Asset Group Strategy Manager

National Grid plc; Newcastle upon Tyne; Hybrid; GBP 70,000 - 90,000; Full time

Benefits offered by this job

Bonus up to 30%

Pension with company contribution up到

Job summary

National Grid is seeking an experienced Asset Group Strategy Manager to lead the new Asset Group Strategy function within Asset Management. You will own long-term asset investment strategies and drive evidence-based decisions across engineering and operations, shaping priorities and funding for Great Britain's electricity transmission network.

You will build and lead a multidisciplinary team, develop risk- and value-based investment portfolios, and prepare business cases and regulatory

Qualifications

• Significant experience in asset management, asset strategy or investment planning within utilities or asset-intensive sectors.
• Strong understanding of risk-based asset management and whole-life cost, cost-benefit and value optimisation techniques.
• Experience developing business cases, investment justifications or regulatory submissions that secure funding for major asset programmes.
• Strong commercial awareness balancing performance, risk, cost and stakeholder outcomes.
• Experience leading and developing multidisciplinary professional teams.
• Excellent stakeholder engagement skills with senior levels across complex organisations.
• Degree in engineering, STEM, economics or related discipline; membership of a professional institution.
• Chartered status or equivalent professional accreditation is beneficial.

Responsibilities

• Lead the development of long-term asset group strategies that drive investment decisions across National Grid's transmission asset portfolio.
• Build and lead a multidisciplinary team of asset managers and analysts, creating a high-performing culture focused on delivering strategic outcomes.
• Develop and maintain risk and value-based investment portfolios, balancing asset performance, network risk and customer value.
• Use asset data, lifecycle insights and analytical tools to identify priorities and optimise investment.
• Deploy robust approaches to whole-life cost modelling, cost-benefit analysis and investment appraisal, ensuring evidence-based decisions.
• Own the long-term view of asset intervention priorities, reflecting emerging risks and changing network needs.
• Lead the preparation of investment business cases and regulatory submissions, justifying need and value.
• Build strong relationships with senior stakeholders across Asset Management, Engineering, Operations and regulators.
• Provide assurance across investment decision-making processes and supporting evidence.
• Help shape a new strategic capability for asset investment decisions.

Skills

Asset management

Investment planning

Stakeholder engagement

Regulatory submissions

Cost-benefit analysis

Education

Engineering degree

Membership of a professional institution

Job description

At National Grid, we keep people connected and society moving. But it’s so much more than that. National Grid supplies us with the environment to make it happen. As we generate momentum in the energy transition for all, we don’t plan on leaving any of our customers in the dark. So, join us as a Asset Group Strategy Manager within our Asset Management team and find your superpower.

National Grid is recruiting an Asset Group Strategy Manager - This role can be based from any of our National locations - Hybrid working.

Job Purpose

National Grid Electricity Transmission is entering an unprecedented period of investment and network growth to support the energy transition. To ensure we make the right investment decisions at the right time, we're establishing a new Asset Group Strategy team within Asset Management.

As Asset Group Strategy Manager, you'll lead this newly formed function and take ownership of the long-term asset investment strategies that underpin our network investment plans. Working across Asset Management, Engineering and Operations, you'll ensure decisions are driven by evidence, risk and value, creating a clear and consistent approach to asset intervention and investment planning.

This is a high-profile leadership role with responsibility for shaping investment priorities, supporting regulatory submissions and building confidence in how we justify funding that maintains the reliability, resilience and performance of Great Britain's electricity transmission network.

What you'll do

• Lead the development of long-term asset group strategies that drive investment decisions across National Grid's transmission asset portfolio.
• Build and lead a multidisciplinary team of asset managers and analysts, creating a high-performing culture focused on delivering strategic outcomes.
• Develop and maintain risk and value-based investment portfolios, balancing asset performance, network risk and customer value.
• Use asset data, lifecycle insights and analytical tools to identify priorities and optimise investment across multiple asset groups.
• Deploy robust approaches to whole-life cost modelling, cost-benefit analysis and investment appraisal, ensuring decisions are evidence-based and consistent.
• Own the long-term view of asset intervention priorities, ensuring emerging risks, new information and changing network needs are reflected in investment plans.
• Lead the preparation of investment business cases and regulatory submissions, clearly justifying need, value for money and strategic benefit.
• Proactively build strong relationships with senior stakeholders across Asset Management, Engineering, Operations and external regulatory bodies.
• Provide assurance, confidence and transparency across investment decision-making processes and supporting evidence.
• Help shape a new strategic capability that will transform how asset investment decisions are developed, prioritised and justified across the business.

About you

We're looking for a strategic asset management leader with experience shaping investment decisions within a large asset-intensive organisation.

You'll bring:

• Significant experience in asset management, asset strategy or investment planning within utilities, energy, infrastructure, water, gas, transport or similarly asset-intensive sectors.
• A strong understanding of risk-based asset management and the use of whole-life cost, cost-benefit and value optimisation techniques to support investment decisions.
• Experience developing business cases, investment justifications or regulatory submissions that secure funding for major asset programmes.
• Strong commercial awareness and the ability to balance performance, risk, cost and stakeholder outcomes.
• Experience leading and developing multidisciplinary professional teams.
• Excellent stakeholder engagement skills, with the ability to influence and challenge at senior levels across complex organisations.
• A degree in an engineering, STEM, economics or related discipline, or equivalent experience.
• Membership of a relevant professional institution.

It would be beneficial if you also have:

• Experience working within a regulated utility environment.
• Knowledge of electricity transmission assets and associated asset intervention strategies.
• Chartered status or equivalent professional accreditation.
• Knowledge of Network Asset Risk Metric (NARM) methodologies.
• Experience engaging with economic regulation, price control submissions or regulatory funding mechanisms.

What you'll get

A competitive salary between £70,000 – £90,000 – dependent on capability

As well as your base salary, you will receive a bonus of up to 30% of your salary for stretch performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

More Information

The closing date for this vacancy is 15th October. However, we encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.

DE & I statement:

At National Grid, we work towards the highest standards in everything we do, including how we support, value, and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation and welcome and encourage applicants with diverse experiences and backgrounds, offering flexible and tailored support, at home and in the office.

Our goal is to drive, develop, and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives, and business need. We are committed to building a workforce that can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.

National Grid operates in both the UK and US, with a broad portfolio of energy businesses dedicated to providing safe, reliable, and sustainable power.

From electricity and gas transmission to advancing clean energy and modernising grids, our work covers every aspect of the energy system.

Our energy flows through absolutely everything we do

Life here at National Grid is more than just our purpose or our values, it’s everything we put into everything we do. It’s our commitment to diversity and inclusion; how we help our employees learn and grow; how we partner with & strong??. It’s all this, and so much more.

We leverage our collective strengths to do meaningful BIG work so that we can be at the heart of a fair and affordable energy future.

Your salary is reviewed each year against the market for your role, skills, knowledge and experience.

Incentive

Annual performance plan or bonus (depending on your role) rewards your contribution to our success each year.

Retirement

Generous pension plan with company contributions up to 12%.

Private medical insurance for self and family.