Assistant Director of Advisory - Ernst & Young
Assistant Director of Advisory - Ernst & Young

Assistant Director of Advisory - Ernst & Young

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead projects in energy economics, policy design, and client engagement.
  • Company: Join EY, a global leader in professional services with a focus on innovation.
  • Benefits: Enjoy flexible working options, professional development, and a vibrant team culture.
  • Why this job: Be part of the energy transition, making a real impact on future policies and regulations.
  • Qualifications: Economics degree and experience in energy economics or related fields required.
  • Other info: Opportunities for travel and networking within a dynamic team environment.

The predicted salary is between 43200 - 72000 £ per year.

The opportunity EY's Economics Advisory team combines deep sector knowledge with strong technical skills in economics, econometrics and quantitative analysis to address key client issues in strategy, regulation, competition, planning and government policy. EY's Economic Advisory team is looking to grow its existing energy and resources practice to capture exciting opportunities as the energy transition fundamentally changes the energy sector. The government, regulators and companies need to determine how best policy and regulation can be shaped to deliver the energy sector of the future, while ensuring the sector delivers for consumers and investors in the nearer term.

In response to demand from clients, our energy and resources team is seeking experienced economists to help grow the business in the following areas:

  • The economics of power generation
  • Power price forecasting / modelling
  • Policy and regulation of energy and water networks, flexibility, electric vehicles, whole systems approaches and system operation
  • Policy and regulation of heat and industrial decarbonisation (including hydrogen and CCUS)

Your key responsibilities will include:

  • Identifying and designing policy and regulation to solve the challenges created by the energy transition faced by companies, governments and regulators
  • Delivering high calibre economic insight and producing high quality, technically sound reports
  • Management of projects to time and budget and leading teams
  • Liaising with clients and leading client meetings
  • Proactively supporting business development initiatives
  • Playing an active part in the management of the wider team of managers, executives and analysts
  • Building a network of contacts both internally and externally

To qualify for the role you must have:

We are looking for an experienced energy economist with strong communication skills. The successful candidate should be capable of working on multiple projects at the same time, as well as possessing strong business development and project/team management skills. They will also proactively manage their own career path and development. Suitable applicants will be a highly effective team member and leader, with an Economics degree and relevant experience as economist employed in a regulated company, economic regulator or government, economic consultancy or similar position.

For these roles, it would be advantageous to have knowledge of any of the following:

  • Designing and influencing sector-specific economic regulation or wholesale / capacity / ancillary service / balancing / retail market arrangements
  • Designing and analysing energy and water network policy and regulation, including price controls (such as Ofgem's RIIO-2 price control framework, Ofwat's PR19 price control framework), smart grids, hydrogen and CCUS network regulation
  • Undertaking cost of capital and other financial analysis related to ensuring the attractiveness of utility regulation for investors

Skills and attributes for success:

  • Has logical and rational approach to complex problem solving
  • Has excellent written and verbal communication skills, with the ability to explain complex technical issues to non-technical clients and staff
  • Builds relationships with clients and EY teams
  • Deals confidently with stakeholders and client staff and builds credibility for the firm
  • Responds quickly to client requests for information or guidance, referring the issue to more senior staff where appropriate
  • Recognises opportunities to contribute to client issues when they arise and assists in providing solutions
  • Actively promotes the sharing of knowledge
  • Contributes pro-actively to building team spirit and works effectively across teams
  • Delivers to demanding deadlines maintaining the discipline and quality of output
  • Willingness to travel domestically and internationally

Assistant Director of Advisory - Ernst & Young employer: Ernst & Young

Ernst & Young is an exceptional employer, particularly for the role of Assistant Director in Economic Advisory, offering a dynamic work environment in London that fosters innovation and collaboration. With a strong commitment to employee development, EY provides numerous growth opportunities through training and mentorship, while its inclusive culture encourages teamwork and knowledge sharing. Additionally, working at EY means being at the forefront of the energy transition, allowing you to make a meaningful impact on the future of the energy sector.
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Contact Detail:

Ernst & Young Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Director of Advisory - Ernst & Young

✨Tip Number 1

Network with professionals in the energy and resources sector. Attend industry conferences, webinars, and local meetups to connect with potential colleagues and clients. Building relationships can give you insights into the company culture at EY and may even lead to referrals.

✨Tip Number 2

Stay updated on current trends and policies in the energy sector. Familiarise yourself with recent developments in energy transition, regulation, and economic analysis. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the field.

✨Tip Number 3

Prepare for case studies or technical assessments that may be part of the interview process. Practice analysing economic scenarios related to energy policy and regulation, as this will showcase your analytical skills and understanding of the role's requirements.

✨Tip Number 4

Engage with EY's content online, such as reports and articles related to their Economic Advisory team. Commenting or sharing your thoughts on these platforms can help you get noticed by recruiters and show your enthusiasm for the position.

We think you need these skills to ace Assistant Director of Advisory - Ernst & Young

Strong Communication Skills
Project Management
Team Leadership
Business Development
Economics Degree
Quantitative Analysis
Policy Design and Regulation
Stakeholder Engagement
Problem-Solving Skills
Technical Report Writing
Client Relationship Management
Time Management
Networking Skills
Financial Analysis
Knowledge of Energy Sector Regulations

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in energy economics, project management, and business development. Use specific examples that demonstrate your skills in these areas, particularly those mentioned in the job description.

Craft a Compelling Cover Letter: Write a cover letter that addresses why you are interested in the Assistant Director role at Ernst & Young. Emphasise your understanding of the energy transition and how your background aligns with their needs, showcasing your communication skills and ability to manage multiple projects.

Highlight Relevant Skills: In your application, clearly outline your skills in problem-solving, stakeholder engagement, and technical communication. Provide examples of how you've successfully navigated complex issues in previous roles, especially in regulated environments.

Proofread and Edit: Before submitting your application, thoroughly proofread your documents for any grammatical or typographical errors. A polished application reflects your attention to detail and professionalism, which is crucial for a role that involves high-quality report production.

How to prepare for a job interview at Ernst & Young

✨Showcase Your Economic Expertise

Make sure to highlight your experience in economics, especially in the energy sector. Be prepared to discuss specific projects you've worked on that demonstrate your ability to analyse and influence economic regulation.

✨Demonstrate Strong Communication Skills

Since the role requires explaining complex technical issues to non-technical clients, practice articulating your thoughts clearly. Use examples from your past experiences where you successfully communicated intricate concepts.

✨Prepare for Project Management Questions

Expect questions about your project management skills. Be ready to discuss how you've managed multiple projects simultaneously, met deadlines, and led teams effectively in previous roles.

✨Build Rapport with Interviewers

Establishing a connection with your interviewers can set you apart. Show genuine interest in their work and the company’s goals, and be prepared to discuss how you can contribute to building relationships with clients and stakeholders.

Assistant Director of Advisory - Ernst & Young
Ernst & Young
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