Consultant or Senior Consultant

4 days ago

London, United Kingdom Baringa Partners LLP Full time
Consultant or Senior Consultant - Regulatory Economics

About Baringa:
We set out to build the world’s most trusted consulting firm – creating lasting impact for clients and pioneering a positive, people-first way of working. We work with everyone from FTSE 100 names to bright new start-ups, in every sector.

You’ll find us collaborating shoulder-to-shoulder with our clients, from the big picture right down to the detail: helping them define their strategy, deliver complex change, spot the right commercial opportunities, manage risk, or bring their purpose and sustainability goals to life. Our clients love how we get to know what makes their organisations tick – slotting seamlessly into their teams and being proudly geeky about solving their challenges.

As a Certified B Corporation, we've proven that we've built social and environmental good into every bit of what we do.

We have hubs in Europe, the US, Asia and Australia, and we work all around the world - from a wind farm in Wyoming to a boardroom in Berlin. Find us wherever there's a challenge to be tackled and an impact to be made.

Our Policy, Regulation and Economics practice are looking for an experienced Consultant or Senior Consultant to join the team to specialise in regulatory economics.

Our practice in the UK offers our global clients an unparalleled combination of energy and resources sector experience, policy and regulatory know-how, economic expertise, and commercial insight. We are proud to work with the foremost policymakers, regulators, investors, developers, lenders, and companies operating globally across the energy and resources sector. Led by a senior management team respected as thought leaders within the industry, we help our clients shape, define, and implement change in the energy and resources sector.

We advise the organisations at the heart of the energy transition, providing economic, commercial, and strategic consulting to energy and water companies, financial institutions, governments, and regulators. Within this practice, our regulatory work is growing in scale and scope. We advise leading energy and water utilities in their price control submissions and regulatory interactions. We support Government and regulators in developing and implementing new regulatory policy and frameworks. We are at the forefront of new regulatory mechanisms in Great Britain, Ireland and increasingly global regulation. Our primary focus is energy and water but we are increasingly expanding into transport and telecoms amongst other areas.

What you will be doing
Examples of the types of projects you can expect to work on:

  • Providing strategic advice to senior leaders in energy networks and water companies.
  • Advising Governments on new regulatory and policy mechanisms, such as for offshore electricity transmission, hydrogen and interconnectors.
  • Explaining the pros and cons of transmission network access reform to clients, including moving to bespoke firm-access regimes to incentivise new renewables.
  • Supporting the development of Carbon Capture, Utilisation and Storage (CCUS) regulatory and commercial models.
  • Advising market bodies, governments, and market participants on the different means, and associated costs and benefits, by which to better integrate consumer energy resources into the power system, including the introduction of distribution network-level markets and distribution network tariff reform.
  • Assisting with the setting of regulated retail tariffs, and the potential implications (intended and unintended) of setting these too high or too low.
  • Supporting regulated utilities (water and energy networks) and regulators on regulatory programmes, including consultations, price controls, investigations and wider reform.

Your skills and experience

  • You will be enthusiastic about regulatory economics and applying to a broad range of clients and projects in a fast-paced environment.
  • You will typically have 2 – 6 years of relevant experience working in industry and/or consulting. Industry experience includes working for standalone generation or retail businesses, energy network businesses, water companies and/or industry bodies.
  • You will likely have some experience advising on economic regulation, for example for water, energy or transport networks.
  • You will have a mixture of quantitative skills (eg excel modelling) and qualitative skills (eg report writing).
  • You have proven experience managing stakeholders.
  • You may have policy and/or regulation experience in at least one of the following areas: wholesale markets, retail markets, transmission networks, distribution networks, water companies, or utility regulation more broadly.
  • You have qualitative and quantitative research and analytical skills, including comfortable analysing large amounts of information to solve problems and deliver well-informed advice to our clients.
  • You are personable and professional, with excellent communication and presentation skills, and you are comfortable explaining complex technical concepts to a non-technical audience.
  • You are a collaborator and an effective team player.
  • Professionals with tertiary qualifications in economics, policy, finance, engineering, or science are encouraged to apply.

What a career at Baringa will give you
Putting People First.
Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include:

  • Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5 weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service.
  • Flexible Working: We know that the ‘ideal’ work-life balance will vary from person to person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave.
  • Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us.
  • Wellbeing Fund: We want to encourage all employees to take charge and prioritise their own wellbeing. We’ve introduced our annual People Fund to support this by offering every individual a fund to support and manage their wellbeing through an activity of their choice.
  • Career Progression: No one develops at the same pace. That’s why we have quarterly rather than annual promotion reviews. We don’t have any quotas: if you’re ready and delivering at the right level, you’ll get that promotion.
  • Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company’s success.

Diversity and Inclusion.
We are proud to be an Equal Opportunity Employer. We believe that creating an environment where everyone feels a sense of belonging is central to our culture and that diversity is paramount to driving creativity, innovation, and value for our clients and for our people.

An award-winning workplace.
You can be a part of our ‘Great Place to Work’ – with our commitment to women and well-being in the workplace for all.

Using business as a force for good.
At Baringa we believe that everyone creates a lasting impact when you put people - customers, employees, investors, suppliers, and society – first.

Join us
All applications will receive consideration for employment without regard to race, ethnicity, religion, gender, gender identity or expression, sexual orientation, nationality, disability, age, faith or social background. We do not filter applications by university background and encourage those who have taken alternative educational and career paths to apply. We would like to actively encourage applications from those who identify with less represented and minority groups. We operate an inclusive recruitment process, ensuring reasonable adjustments where needed. Please contact a member of our Recruitment Team to discuss further.

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