Economics Specialist

Regulatory Economics & Econometrics Specialist

West Midlands | Hybrid

Salary: Up to £57,000

 

We are delighted to be partnering with a leading energy network based in the West Midlands that is looking to strengthen its Regulation team and econometrics capability. They are seeking to appoint an aspiring Economist or Econometrician with practical applied experience to join a small, expert team operating at the forefront of regulatory modelling, cost assessment and industry change.

This is a role for someone who can bring technical expertise, commercial thinking and the confidence to operate with autonomy. Working within a specialist Regulatory Strategy team, you will take ownership of complex analysis, develop evidence-based recommendations and help shape regulatory positions that influence the future direction of the business.

The energy sector is entering a period of significant transformation. As the industry progresses the current price control settlement and prepares for future regulatory frameworks, this role provides the opportunity to influence how the organisation responds to these challenges, developing robust economic arguments, improving regulatory approaches and supporting negotiations with the regulator.

You will apply your economics and econometric expertise primarily to support the business in assessing cost efficiency via comparative benchmarking, alongside regulatory submissions, performance analysis and the development of future price control evidence. The role requires someone who can move beyond technical modelling, someone who can interpret data, challenge thinking and translate analysis into clear recommendations for senior stakeholders.

A key part of the role will be engaging with Ofgem and wider industry stakeholders, building strong relationships and helping influence regulatory thinking to deliver the best outcomes for both customers and the business.

 Key responsibilities:

• Drive economic and econometric analysis to support regulatory decision-making and cost efficiency assessments
  
  
• Develop evidence and insights to support price controls, submissions and regulatory negotiations
  
  
• Support the evolution of regulatory frameworks and business strategy
  
  
• Analyse performance and cost data, identifying trends, risks and opportunities
  
  
• Build compelling narratives and reports for internal leadership and external audiences
  
  
• Act as a trusted regulatory economics specialist across the business
  
  
• Engage with Ofgem and industry stakeholders to influence outcomes
  
  

 

About you:

• Practical applied experienced in economics and econometrics, regulation or a related analytical discipline
  
  
• Strong practical experience running and interpreting econometric models and related analytical techniques
  
  
• Comfortable working with complex datasets and turning analysis into meaningful insight
  
  
• Able to influence stakeholders and communicate confidently with senior audiences
  
  
• Self-sufficient, curious and able to take ownership of workstreams
  
  
• Strong report writing skills with the ability to present complex information clearly
  
  
• Commercially aware, with an understanding of how regulatory decisions impact business performance and customers
  
  

 

If you want to join a team where your expertise will genuinely shape outcomes, you will have the freedom to develop ideas, challenge existing approaches and play a key role in navigating one of the most important periods of change in the energy industry, then don’t hesitate to apply or get in touch with alice.heffernan@technical-network.co.uk for more information.