Salary - Competitive Salary
Work Type - Hybrid
Job Location - Lingley Mere (UU), Lingley Green Avenue, Great Sankey, Warrington, WA5 3LP
Role Type - Permanent
Employment Type - Full Tim
Working Hours - 37.0 Hours per Week
United Utilities’ (UU) purpose is to deliver great water for a stronger, greener and healthier North West of England. We are committed to providing our services in a way that respects the environment, supports the economy, and benefits society.
We value diversity, inclusion and innovation in our workplace, and we foster a culture where our people can grow, excel, and be themselves.
We uphold our ethics, values and business model to fulfil our mission and, by setting clear goals and objectives, we create sustainable long-term value for our colleagues, customers and communities. Whether you work with a team that shares your vision or join a network of peers with similar interests, you will find a welcoming and supportive organisation to be part of.
We’ve got a lot to offer. You’ll be part of a thriving FTSE 100 company and will enjoy a range of core benefits that reflect your value and value contribution.
Benefits
We believe in empowering you to achieve your aspirations and dreams, both in your work and in your life. To help you achieve your goals, we offer a variety of voluntary benefits that you can select according to your needs and preferences.
- A generous annual leave package of 26 days, which increases to 30 days after four years of service (increases one day per year), in addition to 8 bank holidays
- A competitive pension scheme with up to 14% employer contribution, 21% combined, and life cover
- Up to 20% performance-related bonus scheme, as well as recognition awards for outstanding achievements
- A comprehensive healthcare plan through our company-funded scheme
- MyGymDiscounts - gym and wellness benefit that offers up to 25% off on gym memberships and digital fitness subscriptions
- Best Doctors
- Salary Finance
- Wealth at Work courses
- Deals and discounts
- EVolve Car Scheme
- Employee Assistance Plan
- Mental health first aiders
- ShareBuy
- MORE Choices flexible benefits
- Enhanced parental leave schemes
Job Purpose
To lead key aspects of the company’s response to multiple regulatory projects across their lifecycle. This involves participating in cross-disciplinary teams to:
- Support in identifying key delivery requirements (eg: from the regulator)
- Help establish key strategic and specific outcome requirements for UUW and its stakeholders
- Prepare and deliver materials that can be used to obtain endorsement and buy in for the identified strategy from senior leadership and Executives
- Execute outcomes to time, cost and quality, managing and mitigating risks
This role will require regulatory expertise, an ability to take ownership of specific projects or outputs, and adaptability across a range of changing responsibilities. It will also require the jobholder to communicate confidently, both verbally and in writing, and across a range of internal and external audiences.
Job Accountabilities
- Identifying and analysing Ofwat’s requirements and developing approaches to meeting these requirements.
- Managing the working-level relationship with Ofwat to ensure the project meets regulatory requirements and compares favourably to Ofwat’s expectations for projects subject to DPC, SIPR or other gateway requirements.
- Internally, providing advice and thought leadership in a multidisciplinary team to secure excellent regulatory and commercial outcomes, including in communicating regulatory requirements and advising how these can be addressed.
- A detailed response to a high profile regulatory policy consultation
- Providing a reliable, accurate and complete submission in response to a regulatory inquiry or request for information
- A medium term study or programme in response to a specific regulatory driver (eg: water trading strategies, new business financing models)
- Providing specific responses or document creation for particularly difficult elements of broader programmes (eg: DPC, Innovation, Cost Efficiency chapters of the Price Review)
- Supporting in managing licence change processes with the legal team and gaining consent from the Board
- Supporting the regulatory interface on specific projects or project types (eg: other DPC, SIPR) to achieve successful working relationships and good negotiated outcomes
- Contributing to ad-hoc reviews and challenging submissions in adjacent business areas
- Involving interacting with other teams to provide information, advice and feedback on meeting regulatory objectives
- Working with legal, asset management, corporate affairs, wholesale, finance and other teams as required
- Managing working-level relationships to ensure stakeholder expectations are met or exceeded
- Including senior regulators, government officials, politicians, customers and other stakeholders as required
Knowledge and Skills
- Strong knowledge and experience in economic regulation, ideally with experience across a range of regulatory contexts
- Able to confidently and credibly represent the company with external stakeholders, be resilient in challenging circumstances and be accountable/responsible for influencing both internally and externally to deliver satisfactory regulatory and business outcomes
- Strong focus on business / internal customer needs and an ability to manage these alongside external stakeholder management.
- An understanding of the regulatory and legal framework governing the water industry (or equivalent monopoly utility sector) and ability to quickly analyse and work with new regulatory approaches
- Strong communication skills (both verbal and written) to support regulatory submissions, strategic decision-making and negotiations.
- Excellent numerical and analytical capabilities with good attention to detail
- A familiarity with financial information, models, business cases and related analysis (eg: Discounted Cashflow models)
- Strong track record and experience in working a changing environment where uncertainty and ambiguity is high.
We rely on every employee to ensure our customers receive the best possible service, day in, day out. In return, we ensure that you will be well rewarded for your efforts, from an excellent salary through to development opportunities that will really kick start a thriving career here at UU.
Posting End Date: 24/02/2025
