Whole Lifecycle Costing Specialist - Milton Keynes, United Kingdom - Network Rail

Network Rail
Network Rail
Verified Company
Milton Keynes, United Kingdom

2 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description
Whole Lifecycle Costing Specialist (Mathematical Modeller)


Location:

Milton Keynes, GB


Department Name:

Technical Authority


About Network Rail:

Our passengers and freight users are at the heart of everything we do. We help connect people to their friends and families and get goods to their destination safely and efficiently.

We're an organisation where people matter.
When you're part of our team, you matter to us, and you matter to millions.

We're continuing to build a more diverse and inclusive organisation which is representative of the passengers we serve.

To do this, it is essential we become a more open, diverse and inclusive organisation, harnessing the skills and expertise of all our people and attracting the best talent to help us have a safe, accessible railway for everyone.


We believe that investing in our people is one of the most effective ways of improving the safety, reliability and efficiency of the railway.

We encourage our colleagues to work flexibly, as we know traditional working patterns don't always fit.

If you want to consider working flexibly, just let us know and we'll do our best to help and invest in your career with us, whilst you have a healthy work life balance.

Network Rail owns and operates the railway infrastructure in England, Wales and Scotland on behalf of the nation.

That's over 30,000 km of track, 25,000 bridges, 16,000 km of earthworks and thousands of signals, level crossings and points.

They are also responsible for maintenance at 2,500 train stations, fully managing 18 of the largest. As well as overseeing railway timetabling for England, Scotland and Wales. The company is organised into central functions (Technical Authority, System Operator and Route Services) and 5 Regional businesses.

The
Advanced Analytics team sits within the Technical Authority.

Amongst other responsibilities, we own and manage the development of whole lifecycle forecasting models of railway assets (such as track, signalling systems and bridges).

These models are used to help plan the spending requirements of future Control Periods by estimating the impact on asset condition of different funding scenarios.


Brief Description:

We are looking for 2 x Whole Lifecycle Costing Specialists


About the role (External):


What will my typical day look like?
The average day of a Whole Lifecycle Costing Specialist will vary from one day to the next and include (but not limited to) the following:

  • Perform/scope out pieces of analysis to understand asset behaviour and thus advise asset forecasting models.
  • Design and develop appropriate asset modelling methodologies.
  • Implement large scale portfoliolevel (networkwide) models for use in Network Rail's investment planning process.
  • Produce analysis, tools, and documentation to aid the understanding of asset model outputs for engineering, finance, planning and regulators.
  • Maintain awareness of developments in whole lifecycle costing, e.g., via the Institute of Asset Management and university activities.

Person Specification

  • Ability to understand sophisticated engineering processes or physical systems.
  • Handle, combine and cleanse large data sets from different sources.
  • Write ad hoc code for model prototyping, ideally with experience of Object-Oriented coding (Python, R, C#, VBA are typically used within the team and training is encouraged).
  • Design and construct mathematical models of railway assets.
  • Understand how to use statistical methods.
  • Ability to write detailed documentation that is easy to read and interpret.
  • Communicate model methodologies and results to people with little modelling knowledge such as Asset Engineers.

What skills and experience are required?

  • Degree in numerate field (such as Mathematics, Statistics, Physics, Engineering or Computer Science).
  • Experience of working to demanding timescales.
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Vacancy Type: 2 x Permanent, Full-Time roles
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Location: At present the roles are located at the Network Rail offices based in
Milton Keynes, for these roles, you are expected to live within 90 minutes travel time of the office or be willing to relocate. Other locations may be considered on a case-by-case basis by the hiring manager.
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Interviews: In Milton Keynes
W/C 24th
April 2023 (The date may change according to business needs)
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Start date: You should be able to start before
September 2023 at the latest.
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Band & Salary: 4B - £34,050 - £38,305 per annum, plus benefits depending upon experience


What can we offer you in return?

We have a range of benefits including:

  • 28 days annual leave entitlement, plus Bank Holidays and five volunteer days.
  • My Benefits our discounted online shopping site.
  • A range of discounted offers including cycle to work, healthcare club discounted membership and other benefits.
  • Subsidies of up to 75% on rail and underground season tickets and leisure travel.
  • A range of pension schemes.
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