Regulatory Manager

**Who are we?**
Thames Water is the UK’s largest water and wastewater company. We make a daily difference to our 15 million customers by supplying 2.6 billion litres of water through 32,000 km of pipes_,_ keeping taps flowing and toilets flushing.
At Thames Water, every one of our actions, big and small, matters every day. Water is essential to life, so our business is always open.
**What is the purpose of the role?**
We are currently seeking two **Regulatory managers**to operate as a key player in the economic regulation team, providing high quality economic regulatory advice and analysis (including pricing and tariff matters) to senior management (executive/board).This role works across the business to protect and enhance the long-term interests of Thames Water.
**What makes this role unique?**
Working in a small team, this stimulating role is hugely influential in terms of how we develop as a business and support our customers.
With the changes in utility regulation in general and with PR24 now in progress you will be getting involved at a very exciting time and will play a key role in our PR24 and business development success.
**What will this role involve?**
You will -- Provide high quality specialist economic and regulatory advice and analysis on a wide range of economic regulatory issues (including pricing and tariff matters), using detailed quantitative and econometric analysis
- Provide a source of economic expertise to assist the business in analysis of areas of complexity to ensure the business makes business decisions based on robust quantitative analysis of the issues
- Communicate key findings from complex analysis to a wide range of audiences including senior managers and executive team in a manner suitable for the audience
- Draft and manage responses to Ofwat consultations on economic and regulatory issues and engage actively across the industry on regulatory issues
- Provide particular economic expertise either in areas of TOTEX efficiency modelling, interpretation of willingness-to-pay data and development of outcome delivery incentives or pricing and tariff matters
- Provide expert economic and quantitative advice and analysis on a range of issues to support the annual business planning cycle and to develop strategy and tactics for the quinquennial review of price controls

**What skills are required for this role?**:

- Have a thorough **understanding of regulatory and pricing issues**:

- Be a passionate individual with **strong commercial awareness and mindset**, with the ability to make logical and well thought out decisions
- Have **excellent IT and first-class communication and presentational skills** - including the ability to communicate complex regulatory issues to non-specialists
- Be a **highly organised and analytical** individual with a strategic/project management background within a similar business
- Experience in **Market and behavioural economics** is highly desired

**What’s in it for you?**
We’re proud of the positive ways of working we’ve adopted during the pandemic, creating a more flexible and dynamic environment so all our colleagues can thrive**.**?For our office-based roles we’re moving to a hybrid approach with various optionsacross working from home, office and our sites.
Our competitive salary and package include a bonus, car allowance, private healthcare, an excellent contributory pension and 26 days holiday per year increasing to 30 with length of service.
Thames Water is a dynamic,?rewarding?and diverse place to work, with opportunities around every corner.If you join our team, you’ll enjoy a fulfilling career, flexible working?arrangements?and a wider benefits scheme including our benefits hub, which is packedfull of offers and information to save you money and support your wellbeing.
Find out more about?working at Thames Water.
We deliver life's essential service so our customers, communities and the environment can thrive. This means, that when a crisis happens, we all rally around to support our customers. As part of your role, you’ll be required to participate in a rota to provideCustomer Incident Support, as requested by the Company from time to time. This may be by supporting our customers on the frontline as an Ambassador or being part of the team managing the incident as a Control Tower Lead. This is incredibly rewarding, and you’llbe given full training - it’s also a great opportunity to learn more about our business and meet colleagues.