Expert Economic Modeller

Organisation
Ofgem
Locations

Cardiff, Glasgow, London

Application Deadline
Salary
£58,520 - £86,547

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 model 1 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

Behaviours

We'll assess you against these behaviours during the selection process:

  • Communicating and Influencing
  • Developing Self and Others
  • Delivering at Pace

Technical Skills

We'll assess you against these technical skills during the selection process.

Apply before 11:55 pm on Monday 15th July 2024


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