At a Glance
- Tasks: Lead economic analysis projects in the energy and water sectors, focusing on cost and performance.
- Company: Join a renowned consulting firm known for innovative advice in regulated utilities.
- Benefits: Enjoy flexible UK location, professional development, and the chance to work on high-profile projects.
- Other info: Opportunity to mentor junior staff and engage with industry leaders.
- Why this job: Be part of a dynamic team influencing the future of essential services while developing your skills.
- Qualifications: Experience in utilities, strong analytical skills, and familiarity with regulatory frameworks are essential.
The predicted salary is between 48000 - 84000 £ per year.
Our large and well-known consulting client is recruiting for two Associate Directors who have a blend of economic, micro-economic, cost and regulatory framework experience within UK regulated utilities such as water, gas, electricity, hydrogen and so forth. Location for this role is flexible across the UK.
The team you will be working in sits within a larger business unit that provides in depth strategic and technical advice on corporate finance issues, corporate financial management; regulatory finance, regulatory policy, business and financial planning, as well as other issues affecting value. They are widely recognised by many industry stakeholders as one of the most innovative advisors influencing the future of the sector.
The Role
You will be working on a range of projects in the water and energy network sectors. Your work will focus on robust economic analysis – particularly related to cost and performance. Their clients seek expert advice relating to cost and performance benchmarking. There is no ‘typical project’. You will need to apply a structured strategic approach to problem solving, drawing on established economic principles, while having the capacity to think creatively.
Their approach to benchmarking can involve econometric models comparing costs across companies. They also support clients through cost benefit analysis and other benchmarking approaches, such as unit cost models. The projects that you will advise on will be high profile and varied. For example, in recent years their client have advised nearly every water and energy network company on their price control reviews, been the lead advisor on several CMA appeals, and advised on major transactions within the sectors. They have the skills and capabilities to be involved in every major development within the sector.
The work will include a combination of report drafting, data collection/verification, economic analysis, econometric analysis, and engaging with clients. You will also take a key role in developing the skills of more junior staff.
The Person
They are looking for someone who is passionate to learn and develop in the role. You will have some experience in the utilities sector, in the industry, at a regulator, or as a consultant. You will have familiarity with the available data sources for the utility sectors and be comfortable finding, verifying and analysing data. You will have some knowledge either of the regulatory frameworks for utility companies, micro-economics, or finance, or at least a strong understanding of micro economic principles.
Ideally you will be experienced in one or more of the quantitative economic analyses we employ for clients. This may be through knowledge and experience of statistics and econometrics, cost benefit analysis or other benchmarking approaches, such as unit cost models. Experience of these techniques applied in the utilities sectors is beneficial, but not essential. You will bring excellent report writing, Excel and PowerPoint skills—strong writing and quantitative skills are a must.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager - Economic Cost Assessment - Energy, Water & Utilities
✨Tip Number 1
Network with professionals in the utilities sector. Attend industry conferences, webinars, or local meetups to connect with people who work in economic cost assessment. This can help you gain insights into the role and potentially get referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and challenges in the energy, water, and utilities sectors. Read industry reports, follow relevant news, and engage in discussions on platforms like LinkedIn to demonstrate your knowledge during interviews.
✨Tip Number 3
Brush up on your econometric and quantitative analysis skills. Consider taking online courses or workshops that focus on these areas, as they are crucial for the role and will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss specific projects or case studies where you've applied economic principles or cost analysis. Being able to articulate your experience clearly will show your potential employer that you have the practical knowledge needed for the role.
We think you need these skills to ace Senior Manager - Economic Cost Assessment - Energy, Water & Utilities
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in economic analysis, cost assessment, and the utilities sector. Use specific examples that demonstrate your skills in report writing and quantitative analysis.
Craft a Compelling Cover Letter:In your cover letter, express your passion for the role and the industry. Discuss your familiarity with regulatory frameworks and how your background aligns with the company's innovative approach to consulting.
Showcase Your Analytical Skills:Provide examples of past projects where you applied econometric models or conducted cost-benefit analyses. Highlight your ability to think creatively while using established economic principles.
Proofread and Edit:Before submitting your application, thoroughly proofread your documents. Ensure there are no grammatical errors and that your writing is clear and concise, reflecting your strong report writing skills.
How to prepare for a job interview at LinkedIn
✨Understand the Sector
Make sure you have a solid grasp of the UK regulated utilities sector, including water, gas, and electricity. Familiarise yourself with recent developments and challenges in these areas, as this will demonstrate your genuine interest and knowledge during the interview.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with economic analysis, particularly in cost and performance benchmarking. Highlight specific projects where you've applied econometric models or conducted cost-benefit analyses, as this will showcase your relevant expertise.
✨Prepare for Problem-Solving Scenarios
Expect to encounter problem-solving scenarios during the interview. Practice structuring your approach to complex issues using established economic principles, and be ready to think creatively about potential solutions.
✨Demonstrate Leadership Potential
Since the role involves developing junior staff, be prepared to discuss your leadership experiences. Share examples of how you've mentored others or contributed to team development, as this will highlight your suitability for a senior position.
