Electricity Settlements Analyst
Electricity Settlements Analyst

Electricity Settlements Analyst

Milton Keynes Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our team as an Electricity Settlements Analyst, optimising energy settlement processes daily.
  • Company: Shell UK is a leading energy provider, committed to sustainability and innovation.
  • Benefits: Enjoy flexible working hours, remote options, and competitive pay with annual increases.
  • Why this job: Be part of a diverse team driving the energy transition while developing your skills.
  • Qualifications: Experience in B2B energy settlements and strong analytical skills are essential.
  • Other info: We encourage applicants from all backgrounds to apply and grow with us.

The predicted salary is between 36000 - 60000 £ per year.

Job Description

We're ambitious with a pace to match, and as part of one of the world's largest companies, the opportunity and ability to push forward is greater than ever before. We foster a culture of continuous improvement. Accountability matters, which means enabling transformation through autonomy to influence and see progress through.

Every day we work to provide an environment where all employees feel valued and included and can nurture their talent as individuals and as part of a collaborative team.

A diverse and inclusive workplace, embedded in our principles of honesty, integrity, and respect, brings together remarkable people, and enables them to be themselves. At Shell Energy, you'll be able to apply and develop your skills and knowledge as part of a collaborative team that's helping to innovate.

What's the role
This is a great opportunity to join our operations team as our Electricity Settlements Analyst. Reporting into the Energy Settlements Manager, you'll work to optimise the total amount of energy settling through our industry obligations. This will include working across workstreams including settlement audited dataflows, meter faults and field appointments, to ensure activities result in a successful read validation.

With responsibilities supporting electricity performance you will ensure excellent SEUK and customer outcomes. With a detailed understanding of B2B settlement processes, you will demonstrate the ability to continually develop processes to support strong settlement performance.

The role supports our business' aim to be seen in by providing market leading operational capabilities and supporting our wider customer goals of delivering a personalised service to customers and brokers. You will also focus on driving cost competitiveness through operational excellence and continual improvement in processes & systems.

What you'll be doing
Your focus will be to deliver strong settlement performance, as a proactive team member achieving "best in class" performance levels in the following areas:

Performance:

  • Evaluate processes to identify areas for improvement to help achieve industry regulated targets for electricity settlement performance as defined by the balancing & settlements code.
  • Ensure Shell deliver the Elexon Settlement Mandate for HH & NHH meters.
  • Support in the delivery of MHHS change, through ensuring impact to settlement processes are understood and mitigated.
  • Identify new areas of opportunity and work to create & define new processes, including process mapping.
  • Support investment cases for new initiatives and projects that help improve the customer journey and industry performance, whilst balancing risk and cost.
  • Sourcing and analysing large sets of data and summarising into understandable conclusions.
  • Work with both internal and external third parties to ensure the smooth running of data exception processes.
  • Proactively manage third party suppliers and other industry parties to ensure portfolio data is as accurate as possible.
  • Ensure successful preparation of industry audits e.g Elexon BSC audit.

Process:

  • Investigate and resolve settlement exceptions promptly.
  • Develop accurate forecasts for settlement volumes.
  • Exhibit a good understanding of processes that will require monitoring and maintenance from a regulatory compliance perspective. (e.g. Ofgem, Elexon).
  • Adhere to group quality standards focused on creating operational excellence.
  • Providing reporting and analysis on settlement performance for leadership.
  • Consistently monitor Settlement portfolios, identifying trends and potential risks.

What you bring

  • Significant experience within B2B Energy Settlements environment.
  • Robust understanding of back-office operations in a B2B energy supplier context.
  • Solid understanding of industry settlement for electricity.
  • Proactive in identifying trends, risks, and opportunities.
  • Comfortable with data analysis and forecasting.
  • Knowledge of MWHHS and its impact on settlements would be beneficial.
  • Experience in building strong working relationships with contacts at Industry Third Parties.
  • Commercial awareness including analytical skills.
  • Strong attention to detail and problem-solving skills.
  • Naturally inquisitive & results driven, able to meet deadlines, strong organizational skills.

What we offer

You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You'll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You'll be able to balance your priorities as you become the best version of yourself.

