At a Glance
- Tasks: Analyse energy costs and revenues, providing insights to support OVO's mission.
- Company: OVO is dedicated to tackling the climate crisis through innovative energy solutions.
- Benefits: Enjoy flexible pay, 34 days holiday, health benefits, and discounts on energy plans.
- Other info: Work from inspiring hubs in Bristol, Glasgow, or London with a diverse team.
- Why this job: Join a passionate team making a real impact in the UK's energy transition.
- Qualifications: Requires an analytical degree and 2+ years in an energy-related analytical role.
The predicted salary is between 38700 - 52500 £ per year.
Join to apply for the Senior Energy Margin Analyst - Future Energy role at OVO
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Join to apply for the Senior Energy Margin Analyst - Future Energy role at OVO
Role OVO-View
Team: Future Energy - Energy Margin Team
Salary banding: £45,770 - £60,000
Experience: Mid-level
Working pattern: Full-time
Reporting to: Senior Energy Margin Manager
Sponsorship: Unfortunately we are unable to offer sponsorship for this role.
This role in 3 words: Analytical; Data-driven; Future-focused
Top 3 qualities for this role: Curious; Mission-motivated; Adaptable
In the words of the Team, you should leave your current role for this one because….
You’ll be at the forefront of the UK’s energy transition, making a real difference for our customers and our planet!
Where you’ll work:
Depending on the needs of your business area, we expect hub based people to be in the office at least once a week, and to go to OVO Connection events in-person.
You’ll be assigned to the closest one of our three hub offices, Bristol, Glasgow, or London; unless your role requires field-based work. Each hub has accessible spaces to park your laptop, is designed to inspire people, help them connect and bring big ideas to life.
Everyone belongs at OVO
At OVO, we are on a mission to solve one of humanity\'s biggest challenges, the climate crisis. And we know it takes all of us to change the world. That\'s why we need diverse people from all gender identities, ethnicities, ages, sexual orientations, life experiences and backgrounds to join us.
Teamworking for the planet
Everything we do here spins around Plan Zero. So, naturally, the team you’ll be joining plays a gigantic role in making that happen. Here’s how:
Working within OVO’s Energy Markets and Optimisation (EMO) function, this role sits within the Energy Margin area of the Future Energy team. We’re a team of experts on the energy market who provide deep insight on the costs and revenues of energy retail.
This role in a nutshell:
You’ll be an expert in forecasting the energy costs and revenues of energy retail, and work with teams across OVO to provide critical insights on the risks and opportunities your forecasts present. You will also engage with external colleagues across industry on key topics such as the retail price cap.
Your key outcomes will be:
- Maintain a deep understanding of the potential industry changes that could influence direct costs and/or the price cap in the future and work with the Policy and Regulation team to develop robust lobbying positions that support OVO’s goals.
- Actively engage with and develop relationships with key external stakeholders (regulator, market operators, industry experts) to ensure we are aware of all upcoming changes that could influence costs or the cap in a timely manner.
- Influencing external stakeholders to support OVO’s Plan Zero mission by representing OVO at industry stakeholder events and bilateral meetings with industry bodies, government and regulators.
- Develop strong relationships with internal stakeholders across all levels to consolidate and cascade information, highlight risks and opportunities and develop business processes.
- Contribute to the technical development of automated systems and processes that ensure that forecast cost, tariff and margin data are made available to all internal stakeholders in an efficient and timely manner.
- Use your knowledge of analytical and statistical methods to develop robust and accurate industry cost forecast models and price cap forecast models.
Essential:
- An analytical degree, such as Maths, Physics, Engineering, Management Science, Finance or Economics.
- 2+ years work experience in an analytical role within the energy industry.
- Commercial awareness to support prioritisation and communication at a senior level.
- Comfortable working with ambiguity and do not see it as a blocker to progress.
- Able to learn quickly in order to develop a detailed understanding of existing models and processes.
- Highly analytical with strong data manipulation skills and a demonstrably high attention to detail.
- A self-starter, comfortable working both autonomously and with colleagues to deliver value in a small, high-functioning team.
- Able to communicate complex ideas to a range of stakeholders, including senior leaders.
- Our primary tooling includes: BigQuery, Tableau/Looker, Python, Github and Airflow. You will need to either have experience in these tools, or be keen and confident to learn them in-role.
- Experience in cost or price cap forecasting.
- Experience of using BigQuery or SQL to create robust reporting and analysis.
- Experience in statistical and optimisation Python libraries such as Pandas and NumPy.
- Like to have defined tasks provided to you - we are a small team and the successful applicant will need to use their initiative in solving defined problems in innovative ways.
- Are uncomfortable with ambiguity or working in a fast paced and dynamic environment.
- Are not a team player, like to “stick to your lane” and resent occasionally reaching across to support a colleague.
We’ll pay you between £45,770 and £60,000, depending on your specific skills and experience.
