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Strategic Market Design Analyst

Any of our offices
3 months ago
Full time role

Company

OVO Energy is an independent energy technology company and supplier. The company was launched in 2009. OVO Energy is set ...

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Job Description

We’re making zero carbon happen

We’re OVO Group, a big family of companies united by a single vision: to get to zero carbon, fast. 

We call this Plan Zero – and it shows how we’ll be fighting the climate crisis and transforming the way people use energy over the next decade. To do this, we need the sharpest minds. Are you up for the challenge?

Do great green things with OVO Energy

So much has changed since we launched in 2009.  Our goal remains the same though: make energy cheaper, greener, and simpler. Just as it was on day one.

Everyone belongs at OVO

Our aim is to build a diverse and inclusive movement: teams of brilliant people, with unique talents, skills, passions, and experiences. 

We encourage everyone to join us, whatever your gender identity, race, ethnicity, sexual orientation, age, life experience, or background. So please come as you are – we can’t wait to meet you.

 

Where in the world of OVO will I be working?

The Market Design and Incubation team is a strategic insight and incubation hub sitting within the Commercial area. Following the energy crisis, in a time of unprecedented change in the energy industry, the function works closely with our folks across OVO Group’s businesses to provide expert analysis and insight on a range of energy industry and emerging policy areas. It drives value across the Group by identifying emerging risks and opportunities and incubating novel approaches to addressing them.

The team is embedded within the Commercial function to ensure strong ties with the commercial operation of the Retail business, but reaches beyond the immediate team to support the wider business. It acts a critical friend to any area of the Group responding to changes in the energy landscape, and as a strategic advisor to senior leadership and business planning. The function primarily considers the longer term -  looking over the 2-5 year horizon, and maintaining a vision of the energy sector over the next 10 years.

 

What will I be doing?

Within the wider function, the Market Design and Insight team are responsible for understanding emerging energy sector risks and opportunities. We will maintain an open “library” of relevant literature and insights, and build novel models, analysis or research to explore key topics of energy industry change. We use this deep industry insight to inform strategic goals and, where appropriate, publish papers, blogs or responses to policy engagement to establish OVO as a leading voice in the energy transition and a trusted partner for consumers

The Strategic Market Design Analyst will be responsible for market monitoring and horizon scanning. This includes:

  • Owning the development of deep critical thinking / analysis into complex and wide-ranging energy topics (e.g. the future of the energy retail market)
  • Proactive identification of risks and opportunities from emerging energy industry trends and changes.
  • Working with internal resource or third parties to deliver novel modelling and research to explore key topics and develop thought leading analysis.
  • Market monitoring - reading reports, attending webinars etc to maintain a live view of key market developments and rapid assessment of the impact on OVO’s current and future business models. A focus on UK energy market, but with an appraisal of other markets in the UK, and international markets.
  • Regular reporting to the business on key industry insights
  • Building and maintaining the “central view” of expected market developments, key dates and opportunities for engagement, risks and opportunities.

 

Is this the job for me?

It's important that you have:

  • Strong and broad communication skills, including the ability to synthesise technical and non-technical literature
  • Strong prioritisation skills with a flexible, “find a way” mentality
  • A commercial and strategic approach able to interpret policy and research publications into business impacts. Strong attention to detail with expert, technical knowledge in the energy industry, with the ability to translate this to high-level, strategic policy (and vice versa).

Ideally you'll have:

  • Deep understanding of regulatory environment in UK Energy and working knowledge of other markets
  • Good collaborator management, forming strong relationships internally and externally.A great teammater, open communicator and collaborator.
  • Passionate about the setting the future agenda for the energy industry

 

Brilliant benefits for a world-changing team

Our people are at the heart of Plan Zero. That’s why we offer plenty of green benefits and progressive policies to make you feel at home.

For starters, you’ll get 34 days of holiday (including bank holidays).

Then there’s Flex Pay. It’s an extra 9% of your salary on top of your core pay to use as you like. You can take it as cash, add to your pension, or choose to spend it on a huge range of flex benefits.

Here’s a taster of what’s on offer:

For your health
With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more

For your wellbeing
With gym membership, gadget, travel and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more

For your lifestyle
With extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donations

For your home 
Get up to £300 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on smart thermostats and EV chargers

For your commute
Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans 

Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.

Oh, and one last thing...

We’d be thrilled if you tick off all our boxes yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you!

OVO Energy is an independent energy technology company and supplier. The company was launched in 2009. OVO Energy is set ...

View Company Profile