Economist
2 months ago
**Details**:
**Reference number**:
- 290469**Salary**:
- £30,950 - £46,157- London £33,400 - £46,157 National £30,950 - £43,649**Job grade**:
- Higher Executive Officer- Level 2a**Contract type**:
- Permanent**Business area**:
- OFGEM - Analysis and Assurance**Type of role**:
- Analytical
- Environment and Sustainability**Working pattern**:
- Full-time**Number of jobs available**:
- 1Contents
Location
About the job
**Benefits**:
Things you need to know
Location
- Cardiff, Glasgow, LondonAbout the job
**Job summary**:
Play a key role in the delivery of sustainable energy across the UK.
Ofgem works on behalf of energy consumers to ensure that every household and business in the UK can rely on a safe and environmentally sustainable energy supply. We are playing a vital part in accelerating the transition to Net Zero and a carbon neutral energy system - a goal that many want to achieve. You’ll be playing your part in focusing our efforts to develop cleaner forms of transport and heat.
With demonstrable qualifications or experience, you’ll be an analytical, strategic thinker with a firm understanding of economic regulation. You’ll have excellent, well-rounded communication skills and proven qualitative and quantitative analytical experience. Combined with a knowledge of the energy sector you’ll effectively build relationships with a range of internal and external stakeholders, see linkages between various areas of the organisation and efficiently review economic models.
**Job description**:
Purpose
The Economist role has opened up in the Analytical Quality (AQ) team within the Office for Research and Economics (ORE). The ORE supports and strengthens Ofgem's analysis, helps policies to be more consumer-focused and develops the analytical skills of our staff. The ORE is made up of three teams, including the Analytical Quality, Analytical Strategy and Development and Consumer and Behavioural Insights.
Key Responsibilities
- Carry out high quality analysis
- Draft reports or parts of reports
- Contribute to knowledge sharing, including showcasing our analytical skills, and developing links with economists inside and outside the organisation
- Participate in Ofgem’s economist recruitment activities
- Potentially manage external consultants
Key Outputs and Deliverables
- Provide advice on appraisal, impact assessments, and policy analysis and evaluation
- Undertake analysis of qualitative or quantitative data for the purposes of producing evidence for policy advice.
- Review economic models, challenge input data and assumptions and interpret output data
- Ensure that all assumptions are transparently presented with results and that key risks and sensitivities are assessed
- Contribute to producing both internal and external documents
- Facilitate effective internal and external stakeholder engagement, specifically presenting or communicating analysis in ways which non-economists can readily understand.
**Person specification**:
- ** A degree in Economics, or relevant experience in economics or quantitative analysis roles**:
- ** Excellent analytical skills, both quantitative and qualitative**:
- Knowledge and experience in econometrics or statistics
- Ability to simplify and analyse complex concepts and communicate them effectively both in written papers and oral presentations
- Experience of managing and working effectively with diverse sets of stakeholders
**Behaviours**:
We'll assess you against these behaviours during the selection process:
- Making Effective Decisions
- Communicating and Influencing
- Working Together
- Delivering at Pace
**Technical skills**:
We'll assess you against these technical skills during the selection process:
**Benefits**:
Things you need to know
**Selection process details**:
- This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.You will then be asked to provide a 1250 word ‘supporting statement’ evidencing how you meet the essential and desirable skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the essential and desirable skills and capabilities.
Feedback will only be provided if you attend an interview or assessment.**Security**:
- People working with government assets must complete baseline personnel security standard (opens in new window) checks.**Nationality requirements**:
This job is broadly open to the following groups:
- UK nationals
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the Republic of Ireland
- relevant EU, EEA, Swiss or Turkish nationals working in the Civil Service
- relevant EU, EEA, Swiss or Turkish nationals who have built up the right to work in the Civil Service
- certain family members of the relevant EU, EEA, Swiss or Turkish nationals
Further information on nationality requirements (opens in
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