Analyst

Successful candidates may be based in any of our office locations – Cardiff, Glasgow or London. We especially welcome applicants from Cardiff and Glasgow.

Job summary

Working at the forefront of the fight to deliver a low-cost, resilient energy system for Great Britain, Ofgem uses rigorous analysis to hold network companies to account and drive real change. We’re looking for four Analysts to join us and apply analytical thinking to help shape and monitor the price controls that underpin the UK’s journey to Clean Power 2030 and Net Zero 2050.

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.

We’re offering four permanent opportunities within our Network Price Controls team at a pivotal moment for the sector. You’ll join as major price control frameworks move from design into delivery, with real influence over how network companies perform for consumers. These roles sit at the heart of strategic decision-making, combining data, insight and policy to ensure networks deliver value for money while enabling decarbonisation.

You’ll work across electricity and gas network regulation, contributing to both forward-looking strategy and robust performance monitoring. From shaping the regulatory approach that guides future business plans to strengthening how we assess delivery against commitments, your analysis will directly inform senior decisions and public accountability. It’s intellectually challenging work with visible impact across the energy system.

We’re looking for candidates with strong quantitative and qualitative analytical capabilities, excellent written and verbal communication skills, and the confidence to interpret complex data and turn it into clear, evidence-based recommendations. You’ll be comfortable working collaboratively across disciplines and engaging constructively with stakeholders, bringing curiosity, rigour and sound judgement to your work.

In return, you’ll join an inclusive organisation that values analytical excellence and supports flexible working. You’ll benefit from an excellent civil benefits package while working on nationally significant issues that directly affect consumers and the future resilience of the energy system. You’ll also have the opportunity to work flexibly across Ofgem as part of the Analysis Profession, contributing to cross-organisational priorities.

We have a critical purpose to ensure network price controls deliver fair outcomes for consumers while enabling the investment and resilience needed for a low-carbon future. In this role, your analysis will help strengthen accountability, improve regulatory design and support the transformation of Britain’s energy networks.

Read on and find out more.

Key Responsibilities:

• Support areas of our price setting cost assessment, contribute to the further development of our strategic approach for asset health and risk resilience, annual monitoring teams for the RIIO price controls, including analysis of company performance against expenditure and output targets we set.
• Understand and manage large amounts of company performance data.
• Engage with network companies on their submissions and participate in direct discussions to help understand of the factors influencing company performance or company requests for funding.
• Liaise with network companies (e.g. via sector working groups) on a regular basis to help refine and develop our approach to monitoring and cost assessment.
• Provide support and assistance to the preparation of oral and written briefings to senior staff members and committees on key issues.

Key Outputs and Deliverables

• Produce analysis to assess the performance of the network companies against RIIO-2/RIIO-3 targets and obligations.
• Develop and maintain models for cost assessment of company data, including adapting existing models in accordance with best practice and policy developments.
• Review model input data for quality.
• Develop data repositories and methods of provisioning data.
• Assist in the processes for monitoring and reporting of company performance within the RIIO-2 price control framework (including outputs and uncertainty mechanisms).
• Assist in the production of external annual reports that summarise and communicate the results of our assessment.

Person specification

• Excellent analytical skills, both quantitative and qualitative, with demonstrated ability to think critically, validate and analyse complex data, and to challenge and sense check results. (Lead Criteria)
• Excellent communication and negotiation skills, with the ability to communicate technical information clearly and concisely and to work collaboratively to solve problems. (Lead Criteria)
• Strong writing skills with demonstrable application of those skills to support policy development, consultation, decision-making processes and implementation.
• Strong project management skills to successfully deliver a programme of work in challenging timescales.
• Support, or lead, on the development of robust analysis that contributes to creating a range of options and making recommendations to senior management.
• Confident with Excel to manage large datasets and to present analysis in appropriate and clear formats.