Analyst (Networks) in Newport

Successful candidates may be based in any of our office locations – Cardiff, Glasgow, or London. We especially welcome applicants from Cardiff and Glasgow.

Ofgem is Great Britain's independent energy regulator. Our purpose is to protect energy consumers, especially vulnerable people, by ensuring they are treated fairly and benefit from a cleaner, greener environment.

This is an exciting opportunity to join Ofgem as an Analyst within our Networks directorate. You'll play a vital role in shaping the future of the UK's energy networks at a time of unprecedented transformation, helping to ensure they support the transition to Net Zero while delivering value for consumers.

You'll be part of a team working on the RIIO price control framework, which governs how network companies invest and operate. Your initial focus will be on monitoring and assessing company performance under the current RIIO-2 regime, supporting cost reporting and analysis to ensure efficient delivery. You'll also contribute to the development of RIIO-3, which will set the regulatory strategy for billions of pounds of investment in electricity and gas networks over the coming years.

This role offers variety and challenge, with responsibilities ranging from analysing complex datasets and validating company submissions to drafting consultation and decision documents. You'll engage directly with network companies, participate in sector working groups, and collaborate with colleagues across Ofgem to refine our approach to cost assessment and regulatory reporting. As your experience grows, you'll have opportunities to broaden your work across electricity and gas networks and to support strategic projects that influence the UK's energy future.

We're looking for someone with strong analytical skills and the ability to interpret and challenge complex data. Excellent communication skills are essential, as you'll need to explain technical issues clearly and work collaboratively to solve problems. You'll also bring strong writing and project management skills to deliver high-quality outputs under tight deadlines.

This is a chance to make a real impact helping to ensure that the UK's energy networks deliver a low-cost, resilient system that supports decarbonisation and benefits consumers. You'll join a supportive and inclusive team where your expertise will help shape decisions that matter.

Key Responsibilities:

• Support areas of our annual monitoring assessment approach for the RIIO price controls, including analysis of company performance in relation to specific categories of expenditure and the outputs we set under the RIIO-2 price control framework and examining variations in performance against regulatory targets.
• Engage with network companies on technical aspects of their submissions and participate in direct discussions to help gain a deeper understanding of the factors influencing the delivery of the RIIO-2 programme.
• Liaise with network companies (e.g. via sector working groups) on a regular basis to help refine and develop our approach to cost assessment.
• Provide support and assistance to the preparation of oral and written briefings to Networks and Ofgem's boards and committees on key issues - working closely with policy, regulation finance and legal colleagues.
• Support effective project management to ensure delivery of your work.
• Drafting consultation and decision documents.
• Have the opportunity to represent Ofgem at relevant industry events, seminars and working groups.
• Respond to changing priorities and help manage organisational risk, by being flexible to embrace new workstreams across sector price controls.

Key Outputs & Deliverables:

• Assess the performance of the network companies against RIIO-2 targets and obligations.
• Assist in the processes for monitoring and reporting of specific cost, funding and incentive areas within the RIIO-2 price control framework (including outputs and uncertainty mechanisms) in terms of cost-efficient delivery for customers, the environment and asset resilience.
• Assist in the production of external annual reports that summarise and communicate the results of our assessment.
• Support the annual process to refine and develop our approach to enhance our data collection and reporting templates, including the consultative process with key stakeholders.
• Contribute to the development of assessment methodologies, and assist in making robust recommendations, supported by the analysis of the benefits and costs (to consumers and network companies) of different options.
• Support and help motivate members of a team. This includes working closely with team leads and other Senior Managers to develop regulatory expertise and capability in the team.

Please ensure you demonstrate clearly within your personal statement, how you meet each of the essential and desirable criteria below (not more than 1250 words).

Essential Criteria:

• Excellent analytical skills, both quantitative and qualitative, with demonstrated ability to think critically, validate and analyse complex data, and to challenge and sense check results. (LEAD CRITERIA)
• Excellent communication and negotiation skills, with the ability to communicate technical information clearly and concisely and to work collaboratively to solve problems. (LEAD CRITERIA)
• Strong writing skills with demonstrable application of those skills to support policy development, consultation, decision-making processes and implementation.
• Strong project management skills to successfully deliver a programme of work in challenging timescales.

Desirable Criteria:

• Confident with Excel to manage large datasets and to present analysis in appropriate and clear formats.
• Experience of regulatory reporting is desirable, but is not essential.

Benefits:

Alongside your salary of £34,123, OFGEM contributes £9,885 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides. 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.

Selection process details:

This vacancy is using Success Profiles, and will assess your Behaviours and Experience. When you press the 'Apply now' button, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications. You will then be asked to provide a 1250 word 'personal statement' evidencing how you meet the essential and desirable skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the criteria listed in the role profile.

Apply before 11:55 pm on Monday 1st December 2025.