Junior Economic Regulation Analyst

Junior Economic Regulation Analyst

Location: Hybrid - Pity Me, Durham or Chelmsford and Home Working

Salary: £25k to £30k pa

Contract: Permanent, full time 37hrs per week

About the role

We have an exciting new opportunity to join the Economic Regulation Team within Northumbrian Water, learning about the real-life application of economics to utility regulation. You will be part of a small and experienced team, with knowledge across the regulatory landscape, who can offer the support to develop your skills and learn new specialisms.

You will play a key role supporting the team in understanding, applying and influencing the design of the regulatory framework so that it incentivises the best outcomes for our customers and the environment. This includes the provision of resilient water and wastewater services and achievement of our ambitions for delivering net zero carbon emissions. The role therefore offers the opportunity for the right person to make a real difference, improving our natural environment and the services we provide to our customers.

The role will involve collating data and evidence to support influencing the design of the framework of economic regulation, to support the development of robust future plans, and to enable us to report back on progress to regulators, customers and stakeholders. By working with experts from across the business, the role will also help support the improvement of our Value Framework, which will enable us to take better account of the impact on society and the environment when making investment decisions.

To do this you will work across the breadth of our business and have close contact with experts from all key areas including operational delivery, tactical planning, asset management and finance.

We are therefore looking for an individual who can establish positive and effective working relationships and is eager to learn and develop their skills. The best fit for the role is someone who is a good communicator, has strong analytical, numerical and written abilities as well as an eye for detail, while also embodying our core values.

The ideal candidate would be a recent graduate ideally in economics, possibly combined with another relevant discipline such as politics, finance or mathematics. Any relevant post graduate experience would be an advantage but not essential.

Here at Northumbrian Water, Diversity, Inclusion and Equity means bringing your full self to work. We encourage and welcome applications from all backgrounds and groups, as we believe and strive for community representation within all our teams, structures and organisation.

Start date: As soon as possible / upon completion of studies in 2025

About us

NWG (Northumbrian Water Group) provides water and sewerage services to 2.7 million people in the North East of England as Northumbrian Water, and water services to 1.5 million people in the South East of England as Essex & Suffolk Water.

We are proud to serve our customers and we're committed to delivering great service, putting our customers at the heart of everything we do.

We are a high-performing company and benchmark at the top-end amongst companies in England and Wales for efficiency with strong performance in all three services - water, wastewater and retail services. At the same time, we enjoy high-levels of customer trust and our service performance is strong. We are a leading company with one of the highest levels of performance, for example in our Essex and Suffolk area we have the lowest levels of leakage in the sector and we regularly rank 1st in the customer measure of experience for the water sector in England and Wales. We are primarily owned by CK Infrastructure, one of the largest private infrastructure investors in the world and so have the ability to work with and learn from many other leading utilities in the UK through that relationship.

Every five years, Northumbrian Water sets out a business plan incorporating the ambitions it seeks to deliver for customers and the environment, the associated costs of maintaining and improving our assets and services, and the implications for customer bills – all of which needs to be aligned with customer and stakeholder expectations.

Ultimately, Northumbrian Water is more than just a water company. We are one team, fulfilling many roles, working together to ensure our customers have clean, fresh, running water, whilst providing great customer service, protecting the environment, and supporting local communities. We Live Water and all of our amazing people are helping us become the national leader in the provision of sustainable water and wastewater services.

Our values

Our values describe our main principles, qualities and attributes. They are the guiding principles which define who we are, what we do and how we do it. They make us different from our competitors and guide our decisions and actions to drive us towards our vision.

Results Driven

We take responsibility for achieving excellent business results.

Ethical

We are open and honest and meet our commitments with a responsible approach to the environment and our communities.

Customer Focused

We aim to exceed the expectations of our internal and external customers.

Creative

We continuously strive for innovative and better ways to deliver our business.

One Team

We work together consistently, promoting co-operation, to achieve our corporate objectives.

Colleague benefits

We’re the great company we are because of you – our people. As our way of saying thanks, we offer you a wide range of benefits and discounts to take advantage of including:

Eyecare

Discounted Medicals

Employee Assistance Programme

Cycle2work

Buying & selling annual leave

Long service awards

Salary sacrifice car scheme

Computer Loans

Award winning wellbeing site

NWG savings scheme

Company pension scheme

Pre-retirement workshops

Life assurance

Discounts & cashback offers

Qualification loan

To find out more about our benefits, see our benefits booklet attached to this advert.