GOVTALENT.UK

Senior Analyst – Retail Market Data

This opening expired 3 months ago.
Location(s):
Cardiff, Glasgow, London
Salary:
£45,614 to £62,699
Job grade:
Grade 7
Business area:
Analytical
Contract type:
Permanent
Working pattern:
Full-time

About the job

Job summary

Are you ready to take on a role that shapes the future of the energy market? Ofgem’s Market Intelligence team is seeking a Senior Analyst who will be at the forefront of monitoring and analysing the dynamic retail energy sector. 

What will you be doing? 

  • Lead a high priority workstream to revolutionize how Ofgem monitors tariff and proposition data. 
  • Generate pivotal analysis and documentation on tariffs and propositions, influencing the retail energy market’s landscape 
  • Spearhead a policy change consultation, addressing the evolving tariff and proposition landscape. 
  • Enhance the acquisition and dissemination of tariff data within Ofgem. 
  • Partner with the data engineering team to define and develop essential data pipelines and datasets. 
  • Innovate methods to boost tariff data accessibility for all Ofgem staff. 
  • Establish yourself as the primary resource for tariffs and propositions, expanding your market knowledge continuously. 
  • Deliver both routine and ad-hoc analysis, with a focus on novel and innovative tariffs and propositions. 
  • Craft data presentations and slide decks that succinctly capture key market trends. 
  • Foster and manage relationships with third-party data providers and other stakeholders. 

Join us and play a critical role in providing insights that drive Ofgem’s decisions on key policies. Your work will not only reflect the current state of the market but also shape its future trajectory. 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.  

Apply now and become a part of a team that’s dedicated to ensuring financial resilience and control in the energy sector. 

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 Market Intelligence team sits within the Financial Resilience & Controls directorate. We monitor developments in the domestic and non-domestic retail energy market, and provide data and analysis used across the organisation to help inform decisions on key policies. The analysis our team undertakes helps to provide insight into the current state of the market, as well as horizon analysis on what the organisation should be considering over the coming years. 

Purpose 

  • Leading a high priority workstream driving the evolution of how Ofgem monitors tariff and proposition data. 
  • Producing key pieces of analysis and documentation regarding tariffs and propositions in the retail energy market 

Key Responsibilities  

  • Lead on a policy change consultation relevant to the evolving tariff and proposition landscape. 
  • Drive the improvement of how tariff data is acquired and made available throughout the organisation. 
  • Collaborate with the data engineering team to ensure appropriate pipelines and datasets are scoped and constructed. 
  • Develop new ways to improve tariff data accessibility across the organisation. 
  • Become a go-to resource within the organisation for tariffs and propositions; continually improve breadth of market knowledge. 
  • Produce key pieces of routine and ad-hoc analysis, especially regarding novel and innovative tariffs and propositions. 
  • Prepare data and slide deck that concisely summarise key market developments. 
  • Manage relationships with third-party data providers and other relevant parties. 

Person specification

Essential Criteria

  • Demonstrable expertise in the retail energy tariff and proposition space. (LEAD) 
  • Experience leading on and/or writing consultations on policy changes (or similar). 
  • Evidence of robust analytical skills and decision making. 
  • Strong working knowledge of cloud data warehousing platforms. 
  • Robust technical proficiency with modelling tools, particularly Excel (or equivalent). 
  • Proven excellence in processing, visualising, and communicating complex information. 

Desirable Criteria

  • Proficiency in SQL, Python, and/or R. 
  • High-level knowledge of data pipelines. 

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

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: 4 months ago