About the job

Summary

Play a leading role in creating energy solutions that are great for customers and the environment.

Ofgem exists to ensure a safe, sustainable and affordable energy supply to the households and businesses of Great Britain. As the industry regulator we promote the highest standards of customer care and work with industry participants to be assured that our energy system and supporting infrastructure is safe, resilient and sustainable.

As Chief Economics Advisor, you will lead our Economics and Research portfolio. Planning, overseeing and delivering a significant programme of work, you will bring an enterprising and inclusive approach to leading a group of multi-disciplinary teams. Widely respected as lead economic advisor across our strategic and regulatory activities, you will drive forward high quality economic research, analysis, advice and assurance to support crucial policy development work.

Our Executive Committee and CEO, along with the Gas and Electricity Markets Authority Board and its chairman, will rely on your expert economic advice and insight on policy matters. We will look to you to represent and champion Ofgem across Government and the energy sector.

To join us, you will need proven expertise and leadership experience in regulatory economics, ideally in the utilities of energy sector. Strong quantitative and qualitative economic analytical skills equip you to analyse complex situations and policy decisions. You also have a flair for assessing and managing risk in complex projects. We expect you to have led a successful economics team, developed ways of working, and provided strategic and technical economic advice at board level.

You demonstrate keen emotional intelligence, an entrepreneurial mindset and impressive relationship building skills. These qualities will enable you to influence the energy industry by driving change and building bridges between broad networks of stakeholders. As a leader of people, you have the vision and flexibility to energise and inspire results, promote development and engender a culture of inclusivity.

We are serious about the professional development and support we offer staff. You can also expect an excellent benefits package, great working environment and a shared sense of purpose.

We welcome candidates from all backgrounds, and especially welcome individuals from underrepresented groups. While this is a full-time role, flexible working patterns and job shares are welcome.

Job description

As the Economic Regulator for the energy sector in Great Britain, it is vital that regulatory policy is underpinned by sound economic advice and reasoning to ensure decisions are robust in supporting the net zero transition whilst protecting the interests of consumers. As such, we are looking to recruit a high-quality economic advisor to lead Ofgem’s Economics and Reserve portfolio. In this role, you’ll be playing your part in creating new energy solutions that are great for customers, and great for the environment.

You will lead a group of multi-disciplinary teams under the Economics and Research portfolio in the context of operating in a Professions and Flexible Resourcing operating model and plan, oversee and deliver a significant programme of work on time, on budget and to a high standard through effective management and support of multiple teams all whilst demonstrating exceptional inclusive people and enterprise leadership, ongoing professional development and commitment to Ofgem values.

Ofgem has a culture of inclusion that encourages, supports, and celebrates the diverse voices of our colleagues. It fuels our innovation and connects us closer to the consumers and the communities we serve. Everyone is welcome — as an inclusive workplace, our employees are comfortable bringing their authentic selves to work.

Responsibilities

• Delivery of a significant programme of work in the Economics and Research portfolio, managing and co-ordinating successful outcomes across teams, Ofgem and professions.

• Develops, plans and delivers work outcomes, including clear and transparent work objectives, milestones and success metrics.

• Accountable for agreeing and delivering on budget and resource requirements.

• Responsible for building and supporting the teams delivering the work including effective scoping of work and setting of clear responsibilities.

• Encourages and supports development of colleagues within profession and teams

• Jointly responsible with the Personal Development Lead (PDL) on welfare and pastoral care of all colleagues.

• Effectively undertakes appropriate and necessary D&I focus within their team and the wider organisation.

More information about the role and the application process can be found in the attached candidate pack.

Behaviours

We'll assess you against these behaviours during the selection process:

• Seeing the Big Picture
• Making Effective Decisions
• Leadership
• Communicating and Influencing
• Managing a Quality Service

Technical skills

We'll assess you against these technical skills during the selection process:

• Please refer to the attached Candidate Pack for full details

Benefits

Ofgem can offer you a comprehensive and competitive benefits package which includes; up to 30 days annual leave. Excellent training and development opportunities. The opportunity to join the Civil Service pension arrangements which include a valuable range of benefits. Flexible working hours and family friendly policies. Restaurant and subsidised gym (London only). Interest free season ticket loan.