Power & Utilities Regulation
Power & Utilities Regulation
PwC have an opportunity for an Economist to join the Power & Utilities Regulation team.
We are looking for talented and motivated individuals to join us to strengthen and expand our regulatory power and utilities practice. We are seeking to hire one or more experienced Regulatory Economists.
We want to recruit exceptional and experienced Consultants with a background in economics to support us in advising power and utilities companies and regulators. We are interested in people from a range of different backgrounds including power and utilities companies, economics consultancies, sector regulators and academia.
The position will involve the use of economic techniques to analyse regulatory, market, strategy and competition issues facing the power and utilities industry (including business strategy, market design, the design and operation of regulatory incentives, competition policy, price controls, cost modelling, profitability analysis, market analysis, etc.). You will lead small project teams with a view to providing regulatory strategy and policy advice to our clients.
About the role
PwC's UK Economics and Policy practice includes around 100 individuals and is part of our global economics practice. In our power and utilities projects we often work with professionals from many different backgrounds including other competencies in consultancy, corporate finance, forensics, and assurance. Together we have been working at the heart of the industry, for major utility companies, as well as for governments and regulators.
Our vision is to be a distinctive, insightful, energetic practice, driven by a diverse group of analytical, creative and commercial individuals. We stand by our courage to challenge conventional wisdom, and our ability to cut through complexity.
Economics is the science of business. We help companies, investors, regulators, law firms and Governments reach better decisions, informed by clear, robust evidence. Our help comes in the form of advice, reports, studies and policy recommendations.
Why are we asked for help?
Our clients are developing policy, making cases to regulatory authorities, negotiating policy outcomes, facing competition and regulation investigations, responding to litigation, shaping strategy and doing deals. Our success is measured by the outcome we deliver.
What can you expect from us?
Innovation, creativity and rigour delivered by a team that is a pleasure to do business with. We pride ourselves on being excellent economists, consultants and, fundamentally, people, from a diverse range of backgrounds. We deal with business people, regulators, Governments, company executives, and financiers.
In everything we do, we blend commercial acumen, common sense and analytics. We are proud to challenge conventional thinking, leverage insights from one sector to another, and identify trends and market dynamics to help our clients succeed in a competitive world.
- Post graduate qualification in Economics or related discipline relevant to economic regulation.
- Experience of working with power and utilities.
- Excellent understanding of economic regulation, both theoretical and practical, able to articulate this at different levels.
- Understanding of the commercial implications of regulatory issues.
- Comfortable using both qualitative and quantitative data, drafting complex documents (adapting style to the audience) and working with complex theoretical and empirical models.
The ideal candidate will have some or all of the following characteristics:
- A self starter.
- Fascinated by evolving policy in the power and utilities sector.
- Comfortable to present to client management at all levels.
- A team player able to build and sustain relationships.
- Committed to our high standards of excellence in providing advice to our clients.
- Willing to learn and act at the leading edge of developing regulatory theory and approaches.
The skills we look for in future employees
All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, ‘The PwC Professional’.
The PwC Professional focuses on five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships. We use this framework to recruit, develop and assess our people, at all grades and all areas of our business, because we expect all of our people to be leaders.
We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool as well as those who reflect the diverse nature of our society. And we aim to encourage a culture where people can be themselves and be valued for their strengths. Creating value through diversity is what makes us strong as a business. www.pwc.com/uk/diversity
As an organisation with an increasingly agile workforce, we're open to flexible working arrangements where appropriate