Regulatory Economics Specialist - Coventry, United Kingdom - Cadent

Cadent
Cadent
Verified Company
Coventry, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

Description

Regulatory Economics Specialist

Contract Type:
Permanent

Location:
Ansty, Hybrid

Salary:
£60,000

About the role


Our Strategy and Regulation function are now developing our business plan for the RIIO-GD3 period This marks a strategically important time for the gas sector and how we support the move to Net Zero.

Within this, our Regulatory Economics andCost Assessment team has a key role to play. Specifically, to secure an accurate and fair assessment of the cost efficiency of our investment plans; and provide a range of strategic input into the next price control framework (e.g. on outputs, incentives andfinanceability).


The role as a Regulatory Economics Specialist presents an excellent and exciting opportunity to be at the heart of developing Cadent's business plan and price control approach to ensure that we are able to support meeting Net Zero and deliver an affordable,timely and resilient transition for our customers.

You will provide specialist analytical input, central to the development of Cadent's next business plan through:

- driving the development, running and assessment of econometric cost models to assess the efficiency of Cadent's networks;
- undertaking analysis to respond to regulatory determinations made on Cost Assessment; and
- supporting the Head of Regulatory Economics in providing wider economics expertise for other areas of the price control.


In the role you will also interface with a range of other areas within Cadent such as operations and finance and externally with the Regulator, Ofgem, other gas distribution networks and external advisors.


What we'll ask of you

  • Combine economics and analytical ability with excellent verbal and written communication skills
  • Trusted to deliver quality and specialist experience, always acting responsibly and communicating clearly
  • Promote a positive safety culture through visible proactive, consistent and influential behaviours
  • Ability to investigate, analyse and contextualise complex issues (for both internal and external stakeholders), identify key points to be addressed and develop effective, practical and simple plans to resolve problems
  • Actively demonstrate and promote the Cadent Values, and positively contribute to a customeroriented approach
  • Use expertise to help direct strategy based on detailed and robust analysis
  • Drive and deliver brilliant customer service in line with expectations, operating at all times with a sense of purpose

About You

  • Demonstrable drive, initiative and leadership, good interpersonal and organisational skills
  • Able to lead, prioritise and manage multiple work objectives to challenging timescales
  • Have a Degree in economics, econometrics/statistics or numerate discipline
    or experience gained through involvement in regulatory cost assessment processes
  • Strong analytical capability, attention to detail and experience of undertaking data cleaning, processing and analysis, including econometrics/regression analysis (within Excel and codebased tools such as STATA or similar)
  • Knowledge of economic regulatory regimes applied in network industries and regulatory cost assessment processes
  • Collaborative with good interpersonal skills to engage with the wider business and leadership teams
  • Clear verbal, presentational and written communication skills
  • Demonstrable ability to engage and influence with stakeholders/clients
  • Demonstrable ability to pick up new skills and knowledge
  • Demonstrable focus on customers and stakeholders

What's In It For You
Here at Cadent, we are committed to supporting our employees to get the best out of themselves.

For this role in particular we can offer:

  • Ample opportunity for progression within the business
  • Mentoring and guidance opportunities

Benefits
We offer a host of benefits to suit your lifestyle and support your well-being


These include:

  • Annual bonus
  • Pension Scheme double matched up to a total of 18% of salary (i.e., employee contributions of up to 6%, double matched by a Cadent contribution of up to 12%)25 days holiday, plus statutory days, and an option to buy more<
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