Successful candidates may be based in any of our office locations – Cardiff, Glasgow or London. We especially welcome applicants from Cardiff and Glasgow.
Overview
At the forefront of the fight to ensure Britain’s energy markets remain competitive, fair and fit for a Net Zero future, Ofgem is shaping the economic frameworks that protect consumers and drive innovation. We’re looking for a Senior Economist to join us and apply advanced competition economics to high‑profile market assessments, enforcement activity and strategic regulatory design. Ofgem is Great Britain’s independent energy regulator, and we’re at the forefront of change across the energy sector, driving toward Net Zero whilst protecting energy consumers, especially vulnerable people. We’re offering a permanent opportunity within our Strategy, Economics, Research and Net Zero Directorate, joining a respected and growing economics community at the heart of regulatory decision‑making.
You’ll work on complex, high‑impact projects that shape market frameworks and influence how competition operates across the energy sector. As part of our Analysis Profession, you will also have the opportunity to contribute across directorates, supporting cross‑organisation priorities and broadening your impact. This is a role where your expertise will directly inform major policy and enforcement decisions, embedding rigorous economic thinking into our strategic direction. You’ll help shape market studies and competition cases, contribute to analytical best practice and strengthen our reputation as a leader in regulatory economics. Working collaboratively with policy, legal and other technical experts, you’ll ensure that economic analysis sits at the centre of robust, evidence‑based regulation.
Key Responsibilities
* Undertake robust quantitative and qualitative analysis informing sound advice on key policy decisions.
* Assess the reliability of evidence, including that gathered by more junior team members, and give objective advice.
* Provide clear and concise drafting for external and internal audiences, including contributions to briefings, internal decision documents and consultations.
* Ensure robust project management and quality assurance processes are in place to deliver high‑quality and timely analysis.
* Ensure effective project planning and timely delivery of outputs.
* Build constructive relationships with internal and external stakeholders.
* Work collaboratively across the team and with other directorates.
Key Outputs and Deliverables
* Apply technical expertise in competition economics to carry out market studies, competition enforcement cases and provide robust recommendations.
* Provision of expertise to individuals and projects to ensure that competition economics considerations are applied appropriately and effectively, providing guidance and support staff to consider new and innovative methods.
* Plan and manage the delivery of economic analysis on projects or workstreams, providing a detailed specification of the economic analysis to be undertaken and agreeing timetables for delivery.
* Monitor progress and review the work plan, ensuring that the economic analysis is delivered on time.
* Embed economic analysis in Ofgem’s policy and decision‑making processes, working effectively with other analytical and policy functions.
* Critically assess and interpret the evidence available and the weight that can be attached to it; identify economic risks and propose mitigations.
* Present the analysis clearly and accurately both orally and in writing.
* Work in close partnership with the other technical experts to ensure a coherent work programme that supports delivery of stronger analytical best practice, standards and building of expertise.
* Represent Ofgem at external events, conferences etc to showcase Ofgem’s work in this area and help shape the debate on regulatory economics, thereby increasing our reputation as a leader in the field.
* Contribute to other strategic and reactive work undertaken by the team as it arises.
Essential Criteria
* Lead Criteria – Experience: Practical work experience in the economic analysis of markets, preferably with some direct exposure to competition assessment.
* Lead Criteria – Analytical skills: Experience of the design, development, management and timely delivery of economic analysis.
* Evidence synthesis and communication: Ability to distil complex subject matter into relevant messages for different audiences – both orally and in writing, combined with excellent drafting skills.
* Stakeholder engagement: Skilled at developing strategic relationships and working collaboratively across a range of internal and external stakeholders at all levels.
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