Head of Economic Regulation (Incentives)

London Temporary £90,000 - £100,000
  • Head of Economic Regulation (Incentives) with an energy business in London
  • economic incentives, economic performance regimes

About Our Client

An energy business.

Job Description

I am recruiting for a 12 month FTC or permanent a Head of Economic Regulation (Incentives). You will:

  • Design and deliver new incentive regimes for the organisation - working closely with BEIS and Ofgem to ensure the regimes deliver the desired outcomes. Specifically, the design and implementation of a new Operational Performance Regime (OPR) covering operational performance, customer engagement and commercial management.
  • Take a leadership role in a small cross functional team that will be brought together specifically to review the existing OPR metrics, benchmark performance against them, analyse the costs of delivering them, the financial risks to the business and how to mitigate them.
  • Build and maintain relationships with key stakeholders including Ofgem, BEIS, SECAS and customers - all of whom have different, and sometimes competing priorities, for the new regime
  • Monitor performance against its existing incentive regimes, reporting to ExCo monthly and escalating issues and putting in place mitigation plans if any risks to margin start to emerge

The Successful Applicant

You will have:

  • A strong background in the design and development of economic incentives and economic performance regimes
  • Excellent communication skills - ability to take a complex topic and explain it in simple terms for internal and external audiences
  • Strong track record of preparing written documents and reports that are clear and concise with a strong narrative
  • Ability to build and maintain relationships with key internal and external stakeholders - working across boundaries to deliver outcomes
  • Confident in engaging with senior stakeholders and presenting at senior level meetings

What's on Offer

£90,000 - £100,000 PA DOE plus car allowance, bonus and benefits

Contact
Kas Rothwell
Quote job ref
JN-022021-2171037

Job summary

Location
Contract type
Consultant name
Kas Rothwell
Job reference
JN-022021-2171037