UK Regulators' Network
Economist – Business Retail Market
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Ofwat
We regulate the water sector in England and Wales, https://www.ofwat.gov.uk/jobs/make-a-splash/
Requirements of the role
We are seeking an Economist to join our Business Retail Market team at Senior Associate level. The team has a multi-faceted programme of work aimed at improving the Business Retail Market so that it delivers better outcomes for customers, society, and the environment. We aim to do this through setting initiatives on regulatory customer protections, improving company performance, and monitoring and enforcement work, and working with industry to identify and implement improvements to market functioning. All our work here involves extensive engagement with external stakeholders.
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Now is a particularly exciting time to join the team as we are at an important juncture in the development of the market – we have recently established revised customer protections. Work is underway to improve supplier of last resort arrangements in the market and to review retail price caps for the Business Retail Market. We are also stepping up our market monitoring and work to ensure companies comply with their obligations with respect to customer protections.
This role has an important and valuable contribution to enable us to deliver on our goals and regulatory commitments. As an Economist, you will lead or support projects across a range of impactful work areas. A key work strand will be our review of price cap restraints, including cost assessment and benchmarking work, where you will help drive a number of workstreams and provide support for others. Your role will also include developing our further understanding of the development of competition in the market and how it is delivering for customers alongside monitoring company compliance with market codes. This will involve analysing company and market performance data for the water industry and other comparator sectors.
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Location
London, Birmingham
Contract type
Full time, Job share, Loan, Part time, Permanent, Secondment
Profession
Analysis, Consumer, Data, Economics, Policy, Regulation, Stakeholder Engagement, Strategy
Working pattern
Flexible working, Hybrid
Closing Date
01/10/2026
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