Senior Economic Advisor

ENGINEERINGUK
London
GBP 60,000 - 80,000
Job description

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Sector: Media and Publishing
Role: Senior Executive
Contract Type: Permanent
Hours: Full Time

Closing Date:
25/11/2024
Group:
Economics and Analytics Group
Management Level:
Senior Associate
Job Type:
Permanent

Job Description:

About Ofcom
As the UK's communications regulator, we're delivering vital work that helps keep the UK connected and shapes the future of how we'll stay connected with each other. Our work covers everything from phones and broadband, through to TV, radio, the postal service, and wireless devices. We're also taking on the challenge of making the online world a safer place. And we need people of all backgrounds, skill sets, and experiences to help us achieve our goal of making communications work for everyone.

About the team you'll be part of
Ofcom's Economics and Analytics Group is a dynamic, international team of around 120 applied microeconomists, data analysts and finance experts. As experts in evidence, we help Ofcom by providing thought leadership, technical and sector expertise, and the economic and financial insights to shape policy and decisions. We work across all sectors regulated by Ofcom, often going beyond traditional telecoms and broadcasting regulation. Recent projects include research on the impact of social media on online news, market study in cloud services and evaluating the wellbeing impacts of online safety policies. We also actively contribute to economic debates in the communications sector through published discussion papers.

The purpose and scope of the role
We are looking for talents with expertise in any of the following specialisms:

  • Competition and regulation economics: assess markets and consumer issues, and shape developments in Ofcom's regulated sectors.
  • Policy Evaluation: design policies and evaluate their impact and outcomes.
  • Behavioural economics: inform policy-making by understanding the behaviour of people and businesses.
  • Financial economics: provide financial insights and economic modelling for regulation.
  • Quantitative skills: use econometrics, empirical industrial organisation and/or machine learning to inform policy formulation and evaluation.

At Ofcom, we value your well-being and provide an environment that fosters both personal and professional growth. Regardless of the specialism you choose, you will get the opportunity to:

  • Engage in diverse and stimulating projects across a broad range of markets.
  • Apply economic expertise to address challenging questions, often leveraging cutting-edge quantitative analysis and data.
  • Make a real impact on society while achieving a healthy work-life balance.

Your Key Responsibilities
You will collaborate with vibrant teams of economists, data analysts, policy professionals, market researchers, technologists and lawyers on projects spanning various sectors. Your responsibilities will include:

  • Providing high-quality economic analysis on projects, exploring different perspectives, and addressing key policy issues.
  • Gathering and assessing robust data and evidence to support your analysis.
  • Producing clear and well-reasoned documents, including publications.
  • Communicating economic concepts effectively in presentations, meetings and engaging with external stakeholders.
  • Collaborating with senior colleagues and multidisciplinary teams to deliver impactful outcomes.

The skills, knowledge and experience you'll need for success

Job-based skills:

  • A solid foundation in applied microeconomics gained through training in the relevant specialisms (e.g. competition economics, regulation economics, industrial organisation, digital economics, behavioural economics, regulatory finance and/or quantitative skills).
  • Experience applying economic concepts in real-world scenarios within a consultancy, regulator, competition or consumer authority, government department, academia, research institute or regulated company.
  • The ability to interpret complex information with attention to detail, with quantitative skills being an advantage.
  • A degree in economics. A postgraduate qualification is desirable but not essential.

Grade-based skills:

  • Articulating ideas: express your thoughts in a clear and concise manner, ensuring messages are understood by everyone.
  • Building solutions: identify and solve complex issues, using evidence-based methods to gather insights and develop solutions.
  • Harmonising work: work effectively with others, creating an honest team environment and sharing ideas and resources with multidisciplinary teams.

How to apply:
Please apply with a CV and a short cover letter setting out why you are interested in working for Ofcom, your relevant experience and your office location preference.

Please note that this role will close at 00:01 on Monday 25th November and therefore we advise getting your application by no later than midnight on Sunday 24th November.

Ofcom has a clear mission: to make communications work for everyone. To be able to deliver on this, we want our organisation to reflect the diversity of background, experience, upbringing and thought that exists across the UK. We aim to recruit from the widest pool of candidates possible - no matter your social background, ethnicity, sexual orientation, gender or disability.

Where positions are listed as full-time, we remain open to reduced hours, part-time arrangements, job shares, and other flexible working options. From day one, we champion flexible work arrangements to accommodate individual needs.

We also warmly welcome applicants who are returning to the workforce after a break - for whatever reason. If you have taken time away and are ready to rejoin, we look forward to reviewing your application.

Our recruitment processes prioritise accessibility and inclusivity. If you need information in an alternative format or have specific preferences, please contact our recruitment team at resourcing@ofcom.org.uk or call 0330 912 1378.

As a Disability Confident employer, we offer interviews to disabled applicants who meet essential criteria for advertised roles.

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