EY Opportunities within Economic Advisory - London (UKI) in London, United Kingdom

Opportunities within Economic Advisory - London (UKI)

Transaction Advisory Services

Requisition # LON00BJT

Post Date Feb 26, 2018

EY's Economic Advisory team of over 40 Economists, is now looking to expand significantly on its existing economics practice to capture exciting opportunities, particularly within the telecommunications, media and technology, power and utilities, health and transport sectors and in in the area of economic policy. As a result, we are looking for skilled post-graduates or equivalent professionals with experience in economics to grow our team to the next level.

EY’s Economics Advisory team combine deep sector knowledge with strong technical skills in economics, econometrics and quantitative analysis to address key client issues in strategy, regulation, competition, planning and government policy.

Technical skills requirements

Suitable applicants will be highly numerate and analytical Master-level Economics graduates with at least 2-3 years of experience as economist/corporate planner employed in the private, regulatory or the public policy sector.

For these roles, it would be advantageous to have knowledge of any of the following:

  • A solid understanding of the principles of regulatory economics, regulatory finance/accounting and/or econometrics;

  • Specific experience designing, influencing or optimising economic regulation (price controls) or market arrangements;

  • In the context of price controls, specific experience of designing incentive mechanisms, assessing efficient expenditures, allocating costs and assets, estimating the cost of capital and/or determining access charges or network tariffs;

  • Knowledge of the electricity system, how it is likely to evolve in future and the potential implications for system operator(s);

  • Specific experience in relation to Ofgem’s RIIO price control framework, Ofwat’s PR14 price control framework (and related Water 2020 programme) and/or wholesale energy markets;

  • Behavioural economics and customer engagement;

  • An ability to solve complex problems in a logical and structured manner;

  • Excellent written and verbal communication skills, including an ability to explain complex technical issues to a non-technical audience;

  • Excellent inter-personal skills and ability to work effectively within a team.

  • Strong academic and professional background in Economics, Business or Industrial Economics or Econometrics

  • Experience of competition and regulatory economics, strategy, business planning, costing and pricing

  • Experience of applying economic theory to the development and evaluation of public and regulatory policy

  • Experience of the development economic impact assessment

  • Experience in Economic policy and/or experience in one of our target sectorsAdditional skills requirements

  • Has logical and rational approach to complex problem solving

  • Has excellent written and verbal communication skills; can explain complex technical issues to non-technical staff

  • Builds relationships with clients and EY teams

  • Deals confidently with stakeholders and client staff and builds credibility for the firm

  • Responds quickly to client requests for information or guidance, referring the issue to more senior staff where appropriate

  • Recognises opportunities to contribute to client issues when they arise and assists in providing solutions

  • Actively promotes the sharing of knowledge

  • Contributes pro-actively to building team spirit and works effectively across teams

  • Delivers to demanding deadlines maintaining the discipline and quality of outputClient responsibilities

  • Provide or contribute to economic analysis as part of client engagements

  • Prepare and present clear reports to support these analyses and solutions

  • Demonstrate a strong understanding of Excel and other suitable solution platforms

  • Manage own time to budgets and communicate progress against plan to assignment manager

  • Apply or refer to a basic range of EY services and products in meeting clients' needs

  • Proactively manages own career path and development Who we areAt EY we support you in achieving your unique potential both personally and professionally. We give you stretching and rewarding experiences that keep you motivated, working in an atmosphere of integrity and teaming with some of the world's most successful companies. And while we encourage you to take personal responsibility for your career, we support you in your professional development in every way we can. You enjoy the flexibility to devote time to what matters to you, in your business and personal lives. At EY you can be who you are and express your point of view, energy and enthusiasm, wherever you are in the world. It's how you make a difference.The right transaction can enhance an organization's growth, competitiveness and profitability. As a transaction professional at EY, you'll help clients evaluate structure and execute their most important deals. You'll work in a dynamic, forward looking environment; in what is currently the only integrated global transaction business worldwide. You'll have direct contact with clients and gain valuable experience across industries and geographies, learning from top minds in today's transactions arena. We'll help you achieve your potential by giving you leading professional development opportunities. At EY, we know it's your point of view, energy and enthusiasm that make the difference.

Who we are

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.