Senior economist (energy) Work, Jobs in London (with Salaries)

Senior Economist (Markets)
OFGEM —London
- £49,452 - £62,699 a year
- Full-time
- Hybrid work
- Presentation skills
- Bachelor's degree
- Communication skills
- Annual leave
- Flexible schedule
NERA Associate Analyst/Analyst - Energy & Natural Resources (London)
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- Full-time
- Hybrid work
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- Doctoral degree
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- Annual leave

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Senior Economist (Markets)

OFGEM -
London

Apply Now

Job details

Permanent | Full-time
£49,452 - £62,699 a year

Benefits

Annual leave
Company pension
Flexible schedule

Qualifications

Economics
Presentation skills
Bachelor's degree
Legal drafting
Communication skills

Full job description

Details

Reference number

471071

Salary

£49,452 - £62,699

£49,452 - £58,518 (National), £52,397 - £62,699 (London)

Please ensure that you read the Pay and Reward information for civil service and internal colleagues before applying.

A Civil Service Pension with an employer contribution of 28.97%

GBP

Job grade

Grade 7

OFGEM Level 2b

Contract type

Permanent

Business area

Markets Strategy and Delivery

Type of role

Analytical
Economist

Working pattern

Flexible working, Full-time, Job share

Number of jobs available

Location
About the job
Benefits
Things you need to know
Apply and further information

Location

Cardiff, Glasgow, London

About the job

Job summary

Ofgem is Great Britains independent energy regulator. We are working to create a fairer, more resilient and more competitive energy market, helping combat the challenges facing consumers while shaping the policies that will power the transition to Net Zero. Were looking for Senior Economists to join us and provide the analytical expertise that will influence major regulatory decisions across Great Britain's energy sector.

Were offering four permanent opportunities to join our newly established Markets Cluster, where you'll be providing economic expertise to priority projects across the Markets Group, to help deliver our vision and strategy for energy markets.

You'll collaborate with other economists, policy professionals, legal advisers and senior leaders across Ofgem, applying economic insight to complex regulatory questions and helping shape responses to rapidly evolving market conditions. These roles offer significant variety, giving you the chance to contribute to major regulatory projects while helping build the capability and reputation of a new analytical team supporting the Markets Group.

We're looking for individuals with strong economic and analytical expertise, excellent project delivery skills and the ability to translate complex evidence into clear, practical insights. You'll be an effective communicator who builds collaborative relationships, works confidently across multidisciplinary teams and enjoys solving complex problems.

In return, you'll join an inclusive and collaborative organisation where your expertise will help shape decisions affecting households across the country. Alongside flexible working, an excellent pension and generous annual leave, you'll work with experts from across policy, regulation, law and economics while contributing to work that delivers meaningful benefits for consumers and the wider energy sector. Join us in supporting fair competition, protecting consumers and enabling a secure, affordable and sustainable transition to Net Zero.

Come along to our free online open event on Wednesday 22nd July to find out more. Select tickets Senior Economist Markets Recruitment Open Event MS Teams

Job description

Key Responsibilities

Undertake robust quantitative and qualitative analysis informing sound advice on key policy decisions.
Assess the reliability of evidence and give objective advice.
Provide clear and concise drafting for external and internal audiences, including contributions to briefings, internal decision documents, and consultations. Ensure robust project management and quality assurance processes are in place to deliver high-quality and timely behavioural science and research outputs.
Ensure effective project planning and timely delivery of outputs.
Constructive working relationships established with internal and external stakeholders.
Work collaboratively across team boundaries.
Contribute to building the teams capability and reputation, for example through knowledge sharing, building strong relationships with stakeholders across Ofgem, or providing input into colleagues projects.

Key Outputs and Deliverables

Provide expert economic advice and analysis in support of regulatory and policy issues across the Markets Group, helping senior leaders to understand market developments and ensuring that policy decisions are underpinned by high-quality evidence.
Embed economic analysis in Ofgems policy and decision-making processes, working effectively with other analytical and policy functions.
Ensure that the economic analysis is delivered to a high standard. Critically assess and interpret the evidence available and the weight that can be attached to it; identify economic risks and propose mitigations for them. Present the analysis clearly and accurately both orally and in writing.
Work in close partnership with the other technical experts to ensure a coherent work programme that supports delivery of stronger analytical best practice, standards and building of expertise.
Represent Ofgem at external events, conferences etc to showcase Ofgems work in this area and help shape the debate on regulatory economics to help increase our reputation as a leader in the field.
Contributing to other strategic and reactive work undertaken by the team as it arises.

Person specification

Essential Criteria

Post-graduate degree or undergraduate degree in economics. [LEAD]
Practical work experience in the economic analysis of markets or quantitative economics. [LEAD]
Ability to distil complex subject matter into relevant messages for different audiences both orally and in writing, combined with excellent drafting skills.
Experience of the design, development, management and timely delivery of economic analysis.
Skilled at developing strategic relationships and working collaboratively across a range of internal and external stakeholders at all levels to shape the debate.

More information about the role and the application process can be found in the attached candidate pack.

We would be delighted to invite you to attend an open event on 22nd July 2026 at 12:50 to learn more about this vacancy. Please register for a ticket using the following link: https://buytickets.at/ofgem/2306491

Qualifications

Post-graduate degree or undergraduate degree in economics.

Behaviours

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

Communicating and Influencing
Making Effective Decisions
Delivering at Pace
Working Together

Technical skills

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

Please note that, as part of the interview process, you will be asked to complete a written assessment on the day alongside your interview. The assessment is designed to test your technical skills and capabilities.

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 for more information on appropriate and inappropriate use.

Selection process details

This vacancy is using Success Profiles , and will assess your Behaviours, Experience and Technical skills.

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 and desirable criteria 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.

Please note that these are in-person interviews at one of our three offices.

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)
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

Working for the Civil Service

The Civil Service Code 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 .

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 the Civil Service People Plan and the Civil Service Diversity and Inclusion Strategy .

Apply and further information

This vacancy is part of the Great Place to Work for Veterans 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 : Sandra Segal
Email : [email protected]

Recruitment team

Email : [email protected]

Further information

Appointment to the Civil Service is governed by the Civil Service Commissions 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 [email protected]. 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.

Apply Now

Refine Your Search

senior economist (energy) jobs in london

NERA Associate Analyst/Analyst - Energy & Natural Resources (London)

Evaluation / Economist - Associate Director

Other jobs to consider

I want to receive the latest job alerts for senior economist (energy) in london

Explore jobs in more locations

Details

Reference number

Salary

Job grade

Contract type

Business area

Type of role

Working pattern

Number of jobs available

Contents

Location

About the job

Job summary

Job description

Person specification

Qualifications

Behaviours

Technical skills

Benefits

Things you need to know

Artificial intelligence

Selection process details

Security

Nationality requirements

Working for the Civil Service

Diversity and Inclusion

Apply and further information

Contact point for applicants

Job contact :

Recruitment team

Further information