Power and Utilities Regulatory Strategy - Director

We work as a core part of the firm’s Strategy& value creation practice. Our team combines excellent strategic understanding, strong technical skills, deep sector insights, and exceptional client management. We use the practical application of economics to develop real-world solutions to important problems - aligned to the purpose and mission of PwC. We work on stand-alone projects and in collaboration with our colleagues across a range of disciplines and sectors, meaning we offer a huge variety of opportunities for our people to apply their expertise in a range of exciting and different contexts.

For example, in the last twelve months our team has:

• Assisted Ofwat to protect water consumers, as the regulator’s PR24 Price Review delivery partner, examining and assessing a £100bn investment program for the current AMP8 period;
• Supported several energy networks to ensure they receive adequate funding from the regulator to deliver the continued safe and secure provision of electricity and gas to consumers;
• Led work for a large energy network to develop its regulatory strategy for the next 10 years;
• Assisted an energy system planner in ensuring its strategic planning frameworks and analytical methodologies aligned with best practice;
• Supported a large utility company in ensuring its delivery plan fully accounted for the key value levers of its regulatory regime;
• Led work for an energy retailer to assess the impacts of energy policies on customer charges.

We are looking for candidates with a strong background of professional experience, gained in an economic regulator, regulated company or in a consultancy. The successful applicants will need to demonstrate an ability to apply strategic thinking to support organisations with their business planning, policy development and regulatory strategy. You would ideally also possess a Masters degree or equivalent professional experience. Whilst the successful candidate will work across a range of sectors, we would be especially interested in candidates with experience in one or more of the following industries: gas and electricity networks; energy retail; renewables; and water.

What your days will look like:

• Leading key business development activity to deliver £1.5m revenue target.
• Leading projects in the energy and regulated utility strategy space.
• Managing and coaching our team of Senior Managers.
• Contributing to Practice Development activities, including participating in the Power & Utilities Economics and Regulation team and the wider Economics Leadership team.
• Providing expert advice and assistance on energy matters in large consultancy assignments.
• Reviewing team work in line with PwC standards to ensure quality delivery for clients.

This role is for you if:

• Experience in developing regulatory strategy and running regulatory negotiations
• End-to-end understanding of the price review cycle
• Designed and implementation of regulatory mechanisms
• Regulatory reporting and assurance
• Policy development and implementation
• Regulatory due diligence

What you’ll receive from us:

No matter where you may be in your career or personal life, our benefits are designed to add value and support, recognising and rewarding you fairly for your contributions. We offer a range of benefits including empowered flexibility and a working week split between office, home and client site; private medical cover and 24/7 access to a qualified virtual GP; six volunteering days a year and much more.