Senior Analyst Job at OFGEM – The default tariff cap was introduced in January 2019 and protects approximately 22 million customers on standard variable and default tariffs. Our team works collaboratively updating the cap methodology to ensure changes in the market are reflected in the cap design where needed. In doing so, we put consumer protection at the heart of our decision making. We aim to ensure default tariff customers are charged a fair price.
We are hiring a Senior Analyst to play a leading role in developing and delivering policy changes for Price Cap updates, and any successor price protection policy. We work flexibly, providing ample opportunities to work on a range of important analytical and high-profile work related to the price cap.
Key Responsibilities
- Developing and evidencing changes to price cap policy;
- Ensuring policy recommendations are based on robust and quality assured analysis;
- Communicating policy proposals to internal and external stakeholders;
- Coordinating / managing a team of policy analysts to ensure the completion of team deliverables on time;
- Identify interdependencies and working collaboratively with other experts across Ofgem. Engaging with other policy teams and legal advisors.
Key Outputs and Deliverables
- Produce high quality internal working papers to support senior managements decisions; and also produce high quality public documents such as consultations and decision papers;
- Build, oversee and quality assure analysis and analytical models in support of policy development;
- Communicate, both written and verbally, analytical findings, policy recommendations and policy risks to senior decision makers at various governance fora;
- Respond to ad hoc and cross cutting requests by providing expert, authoritative, impartial and accurate information and analysis of the price cap.
Key Stakeholder Relationships
Internal
- Head of Price Cap Policy
- Wider Retail Price Protection team
- Retail Division Senior Civil Servant leadership team
- Heads of individual teams within Retail Division
- Head of Analytical Strategy & Development, Office of Research and Economics
- Heads of Policy and Analysis in other Divisions
- Office for Research and Economists and the analytical community
- Legal colleagues
- Communications team
External
- Industry, including energy suppliers and industry bodies
- Consumer groups and bodies (e.g. Citizens Advice, Ombudsman Services: Energy)
- DESNZ, HM Treasury and other relevant government departments and public bodies
Person specification
Please ensure you demonstrate clearly, within your personal statement, how you meet each of the criteria below (not more than 1,250 words):
Essential Criteria:
- Analytical skills – Strong quantitative skills using a range of methods and demonstrable experience of conducting complex analysis / modelling; including strong evidence of applying economics and competition analysis (including financial analysis) to relevant markets. (Lead Criteria)
- Policy skills – policy analysis and policy writing skills with demonstrable application of those skills to policy development, consultation, decision-making processes and implementation.
- Communication skills – the ability to communicate complex and often technical issues clearly and effectively with both experts and non-experts.
- Project and management skills – Evidence of shaping and leading analytical work programmes that support policy decisions, and successful management of major projects with fixed deadlines. This includes proactively managing your own work independently with minimal supervision and setting direction for junior colleagues.
- Stakeholder management skills – ability to communicate credibly and effectively with stakeholders at all levels as part of a targeted stakeholder management strategy.Â
Desirable Criteria:
- Energy industry or regulatory expertise – good understanding of the price cap and experience of working on energy policy and/or regulatory issues, either in government/regulator or in industry.
Behaviours
We’ll assess you against these behaviours during the selection process:
- Making Effective Decisions
- Communicating and Influencing
- Delivering at Pace
Closing Date: Monday 3rd November 2025