Senior Economic Modeller

5 months ago


London, United Kingdom OFGEM Full time

**Details**:
**Reference number**:

- 340582**Salary**:

- £43,650 - £59,999- London £46,250-£59,999 National £43,650-£55,999. Please ensure that you read the Pay and Reward information for civil service and internal colleagues before applying.- A Civil Service Pension with an average employer contribution of 27%**Job grade**:

- Grade 7- Level 2b**Contract type**:

- Permanent**Business area**:

- SERN**Type of role**:

- Analytical
- Economist
- Environment and Sustainability**Working pattern**:

- Flexible working, 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**:
Ofgem is dedicated to ensuring an affordable, sustainable energy supply for all UK households and businesses, key to the Net Zero transition and beneficial for consumers and the environment. Our commitment to inclusion, diversity, and innovation empowers employees and improves our representation of the communities we serve.

We're in the process of significantly enhancing our energy system modelling capabilities within the Office of Research and Economics. This exciting development within Ofgem's Analysis profession involves integrating a sophisticated energy system model into our operations and recruiting economic modellers. In this newly created role, you'll collaborate in establishing this new capability, engaging in both energy system modelling and economic analysis. Tailored training will be provided based on the specifics of the model procured, ensuring you're fully equipped to make a meaningful impact.

You will collaborate with the wider team to establish Ofgem’s energy system modelling capability, from procurement to integration, and undertake modelling to inform key decisions and support the energy transition. Your work will involve providing analytical advice across the organisation, ensuring high standards of analysis, and collaborating with other teams to align work programmes with analytical best practices.

The role requires a background in conducting complex modelling and analysis and you should demonstrate an ability to communicate complex ideas effectively. You will also possess an good grasp of project management principles, showcasing an aptitude for proactively organising, prioritising, and managing a diverse array of tasks and projects with finesse.

Join us at Ofgem and be instrumental in shaping the UK's energy landscape in an organisation that values diversity, professional growth, and environmental stewardship.

**Job description**:
The Office of Research and Economics at Ofgem is looking to expand our energy system modelling capability. Over the coming months this will involve procuring an existing energy system model and bringing it in-house, alongside recruiting energy system modelling professionals and more general modelling professionals without energy system modelling experience. If successful, you will be involved in building this modelling capability within Ofgem, undertaking energy system modelling, as well as more generic economic analysis, as required. For this role, no energy system modelling specific experience is necessary: depending on the energy system model procured and your level of experience, there will be an opportunity for model-specific training. You will be joining Ofgem’s strong economics community working collaboratively with others to lead as well as contribute to high profile projects using your modelling expertise.

Within these roles you will be part of the Analysis profession within Ofgem to support in your career aspirations. After the initial deployment, you will have the opportunity to work flexibly across Ofgem as a member of your Profession, working on cross-Ofgem projects, and/or in teams that require your skills and expertise.

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 behavioural science and research outputs,
- Ensure effective project planning and timely delivery of outputs,
- Constructive working relationships established with internal and external stakeholders
- Work collaboratively across teams.

Key Outputs and Deliverables

As part of a team, help build Ofgem’s energy system modelling capability including assisting with procuring, and bringing in-house, an energy system model.
- Where applicable upskill with respect to an energy system modelling specific skillset.
- Undertaking high quality energy system modelling to answer important questions for Ofgem and the energ



  • London, Greater London, United Kingdom undisclosed Full time

    About the Role:We are seeking a highly skilled Senior Research Scientist, Economic Modelling to join our team in Europe. This is an exciting opportunity for a self-motivated individual with a passion for innovative methods in economic modelling and evidence synthesis.Key Responsibilities:Develop and oversee model parameterization using relevant...


  • London, Greater London, United Kingdom TechNET IT Recruitment Ltd Full time

    About the RoleAs a seasoned economist with public sector experience, you will lead economic modelling and benefit evaluations on digital transformation projects, collaborating across departments to produce robust business cases that drive key funding and decision-making efforts.Develop Economic Cases: Lead the creation of comprehensive economic cases that...


  • London, Greater London, United Kingdom HEOR Full time

    We are seeking a senior health economist to lead our health economics modelling team. The successful candidate will be responsible for managing HE projects, including conceptualization, building, validation, and reporting of economic models. Our modelling team spans the breadth of the drug development landscape, working on projects such as early models,...

  • Economic Modeler

    1 week ago


    London, Greater London, United Kingdom HFG Full time

    Job OverviewWe are seeking a highly skilled Actuary to join our Economic Modeling team. As an Actuary, you will be responsible for developing and maintaining complex economic models to support regulatory and business decisions.Key Responsibilities:Develop and refine economic models to accurately capture market dynamics and regulatory requirements.Collaborate...


  • London, Greater London, United Kingdom Costello Medical Full time

    About the JobThe Economic Modelling Professional will play a key role in developing economic models to inform decisions on the efficient allocation of resources available to healthcare providers and communicate these insights to a variety of stakeholders.This involves quantitative assessments of the impact of healthcare treatments, practices, and policies...


