication: Excellent ability to distil complex subject matter into relevant messages for different audiences – both orally and in writing, combined with excellent drafting skills. 
  • Stakeholder engagement: Skilled at developing strategic relationships and working collaboratively across a range of internal and external stakeholders at all levels. 
  • Organisational skills: an excellent understanding of project management and the ability to proactively prioritise, plan and schedule complex and diverse tasks. 

Desirable Criteria 

  • Analytical skills: Advanced analytical skills using relevant software packages (R, STATA, PYTHON, SQL) and/or advanced Excel skills. 
  • Team Management: Experience of successful line management and/or managing a team of analysts. 

Benefits

Alongside your salary of £58,520, OFGEM contributes £15,800 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.

When you press the ‘Apply now’ button, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications.  

 

You will then be asked to provide a 1250 word ‘personal statement’ evidencing how you meet the essential and desirable skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the essential and desirable skills and capabilities. 

The Civil Service values honesty and integrity and expect all candidates to abide by these principles. Ofgem take any incidences of cheating very seriously. Please ensure all examples provided are of your own experience. Any instances of plagiarism or other forms of cheating will be investigated and, if proven, the relevant applications will be withdrawn from the process. 



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.

Added: 2 months ago