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Economic Analyst

2 months ago

Newcastle upon Tyne, Newcastle upon Tyne, United Kingdom Northern Powergrid Full time
Job Title: Economic Analyst

We are seeking a highly skilled Economic Analyst to join our team at Northern Powergrid. As an Economic Analyst, you will play a key role in interpreting data, performing economic research, and analyzing trends to inform business decisions and policy recommendations within the energy sector.

Key Responsibilities:
  • Develop and maintain methodologies for carrying out quantitative and economic assessments of the energy sector.
  • Support economists and the wider team in identifying and defining policy priorities and relevant supporting analysis.
  • Undertake economic modeling analysis and research and evidence gathering.
  • Manage the sourcing, organizing, and processing of cost and market data to carry out specific analysis across our regulated and unregulated markets.
  • Monitor and report on the state/health of the sector based on financial/sectoral data trend analysis.
  • Interact with economists/strategists across internal and external teams to maintain a joined-up view of regulated and unregulated energy markets.
Requirements:
  • Qualified to degree level in Economics, Mathematics, or related subjects.
  • 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.
  • Ability to clearly and concisely communicate complex concepts/subject matter – both orally and in writing – to influence key decision-makers.
  • 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:
  • Competitive salary up to £50,000.
  • Enrolment into our pension scheme.
  • 25 days holiday plus bank holidays.
  • Agile working including flexible working hours.
  • 15% Annual Bonus.