  • London, United Kingdom OFGEM Full time

    **Details**: **Reference number**: - 340223**Salary**: - £56,000 - £82,820- London £60,000-£82,820 National £56,000-£76,962. Please ensure that you read the Pay and Reward information for civil service and internal colleagues before applying.- A Civil Service Pension with an average employer contribution of 27%**Job grade**: - Grade 6- Level...


  • London, United Kingdom Imperial College London Full time

    The successful candidate will be based within the Economics & Public Policy Department and Centre for Health Economics & Policy Innovation at Imperial College Business School. They will work on the world’s first initiative to integrate the epidemiological and economic modelling of pandemic preparedness. The initiative will use pioneering techniques to...


  • London, Greater London, United Kingdom HEOR Full time

    We are a specialist health economics company that offers a range of services, including health economic modeling, data analysis, and strategic consulting. Our team of experts works closely with clients to deliver tailored solutions that meet their unique needs.Job DescriptionIn this role, you will be responsible for developing and delivering economic models...


  • London, Greater London, United Kingdom KPMG Full time

    About the RoleAs a Senior Economic Consultant at KPMG, you will be working on high-profile projects in the water and energy network sectors. Your focus will be on robust economic analysis – particularly related to cost and performance.Our clients seek expert advice relating to cost and performance benchmarking. This involves applying structured strategic...


  • London, Greater London, United Kingdom William Scott Associates Full time

    OverviewWe are seeking a skilled Macroeconomic Expert to support our client's audit team by delivering high-quality macroeconomic analysis. This involves assessing and developing economic scenarios for IFRS9 purposes, as well as stress testing regulatory exercises using macroeconomic and econometric models.ResponsibilitiesDeveloping economic scenarios for...


  • London, Greater London, United Kingdom GHD Full time

    Senior Economic Development ProfessionalWe are seeking an experienced Senior Economic Development Professional to lead our economics projects across EMEA, providing expert advice to clients and delivering high-profile economics and business case projects in the UK and the Middle East.ResponsibilitiesLead economics projects as Project Manager, managing...

  • Lead Statistician

    7 months ago


    London, United Kingdom Thermo Fisher Scientific Full time

    Evidera is a global research consulting group that partners with life sciences organizations worldwide to develop, capture, and communicate the clinical and economic evidence required to substantiate the value of their products and optimize their products’ market access and commercial success. Our research and consulting services are driven by world-class...


  • London, Greater London, United Kingdom AxiaMetrics Full time

    Job DescriptionAxiaMetrics is seeking a highly skilled Senior Pricing Analyst - Energy - London (Hybrid - Flexible) to join their dynamic team. As a key member of the Energy Economics team, you will be responsible for delivering exceptional results in pricing, forecasting, energy risk management, and performance management.This role requires a deep...


  • London, Greater London, United Kingdom https:railbusinessdaily.comsitemap Full time

    Job Title: Senior Transport Modelling LeadWe are seeking a highly experienced and skilled Senior Transport Modelling Lead to join our Economic and Commercial Analysis team. As a key member of the team, you will be responsible for developing and maintaining transport models to assess the impact of passenger demand, revenues, and benefits on Europe's largest...


  • London, Greater London, United Kingdom Symmetron Full time

    Symmetron, a leading health economics and outcomes research company, is seeking an exceptional Health Economics Manager to join our team. With over 15 years of business activity in the sector, we provide solutions for major pharmaceutical companies and medical device manufacturers worldwide.We are committed to the personal development of our employees and...


  • London, Greater London, United Kingdom Michael Page UK Full time

    I am recruiting an Economist to lead long-term cashflow projections and economic modelling for an oil and gas business based in London.Develop comprehensive cashflow projections based on the latest Business PlanCreate new economic models to reflect the fiscal and commercial terms of assets and concessionsCoordinate the company's database of new business...


  • London, Greater London, United Kingdom BRITISH MEDICAL ASSOCIATION Full time

    We are seeking a highly skilled Senior Economic Policy Advisor to lead our economic analysis team. This is a challenging role that requires expertise in economic policy, research, and analysis. The ideal candidate will have a strong understanding of fiscal policy and the ability to cost policy proposals.The successful candidate will be responsible for...


  • London, Greater London, United Kingdom AIG Full time

    We are seeking a highly skilled Global Economic Capital Modeller to take on a lead expert role in our team. This is an exciting opportunity to work on the development of a new capital model for a large multinational insurer, driving innovation and advancing industry practice.About the RoleThe successful candidate will be responsible for leading the design,...


  • London, Greater London, United Kingdom Amazon Full time

    At Amazon, we're seeking a Senior Economic Strategist to contribute to our finance and business decisions. This role involves working on challenging problems with potential for significant impact on our global product assortment. You'll develop econometric models and experiments to measure the customer and financial impact of our products.Key...


  • London, Greater London, United Kingdom Economic Change Unit Full time

    We are seeking a highly effective political strategist and operator to join our Senior Management Team at the Economic Change Unit.As a key member of our team, you will represent us externally, manage staff, and contribute to organisational effectiveness and impact.You will be responsible for devising and delivering highly strategic and adaptable...