Ofgem

Economist (BB-BB68F)

Found in: Neuvoo UK

Description:

About the job

Summary

Ofgem works on behalf of energy consumers to ensure that every household and business in the UK can rely on a safe, affordable and environmentally sustainable energy supply.
What we do matters: making a difference to people’s lives now, and for generations to come. We offer a diverse range of flexible working career opportunities: roles that are stimulating and rewarding. And it’s important to us that we recruit from a wide range of professional and personal backgrounds – bringing different perspectives and experiences to our work.
This is a great career move for an experienced and capable Economist. You’ll be part of our Office for Research and Economics which applies analytical expertise to a wide range of high profile issues. These could include: assessing how current competition factors might influence the price cap for consumers’ energy tariffs; evaluating the impact of the pandemic on suppliers; or assessing Ofgem’s impact on consumers and businesses through impact reports and policy evaluation. Working with senior colleagues, you’ll be expected to apply appropriate economic concepts, using model-based arguments and other standard techniques to ensure that policy recommendations are well-informed, tested and evidence-based. You’ll also be encouraged to keep up-to-date with energy market issues and with developments in economic theory and practice.
You should already have experience of applying economic concepts to policy evaluation and development and you’ll be able to draw on proven analytical skills – working well with quantitative and qualitative data. It’s important that you can foster positive working relationships with colleagues across the organisation and that you can share good practice and expertise with those within and outside your own professional remit. Good communication skills (in writing and in person) will be key in enabling you to present and tailor complex subject matter to different audiences. And it’s likely that you have a degree in Economics, or that you can demonstrate equivalent expertise through practical experience in your career to date.
Ofgem is proud to be an equal opportunity employer. We embrace diversity and are committed to creating an inclusive environment for all employees. All employment is decided on the basis of open and fair competition, merit and business need.

Job description

The Economist role has opened up in the Analytical Strategy and Development (ASD) team within the Office for Research and Economics (ORE). The ORE supports and strengthens Ofgem's analysis, helps policies to be more consumer-focused and develops the analytical skills of our staff. The ORE is made up of three teams, including the ASD, Analytical Assurance and Consumer and Behavioural Insight.
The ASD team leads some of Ofgem's key analytical work. These include work on assessing whether the conditions for effective competition are in place for lifting the price cap, market assessments and the impact of Covid on energy suppliers. The team also assesses Ofgem’s impact for consumers and on businesses, for example Consumer Impact Report, Business Impact Target reporting and policy evaluation. This team also manages Ofgem's analytical communities, co-ordinating training needs, introducing career pathways for economists and ensuring a joined up approach to economist recruitment.

Responsibilities

• Carry out high quality analysis
• Draft reports or parts of reports
• Contribute to knowledge sharing, including showcasing our analytical skills, and developing links with economists inside and outside the organisation
• Participate in Ofgem’s economist recruitment activities
• Potentially manage external consultants

Behaviours

We'll assess you against these behaviours during the selection process:

  • Seeing the Big Picture
  • Making Effective Decisions
  • Communicating and Influencing
  • Working Together
  • Delivering at Pace
  • Technical skills

    We'll assess you against these technical skills during the selection process:

  • Please refer to the Candidate Pack attached for full details.
  • Benefits

    Ofgem can offer you a comprehensive and competitive benefits package which includes; up to 30 days annual leave. Excellent training and development opportunities. The opportunity to join the Civil Service pension arrangements which include a valuable range of benefits. Flexible working hours and family friendly policies. Restaurant and subsidise gym (London only). Interest free season ticket loan.

    Things you need to know

    Security

    Successful candidates must pass a disclosure and barring security check.People working with government assets must complete basic personnel security standard checks.

    calendar_today5 days ago

    report

    info Permanent

    location_on London, United Kingdom

    work Ofgem

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