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Econometric Analyst

SGN
Job LocationHorley
EducationNot Mentioned
Salary30,600 - 47,300 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time or part-time

Job Description

Location: HorleySalary: £30.6k - £47.3k (Dependent on skills & qualifications)Reference: REQ2461THE ROLEWe are recruiting for an Econometric Analyst within the regulatory finance team based in Horley, reporting to the Econometric Manager. The Econometric Analyst role will provide critical support for the review and assessment of the Regulatory benchmarkingprocess as we build up our evidence base and work towards the next price control period.Key responsibilities will include;

  • Using and evaluating Ofgems econometric analysis for benchmarking GDNs cost efficiency.
  • Developing the econometric model in a manner that improves the accuracy of the econometric analysis and provide detailed supporting evidence of why such changes are relevant. This will include the assessment of alternative modelling approaches.
  • Adapting the models for internal research and assessment purposes, such as benchmarking at depot level and for wider business use.
  • Being able to interpret the analysis and identify areas of strength and weakness which can subsequently be used by senior management to make strategic business decisions.
  • Proactively analyse and research some of SGNs unique factors such as regional costs, real price effects, productivity and determine how these continue to impact our cost assessment.
CULTURE/BENEFITSThis role will offer plenty of genuine learning and development opportunities, as well as a competitive salary with company benefits including retail & leisure discounts, HolidayPlus & Cycle2work schemes, gym & mobile discounts, a pension scheme, and more.Fostering a diverse and inclusive culture is something we pride ourselves on at SGN. We want our workplace to be an innovative and inclusive place to work, where every single person feels empowered to achieve professional success.WHAT YOULL BRINGWe are looking for a self-motivated individual who is able to provide accurate and robust analytical, statistical and modelling support to senior management for the purposes of understanding the results of internal and external benchmarking of SGNs activities.Were also looking for;
  • Minimum 1-year practical experience working within an econometric modelling role
  • Excellent numerical skills with advanced Excel skills
  • An understanding of the Stata modelling software or alternative
  • Excellent analytical and communication skills with the ability to use statistical techniques and benchmark performance
  • The ability to coordinate and effectively communicate with working groups within SGN to analyse benchmarking results
  • Reasonable understanding of the SGN business to interpret results and alternative cost drivers
  • Knowledge of UK Regulatory process and comparative analysis used by regulators desirable
  • The ability to work effectively as part of a small team
  • Ideally educated to a degree level or have demonstrated that they can work with the complex financial concepts
Not a perfect skills match Tell us what youre interested in - you might have a skill we didnt realise we needed!WHO WE AREWere on a journey to transform the future of gas and we think outside the box - futuristic technologies and robotics are leading our innovation. Keeping our customers safe and warm is what we do but beyond that, we want to make the world a better place,which is why were passionate about helping in our communities, reducing our carbon footprint and driving innovation in our industry.At SGN, we strive to sustain our world through managing the network that distributes natural and green gas across the south of England and Scotland. We have an important responsibility to keep the gas flowing to 5.9 million homes and businesses. Your workdirectly impacts SGNs commitments to keeping our customers homes and businesses safe.Were quick to deliver and we may not always wait until the job advert expires before reviewing applications. We recommend you submit your application as soon as possible so we can continue the conversation

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