Principal Analyst - Price Controls

Ofgem is Great Britain’s independent energy regulator. Our primary responsibility is to protect energy consumers, especially the most vulnerable, while at the same time working with government, industry and consumer groups to deliver a clean, more affordable and secure net-zero energy system at the lowest cost to consumers, and drive economic growth. We are playing a vital part in accelerating the transition to Net Zero and a carbon neutral energy system.

This role will play a key part of that process, ensuring Ofgem’s regulation of the energy networks and beyond enables a wider transformation of the energy in the coming decades. You will be providing expert cost analysis to inform Ofgem’s future regulatory design decision-making, working through how to apply cost assessment techniques in our regulation of the electricity networks.

The ideal candidate will be able to comfortably use analysis to drive policy change as they communicate complex issues to establish expertise in cost assessments and data analysis. We are looking for someone with excellent analytical skills, exposure and experience across the electricity market. You will have a demonstrated ability to think critically, validate and analyse complex data, and to challenge and sense check results.

As part of this opportunity here at Ofgem, you will be able to benefit from working in a high-profile environment, applying analysis into real world situations in order to shape the future of the energy sector to deliver Net Zero with a team passionate about driving positive change. We embrace innovation and creativity, and so want to see your personality drive success alongside your skills and expertise. Personal growth is key at Ofgem, and being self-motivated and driven in your role can open opportunities for you.

If you are eager to drive positive change and join the Ofgem team, then get in touch today! 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.

• Established expertise in regulatory performance monitoring, cost assessment and/or data analysis, as demonstrated by proven record of high performance and substantial achievements.
• Experience in electricity transmission or electricity distribution sector.
• Excellent analytical skills, with demonstrated ability to think critically, validate and analyse complex data, and to challenge and sense check results.
• Excellent communication and negotiation skills, with the ability to communicate technical information clearly and concisely and to work collaboratively to solve problems.
• Experience of developing and implementing robust regulatory monitoring frameworks and processes.
• Experience of developing cost benchmarking and unit cost modelling.
• Experience in the application of regulatory economics and/or cost assessment techniques in practice.

Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; excellent training and development opportunities; the opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050.

This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.