Economic Advisor

Job summary

Working at the forefront of the fight to secure Britain’s energy future, Ofgem is combating uncertainty in energy markets while shaping the systems that will power a Net Zero economy. We’re now looking for an Economic Advisor to join us and help drive complex, high-impact analysis that informs the future of gas, electricity and emerging hydrogen markets.

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 a permanent opportunity to work at the centre of energy market transformation. This is a rare chance to contribute to both established systems and the development of new, low-carbon solutions such as hydrogen. You’ll play a key role in shaping the economic and regulatory frameworks that underpin energy security and decarbonisation.

This role sits within the Energy Systems Management and Security Directorate, where work is focused on maintaining a secure energy supply while enabling the transition to Net Zero. You will contribute to a major programme that balances the challenges of today’s energy system with the opportunities of tomorrow.

Operating across a broad portfolio of policy and analysis, you’ll engage with stakeholders across government, industry and the wider energy sector to support robust, evidence-based decision-making.

Job description

We’re looking for someone with strong analytical and economic capabilities, alongside experience or knowledge of regulation and energy markets. You’ll bring the ability to interpret complex information, conduct economic appraisals, assess value for money of a wide range policy proposals and work collaboratively with a range of stakeholders.

In return, you’ll join a supportive and high-performing team working on some of the most pressing challenges facing the energy sector. We offer hybrid working, a generous civil service pension and leave package, and the opportunity to engage with senior stakeholders across organisations such as DESNZ, NESO and wider industry.

We have a critical purpose to develop and regulate energy markets across gas, electricity and hydrogen, ensuring security of supply while enabling the transition to a low-carbon future. Join us and help shape the analysis and policy that underpins that transformation.

Person specification

Please ensure you demonstrate clearly, within your personal statement, how you meet each of the criteria below (not more that 1250 words). In the event that we receive a large number of applications, an initial sift may take place on just the lead criteria indicated below.

Essential Criteria:

• 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)
• Excellent communication and negotiation skills, with the ability to communicate technical information clearly and concisely and to work collaboratively to solve problems. (LEAD)
• Knowledge of and/or experience working on economic appraisals for policy/regulations and/or understanding of the structure and key components of economic regulation
• Policy analysis and writing skills with demonstrable application of those skills to support policy development, consultation, decision-making processes and implementation.
• Experience in using Python/R and Excel to develop detailed analysis of data.
• Excellent project management skills and ability to use these to successfully deliver a programme of work in challenging timescales with minimal supervision.

Behaviours

We'll assess you against these behaviours during the selection process:

• Making Effective Decisions
• Working Together
• Delivering at Pace
• Communicating and Influencing

Benefits

Alongside your salary of £49,452, OFGEM contributes £14,326 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.

Things you need to know

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.

Selection process details

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

Security

Successful candidates must undergo a criminal record check.People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

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)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see theCivil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).

Apply and further information

This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job contact :

• Name : Rob Wilkins
• Email : recruitment@ofgem.gov.uk

Recruitment team

• Email : recruitment@ofgem.gov.uk

Further information

Appointment to the Civil Service is governed by the Civil Service Commission’s Recruitment Principles. You have the right to complain if you feel there has been a breach of these Recruitment Principles.

In the first instance, you should raise the matter directly via recruitment@ofgem.gov.uk. If you are not satisfied with the response, you may bring your complaint to the Commission. For further information on bringing a complaint to the Civil Service Commission, please visit their website.

Attachments

456064 - Role Profile - Economic Advisor Opens in new window (pdf, 133kB)456064 - Economic Advisor - Candidate Pack Opens in new window (pdf, 723kB)Terms and Conditions April 2025 Opens in new window (pdf, 335kB)