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Title

Senior Analyst - Offshore Cost Assessment
Posted
Reference
Sectors Sustainability, Climate, Environment Management
Location Wales (Central) - UK, Scotland (Central) - UK, England (London & Greater) - UK
Salary (Minimum)
0
Salary (Maximum)
0
Type Fixed Term and Permanent Roles
Status Full Time
Level Senior Level
Deadline 28/10/2024
Company Name Ofgem
Contact Name
Ofgem logo
Directory Entry : Ofgem is the Office of Gas and Electricity Markets. Our role is to protect consumers by working to deliver a greener, fairer energy system. Our organisational strategy and objectives for protecting consumers, supporting decarbonisation and improving the energy system.
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Description

The successful candidate will help to implement regulatory policy for electricity transmission networks, establishing positive working relationships with a broad range of internal and external stakeholders, and representing Ofgem with robust, confident and accurate analysis. You can expect to be involved in technical analysis and statistical/econometric modelling as well as producing reports to engage with industry representatives

You will task manage a team of people scrutinising detailed cost submissions in respect of offshore, onshore, multipurpose interconnector and interconnector (cross-border) electricity network projects, and ensuring that the costs associated with these projects are economic and efficient. In doing so you will be responsible for leading the analysis of three or four major projects every year, while also task managing other team members and external consultants. You will also lead discussions and engagement with project developers to understand and test their proposals. You will use the findings of your analysis to ensure consumers receive value for money. 

The breadth of work ranges from technical analysis and statistical/econometric modelling to report drafting and stakeholder engagement (eg discussions with industry). Your management of people will also allow team members to play to their strengths or develop in new areas. 

Person specification

Key Responsibilities

  • Detailed and robust analysis of submissions to help determine the economic and efficient costs associated with the development and delivery of these projects. This will include comparing costs across different projects, undertaking detailed benchmarking analysis to inform and support our assessments, and helping to set appropriate incentives on project developers to manage their costs efficiently.
  • Creative but robust analysis of complex information that supports policy and decision-making.
  • The ability to quickly review and draw conclusions from detailed cost and technical submissions.
  • Presentation of analysis and consequential clear and concise policy/decision proposals to senior managers and external stakeholders
  • Produce internal management papers, external reports, consultations and impact assessments.
  • Lead assessment of two or more large (>£100m) infrastructure projects at any time. This will involve project planning, analysis of issues, management of external consultants and their contracts, and management of work packages allocated to other team members.
  • project plans and other project documentation (eg reports, risk/issues logs)

In the event of receiving a large number of applications an initial sift may take place on just the identified lead criteria indicated below.

Essential

  • Strong analytical skills and an ability to assess and interpret complex information and data to highlight relevant trends and draw conclusions [LEAD].
  • Experience of stakeholder management.
  • A proven track record of effective delivery of work packages or projects in a commercial or public sector environment.
  • Excellent written communication skills, with a track record in successfully managing diverse stakeholder groups.
  • Good project management skills with a strong track record of delivery against challenging deadlines.
  • Experience of people management, either directly or in a matrix working environment. 

Desirable

  • Excellent understanding of economics, regulation, or commercial considerations relating to infrastructure investment and delivery.
  • Understanding of the energy sector.

Behaviours

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

  • Changing and Improving
  • Making Effective Decisions
  • Communicating and Influencing
  • Delivering at Pace

Technical skills

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

  • Please refer to the Candidate Pack and Role Profile attached for full details.
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