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Take on a rare opportunity to shape the future of regulatory and competition economics at the heart of Britain’s transition to a fairer, greener energy system. Ofgem is looking for a Senior Economist to join our Office of Research and Economics, using your expertise to analyse and apply competition economics to shape a fair, innovative, and sustainable energy system.
We’re at the forefront of change across the energy sector, driving towards Net Zero while protecting energy consumers, especially those in vulnerable circumstances.
You will have the chance to take the lead on complex projects, assess and interpret evidence to support strategic decision-making, and provide expert guidance to colleagues across Ofgem.You’ll also help shape analytical best practice and champion innovative approaches to competition analysis, making a real impact on our industry and competition within the market as a whole.
We’re looking for candidates with experience in the economic analysis of markets, particularly those who have contributed to or led economic analysis of markets. You should have a strong track record of managing and delivering robust economic analysis, interpreting complex evidence, and influencing regulatory or policy outcomes. A background in economics is expected, but your practical experience, strategic insight, and ability to drive impact will be key.
You’ll be part of a vibrant, inclusive analytical profession that supports your development and gives you the flexibility to work across a wide range of impactful projects. We offer a culture where collaboration and diverse perspectives are valued, and where you’ll have access to professional development opportunities, as well as hybrid working and a comprehensive benefits package.
We have multiple Senior Economist opportunities available across various specialisms, and this is a fantastic opportunity to lead and contribute to cross-cutting regulatory projects focusing on competition economics. You will work as part of Ofgem’s strong economic community, advising on policy interventions, supporting enforcement cases, and influencing outcomes that have a national impact.
We have a critical purpose to drive strategic improvements across our regulatory and operational functions. Undertake robust quantitative and qualitative analysis informing sound advice on key policy decisions.
Ensure robust project management and quality assurance processes are in place to deliver high-quality and timely behavioural science and research outputs.
Ensure effective project planning and timely delivery of outputs.
Application of 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.
Responsible for planning and managing the delivery of the economic analysis on projects or workstreams. Provide a detailed specification of the economic analysis to be undertaken and agree timetables for delivery. and ensure 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.
Ensure that the economic analysis is delivered to a high standard. identify economic risks and propose mitigations for them. 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 to help increase our reputation as a leader in the field.
Practical work experience in the economic analysis of markets or quantitative economics, preferably with some direct exposure to competition assessment (LEAD)
Experience of the design, development, management and timely delivery of economic analysis.
Ability to distil complex subject matter into relevant messages for different audiences – both orally and in writing, combined with excellent drafting skills.
Sector knowledge: a sound understanding of the principles of economic regulation, supported by understanding of the commercial and regulatory frameworks governing the operation of electricity and gas markets.
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.
Employment type Full-time
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