Regulatory Economist Position with Competitive Salary

6 days ago

London, Greater London, United Kingdom Royal Mail Group Full time

Company Overview

Royal Mail Group is a leading provider of postal and delivery services in the UK, serving millions of customers every day.

We are committed to innovation, quality, and customer satisfaction, and we're seeking a talented Regulatory Economist to join our team.

Salary

The successful candidate will receive a competitive salary of £4,200 per annum, plus a car allowance or cash equivalent.

Job Description

We are seeking a skilled Regulatory Economist to provide data-driven analysis and build compelling evidence-based cases to support our business in a regulated environment.

In this role, you will:

  • Draft detailed responses to Ofcom consultations, advocating Royal Mail's position on regulatory reform.
  • Conduct market analysis and margin squeeze assessments to inform pricing strategies.
  • Support any arising investigations by providing accurate, thorough economic analysis.
  • Lead the USPA6 (margin squeeze test) submission process to Ofcom, ensuring accuracy, timeliness, and full stakeholder engagement.
  • Develop a deep understanding of mail market dynamics, enabling the business to assess competitive pressures and refine product strategies.
  • Effectively communicate economic and regulatory financial concepts to senior executives in a clear, non-technical manner.

Required Skills and Qualifications

To be successful in this role, you will need:

  • A minimum of a bachelor's degree in economics or a related field (postgraduate degree preferred).
  • Solid experience in regulatory or competition economics within the UK, ideally within a regulated industry or with a competition authority.
  • Experience with sector regulation is advantageous.
  • Exceptional numerical and analytical skills, with a proven ability to identify, interpret, and distill relevant financial data.
  • Strong written and verbal communication skills, able to present complex analysis to non-specialists.

Benefits

We offer a comprehensive benefits package, including:

  • A generous company pension scheme with highly competitive contribution rates.
  • A range of family-friendly support options, including enhanced maternity pay, paternity leave, adoption leave, and shared parental leave.
  • Discounts and offers on various products and services.
  • Supportive and generous company sick pay.
  • Access to our employee assistance program, providing 24/7 support for physical and mental health, financial well-being, and more.

Location

This role is based in London, with a requirement to attend our Farringdon office three days per week. We offer flexible working arrangements to accommodate business needs.

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