Analyst

Requirements of the role

Be part of the transformation of the UK’s energy networks. Ofgem is looking for an Analyst to join our Networks Directorate and support the regulation of the electricity and gas infrastructure that underpins the UK’s journey to Net Zero.

Ofgem is Great Britain’s independent energy regulator. We’re leading the transition to a low-carbon energy system while ensuring consumers especially the most vulnerable are protected and empowered.

You’ll play a key role in monitoring and assessing the performance of energy network companies. This is a high-impact role where your analysis will directly inform regulatory decisions on multi-billion-pound investment plans and help ensure networks deliver value for money, resilience, and sustainability.

Working in a fast-paced, collaborative environment, using your analytical skills to assess cost efficiency, monitor outputs, and support the development of future regulatory strategies. Your work will help ensure that the UK’s energy networks are ready to meet the challenges of a decarbonised future.

This is a unique opportunity to contribute to the RIIO-3 price control programme one of the most significant regulatory frameworks in the energy sector. You’ll also support the ongoing monitoring of the current RIIO-2 regime, ensuring continuity and robust oversight as we transition between control periods.

We’re looking for someone with excellent analytical skills (interpreting both qualitative and quantitative data), sound judgement, and a talent for translating complex data into clear, concise briefings. You’ll need to be confident managing multiple stakeholders, working independently, and communicating effectively with a wide range of internal and external partners. You will have good Excel skills and be comfortable working with large datasets to support robust, evidence-based decision-making.

At Ofgem, you’ll be part of an inclusive, forward-thinking team that values curiosity, collaboration, and public service. We support flexible and hybrid working, offer a competitive benefits package, and provide an environment where your work directly contributes to a greener, fairer energy system.

We have a critical purpose to ensure that energy networks deliver for consumers and the environment. In this role, your insights will help shape the future of energy regulation and support the UK’s transition to a low-carbon economy.

Job description
Key Responsibilities:

Support areas of our annual monitoring assessment approach for the RIIO gas price controls, including analysis of company performance in relation to specific categories of expenditure and the outputs we set under the RIIO-2 price control framework and examining variations in performance against regulatory targets.
Engage with network companies on technical aspects of their submissions and participate in direct discussions to help gain a deeper understanding of the factors influencing the delivery of the RIIO-2 programme.
Liaise with network companies (e.g. via sector working groups) on a regular basis to help refine and develop our approach to cost assessment.
Provide support and assistance to the preparation of oral and written briefings to Networks and Ofgem’s boards and committees on key issues – working closely with policy, regulation finance and legal colleagues.
Support effective project management to ensure delivery of your work.
Drafting consultation and decision documents.
Have the opportunity to represent Ofgem at relevant industry events, seminars and working groups.
Respond to changing priorities and helping manage organisational risk, by being flexible to embrace new workstreams across sector price controls. This could include using your analytical skills to support the assessment of specific network projects that might require additional funding after the price control is set. Or supporting briefings and analysis in the event of appeal of the price control settlement(s).

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