Manager, Offshore Cost Analyst

A cleaner, more secure energy future depends on the decisions we make today and the foundations we build. Ofgem is looking for a Manager, Offshore Cost Analyst to bring insight and independent thinking to major onshore and offshore electricity transmission projects.

Ofgem is Great Britain's independent energy regulator. We're at the forefront of change across the energy sector, driving toward Net Zero whilst protecting energy consumers, especially vulnerable people.

This is a permanent opportunity to work on major projects that will play a vital part in our future energy system. You'll get beneath the numbers, challenge assumptions and use your expertise to help ensure significant spending delivers genuine value for consumers.

You'll join our offshore cost assessment team within the Major Projects division at a fascinating time for the energy sector. With major projects moving forward and new approaches such as Multi-Purpose Interconnectors emerging, there's a lot happening – and you'll be right in the middle of it.

What's more, you'll have plenty of chances to grow and develop your skills, gaining new perspectives, tackling increasingly complex challenges, and broadening your existing knowledge base.

We're looking for someone with a proven ability to quickly assimilate, analyse and simplify a wide range of information, using their findings to identify trends and draw clear conclusions. You'll be a fantastic communicator with strong IT proficiency and the ability to present complex and technical analysis in a clear, concise way to different audiences. As confident presenting as engaging at a senior level, you'll be comfortable defending your analysis, debating and negotiating.

In return, you'll discover an outstanding rewards package, plenty of flexibility and a supportive environment that gives you the space to do your best work, whilst making a real impact in the future of energy in this country.

We have a critical purpose to protect consumers whilst supporting the development of a secure, sustainable energy system. Join us and use your analytical expertise to help make major projects count.

Key Outputs and Deliverables

The scope of work ranges from technical analysis and statistical/econometric modelling to report drafting and engaging with industry. Typical responsibilities include:

• Leading on cost assessments specific infrastructure projects such as electricity interconnectors, onshore transmission assets and the transmission assets connecting offshore windfarms and supporting on the assessment of large infrastructure projects.
• Detailed and robust analysis of submissions to help determine the economic and efficient costs associated with the development and delivery of these projects. This will include comparing costs across different projects, undertaking detailed analysis to inform and support our assessments, and helping to set appropriate incentives on project developers to manage their costs efficiently.
• Presentation and discussion of analysis and resulting proposals to internal and external stakeholders, such as other team members, senior managers and project developers. In doing so you will support our objective to be fair, open and transparent.
• Ensuring smooth and efficient assessments through clear project-planning, organisation of internal and external meetings, tracking key issues, management of external consultants and their contracts, and management of work packages and analysis allocated to other team members.
• The ability to quickly review and draw conclusions from detailed cost and technical submissions.
• Oversight and management of the team’s internal cost models and associated analysis, including reviewing and updating the models, as appropriate (dependent on candidate’s experience and/or skills).
• A willingness to work flexibly within the Division is essential as role holders will be required to contribute where resources are most needed to achieve deliverables.

Key Responsibilities

• Accountable to wider OFTO and Interconnector project teams for delivering cost valuations of the transmission assets at the agreed time for each project
• Accountable to other teams for providing numerical/cost analysis as and when required
• Budget accountability if managing an external contractor
• May be responsible for line managing junior staff (e.g. graduate placement)

Responsible for 1-2 team management tasks such as resource planning or budget tracking.

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) (opens in a new window)
• 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 (opens in a new window)

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Ability and Experience.

When you press the ‘Apply now’ button, 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 skills and capabilities 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. In the event of receiving a large number of applications, an initial sift may take place on just the lead criteria indicated in the essential criteria.

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].

At Ofgem, we expect our staff to carry out their roles with honesty, fairness and openness. They should follow the Civil Service code and be free from any influence or bias. We are committed to making sure interests are recognised, declared and managed appropriately so that we can fulfil our duties as an energy regulator. Our Conflicts of Interest policy outlines the types of interests Ofgem staff must declare before onboarding, and the rules they must follow throughout employment so that we can clearly demonstrate that our decisions are not influenced by private interests.

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