Job Description

Details

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Reference number

433867

Salary

47,895 - 62,699
National: 47,895 - 58,519


London: 50,748 - 62,699
A Civil Service Pension with an employer contribution of 28.97%
GBP

Job grade

Grade 7

Other
2B

Contract type

Permanent

Business area

OFGEM - Retail - Price Cap Policy

Type of role

Analytical


Policy

Working pattern

Flexible working, Full-time

Number of jobs available

1

Contents

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Location About the job Benefits Things you need to know Apply and further information

Location

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We especially welcome applicants from Glasgow and Cardiff.

About the job

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Job summary

Ofgem is Great Britain's independent energy regulator. Our primary responsibility is to protect energy consumers, especially the most vulnerable, while at the same time working with government, industry and consumer groups to deliver a clean, more affordable and secure net zero energy system at the lowest cost to consumers, and drive economic growth.


This is an opportunity to join Ofgem's Retail Price Protection team, a high impact group responsible for maintaining and evolving the default tariff cap, which currently protects around 22 million energy customers. This is a unique chance to help shape one of Ofgem's most high profile consumer protection policies.


As a Senior Analyst, you will play a leading role in developing and delivering updates to the price cap methodology, ensuring it reflects market changes and continues to serve consumers fairly. You will also contribute to the design of any successor price protection mechanisms, helping to ensure that consumer interests remain at the heart of our decision making.


You will lead on producing high quality internal working papers and public facing documents such as consultations and decision papers. Your work will be underpinned by robust analysis and clear evidence, and you will communicate complex findings and policy recommendations to senior decision makers across a range of governance forums.


You will also coordinate and manage the work of policy analysts, ensuring deliverables are completed to a high standard and on time. Collaboration is key. You will work closely with colleagues across Ofgem, including legal, communications and analytical teams, and engage externally with government departments, consumer groups and industry stakeholders.


We are looking for candidates with strong quantitative and analytical skills, including experience applying economics and competition analysis to relevant markets. You will bring policy development experience, excellent communication skills and the ability to manage projects and lead teams. You will be confident working independently and setting direction for others, with a track record of delivering high quality work under pressure.


If you are passionate about protecting consumers, enjoy solving complex policy challenges and want to make a meaningful impact in a high profile area of energy regulation, we would love to hear from you.

Job description

The default tariff cap was introduced in January 2019 and protects approximately 22 million customers on standard variable and default tariffs. Our team works collaboratively updating the cap methodology to ensure changes in the market are reflected in the cap design where needed. In doing so, we put consumer protection at the heart of our decision making. We aim to ensure default tariff customers are charged a fair price.


We are hiring a Senior Analyst to play a leading role in developing and delivering policy changes for Price Cap updates, and any successor price protection policy. We work flexibly, providing ample opportunities to work on a range of important analytical and high-profile work related to the price cap.

Key Responsibilities

Developing and evidencing changes to price cap policy; Ensuring policy recommendations are based on robust and quality assured analysis; Communicating policy proposals to internal and external stakeholders; Coordinating / managing a team of policy analysts to ensure the completion of team deliverables on time; Identify interdependencies and working collaboratively with other experts across Ofgem. Engaging with other policy teams and legal advisors.

Key Outputs and Deliverables

Produce high quality internal working papers to support senior managements decisions; and also produce high quality public documents such as consultations and decision papers; Build, oversee and quality assure analysis and analytical models in support of policy development; Communicate, both written and verbally, analytical findings, policy recommendations and policy risks to senior decision makers at various governance fora; Respond to ad hoc and cross cutting requests by providing expert, authoritative, impartial and accurate information and analysis of the price cap.

Key Stakeholder Relationships

Internal

Head of Price Cap Policy Wider Retail Price Protection team Retail Division Senior Civil Servant leadership team Heads of individual teams within Retail Division Head of Analytical Strategy & Development, Office of Research and Economics Heads of Policy and Analysis in other Divisions Office for Research and Economists and the analytical community Legal colleagues Communications team

External

Industry, including energy suppliers and industry bodies Consumer groups and bodies (e.g. Citizens Advice, Ombudsman Services: Energy) DESNZ, HM Treasury and other relevant government departments and public bodies

Person specification

Please ensure you demonstrate clearly, within your personal statement, how you meet each of the criteria below (not more than 1,250 words):

Essential Criteria:

Analytical skills - Strong quantitative skills using a range of methods and demonstrable experience of conducting complex analysis / modelling; including strong evidence of applying economics and competition analysis (including financial analysis) to relevant markets.

(Lead Criteria)

Policy skills - policy analysis and policy writing skills with demonstrable application of those skills to policy development, consultation, decision-making processes and implementation. Communication skills - the ability to communicate complex and often technical issues clearly and effectively with both experts and non-experts. Project and management skills - Evidence of shaping and leading analytical work programmes that support policy decisions, and successful management of major projects with fixed deadlines. This includes proactively managing your own work independently with minimal supervision and setting direction for junior colleagues. Stakeholder management skills - ability to communicate credibly and effectively with stakeholders at all levels as part of a targeted stakeholder management strategy.

Desirable Criteria:

Energy industry or regulatory expertise - good understanding of the price cap and experience of working on energy policy and/or regulatory issues, either in government/regulator or in industry.

Behaviours

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


Making Effective Decisions Communicating and Influencing Delivering at Pace

Benefits

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Alongside your salary of 47,895, OFGEM contributes 13,875 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.

Things you need to know

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Selection process details

This vacancy is using Success Profiles , and will assess your Behaviours, Ability and Experience.
When you press the 'Apply now' button, you will be directed to a Civil Service test - guidance for this can be found here Civil Service online tests - GOV.UK (www.gov.uk).

T

he

test you are due to take is

not

timed and you can complete it at your own pace

. Upon passing the test, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications.


You will then be asked to

provide a 1250 word 'personal statement' evidencing how you meet the essential and desirable criteria listed in the role profile

. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the criteria listed in the role profile.


The Civil Service values honesty and integrity and expects all candidates to abide by these principles. You must ensure that any evidence submitted as part of your application or used during interview, including your CV and any statements or examples, are truthful and factually accurate. Ofgem takes any incidences of cheating very seriously. Please ensure all examples provided are of your own experience. Any instances of plagiarism or other forms of cheating will be investigated and, if proven, the relevant applications will be withdrawn from the process. Please note that plagiarism can include presenting the ideas and experiences of others, or generated by artificial intelligence, as your own.


Please refer to Civil Service candidate advice on the acceptable use of artificial intelligence within the recruitment and selection process - Artificial intelligence and recruitment , Civil Service Careers

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected, you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by [

https://www.cifas.org.uk/fpn

].



Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check.
People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:


UK nationals nationals of the Republic of Ireland nationals of Commonwealth countries who have the right to work in the UK nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS) individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020 Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements

Working for the Civil Service

Please note this Post is NOT regulated by the Civil Service Commission.
The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.
The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan and the Civil Service Diversity and Inclusion Strategy .

Apply and further information

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This vacancy is part of the Great Place to Work for Veterans initiative.
The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

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Job contact :

Name : Lisa Buchanan Email : recruitment@ofgem.gov.uk
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Recruitment team

* Email : recruitment@ofgem.gov.uk