Current vacancies

Economist

Job details

No. of posts: 1
Vacancy Reference Number: OGA 071
Grade HEO
Salary: £33,360
Location: London
Travel to other locations with UK? Yes
Some ocassional travel within the UK
Appointment Type Permanent
Appointment Term Full time
Level of Security clearance Basic
Medical required? No

Unless otherwise stated consideration will be given to requests to work on a part time or job share basis. Flexible working hours can also be considered.

Application details

Closing date for applications: 28 Sep 2018

Brief overview of role

The OGA seeks an Assistant Economist to join an established team tasked with supporting the aim of maximising economic recovery of the UK’s hydrocarbon resources. This is a key position within the Economics Team, which is led by the Head of Economics.

The role will contribute to rigorous economic analysis and advice, modelling projects across the lifecycle of the oil and gas industry, impact assessments and case based activities, including work with industry and Government departments. The Economist will work closely with OGA stakeholders to ensure the robustness and effective communication of analysis.   

As a member of the OGA Economics Team, the post holder will be eligible for Associate Membership of the UK Government Economic Service (GES), the professional body for economists in government. Associate Membership provides access to the GES Members’ website and the ability to register for GES seminars, mini conferences and social events, in addition to information about the GES Continuous Professional Development (CPD) recommendations.  

The role will be based in London, reporting to the Head of Economics.

Detailed job description and key responsibilities

  • Be responsible for running and updating OGA economic models of the UKCS and communication of outputs.
  • Identifying analytical and data gaps for OGA purposes and working on wider data, analysis and modelling issues; analysing economic data, research and supporting policy development.
  • Undertaking rigorous economic assessments of key production hubs to explore the drivers of continued investment.
  • Undertake economic appraisals of Field Development Plans and Cessation of Production submissions.
  • Where relevant: respond to requests for data, and other external requests from industry, civil society and academia; present ad-hoc and standard economic research, analysis, forecasts, and recommendations in formats effective for various internal and external stakeholders.
  • Lead on the OGA’s obligations in relation to Better Regulation and the Business Impact Target, ensuring that fit for purpose Impact Assessments and reporting requirements are completed in a timely manner.
  • Assist the Economics team in meeting routine obligations of the OGA by working closely with Whitehall Departments, playing a key role in decision making and options analysis.

Person specification

  • Competence 1: Changing and Improving - Open to change and can communicate the need for it. Encourages a culture of innovation and sharing.
  • Competence 2: Building Capability for All - Works and communicates effectively and fluently with managers and staff - able to explain complex technical issues in terms that non-technical managers and staff will understand.
  • Competence 3: Managing a Quality Service - Considers the diverse needs and requirements of customers. Plan, manage and organise time effectively to deliver high quality services.
  • Competence 4: Delivering at Pace - Able to meet deadlines in an agile manner, prioritise and organise a busy schedule of work; Creative, enthusiastic and committed to the role; Proactive, taking action and anticipating opportunities.

Specialist Skills, Qualifications, Experience, Licenses, Memberships or Language

Essential Desirable
• At least a 2.1 honours bachelor’s degree (or international equivalent) in economics or related discipline. If your degree is a mixed degree with economics as one of the subjects, then at least 50% of the course modules must be in economics.
• If your first degree is in another subject, you either need a Postgraduate Diploma or a taught Masters in economics.
• Ability to translate complex economic / technical material into user friendly explanations.
• Knowledge and application of economic concepts and techniques e.g. data analysis, strong economic modelling skills, cost-benefit analysis, economic appraisal and impact assessments.
• Advanced degree (MSc) in Economics, or related subject, preferably within an energy or oil and gas context
• Experience and understanding of energy and/or oil & gas economics.
• Work experience of, or good understanding of, corporate finance; competition economics; and/ or regulatory economics.
• Experience of oil and gas economics modelling software

Application Process and Further Information

Unfortunately you do not meet minimum nationality and educational requirements of this position.

Completed applications will only be accepted via the online application process below, however, if you do require the application form in a different format please contact us at  OGArecruitment@ogauthority.co.uk quoting the recruitment reference number and job title.

You should provide examples in your covering letter that best demonstrate your skills and abilities against the competencies and specialist skills. The maximum word count against each competence example is 250 words. The information you provide will be assessed during the short listing stage and if you are invited to attend an interview, the indicated competence areas will discussed further.

When completing your application, you should use the STAR format (Situation, Task, Action and Result) methodology for each competence. All appointments are subject to successful completion of pre-employment checks

For further information please see the Information to Candidates pack (PDF)

Additional information on what you can expect as an Oil and Gas Authority employee

Apply online

Equality and diversity statement

The OGA is committed to embedding equality and diversity into all our policies and processes. We will aim to recruit, retain and promote staff on the basis of competence and regardless of characteristics including those listed under the Equality Act 2010. These protected characteristics are; age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion and belief, sex and sexual orientation