At a Glance
- Tasks: Analyse complex economic problems and influence key decisions in UK rail regulation.
- Company: Join the Office of Rail and Road, a leading regulator for Britain's railways.
- Benefits: Enjoy flexible working, personal development opportunities, and a supportive culture.
- Other info: Be part of a diverse team and develop a unique skill set in a dynamic environment.
- Why this job: Make a real impact on the future of the rail industry and contribute to significant reforms.
- Qualifications: Experience in economics and a passion for public policy and regulatory matters.
The predicted salary is between 60000 - 72000 £ per year.
The Office of Rail and Road (ORR) is the independent economic and safety regulator for Britain's railways and monitor of performance on England's strategic road network.
This is an exciting time to join ORR, we are delivering a significant transformation programme to create a consistently agile and enabling organisation, with the right capability and a strong, inclusive culture that reflects our talented people.
This will ensure we continue to operate as an independent, expert regulator, fit for the future and equipped with the capabilities and ways of working required to support sector-wide rail reform, while contributing to the government's broader agenda on regulatory reform and economic growth.
Further detail on our future role is set out here.
EFM provides rigorous economic analysis to underpin the development of policy & support decision-making.
We work on complex economic problems that combine commercial, public policy and regulatory considerations.
In the Rail Economics team, ORR employs a diverse group of talented economists working alongside industry experts and policy makers.
At ORR, your economic analysis can directly influence key decision making and policy development.
You will work on complex economic problems that combine commercial, public policy, and regulatory matters.
Your work at ORR will see you work closely with senior decision makers and build a valuable skill set, combining technical, commercial, and delivery experience.
We are a diverse team of talented economists working alongside industry experts and policy makers.
As part of our team, your economic analysis can directly influence decision making and the development of key policies in UK rail regulation.
It's an exciting time to join the team as you will have the opportunity to contribute to the design of the emerging regulatory framework for a reformed rail industry following the creation of Great British Railways, which will bring together 'track and train' into one body.
You can read more about the government's plans for the rail industry in its consultation document.
We work on complex economic problems that combine commercial, public policy, and regulatory matters.
You will support our team's work on the charges train operators pay to access the rail network, and the financial incentive payments made by the industry which help to drive better performance on the rail network, as ORR's role in this area transitions to that specified in the government's rail reform consultation.
We also work with teams across ORR on the economic impact of potential changes to track, station or depot access for trains, including on the impact that operating new train services could have on existing markets.
Your work will help to build a unique skill set which combines commercial expertise with public policy experience.
As a senior manager in our team, you are expected to be a role model for other members of the team and to positively demonstrate ORR's values.
You are expected to take initiative in your role and maintain a strong sense of accountability for your own work.
In joining ORR you will benefit from flexible working patterns that support your personal commitments while developing a challenging career.
We are committed to personal development and you will be offered attractive training opportunities to help develop your economic and professional skills.
Please refer to the attached Job Description and Job Information Pack for further details.
Find out what our colleagues have to say about their ORR careers at Our people Office of Rail and Road (orr. gov. uk).
Principal Economist employer: ORR
At ORR, we pride ourselves on being an excellent employer by fostering a culture of innovation and sustainability within the railway sector. Our hybrid work model offers flexibility, allowing you to balance your professional and personal life while contributing to meaningful projects that drive the future of electrification and power systems. With opportunities for professional growth and collaboration across our UK offices in London, Birmingham, and Manchester, you'll be part of a dynamic team dedicated to making a positive impact on the environment and the community.