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- Tasks: Lead economic modelling for energy transition and support decision-making with valuable insights.
- Company: Join a major upstream operator with a global presence and diverse opportunities.
- Benefits: Permanent position with competitive salary and career growth in a dynamic environment.
- Why this job: Make an impact in the energy sector while developing your skills in a collaborative team.
- Qualifications: 3-5 years of experience in economic modelling and strong analytical skills required.
- Other info: Flexible industry background; candidates from various fields are encouraged to apply.
The predicted salary is between 60000 - 80000 £ per year.
Our client is a major upstream operator business and is recruiting for the position of Senior Economic Modeller, based in Aberdeen on a staff basis.
Responsibilities:
- Own and maintain the UK Upstream’s economic modelling capability; this includes:
- Upgrading the current modelling suites to allow them to continue operating within the new IT framework.
- Building and assuring new economic models to address new (Energy Transition) business models and/or changes in commercial architecture.
- Acting as Subject Matter Expert in all economic modelling matters.
- Taking an active role in developing economic modelling skills of junior economics staff.
- Act as a core member of multi-disciplinary teams, contributing to quality conversations by integrating valuation assumptions in decision analyses and delivering value insights to decision makers.
- Deliver and/or assure commercially sound, accurate, timely and fit-for-purpose economic analysis that supports efficient and effective decision making (including appropriate Risk and Uncertainty analysis).
- Support and influence the preparation of PCN / PCP / GIP decision documents, commercial negotiating strategies, NFIs and other internal / external submissions as required by the business.
- Lead economics support for the business planning and/or reserves reporting processes across the Economics team.
Experience & Qualifications:
- 3–5 years’ minimum experience with Advanced Visual Basic Analytics (VBA)
- A solid understanding of coding
- Industry background is flexible — this does not need to come from oil and gas. Candidates from banking, consultancy, or other numerically strong fields are welcome.
- Minimum of 10 years of Upstream or Energy Transition experience, of which at least 6 years of Economics / Valuation experience.
- Strong modelling and excel skills – experience in building and assuring models, use of macros, best practice modelling skills.
- Performance focus – able to perform independently, manage conflicting work priorities and still deliver as promised.
- Stakeholder management skills – manages the balance between support and challenge.
- Integration – demonstrated ability to lead and integrate across functions to solve problems.
- Continuous improvement – always seeking to improve, displays a learner mindset.
Permanent position. If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference: PR/081663.
Senior Economic Modeller in Inverurie employer: Orion Group
Contact Detail:
Orion Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Economic Modeller in Inverurie
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage with professionals on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Economic Modeller role.
✨Tip Number 2
Prepare for interviews by brushing up on your economic modelling skills and being ready to discuss your experience with VBA and Excel. We recommend practising common interview questions and even doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your expertise! When you get the chance to meet potential employers, don’t hold back on sharing your insights and experiences in economic modelling. We want to see you shine as a Subject Matter Expert, so be prepared to discuss how you can add value to their team.
✨Tip Number 4
Don’t forget to apply through our website! It’s a great way to ensure your application gets noticed. We’re here to support you in your job search, so take advantage of the resources we offer to help you land that dream job.
We think you need these skills to ace Senior Economic Modeller in Inverurie
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Economic Modeller role. Highlight your experience with economic modelling, VBA skills, and any relevant industry background. We want to see how your unique skills fit into our team!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve improved modelling processes or contributed to decision-making. This helps us see the impact you've made in previous roles.
Keep It Clear and Concise: When writing your application, keep it clear and concise. Avoid jargon unless it's relevant to the role. We appreciate straightforward communication that gets to the point—this reflects the quality we value at StudySmarter.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. This way, your application goes directly to us, and we can review it more efficiently. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Orion Group
✨Know Your Models Inside Out
Make sure you’re well-versed in the economic models you’ve worked with. Be ready to discuss how you’ve upgraded or built models in the past, especially in relation to Energy Transition business models. This will show your expertise and readiness to take on the responsibilities of the role.
✨Showcase Your Coding Skills
Since Advanced Visual Basic Analytics (VBA) is a key requirement, brush up on your coding skills before the interview. Prepare to demonstrate your proficiency and discuss specific projects where you’ve used coding to enhance modelling capabilities. This will highlight your technical abilities and problem-solving skills.
✨Prepare for Stakeholder Management Questions
Expect questions about how you manage relationships with stakeholders. Think of examples where you balanced support and challenge effectively. This will illustrate your ability to integrate across functions and contribute to quality conversations, which is crucial for this role.
✨Emphasise Continuous Improvement
Be ready to discuss how you’ve sought to improve processes or models in your previous roles. Share specific instances where you’ve displayed a learner mindset and contributed to continuous improvement. This will resonate well with the company’s focus on performance and innovation.