  • Progress as a person as we work on the energy transition together.
  • Continuously grow the transferable skills you need to get ahead.
  • Work at the forefront of technology, trends, and practices.
  • Collaborate with experienced colleagues with unique expertise.
  • Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
  • Benefit from flexible working hours, and the possibility of remote/mobile working.
  • Perform at your best with a competitive starting salary and annual performancerelated salary increase – our pay and benefits packages are considered to be among the best in the world.
  • Take advantage of paid parental leave, including for non-birthing parents.
  • Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
  • Grow as you progress through diverse career opportunities in national and
  • international teams.
  • Gain access to a wide range of training and development programmes.

We are committed to attracting a broader and more diverse pool of candidates. If this position doesn't feel like the perfect fit for your qualifications right now, we'd still love to hear from you. Consider creating a profile in our Talent Community so we can keep you in mind for future opportunities that may align with your skills.

Shell in The United Kingdom

Shell UK remains one of the North Sea's biggest producers, supplying around 10% of the UK's total oil and gas needs. But perhaps the most recognisable face of Shell in the UK is our network of over 1,000 Shell-branded service stations.

In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customers decarbonise with a focus on transport and industry.

Electricity Settlements Analyst employer: Shell

At Shell Energy, we pride ourselves on being an exceptional employer, offering a dynamic work environment that champions continuous improvement and innovation. Our inclusive culture fosters collaboration and personal growth, providing employees with the opportunity to develop their skills while contributing to meaningful projects in the energy sector. With competitive benefits, flexible working arrangements, and a commitment to diversity, Shell is dedicated to helping you thrive both professionally and personally in the heart of the UK's energy landscape.
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Contact Detail:

Shell Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Electricity Settlements Analyst

✨Tip Number 1

Familiarise yourself with the B2B energy settlements landscape. Understanding the nuances of this sector will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the energy sector, especially those involved in electricity settlements. Engaging with industry contacts can provide insights and potentially lead to referrals.

✨Tip Number 3

Stay updated on regulatory changes affecting the energy market, such as Ofgem and Elexon guidelines. Showing that you are informed about current trends will set you apart from other candidates.

✨Tip Number 4

Prepare to discuss specific examples of how you've improved processes or resolved issues in previous roles. This will showcase your problem-solving skills and proactive approach, which are crucial for the Electricity Settlements Analyst position.

We think you need these skills to ace Electricity Settlements Analyst

B2B Energy Settlements Knowledge
Data Analysis
Forecasting Skills
Understanding of Elexon and Ofgem Regulations
Process Mapping
Problem-Solving Skills
Attention to Detail
Strong Organisational Skills
Commercial Awareness
Ability to Identify Trends and Risks
Relationship Management with Third Parties
Operational Excellence
Reporting and Performance Analysis
Proactive Approach to Process Improvement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in B2B energy settlements and back-office operations. Use specific examples that demonstrate your understanding of industry settlement processes and your ability to analyse data.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities outlined in the job description, particularly your proactive approach to identifying trends and opportunities.

Showcase Your Analytical Skills: Since the role involves sourcing and analysing large sets of data, provide examples of past experiences where you successfully managed data analysis or forecasting. Highlight any tools or methodologies you used to achieve results.

Demonstrate Cultural Fit: Shell values diversity and inclusion, so reflect this in your application. Share experiences that showcase your ability to work collaboratively in diverse teams and your commitment to fostering an inclusive environment.

How to prepare for a job interview at Shell

✨Understand the B2B Energy Settlements Landscape

Make sure you have a solid grasp of the B2B energy settlements environment. Familiarise yourself with the key processes and regulations, such as the balancing and settlements code, to demonstrate your expertise during the interview.

✨Showcase Your Data Analysis Skills

Since the role involves sourcing and analysing large sets of data, be prepared to discuss your experience with data analysis and forecasting. Bring examples of how you've used data to identify trends or improve processes in previous roles.

✨Highlight Your Problem-Solving Abilities

The job requires strong attention to detail and problem-solving skills. Be ready to share specific instances where you've successfully resolved issues or improved operational performance, especially in a regulatory compliance context.

✨Demonstrate Collaborative Spirit

As the role involves working with both internal teams and external third parties, emphasise your ability to build strong working relationships. Share examples of how you've collaborated effectively to achieve common goals in past positions.

Electricity Settlements Analyst
Shell
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  • Electricity Settlements Analyst

    Milton Keynes
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-07-15

  • S

    Shell

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