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- Tasks: Lead investment planning for assets, ensuring strategic alignment and optimised decision-making.
- Company: Join National Grid Electricity Distribution, a leader in energy management.
- Benefits: Enjoy competitive salary, bonus, 28 days leave, and a strong pension scheme.
- Why this job: Make a real impact on energy distribution while driving innovation and efficiency.
- Qualifications: Degree in Engineering, Business Economics, or Finance; experience in investment planning preferred.
- Other info: Hybrid working available; dynamic team with growth opportunities.
The predicted salary is between 36000 - 60000 ÂŁ per year.
An exciting new opportunity is available for an Asset Investment Planning Manager to join the Asset Management team at National Grid Electricity Distribution (NGED). This newly created role is pivotal in delivering optimised decision‑making for asset investments. Reporting to the Senior Asset Programme Manager, you will lead the centralisation of investment decisions, ensuring alignment with business objectives and regulatory requirements. Your work will drive efficiencies and improved outcomes through holistic decision‑making across a diverse portfolio of investments—ensuring NGED makes the right choices for our network and customers.
You will lead a small team to translate business plans, regulatory commitments, and long‑term strategies into tactical delivery plans for Field Operations. These plans will ensure NGED effectively manages network risk associated with asset condition and criticality. In addition, you will maintain a central view of asset investment drivers, enabling better long‑term, coordinated whole‑system decisions. This will involve identifying synergies between condition‑based asset replacement and refurbishment, load‑based reinforcement, connections, business commitments, and reopeners. You’ll consider a range of metrics, including asset health and criticality, Network Asset Risk (NARM), whole‑life cost, customer interruptions and faults, as well as deliverability, resourcing constraints, and procurement opportunities.
This role is ideally based in Bristol, Stoke, or Exeter, but can be located anywhere within our licence areas: East Midlands, West Midlands, South West, and South Wales. We also offer hybrid working, with approximately two days per week in the office.
Main Responsibilities
- Develop multi‑year and annual asset investment plans based on asset condition, aligned with long‑term strategy, policy, and regulatory commitments.
- Overlay of load and non‑load network drivers to identify synergies and whole system opportunities at a strategic level, to deliver network health benefits, financial efficiencies and reduced outages.
- Create decision‑making frameworks to support operational teams in making asset‑specific investment decisions.
- Understand deliverability constraints and test planning assumptions – such as unit costs – against actual delivery, ensuring a robust feedback loop from delivery teams into the planning cycle.
- Collaborate with the Digital team to drive IT and digital enhancements for the team, ensuring the team is significantly supported by IT infrastructure and investment planning tools.
- Drive improvement initiatives and embed a continuous improvement mindset within your team.
The Ideal Candidate
- Educated to degree level in a relevant discipline such as Engineering, Business Economics, or Finance, or equivalent experience.
- Professional membership of a relevant body (e.g., IAM or ICE) with a commitment to continuing professional development.
- Expertise in investment planning for highly complex portfolios and programmes, with a strong understanding of the benefits, risks and strategic implications of the decisions.
- Proven experience in portfolio optimisation across multiple drivers, considering a multitude of business needs.
- Working knowledge of the relevant tools and digital platforms for investment decision making and optimisation.
- Industry knowledge in electricity distribution is ideal; experience in similar industries will be considered.
- Strong analytical skills with the ability to apply them to complex, multidisciplinary programmes.
- Understanding of the RIIO regulatory price control processes and relevant funding mechanisms.
- Advanced stakeholder management skills, collaborating successfully and able to understand and balance the needs of different stakeholders.
- Excellent IT skills are essential; experience with NGED internal systems (e.g. Electric Office, CROWN, ODI and E5) is desirable.
- Proven people management experience including team development and succession planning.
- Experience in asset management, particularly asset strategy, asset planning is highly desirable.
- Preferably, experience working in new or transforming teams, or leading on business change initiatives and projects.
About the Company
- Reward hard work and encourage ambition.
- Competitive salary, and a bonus tied to performance.
- 28 days annual leave plus 8 bank holidays.
- Competitive contributory pension scheme (we double match up to 12%).
- Annual Share Save plan.
- Life insurance 4 Ă— annual salary.
- Contributory healthcare for you and your family.
- Employee Assistance Programme, including musculoskeletal and physiotherapy services.
- Free on‑site parking at all our main sites.
Equal Opportunities & Diversity
We are an equal opportunities employer committed to diversity, equity and inclusion. We anonymise all applications to eliminate unconscious bias. Hiring managers only have access to necessary information at the interview stage. If you require additional support to complete your online application, please email nged.recruitment@nationalgrid.co.uk.
Visa / Sponsorship
National Grid is unable to offer sponsorship for the UK points‑based immigration system. Applicants must have the legal right to work in the UK without sponsorship. In exceptional circumstances, National Grid may consider offering sponsorship.
Recruitment Notice
Recruitment correspondence is usually sent by email; please check your email account, including spam/junk folders, regularly after the closing date. We reserve the right to close the vacancy early should sufficient numbers of suitable applications be received.
Asset Investment Planning Manager employer: National Grid
Contact Detail:
National Grid Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Investment Planning Manager
✨Tip Number 1
Network, network, network! Get out there and connect with people in the industry. Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to current employees at NGED. A friendly chat can sometimes lead to opportunities that aren’t even advertised!
✨Tip Number 2
Prepare for interviews like a pro! Research NGED’s recent projects and challenges in asset management. Think about how your skills can help tackle these issues. We want to see you shine, so practice answering common interview questions and have some insightful questions ready for them too.
✨Tip Number 3
Showcase your expertise! Bring along examples of your past work that demonstrate your investment planning skills and analytical prowess. Whether it’s a presentation or a portfolio, having tangible proof of your capabilities can really set you apart from the competition.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining NGED. Keep an eye on our careers page for updates and new roles that might suit you!
We think you need these skills to ace Asset Investment Planning Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight how your skills and experiences align with the Asset Investment Planning Manager role. We want to see how you can contribute to our goals at NGED!
Showcase Relevant Experience: When detailing your past roles, focus on your experience in investment planning and asset management. We’re keen to see examples of how you've optimised portfolios and made strategic decisions in complex environments.
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language to describe your achievements and avoid jargon unless it’s relevant to the role. We appreciate clarity as much as you do!
Apply Through Our Website: Don’t forget to submit your application through our official website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at National Grid
✨Know Your Stuff
Make sure you understand the key responsibilities of the Asset Investment Planning Manager role. Brush up on investment planning, regulatory commitments, and how to optimise asset decisions. Being able to discuss these topics confidently will show that you're serious about the position.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities during the interview. Think of examples where you've successfully applied these skills in complex situations, especially in asset management or similar fields. Highlight how your insights led to better decision-making and outcomes.
✨Understand the Company Culture
Familiarise yourself with National Grid's values and commitment to diversity and inclusion. Be ready to discuss how you can contribute to an inclusive workplace and align with their vision for a clean energy future. This shows that you’re not just looking for a job, but a place where you can grow and make a difference.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of your interview. Inquire about the team dynamics, ongoing projects, or how success is measured in this role. This not only shows your interest but also helps you gauge if the company is the right fit for you.
