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Power and utilities regulatory strategy - director

London
Pwc
Strategy director
Posted: 19 January
Offer description

The role

We work as a core part of the firm’s Strategy& value creation practice. Our team combines excellent strategic understanding, strong technical skills, deep sector insights, and exceptional client management. We use the practical application of economics to develop real-world solutions to important problems - aligned to thpurpose and mission of PwC. We work on stand-alone projects and in collaboration with our colleagues across a range of disciplines and sectors, meaning we offer a huge variety of opportunities for our people to apply their expertise in a range of exciting and different contexts. For example, in the last twelve months our team has:

1. Assisted Ofwat to protect water consumers, as the regulator’s PR24 Price Review delivery partner, examining and assessing a £bn investment program for the current AMP8 period;

2. Supported several energy networks to ensure they receive adequate funding from the regulator to deliver the continued safe and secure provision of electricity and gas to consumers;

3. Led work for a large energy network to develop its regulatory strategy for the next 10 years;

4. Assisted an energy system planner in ensuring its strategic planning frameworks and analytical methodologies aligned with best practice;

5. Supported a large utility company in ensuring its delivery plan fully accounted for the key value levers of its regulatory regime;

6. Led work for an energy retailer to assess the impacts of energy policies on customer charges.

Who we are looking for

We are looking for candidates with a strong background of professional experience, gained in an economic regulator, regulated company or in a consultancy. The successful applicants will need to demonstrate an ability to apply strategic thinking to support organisations with their business planning, policy development and regulatory strategy. You would ideally also possess a Masters degree or equivalent professional experience.

Whilst the successful candidate will work across a range of sectors, we would be especially interested in candidates with experience in one or more of the following industries: gas and electricity networks; energy retail; renewables; and water.

What your days will look like:

7. Leading key business development activity to deliver £1.5m revenue target.

8. Leading projects in the energy and regulated utility strategy space;

9. Managing and coaching our team of Senior Managers;

10. Contributing to Practice Development activities, including participating in the Power & Utilities Economics and Regulation team and the wider Economics Leadership team.

11. Providing expert advice and assistance on energy matters in large consultancy assignments;

12. Reviewing team work in line with PwC standards to ensure quality delivery for clients.

This role is for you if:

13. Experience in developing regulatory strategy and running regulatory negotiations

14. End-to-end understanding of the price review cycle

15. Designed and implementation of regulatory mechanisms

16. Regulatory reporting and assurance

17. Policy development and implementation

18. Regulatory due diligence

What you’ll receive from us:

No matter where you may be in your career or personal life, our benefits are designed to add value and support, recognising and rewarding you fairly for your contributions. We offer a range of benefits including empowered flexibility and a working week split between office, home and client site; private medical cover and 24/7 access to a qualified virtual GP; six volunteering days a year and much more.

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