Price Control Performance Evaluation and Cost - London, United Kingdom - OFGEM

OFGEM
OFGEM
Verified Company
London, United Kingdom

3 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

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Reference number:


Salary:

- £58,520 - £86,547
  • London £62,700£86,547 National £58,520£80,425. Please ensure that you read the Pay and Reward information for civil service and internal colleagues before applying.
  • A Civil Service Pension with an average employer contribution of 27%
    Job grade:


  • Grade 6

  • Level 3
    Contract type:
  • Permanent
    Business area:
  • OFGEM
  • Networks
  • Price Controls
  • Onshore Price Control Operations Team
    Type of role:
  • Analytical
  • Economist
  • Senior leadership
    Working pattern:
  • Flexible working, Fulltime
    Number of jobs available:
  • 1Contents
Location

About the job


Benefits:

Things you need to know

Location

  • Cardiff, Glasgow, LondonAbout the job

Job summary:

Personal growth is key at Ofgem, and being self-motivated and driven in your role can open opportunities for you. If you are eager to drive positive change and join the Ofgem team, then get in touch today

Ofgem has a culture of inclusion that encourages, supports and celebrates the diverse voices and experiences of our colleagues. It fuels our innovation and helps ensure we can best represent the consumers and the communities we serve. Everyone is welcome - as an inclusive workplace, our employees are comfortable bringing their authentic selves to work.


Job description:


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.

We are playing a vital part in accelerating the transition to Net Zero and a carbon neutral energy system - a goal that everyone wants to achieve.

Whatever your role, you'll be playing your part in creating new energy solutions that are great for customers, and great for the environment.


The renewed urgency in the UK's decarbonisation goals underlines the need for our energy networks to be ready for new patterns of energy supply and energy use.

As we embark on a deeper and faster transformation of our energy system, we need to ensure that networks play a full role in that whilst ensuring we protect consumers by ensuring they benefit from a low-cost energy system.

This role will play a key part of that process, ensuring Ofgem's regulation of the energy networks and beyond enables a wider transformation of the energy in the coming decades, helping to achieve net zero targets for 2035 (a net zero clean power system) and 2050 (a net zero economy).

Ofgem has a culture of inclusion that encourages, supports and celebrates the diverse voices and experiences of our colleagues. It fuels our innovation and helps ensure we can best represent the consumers and the communities we serve. Everyone is welcome - as an inclusive workplace, our employees are comfortable bringing their authentic selves to work.


Purpose

  • Shaping Ofgem's ongoing development and implementation of cost modelling and assessment tools and techniques for longer term network price control setting.
  • Be the focal point and expert in a multidisciplinary team supporting the delivery of highquality cost assessment programmes across the energy sector.
  • Driving continuous improvement in our technical and analytical capabilities for cost modelling and assessment within the organisation.
  • Plan, oversee and deliver a set of work deliverables on time and to a high standard through effective project management and support of multidisciplinary team members.
  • Provide inclusive corporate leadership, using your expertise to provide comprehensive knowledge sharing, support and development that demonstrate commitment to Ofgem's values.

Key Outputs and Deliverables

  • Takes a leadership role in the development and implementation of an annual monitoring process, including annual report, on network companies' performance and delivery of the price control.
  • Presents our assessment of performance to Directors and our board (GEMA).
  • Leads deepdive analysis on specific element of price control, as well as developing cost benchmarking and unit cost modelling.
  • Works collaboratively to establish Ofgem as a centre of excellence in cost assessment and price regulation.
  • Collaborates closely with Team Managers to manage interdependencies, risks and resourcing to support portfolio delivery.
  • Supports corporate objective to develop inclusive team resourcing and staff onboarding.

Person specification:


Essential Criteria

  • Established expertise in regulatory performance monitoring, cost assessment and/or data analysis, as demonstrated by proven record of high performance and substantial achievements in current or previous roles over several years. (Lead criteria)
  • Proven experience in electricity transmission or electricity distribution sector. (Lead criteria)
  • Excellent analytical skills, with demonstrated ability to think critically, validate and analyse complex data, and to challenge and sense check results.
  • Excellent communication and
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