Senior Economist (Infrastructure and Price Controls)

Ofgem; Burnaby; On-site; CAD 47,000 - 120,000; Full time

Job summary

Ofgem is seeking a Senior Economist specializing in infrastructure regulation and price controls to join a new team aimed at driving essential changes in the energy sector. The position offers opportunities for professional growth, collaboration across departments, and a comprehensive benefits package, including flexible and hybrid working options.

Benefits

30 days annual leave after 2 years

Hybrid working options

Comprehensive training and development opportunities

Civil Service pension scheme

Qualifications

• Extensive experience in economic analysis, especially in regulatory or price control sectors.
• Experience in infrastructure policy and energy regulation.
• Ability to communicate complex data analyses effectively.

Responsibilities

• Lead analytical work packages for infrastructure projects.
• Prepare economic analyses and impact assessments.
• Collaborate with policy teams on regulatory frameworks.

Skills

Communication

Stakeholder Engagement

Analytical Thinking

Education

Degree in Economics or related field

Job description

Senior Economist (Infrastructure and Price Controls)

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Job Summary

Take on a rare opportunity to help shape the future of infrastructure regulation and price controls at the heart of Britain’s transition to a fairer, greener energy system. Ofgem is looking for a Senior Economist to join a newly created function that provides flexible resource to priority infrastructure and price control projects.

Ofgem is Great Britain’s independent energy regulator. We’re at the forefront of change across the energy sector, driving towards Net Zero while protecting energy consumers, especially those in vulnerable circumstances.

This is a fantastic opportunity to join a newly formed team working flexibly across major infrastructure policy areas. You’ll lead work on price controls and contribute to the development of impact assessments, whilst collaborating with cross-functional, internal and external teams. You will have the chance to shape new analytical approaches in response to emerging technologies and evolving government policy.

You will take ownership of analytical work packages across major projects, supporting policy development, enhancing decision-making and ensuring that economic analysis is embedded across Ofgem.

We’re looking for individuals with extensive experience in economic analysis, particularly in regulatory or price control environments. Experience in infrastructure policy, energy regulation, or economic modelling is highly desirable. You should also bring excellent communication skills, strong stakeholder engagement abilities and a proven track record of working flexibly across diverse teams and subject areas.

You’ll be part of a vibrant, inclusive analytical profession that supports your development and gives you the flexibility to work across a wide range of impactful projects. We offer a culture where collaboration and diverse perspectives are valued, and where you’ll have access to professional development opportunities, as well as hybrid working and a comprehensive benefits package.

We have a critical purpose to drive strategic improvements across our regulatory and operational functions. By joining us, you’ll play a key role in delivering change that supports a fair, innovative, and decarbonised energy system, ensuring better outcomes for consumers and the industry alike.

If you would like to be considered for more than one of the vacancies, please submit a separate application for each position.

Job Description

Key Responsibilities

Reporting To Either The Head Of Economic Analysis Or One Of Ofgem’s Principal Economists, The Candidate Will Contribute To a Programme Of Work Designed To :

• Support and collaborate with policy teams in producing robust and high-quality analysis to enable good decision-making.
• Working with team and policy leads, design new analytical frameworks to assess Ofgem’s new roles in infrastructure regulation, including the regulation of new technologies, and changes resulting from the development of Clean Power 2030.
• Prepare impact assessments and economic analysis of Ofgem’s infrastructure regulation.
• Cooperate with work managers across Ofgem and in some cases with partners (e.g. DESNZ, NESO) to provide assurance on the quality of analytical work on major projects.

Key Outputs and Deliverables (Specific to the role)

• Delivery of analytical work packages producing analysis and impact assessments for infrastructure projects, including Ofgem’s RIIO price controls
• Development of effective relationships with team members and infrastructure policy leads and team members, to ensure effective work
• Where appropriate, representing Ofgem effectively and enthusiastically with external stakeholders.

Professional Development Lead (PDL) – (Generic)

For those with the additional responsibility of Personal Development Lead, the remit will include but not be limited to :

• Mentors and coaches staff on personal and professional development in line with the professional standards and behavioural framework for their profession.
• Undertakes their PDL responsibilities in line with Ofgem’s Diversity and Inclusion commitments, championing inclusivity in their approach
• Advises staff on deployment opportunities as needed.
• Supporting deployment choices, as part of flexible resourcing.

Reporting To Either The Head Of Economic Analysis Or One Of Ofgem’s Principal Economists, The Candidate Will Contribute To a Programme Of Work Designed To :

• Support and collaborate with policy teams in producing robust and high-quality analysis to enable good decision-making.
• Working with team and policy leads, design new analytical frameworks to assess Ofgem’s new roles in infrastructure regulation, including the regulation of new technologies, and changes resulting from the development of Clean Power 2030.
• Prepare impact assessments and economic analysis of Ofgem’s infrastructure regulation.
• Cooperate with work managers across Ofgem and in some cases with partners (e.g. DESNZ, NESO) to provide assurance on the quality of analytical work on major projects.

Key Outputs and Deliverables (Specific to the role)

• Delivery of analytical work packages producing analysis and impact assessments for infrastructure projects, including Ofgem’s RIIO price controls
• Development of effective relationships with team members and infrastructure policy leads and team members, to ensure effective work
• Where appropriate, representing Ofgem effectively and enthusiastically with external stakeholders.

Professional Development Lead (PDL) – (Generic)

For those with the additional responsibility of Personal Development Lead, the remit will include but not be limited to :

• Mentors and coaches staff on personal and professional development in line with the professional standards and behavioural framework for their profession.
• Undertakes their PDL responsibilities in line with Ofgem’s Diversity and Inclusion commitments, championing inclusivity in their approach
• Advises staff on deployment opportunities as needed.
• Supporting deployment choices, as part of flexible resourcing.

Person specification

• Degree in Economics / related subject or comparable capability built through relevant professional experience in economic analysis. (Lead criteria)
• Extensive experience of working on comparable economic issues, either working in the energy sector, or in relevant areas of economic regulation such as price controls. (Lead criteria)
• Experience and expertise in regulatory policy analysis, particularly either price controls or regulatory design.
• Excellent interpersonal and team working skills including building strong relationships both internal and external to the team.
• Proven ability to work flexibly in different roles across a range of different analytical projects.
• The ability to effectively communicate and synthesise analysis and data for senior decision-makers and external audiences, both verbally and in writing.

Behaviours

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

• Seeing the Big Picture
• Communicating and Influencing
• Managing a Quality Service

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

Alongside your salary of £47,895, OFGEM contributes £13,875 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.

When you press the ‘Apply now’ button, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications.

You will then be asked to provide a 1250 word ‘personal statement’ evidencing how you meet the essential and desirable skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the essential and desirable skills and capabilities.

The Civil Service values honesty and integrity and expects all candidates to abide by these principles. You must ensure that any evidence submitted as part of your application or used during interview, including your CV and any statements or examples, are truthful and factually accurate. Ofgem takes any incidences of cheating very seriously. Please ensure all examples provided are of your own experience. Any instances of plagiarism or other forms of cheating will be investigated and, if proven, the relevant applications will be withdrawn from the process. Please note that plagiarism can include presenting the ideas and experiences of others, or generated by artificial intelligence, as your own.

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected, you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by [ https : / / www.cifas.org.uk / fpn ].

Feedback will only be provided if you attend an interview or assessment.

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.

Security

Successful candidates must undergo a criminal record check.

People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Successful candidates must undergo a criminal record check.

People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This Job Is Broadly Open To The Following Groups :

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).

The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.

The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).

The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.

The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).

This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.

The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).

Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job Contact :

Recruitment team

Further information

Appointment to the Civil Service is governed by the Civil Service Commission’s Recruitment Principles. You have the right to complain if you feel there has been a breach of these Recruitment Principles.

In the first instance, you should raise the matter directly via [e-mail]. If you are not satisfied with the response, you may bring your complaint to the Commission. For further information on bringing a complaint to the Civil Service Commission, please visit their website.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

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Finance and Sales

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