Company description:
Water Utility Company based in Yorkshire region of England.
Job description:
Economic Regulatory Policy Manager
Hello! Thanks for stopping by. Let us tell you about all the great reasons to join us here at Yorkshire Water:
- We offer a competitive salary, depending on experience £50,867 - £65,000
- A company car lease/allowance scheme (£2,510 cash allowance)
- Annual incentive related bonus (up to 10% of annual salary)
- Private health care (self only)
- Attractive pension scheme (up to 10% company contribution)
- Life assurance cover of 4 times pensionable salary
- 25 days annual leave plus bank holidays - plus an extra wellness day!
- A great benefits package - choose from health cash plan scheme, critical illness insurance, dental insurance, life assurance flex and partner cover.
- Retail savings scheme
- Online GP service, cycle to work scheme, gym membership discounts and many more!
Location: Bradford / Hybrid Working (1-2 office days a week - Bradford)
Work type: Permanent. 37 hours per week, Monday - Friday.
We have an exciting opportunity for a Economic Regulatory Policy Manager to join the Strategy & Regulation team at Yorkshire Water and be a part of helping Yorkshire Water to provide the best service to our customers. Could this be you?
What we do:
Everyone has an idea of what a water company does. Here in Yorkshire, we make sure that over 5.4 million people living in the region and the millions of people who visit our region each year, can rely on our services, and have clean and safe drinking water on tap and that their wastewater is taken away. But for us, it's so much more than this.
We look after communities, protect the environment, and plan to look after Yorkshire's water, today, tomorrow 24/7, 365 days a year. We provide essential water and wastewater services to every corner of the Yorkshire region, and play a key role in the region's health, wellbeing, and prosperity.
New environmental legislation, unprecedented levels of investment and changing expectations from customers means that this is an exciting time to discover opportunities within the water industry. Strategy & Regulation are a key part of how we plan to meet the changing expectations of customers and regulators.
The purpose of the Economic Regulatory Policy Manager role is to provide expert regulatory policy insight and analysis; help the business to develop its understanding of new regulatory requirements and opportunities; and respond to regulators to shape the implementation of policy.
The Economic Regulatory Policy Manager will also provide information and guidance to business functions and senior leadership on competition matters. This will include both regulated markets and emergent markets, including new connections, new appointees (NAVs), business retail and water bidding.
Where you fit in:
As our EconomicRegulatory Policy Manager you will
- Lead the production of regulatory submissions to the economic regulator. This will include consultation responses and calls for evidence.
- Provide expert policy advice and analysis relating to regulatory consultations.
- Lead and co-ordinate virtual teams of cross-business experts and stakeholders for key regulatory policy projects. Help business colleagues understand and assess impacts of changes to the regulatory framework, including support with benchmarking.
- Influence and shape emerging policy by working closely with the business, including Corporate Affairs.
- Influence the industry level agenda by representing the company to Ofwat, through working groups and forums, as part of sector wide organisations such as Water UK and CCW.
- Produce regular Board reports and communication materials on behalf of the Head of Regulation and/or the Director of Strategy & Regulation and attend and update governance groups as required - for example the Regulatory Issues Group and the Competition & Markets Committee.
- Support the development of content and documentation for the Price Review for regulated markets and other themes relevant to subject expertise.
- Engage and influence colleagues at all levels in important areas of the regulatory framework, promoting and improving awareness across the company of the regulatory framework and tools.
- Scope and commission expert external consultancy, as required, to support the development of company positions and evidence to support robust regulatory submissions.
What skills & qualifications you will need:
- Degree qualification or equivalent.
- Experience and knowledge of regulatory frameworks and regulatory approaches used in UK, including incentives and competition.
- Good analytical skills and ability to interpret the consequences of regulatory policy implementations and formulate business responses.
- Excellent communication skills, with the ability to engage audiences of all levels and explain complex ideas and concepts effectively.
- Excellent report writing skills to develop high quality content.
- Good interpersonal skills and can develop and maintain effective internal and external relationships, including with senior stakeholders.
- Ability to form and work collaboratively with virtual teams of experts and stakeholders, and within a matrix programme management environment.
- Dependable and diligent in working to tight internal and external deadlines.
You will also benefit from having:
- In depth knowledge of the issues facing the water sector in the UK and the regulatory horizons.
- Experience of the role of markets and competition, behavioural or environmental economics.
- Commercially astute and aware of the key regulatory and legal implications of competitive markets.
Although we operate 24 hours a day, 365 days a year, it's important to us that we support flexible working patterns and job share options (when we can), to help you make the best of both your work and home life. We know that juggling childcare responsibilities or getting that ideal work/life balance isn't always easy!
Do we sound like your cup of tea?
If you've got experience in economic regulatory policy management and want to help us deliver great service for our customers whilst looking after the environment, then be sure to apply today to find out what a career with Yorkshire Water can offer you.
Closing date - 21st November 2024
If successful for the role, you will be required to undergo pre-employment checks that will include a Basic Disclosure Check, carried out through a Third-Party Company, prior to commencing employment. Depending on the role, you may also be required to go through the security vetting process for either a Counter Terrorist Check or Security Check clearance.
All our roles are subject to a medical questionnaire, and further medicals when required.
We are proud to serve the Yorkshire region and are committed to creating a diverse and inclusive environment that is reflective of the communities we serve. We strongly encourage candidates of all different backgrounds to apply.
Kelda Group reserve the right to close this position before the published closing date, should the need occur. We therefore advise that you complete and submit your application as soon as possible.
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