Economic Advisor
- Public Sector, Financial Services, Research and Analysis
- Glasgow, Cardiff
- 01/06/2026
- £49,452.00 - £62,699.00 /yearly
- Permanent · Full-time, Job share
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Working at the forefront of the fight to secure Britain’s energy future, Ofgem is combating uncertainty in energy markets while shaping the systems that will power a Net Zero economy. We’re now looking for an Economic Advisor to join us and help drive complex, high-impact analysis that informs the future of gas, electricity and emerging hydrogen markets.
Ofgem is Great Britain’s independent energy regulator. We’re at the forefront of change across the energy sector, driving toward Net Zero whilst protecting energy consumers, especially vulnerable people. We’re offering a permanent opportunity to work at the centre of energy market transformation. This is a rare chance to contribute to both established systems and the development of new, low-carbon solutions such as hydrogen. You’ll play a key role in shaping the economic and regulatory frameworks that underpin energy security and decarbonisation.
This role sits within the Energy Systems Management and Security Directorate, where work is focused on maintaining a secure energy supply while enabling the transition to Net Zero. You will contribute to a major programme that balances the challenges of today’s energy system with the opportunities of tomorrow. Operating across a broad portfolio of policy and analysis, you’ll engage with stakeholders across government, industry and the wider energy sector to support robust, evidence-based decision-making.
We’re looking for someone with strong analytical and economic capabilities, alongside experience or knowledge of regulation and energy markets. You’ll bring the ability to interpret complex information, conduct economic appraisals, assess value for money of a wide range policy proposals and work collaboratively with a range of stakeholders. In return, you’ll join a supportive and high-performing team working on some of the most pressing challenges facing the energy sector. We offer hybrid working, a generous civil service pension and leave package, and the opportunity to engage with senior stakeholders across organisations such as DESNZ, NESO and wider industry.
We have a critical purpose to develop and regulate energy markets across gas, electricity and hydrogen, ensuring security of supply while enabling the transition to a low-carbon future. Join us and help shape the analysis and policy that underpins that transformation.
Please ensure you demonstrate clearly, within your personal statement, how you meet each of the criteria below (not more that 1250 words). In the event that we receive a large number of applications, an initial sift may take place on just the lead criteria indicated below.
Essential Criteria:
We'll assess you against these behaviours during the selection process:
Alongside your salary of £49,452, OFGEM contributes £14,326 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
Ofgem can offer you a comprehensive and competitive benefits package which includes;
Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.
Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.
This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours and Experience.
When you press the ‘Apply now’ button, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications.
You will then be asked to provide a 1250 word ‘personal statement’ evidencing how you meet the essential skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the criteria listed in the role profile. In the event of receiving a large number of applications, an initial sift may take place on just the lead criteria indicated in the essential criteria.
The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected, you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by [https://www.cifas.org.uk/fpn].
At Ofgem, we expect our staff to carry out their roles with honesty, fairness and openness. They should follow the Civil Service code and be free from any influence or bias. We are committed to making sure interests are recognised, declared and managed appropriately so that we can fulfil our duties as an energy regulator. Our Conflicts of Interest policy outlines the types of interests Ofgem staff must declare before onboarding, and the rules they must follow throughout employment so that we can clearly demonstrate that our decisions are not influenced by private interests.
Feedback will only be provided if you attend an interview or assessment.
Successful candidates must undergo a criminal record check.
People working with government assets must complete baseline personnel security standard (opens in new window) checks.
This job is broadly open to the following groups:
Further information on nationality requirements (opens in a new window)
The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants. We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).
The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.
The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.
The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).
This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.
The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.
Appointment to the Civil Service is governed by the Civil Service Commission’s Recruitment Principles. You have the right to complain if you feel there has been a breach of these Recruitment Principles.
464401 - Economic Advisor - Candidate Pack Opens in new window (pdf, 743kB)
464401 - Role Profile - Economic Advisor Opens in new window (pdf, 133kB)
Terms and Conditions April 2025 Opens in new window (pdf, 335kB)
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