We are looking for individuals who have a strong background in economics and econometric modelling, combined with a critical thinking approach to analysis.
The team’s role is to provide insight and understanding into the delivery, operations and efficiency of our services, using econometrics and statistical tools. You will report and present your findings to key stakeholders within Thames Water who have varying levels of technical understanding.
What you’ll be doing as a Regulatory Analyst – Econometrician
- Provide high-quality economic and econometric advice and analysis on a wide range of economic regulatory issues and communicate key findings to a wide range of audiences including senior managers and the Executive Team.
- Develop external networks to influence the development of regulation on economic regulatory issues for the benefit of the business and its customers.
- Draft and manage responses to Ofwat consultations on economic and regulatory issues. Provide analytical inputs for responses to Ofwat consultations on economic and regulatory issues.
- Provide a source of economic expertise to assist the business in analysis of areas of complexity to ensure the business makes the right decisions based on robust quantitative analysis of the issues.
- Provide expert advice and analysis to support the annual business planning cycle and to develop strategy and tactics for the quinquennial review of price controls.
Base location – Hybrid – Clear Water Court
Working pattern – Monday to Friday 36 hours
Necessary requirements for the role – A degree in an analytical subject (such as Economics or Maths)
What you should bring to the role
- A degree level or higher in an analytical subject is essential in this role
- Strong written and verbal communication skills
- High-level competencies in analytical, conceptual and strategic thinking
- A strong academic background in economics, econometrics, maths, or related subjects or a strong track record of providing insight from analysis of data
- Experience of cost functions, efficiency benchmarking or financial econometrics and the ability and passion to undertake the logical and well thought out analysis is desire but not essential
- Knowledge of modern statistical techniques such as machine learning to apply on large datasets would be beneficial
What’s in it for you?
- Competitive salary of up to £60,000 per annum depending on experience
- Annual Leave - 26 days holiday per year increasing to 30 with the length of service (plus bank holidays)
- Access to lots of benefits to help you take care of you and your family’s health and wellbeing, and your finances – from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance
Find out more about our benefits and perks
Who are we?
We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people and the planet to thrive. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.
Learn more about our purpose and values
Working at Thames Water
Thames Water is a unique, rewarding and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy fast-tracked career opportunities, flexible working arrangements and excellent benefits.
Whether you’re interested in a role in one of our call centres or science labs, we’re looking for people like you with real passion and a burning desire to make things better.
So, if you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region and our planet.
Real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.
Our overarching aim is to ensure that Thames Water is great, diverse and inclusive place to work. We welcome applications from everyone and offer extra support for those who need it throughout the recruitment process. Our aim is to remove any real or perceived barriers to success, so if you need assistance, we’re here to help and support.
When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business, meet colleagues and earn some extra money along the way.
Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.