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Economic Analyst

2 months ago

Newcastle upon Tyne, Newcastle upon Tyne, United Kingdom Northern Powergrid Full time £60,000

Job Summary

We are seeking a highly skilled Economic Analyst to join our team at Northern Powergrid. As a key member of our Economic Analysis Directorate, you will play a critical role in conducting strategic economic analysis and research within the energy sector.

About the Role

The successful candidate will be responsible for:

  • Leading and overseeing end-to-end issue assessment from identification to solution agreement, and via written argumentation.
  • Developing and maintaining company methodologies for carrying out quantitative and economic assessments of the energy sector.
  • Supporting Senior Economists and the wider team in identifying and defining policy priorities and relevant supporting analysis.
  • Managing the sourcing, organizing, and processing of cost and market data to carry out specific analysis across regulated and unregulated markets.
  • Monitoring and reporting on the state/health of the sector, based on financial/sectoral data trend analysis.

Key Responsibilities

The successful candidate will have:

  • Experience of managing solutions that involve complex problem-solving and/or critical thinking in the context of economic regulation and/or price reviews.
  • Understanding of UK economic regulation, price reviews, and regulatory frameworks in the energy sector.
  • The ability to clearly and concisely communicate complex concepts/subject matter – both orally and in writing – to influence key decision-makers.
  • Great interpersonal skills, having the ability to forge strong relationships with key internal and external stakeholders.
  • The ability to proactively prioritize, plan, and deliver complex subject matters that require critical risk and opportunity assessment.

Requirements

The ideal candidate will have:

  • Qualified to degree level (or equivalent) in Economics, Mathematics, or related subjects.
  • Experience of preparing or evaluating business plans of regulated companies, including in relation to cost allowances, performance targets, incentives, and/or regulatory finance issues.
  • Experience in dealing with complex economics projects/analytical models in consulting, industry, or government.
  • Previous experience working with or alongside a Distribution Network Operator.

What We Offer

We offer a competitive salary, great benefits, and a dynamic work environment. If you are a motivated and experienced Economic Analyst looking for a new challenge, please submit your application.