We keep our pay ranges broad on purpose to give us, and you, flexibility to match your experience to our zero carbon mission.
You’ll be eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal.
We also offer plenty of green benefits and progressive policies to help you feel like you belong at OVO…and there’s flex pay. It’s an extra 9% of your salary on top of your core pay to use as you like. You can take it as cash, add to your pension, or choose to spend it on a huge range of flex benefits.
Here’s a taster of what’s on offer:
For starters, you’ll get 34 days of holiday (including bank holidays).
For your health
With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more.
For your wellbeing
With gym membership, gadget, travel and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more.
For your lifestyle
With extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donations.
For your home
Get up to £300 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on smart thermostats and EV chargers.
For your commute
Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans.
Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.
For your Belonging
To find better ways to support our people, we need to listen to each other’s experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It\'s up to you.
Oh, and one last thing...
We’d be thrilled if you tick off all our boxes yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you!
If you have any additional requirements, there’s a space to let us know on the application form; we want to make the process as easy and comfortable for you as possible.
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#J-18808-LjbffrSenior Energy Margin Analyst - Future Energy employer: OVO
At OVO, we are committed to driving the UK's energy transition and making a positive impact on our planet. As a Senior Energy Margin Analyst, you'll thrive in a dynamic and inclusive work culture that values diverse perspectives and encourages personal growth. With competitive salaries, extensive benefits, and opportunities to engage with industry leaders, OVO is an exceptional employer for those looking to contribute meaningfully to a sustainable future.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Energy Margin Analyst - Future Energy
✨Get Involved with Industry Events
The energy and utilities sector is always buzzing with events, trade shows, and networking opportunities. We should hit up conferences and exhibitions like Energy UK or Utility Week Live—these are prime spots to mingle with industry professionals and even snag some insider info on job openings!
✨Join Energy-focused Online Communities
Let's tap into online platforms and forums like LinkedIn groups or Reddit communities specifically for energy and utilities. Not only can we showcase our knowledge, but we can also stay updated on company announcements or job leads from people already in the know.
✨Consider Industry Certifications
Pushing ahead with certifications like the NEBOSH National Certificate in Occupational Safety and Health (if you’re into safety) can give us a leg up in this competitive field. It not only builds our credibility but also shows employers that we’re serious about our career in energy and utilities.
✨Apply ThroughOVO's Website
Don’t forget to apply directly through OVO's website for the full-time Senior Energy Margin Analyst - Future Energy role. Many companies prioritise candidates who show initiative by going straight to the source. Make sure we tailor our application to highlight our passion for the energy sector!
We think you need these skills to ace Senior Energy Margin Analyst - Future Energy
Some tips for your application 🫡
Show Off Your Energy Knowledge:When crafting your CV and cover letter, make sure you highlight any knowledge or experience related to the energy-utilities sector. Whether it’s coursework, internships, or projects that showcase your understanding of energy management, sustainability, or regulatory frameworks, we want to see that passion and expertise shine through.
Quantify Your Achievements:In our field, numbers speak volumes! Don’t just tell us about your previous roles; quantify your achievements where possible. For instance, mention how you improved energy efficiency by a percentage or contributed to cost savings. This makes your application more compelling and shows us just how impactful you can be.
Tailor Your Cover Letter:Your cover letter is your chance to connect personally with us at OVO. Tailor it to reflect how your values align with our mission in the energy sector. Share why you're excited about this specific role and how you envision contributing to our goals.
Demonstrate Your Team Spirit:Collaboration is key in the energy-utilities industry. In your application, emphasise any team projects or experiences where you worked effectively with others, especially on sustainability initiatives or technical projects. We're looking for someone who can mesh well with our team!
How to prepare for a job interview at OVO
✨Show Your Passion for Renewable Energy
In the energy-utilities sector, it’s vital to demonstrate your enthusiasm for sustainable practices and innovations. Share experiences where you've worked on or studied renewable energy projects, whether that’s through coursework, past internships, or personal initiatives. Let us see how your passion aligns with the ethos of OVO.
✨Brush Up on Industry Regulations
Being familiar with industry standards and regulations is crucial in energy-utilities interviews. Make sure to know the basics of relevant policies and frameworks, like the Energy Act or environmental legislation. This will not only show you’ve done your homework but will also prepare you for potential technical questions about compliance during your interview.
✨Highlight Teamwork and Project Management Skills
Most roles in the energy sector involve collaboration with diverse teams. Be ready to discuss examples where you’ve successfully worked in teams or led projects, especially those involving energy initiatives. This is particularly important for a full-time position, as employers want to see you bring a collaborative spirit to OVO.
✨Prepare for Technical Assessments
Expect some technical questions or even practical assessments during your interview, especially about energy efficiency methodologies or basic engineering principles relevant to the role. It’s a good idea to brush up on key concepts and be prepared to explain them clearly, as this will demonstrate your technical proficiency and readiness to jump into your new role.
