Regulatory Economist

Regulatory Economist

Are you ready to drive strategic insight through economic analysis? We are seeking a Regulatory Economist to deepen our understanding of market dynamics, influence regulatory reform, and shape our competitive strategy. In this role, you will provide data-driven analysis, build compelling evidence-based cases, and manage financial and pricing assessments that support our business in a regulated environment.

This is a unique opportunity to play a pivotal role in shaping our regulatory strategy and helping us navigate the competitive landscape. If you’re an economist with a regulatory mindset and a knack for clear, impactful analysis, we’d love to hear from you!

About the role

• You'll draft detailed responses to Ofcom consultations, advocating Royal Mail's position on regulatory reform. Prepare and deliver internal presentations and documents, conveying regulatory insights to support strategic decisions.
• Conduct market analysis and margin squeeze assessments to inform pricing strategies. Support any arising investigations by providing accurate, thorough economic analysis.
• Lead the USPA6 (margin squeeze test) submission process to Ofcom, ensuring accuracy, timeliness, and full stakeholder engagement.
• Ensure timely, complete, and accurate regulatory financial reporting, working cross-functionally to guarantee reviews and approvals.
• Develop a deep understanding of mail market dynamics, enabling the business to assess competitive pressures and refine product strategies.
• Effectively communicate economic and regulatory financial concepts to senior executives in a clear, non-technical manner.

About You

• Minimum of a bachelor’s degree in economics or related field (Postgraduate degree preferred), with a strong ability to apply economics in a business context.
• Solid experience in regulatory or competition economics within the UK, ideally within a regulated industry or with a competition authority.
• Experience with sector regulation is advantageous.
• Exceptional numerical and analytical skills, with a proven ability to identify, interpret, and distill relevant financial data.
• Strong written and verbal communication skills, able to present complex analysis to non-specialists. Proven stakeholder management skills and an ability to build effective working relationships across all levels.

Extra Benefits

RMG Share Schemes

• Partnership and matching share offer

Family friendly support

• Enhanced maternity pay, paternity leave, adoption leave and shared parental leave

Discounts and offers

• There are more than 800 offers to help you save on things like groceries, days out, holidays and your household bills.

Your Wellbeing: You and your family have 24/7 access to services and tools to help you get the most out of life. From your physical and mental health to financial and social support and advice. It’s free, and it’s for everyone.

Next Steps

Closing Date: Wednesday 20th November 2024. Please note, this advert may close early if the appropriate number of applications has been reached.

The next stage of the selection process will be a face-to-face interview with competency-based and role-specific questions, online questionnaire plus a pre-prepared presentation. We plan to hold interviews at Royal Mail, 185 Farringdon Road, London, EC1A 1AA.

Trust forms the foundation of everything we do in Royal Mail. We want to be transparent about what kind of qualities we are looking for and build trust from the very beginning of your journey with us. The first step is your interview, and we mean ‘your’ interview. We want to give you the opportunity to shine. To enable you to do this, we will provide you with your interview questions ahead of the interview taking place. This will allow you time to prepare, and ensure you have your best examples in mind. Royal Mail Group values both trust, and our people.

We don’t expect every candidate to meet the full criteria for the role. If your experience looks a little different from the job requirements, but you feel you have the relevant skills to bring value to the role, we’d love to learn more about you.

Royal Mail are proud of our diverse employee network groups and the active role they play to support belonging and encourage a positive work environment. We are firmly committed to inclusion and passionate about our people representing the communities we serve.

We are happy to support your need for any adjustments during the application and hiring process. Please share the details within your application if required.

We are Forces family-friendly and a Gold signatory to the Armed Forces Covenant. We welcome applications from ex-Armed Forces personnel, reservists, veterans, cadet instructors, and military spouses/partners.