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.

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…