Asset Investment Planning Manager

National Grid; United Kingdom; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading energy utility provider in the United Kingdom is seeking an Asset Investment Planning Manager to optimize investment strategies and manage a small team. This pivotal role focuses on aligning investment choices with business objectives and regulatory requirements, while considering factors like asset health and criticality. Ideal candidates will have a degree in Engineering or relevant fields and expertise in investment planning for complex portfolios. The position offers a flexible hybrid working model, competitive salary, and excellent benefits.

Benefits

Competitive salary

Bonus tied to performance

28 days annual leave plus 8 bank holidays

Contributory pension scheme

Life insurance 4 × annual salary

Contributory healthcare for you and your family

Employee Assistance Programme

Free on‑site parking

Qualifications

• Educated to degree level in a relevant discipline such as Engineering, Business Economics, or Finance.
• Professional membership of a relevant body (e.g., IAM or ICE) preferred.
• Expertise in investment planning for complex portfolios.

Responsibilities

• Develop multi‑year and annual asset investment plans based on asset condition.
• Create decision‑making frameworks for operational teams.
• Collaborate to drive IT and digital enhancements.

Skills

Investment planning

Stakeholder management

Analytical skills

IT skills

Education

Degree in Engineering, Business Economics, or Finance

Tools

Electric Office

CROWN

ODI

E5

Job description

An exciting new opportunity is available for an Asset Investment Planning Manager to join the Asset Management team at National Grid Electricity Distribution (NGED). This newly created role is pivotal in delivering optimised decision‑making for asset investments. Reporting to the Senior Asset Programme Manager, you will lead the centralisation of investment decisions, ensuring alignment with business objectives and regulatory requirements. Your work will drive efficiencies and improved outcomes through holistic decision‑making across a diverse portfolio of investments—ensuring NGED makes the right choices for our network and customers. You will lead a small team to translate business plans, regulatory commitments, and long‑term strategies into tactical delivery plans for Field Operations. These plans will ensure NGED effectively manages network risk associated with asset condition and criticality. In addition, you will maintain a central view of asset investment drivers, enabling better long‑term, coordinated whole‑system decisions. This will involve identifying synergies between condition‑based asset replacement and refurbishment, load‑based reinforcement, connections, business commitments, and reopeners. You’ll consider a range of metrics, including asset health and criticality, Network Asset Risk (NARM), whole‑life cost, customer interruptions and faults, as well as deliverability, resourcing constraints, and procurement opportunities. This role is ideally based in Bristol, Stoke, or Exeter, but can be located anywhere within our licence areas: East Midlands, West Midlands, South West, and South Wales. We also offer hybrid working, with approximately two days per week in the office.

About Us

We’re National Grid Electricity Distribution (NGED), the owner and operator behind the electricity distribution systems for the Midlands, the Southwest of England and South Wales. Serving communities of more than 8 million people, our expert teams deliver heat, light and power for homes and businesses. National Grid employs over 29,000 people worldwide. We are building an inclusive workplace, a place to actively celebrate the cultures, personalities and preferences of our colleagues – who in turn help to build the success of our business and reflect the diversity of the communities we serve. Our vision is to be at the heart of a clean, fair and affordable energy future and we are doing this in a fast‑moving industry with an increasing focus on tackling climate change, exploring new energy sources that are renewable, low‑carbon, and improve efficiency to meet demand.

Main Responsibilities

• Develop multi‑year and annual asset investment plans based on asset condition, aligned with long‑term strategy, policy, and regulatory commitments.
• Overlay of load and non‑load network drivers to identify synergies and whole system opportunities at a strategic level, to deliver network health benefits, financial efficiencies and reduced outages.
• Create decision‑making frameworks to support operational teams in making asset‑specific investment decisions.
• Understand deliverability constraints and test planning assumptions – such as unit costs – against actual delivery, ensuring a robust feedback loop from delivery teams into the planning cycle.
• Collaborate with the Digital team to drive IT and digital enhancements for the team, ensuring the team is significantly supported by IT infrastructure and investment planning tools.
• Drive improvement initiatives and embed a continuous improvement mindset within your team.

The Ideal Candidate

• Educated to degree level in a relevant discipline such as Engineering, Business Economics, or Finance, or equivalent experience.
• Professional membership of a relevant body (e.g., IAM or ICE) with a commitment to continuing professional development.
• Expertise in investment planning for highly complex portfolios and programmes, with a strong understanding of the benefits, risks and strategic implications of the decisions.
• Proven experience in portfolio optimisation across multiple drivers, considering a multitude of business needs.
• Working knowledge of the relevant tools and digital platforms for investment decision making and optimisation.
• Industry knowledge in electricity distribution is ideal; experience in similar industries will be considered.
• Strong analytical skills with the ability to apply them to complex, multidisciplinary programmes.
• Understanding of the RIIO regulatory price control processes and relevant funding mechanisms.
• Advanced stakeholder management skills, collaborating successfully and able to understand and balance the needs of different stakeholders.
• Excellent IT skills are essential; experience with NGED internal systems (e.g. Electric Office, CROWN, ODI and E5) is desirable.
• Proven people management experience including team development and succession planning.
• Experience in asset management, particularly asset strategy, asset planning is highly desirable.
• Preferably, experience working in new or transforming teams, or leading on business change initiatives and projects.

About the Company

• Reward hard work and encourage ambition.
• Competitive salary, and a bonus tied to performance.
• 28 days annual leave plus 8 bank holidays.
• Competitive contributory pension scheme (we double match up to 12%).
• Annual Share Save plan.
• Life insurance 4 × annual salary.
• Contributory healthcare for you and your family.
• Employee Assistance Programme, including musculoskeletal and physiotherapy services.
• Free on‑site parking at all our main sites.

Equal Opportunities & Diversity

We are an equal opportunities employer committed to diversity, equity and inclusion. We anonymise all applications to eliminate unconscious bias. Hiring managers only have access to necessary information at the interview stage. If you require additional support to complete your online application, please email [e-mail].

Visa / Sponsorship

National Grid is unable to offer sponsorship for the UK points‑based immigration system. Applicants must have the legal right to work in the UK without sponsorship. In exceptional circumstances, National Grid may consider offering sponsorship.

Recruitment Notice

Recruitment correspondence is usually sent by email; please check your email account, including spam/junk folders, regularly after the closing date. We reserve the right to close the vacancy early should sufficient numbers of suitable applications be received.

Contact Details: National Grid
Tel: [phone]
Contact: Stacey Carrington (WP)
Email: