Benefits Analyst

National Grid; United Kingdom; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

National Grid Electricity Distribution (NGED) is seeking a Benefits Analyst to join our Field Operations PMO & Benefits team during a pivotal transformation. You will define, track and realise benefits across improvement initiatives and programmes, providing insight to governance forums and supporting decision-making.

This role offers a hybrid working pattern with options for office-based and home working. Ideal location would be Midlands or close to our East/West Midlands, South West or Wales

Qualifications

• Experience in benefits analysis, performance reporting or business analysis within a change, improvement or transformation environment.
• Strong analytical skills with the ability to interpret complex data and communicate clear recommendations.
• Knowledge of benefits realisation principles, business cases and value tracking methodologies.
• Experience working with financial data, forecasting, baselines and variance analysis.
• Strong stakeholder management skills, with the confidence to challenge assumptions and validate outcomes.
• Experience using data analysis and reporting tools such as Excel and Power BI.
• Excellent attention to detail and the ability to manage multiple priorities simultaneously.
• Strong written and verbal communication skills and a collaborative approach to working across teams.

Responsibilities

• Defining, tracking and analysing benefits across improvement initiatives and transformation programmes.
• Producing insightful reporting to support governance forums and senior stakeholder decision-making.
• Monitoring benefits performance, identifying risks, issues and variances, and supporting corrective action where required.
• Maintaining benefits profiles, tracking tools and supporting evidence to ensure robust governance and audit readiness.
• Working with project teams, operational stakeholders and Finance to validate assumptions, baselines and realised outcomes.
• Supporting regulatory evidence requirements and benefits assurance activities.
• Driving continuous improvement in benefits management tools, reporting and processes.

Skills

Benefits analysis

Performance reporting

Data analysis

Stakeholder management

Excel

Power BI

Tools

Excel

Power BI

Job description

Location Location to be agreed with the successful candidate

We're looking for a Benefits Analyst to join our newly formed Business Improvement team within Field Operations at a pivotal time for the business.

This role offers the chance to be at the heart of one of the most ambitious transformation programmes in the electricity distribution industry. As we continue to evolve how Field Operations delivers for our customers and communities, you'll play a key role in ensuring improvement initiatives and transformation programmes deliver measurable value and lasting outcomes.

Reporting to the Head of Field Ops PMO & Benefits, you'll join a high-performing, capability-led team responsible for driving and evidencing change across a diverse portfolio of work. From in-year improvement projects delivering significant financial benefits, to long-term transformation programmes focused on operational performance, customer outcomes and people impact, you'll have visibility across some of our most important business priorities.

Working closely with programme teams, operational leaders and Finance colleagues, you'll help shape how benefits are defined, tracked and realised, providing the insight and assurance needed to support effective decision-making and demonstrate value delivery.

This is a fantastic opportunity to develop expertise in benefits realisation, business improvement and transformation, while helping shape the future of Field Operations and supporting the delivery of our ED3 ambitions.

Because we know flexibility matters, this role offers a hybrid approach to working, combining home and office working. While we'd ideally like you to be based in the Midlands, we're open to candidates located near any of our offices across the East Midlands, West Midlands, South West or Wales.

Main Responsibilities

• Defining, tracking and analysing benefits across improvement initiatives and transformation programmes.
• Producing insightful reporting to support governance forums and senior stakeholder decision-making.
• Monitoring benefits performance, identifying risks, issues and variances, and supporting corrective action where required.
• Maintaining benefits profiles, tracking tools and supporting evidence to ensure robust governance and audit readiness.
• Working with project teams, operational stakeholders and Finance to validate assumptions, baselines and realised outcomes.
• Supporting regulatory evidence requirements and benefits assurance activities.
• Driving continuous improvement in benefits management tools, reporting and processes.

Ideal Candidate

We're looking for someone who enjoys turning data into meaningful insight and is passionate about helping organisations realise the value of change.

Experience within an operational environment, or an organisation undergoing significant transformation, would be particularly beneficial.

You'll also share our values by always striving to do the right thing, find a better way and make it happen.

You'll have:

• Experience in benefits analysis, performance reporting or business analysis within a change, improvement or transformation environment.
• Strong analytical skills with the ability to interpret complex data and communicate clear recommendations.
• Knowledge of benefits realisation principles, business cases and value tracking methodologies.
• Experience working with financial data, forecasting, baselines and variance analysis.
• Strong stakeholder management skills, with the confidence to challenge assumptions and validate outcomes.
• Experience using data analysis and reporting tools such as Excel and Power BI.
• Excellent attention to detail and the ability to manage multiple priorities simultaneously.
• Strong written and verbal communication skills and a collaborative approach to working across teams.

Experience within an operational environment, or an organisation undergoing significant transformation, would be particularly beneficial.

You'll also share our values by always striving to do the right thing, find a better way and make it happen #LI-HYBRID #LI-SC1

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.