Asset and Investment Manager

SP Electricity North West; Preston; On-site; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Salary sacrifice car scheme

26 days annual leave

Pension scheme

Employee assistance programme

Rewards portal

Job summary

SP Electricity North West is seeking an Asset & Investment Manager for Circuits in Preston. You will develop investment plans for circuit assets, analyse performance and risk, and ensure plans align with regulatory and business requirements to improve reliability and cost efficiency.

You will lead asset replacement strategies, support regulatory submissions, and collaborate with internal teams and external partners to deliver innovative investment solutions in a fast-paced environment.

Qualifications

• Degree in Electrical Engineering or equivalent.
• Membership of a relevant professional body (IET/IAM); Chartered status desirable.
• Strong knowledge of electricity networks and asset management standards (ISO 55000).

Responsibilities

• Develop and maintain a rolling network investment plan for circuit assets.
• Analyse asset performance and risk to inform investment priorities.
• Contribute to regulatory submissions, reporting and business planning.
• Lead development of asset replacement and investment strategies.
• Collaborate with operational teams and external partners to deliver solutions.
• Promote health, safety and wellbeing in the workplace.

Skills

Electrical Eng

Data analysis

Stakeholder mgmt

ISO 55000

Education

Electrical Engineering degree

IET/IAM membership

Job description

SP Electricity North West manages and invests in the power network that supplies electricity to the 2.4m homes and businesses across the North West. Our 2,400 colleagues manage the 13,000km of overhead lines, 44,000km of underground cables and thousands of electricity substations to keep power flowing and supporting green growth. We’re one of six distribution network operators in the UK and are regulated by Ofgem.

We’re proud that in December 2024 we were named Utility of the Year by Utility Week magazine who said we punched above our weight and used innovation to solve some of the industry’s most difficult challenges. Come and be part of our team and make a difference.

Now part of the Iberdrola and ScottishPower group, we’re collectively building smarter, greener electricity networks that will get Britain growing by investing in a better future, quicker.

A Fantastic Opportunity: Asset & Investment Manager - Circuits

As an Asset & Investment Manager, you will play a key role in developing and delivering investment plans for SP Electricity North West’s circuit assets, including overhead lines and underground cables. You will help ensure that investment programmes align with regulatory, statutory and business requirements, while supporting the delivery of safe, reliable and cost-effective network performance. These investment programmes represent annual expenditure of approximately £150m-£200m.

Working within the Asset Management team in the Asset Management & Investment Directorate, you will contribute to the long‑term strategic direction of the network asset base. The role involves analysing asset performance and risk, identifying opportunities to improve outcomes for customers and stakeholders, supporting evidence-based decision making, and helping the business optimise investment priorities. You will work collaboratively with internal and external stakeholders to ensure investment plans deliver value, manage emerging risks and support the organisation’s strategic objectives.

What you’ll be doing:

As an Asset & Investment Manager, you will:

• Support and promote a strong health, safety and wellbeing culture, helping to ensure safe outcomes for colleagues, contractors, customers and communities.
• Deliver excellent service and build effective relationships with internal and external stakeholders.
• Develop and maintain a rolling network investment plan for circuit assets, ensuring compliance with regulatory, statutory and business requirements.
• Use asset performance, risk and cost‑benefit analysis to inform investment priorities and support value‑driven decision‑making.
• Lead the development of asset replacement and network investment strategies, taking account of asset condition, resilience, performance, risk and future network requirements.
• Contribute to regulatory submissions, reporting and business planning activities, including the preparation of technical and investment justification documentation where required.
• Work collaboratively with operational teams and specialist partners to identify and deliver effective, innovative investment solutions.
• Develop and maintain asset management policies, strategies and plans in line with industry standards and organisational objectives.
• Monitor external developments, including industry, regulatory and legislative changes, and help assess their impact on the business.
• Build productive relationships with regulators, industry bodies, suppliers, local authorities and other key stakeholders to support successful programme delivery and share best practice.
• Represent the organisation in relevant industry forums, working groups and collaborative initiatives as required.
• Provide leadership, coaching and support to colleagues, fostering an inclusive, collaborative and high‑performing team environment.
• Contribute positively to change initiatives by encouraging engagement, continuous improvement and effective communication.

What you’ll need:

• A degree in Electrical Engineering (or equivalent qualification).
• Membership of a relevant professional body, such as the IET or IAM. Chartered status is desirable.
• Strong knowledge of electricity networks, including the operation and management of circuit assets.
• Understanding of the RIIO‑ED2 regulatory framework and its implications for network investment and asset management.
• Experience using technical, operational and financial data to inform decision‑making and investment priorities.
• Ability to analyse complex issues, make evidence‑based decisions and provide clear technical recommendations.
• Knowledge of asset management principles and best practice, including familiarity with ISO 55000.
• Strong stakeholder management and communication skills, with the ability to engage effectively across a range of audiences.
• Experience delivering high‑quality outcomes in a fast‑paced and changing environment.
• Ability to present complex information clearly through reports and presentations to senior stakeholders.

What we offer:

We value your expertise. In return, you’ll receive:

• Salary sacrifice car scheme
• 26 days annual leave increasing with length of service
• An employee rewards portal offering discounts on several well‑known brands
• A market‑leading contributory pension scheme
• Employee assistance programme
• Opportunity for professional development through our L&D function.

Our Commitment to Inclusion

We’re proud to foster a workplace where everyone can thrive. We celebrate diversity and are committed to building a team that reflects the communities we serve. We believe that embracing our differences makes us stronger.

Should you require any additional support with your application, or any adjustments please contact our Recruitment team at [e-mail] or on 0845 366 0092 (option 2)

Any offer made will remain conditional until pre‑employment checks are complete to a level deemed satisfactory by Electricity North West. Due to the of this role, the following pre‑employment checks will be required; references from previous employers, Disclosure and Barring Service (DBS) and a Drug & Alcohol test.

We reserve the right to close this vacancy early.

We don’t accept speculative CVs from agencies. Any received we will assert ownership of the candidate and no fee will be payable.