Economist

Location

Birmingham | United Kingdom

Job description

Why Join Ofwat?

We’re forward-thinking, creative, innovative, and ambitious. We constantly push the boundaries and embrace new ways of working.

With us, your work matters, your voice is heard, and your impact is felt. Ours is a culture of trust, flexibility, autonomy, collaboration, and innovation. We all want positive change for water customers, the environment, and the future of water.

But for us, change is more than what happens on the outside – we’ve always pushed boundaries internally, too. From becoming the first Civil Service organisation to achieve ‘Smarter Working’ status, to gaining our prestigious ‘Smarter Working Maturity’ award, we’ve consistently demonstrated our commitment to embracing innovative ways of working. We know our people do their best work when given freedom over where, when, and how they work. Which is why we trust them to do exactly that.

Our Benefits:

• Generous Civil Service pension with a minimum employer contribution of around 27% (approx. £10,000 to £15,250 per annum depending on salary);
• 27.5 days leave (25 days annual leave + 2.5 days privilege leave) increasing to max 32.5 days with each year of service), plus bank holidays;
• access to exclusive discounts on a range of goods and services such as retail outlets, theatre tickets, holidays, insurance and gym membership;
• flexible working arrangements;
• fees paid for membership of relevant professional bodies;
• up to 3 volunteering days per year
• generous shared parental leave and pay
• cycle-to-work scheme;
• season ticket loan for travel between home and office;
• regular professional development;
• health and well-being initiatives

The Role

We’re looking for an Economist to join our Chief Economist Team (CET) at Senior Associate level.

The CET reports directly to the Chief Executive of Ofwat and plays an important role across all areas of Ofwat's work. It leads on the economic input into a number of strategic work programmes, such as developing our future regulatory strategy, mergers and competition work, one-off research/analytical pieces as well as leading on our approach to impact assessments and evaluation. It also supports other teams across Ofwat, for example by scrutinising the decisions on price reviews, supporting teams focused on developing markets and supporting regulatory policy development across several areas such as the environment, customers and innovation.

The Senior Associate role is full of exciting challenges. The role will contribute to the team's work providing rigorous economic thinking and advice to inform our policies and helps us to deliver our strategic objectives.

Key deliverables:

• Deliver economic and/or quantitative analysis on a variety of projects
• Contribute to economic advice on issues across areas at Ofwat
• Develop economic frameworks to assess policy options
• Assess the impact of our policies and interventions
• Present economic analysis to colleagues internally and stakeholders externally
• Draft reports and publications to a high standard
• Work effectively as part of a multi-disciplinary team

Essential Experience, Skills and Knowledge

• Knowledge of microeconomics and regulatory economics
• An undergraduate degree in economics or a discipline with significant economic content
• Excellent analytical skills, including experience of analysing and interpreting a range of data sources and insights to inform solutions on complex problems
• Excellent written and oral communication skills, including the ability to understand and concisely explain complex issues in non-technical language
• Experience in applying economic analysis in economic regulation and/or competition policy
• Experience contributing to the design, development and delivery of economic projects.
• Experience working in multidisciplinary teams
• Experience engaging with senior staff and/or external stakeholders

To read more about the role and selection process, please follow the link to apply.

Job tags

Salary

£36.92k - £54.66k per annum