GOVTALENT.UK

Senior Analyst – Price Control Performance

This opening expired 1 month ago.
Location(s):
Cardiff, Glasgow, London
Salary:
£45,614 to £62,699
Job grade:
Grade 7
Business area:
Analytical, Policy
Contract type:
Permanent
Working pattern:
Full-time

About the job

Job summary

Join Ofgem, where inclusion is at the heart of our culture. We celebrate and support the diverse voices and experiences of our colleagues, fueling innovation and ensuring we represent the consumers and communities we serve. At Ofgem, everyone is welcome, and our employees are encouraged to bring their authentic selves to work.

As a key player in our team, you will provide cost analysis to inform Ofgem’s future regulatory design decision-making. You’ll apply cost assessment techniques in our regulation of the electricity and gas networks, and explore how to leverage these techniques beyond network price control setting. Your role will also involve supporting the ongoing development and implementation of cost modelling and assessment tools for long-term network price control setting. Delivering high-quality work on time through effective project management and collaboration with multidisciplinary team members will be crucial.

Your responsibilities will include leading our cost modelling approach for the next set of price controls, developing effective solutions to identify and justify suitable benchmarks, and addressing significant regulatory and commercial issues. You will provide oral and written briefings to Networks’ and Ofgem’s boards and committees, working closely with policy, regulation, finance, and legal colleagues. Regular liaison with network companies will help refine and develop our approach. Additionally, you will take a leading role in project management within the team and represent Ofgem at industry events, seminars, and working groups.

In this role, you will be developing and implementing cost assessment methodologies, presenting recommendations to our Directors and our board (GEMA) on regulatory issues. Your recommendations will be supported by thorough analysis of the benefits and costs to consumers and network companies. You will lead, motivate, and develop team members, working closely with team leads and other Senior Managers to enhance regulatory expertise and capability within the team.

You will build strong relationships with internal stakeholders, including Directors, Deputy Directors, Workstream Managers, and various teams within Networks. Externally, you will engage with network companies, other government departments, regulators, consultants, academia, think tanks, and wider energy sector stakeholders, including consumer advocates.

If you have excellent analytical skills, both quantitative and qualitative, and can think critically and analyse complex data, we want to hear from you. Strong communication and negotiation skills, policy analysis and writing skills, and project management abilities are essential. Experience working with diverse stakeholders is also crucial. Join us at Ofgem and make a difference in the energy sector.

Job description

Purpose 

  • Provide cost analysis to inform Ofgem’s future regulatory design decision-making. Apply cost assessment techniques in our regulation of the electricity and gas networks, and how to leverage these cost assessment techniques beyond network price control setting. 
  • Support shaping Ofgem’s ongoing development and implementation of cost modelling and assessment tools and techniques for longer term network price control setting. 
  • 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 

  • Leading on our cost modelling approach for the next set of price controls, including identifying and developing effective solutions to identify and justify suitable benchmarks across all companies and networks, address significant regulatory and/or commercial issues and potential challenges. 
  • 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. 

Key Outputs and Deliverables   

  • Take a leadership role in the development and implementation of cost assessment methodologies, presenting recommendations to our Directors and our board (GEMA) on regulatory issues. 
  • Your recommendations will be supported by analysis of the benefits and costs (to consumers and network companies) of different options. 
  • Your will lead, motivate and develop members of a team. This includes working closely with team leads and other Senior Managers to develop regulatory expertise and capability in the team. 

Person specification

Essential Criteria

  • 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 criteria) 
  • Excellent communication and negotiation skills, with the ability to communicate technical information clearly and concisely and to work collaboratively to solve problems. (Lead criteria) 
  • Policy analysis and writing skills with demonstrable application of those skills to support policy development, consultation, decision-making processes and implementation.  
  • Excellent project management skills and ability to use these to successfully deliver a programme of work in challenging timescales with minimal supervision. 
  • Experience working with a diverse group of stakeholders, internally across teams and with external bodies/clients.  

Benefits

Alongside your salary of £45,614, OFGEM contributes £12,315 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

Please note this Post is NOT regulated by the Civil Service Commission. 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