Economic consultant in the regulated utility sectors

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7th August 2017

Lincolns InnOverview

At CEPA, we recruit exceptional economists from a wide range of backgrounds, including from consulting, financial advisory, industry, international institutions, governments and regulators.

Our staff provide robust, evidence-based public policy advice to clients ranging from regulators such as Ofgem, Ofwat and Ofcom, to network companies, large consumers and investors as well as governments across most continents.

Our team is growing and we are currently looking for individuals with two to four years’ experience of working with regulated utility networks – and particularly in the energy, transport and water sectors – to join our dynamic team.

Why work at CEPA

CEPA is an internationally respected economic and financial policy advisory business that makes a meaningful contribution to policy and decision making exercises in the UK and abroad. To date, we have worked on over 500 projects in over 50 countries, with our analysis drawing upon expertise and insight from across CEPA's service lines and sector offerings.

Our Energy, Water and Transport Practices work with leading regulators, governments, research groups and companies. Our clients across these practices include: British Airways; Centrica; the Civil Aviation Authority; the Competition Commission of Singapore; the Czech Ministry of the Environment; EdF Energy; EirGrid; the Energy Users Association of Australia; Heathrow Airport; Ofgem; Ofwat; Transport for London; the UK and South African Departments for Transport; Thames Water; the World Bank and many others.

You would be joining a dynamic team of nearly 40 full-time economists working across a range of sectors, and offering a wide range of skills, experience and interests. Our project teams are flexible and enable you to work with a wide range of staff members, associates and industry experts. We don’t operate using a system line managers. Instead, all staff have a designated mentor for professional development purposes and report to the project managers responsible for their ongoing projects. We are not hierarchical: we encourage all grades of staff to participate in brainstorming, knowledge and skills sharing exercises in a collaborative manner to promote continuous on-the-job learning.

Equally, as a company originally established at Cambridge University, lifelong learning and education are intrinsic to our corporate values. In addition to on-the-job learning, we encourage all of our staff to participate in internal and external training exercises, conference series and industry intelligence events.

What to expect as a Consultant at CEPA

As a Consultant at CEPA you will:

  • actively contribute to CEPA’s consultancy projects for our wide range of clients by leading core areas of analysis and managing workstreams within projects;
  • use a range of economic and financial analysis skills to provide advice that helps shape our clients’ business and policy decisions;
  • work in project teams reporting to your project manager(s) for your ongoing project(s) as well as advising and helping to develop more junior colleagues;
  • support new business development, including through leading key aspects of bid documents;
  • develop and acquire new skills by participating in internal and external training and educational opportunities; and
  • contribute to more general practice management and company improvements.

Most of your day-to-day work will be conducted in our London office, however you may be required, at times, to travel and work at clients’ sites (in the UK and internationally). 

What skills and experience do we look for in candidates?

First and foremost, we look for exceptional people with a desire to contribute to the development of meaningful, evidence-based policy. We also look for people that can take complex problems and use strong problem solving and communication skills to deliver robust solutions to clients in straightforward, non-technical language.

While all candidates must offer relevant work experience and a strong academic understanding of economics to be considered, we value diversity. Our staff come from a wide range of academic and professional backgrounds, which helps us to ‘think outside the box’ when helping our clients to solve problems and provide robust policy advice.

It is expected that candidates will have the following skills and experience:

  • two to four years of relevant experience, gained in consulting, financial advisory, industry, international institutions, government or at a regulator;
  • an interest in public policy and a desire to contribute to the development of meaningful, evidence-based policies;
  • a postgraduate degree in economics, finance or another relevant discipline, although, outstanding individuals with only an undergraduate degree will also be considered;
  • strong quantitative and qualitative analytical skills;
  • fluency in English;
  • excellent written and spoken communication skills; and
  • experience of using Microsoft packages including Word and Excel.

Although not ‘must haves’, it is also desirable for candidates to have the following skills and experience:

  • previous consultancy experience;
  • experience of working across more than one of the energy, water and transport sectors;
  • strong econometric and financial modelling skills, with knowledge of statistical software packages such as STATA;
  • experience of working with UK regulators and HM Government departments; and
  • language abilities in Spanish or French. 

Other requirements

Candidates should have the ongoing legal right to work in the UK. Please provide details of your eligibility to work in the UK in your application.


A highly competitive consultancy remuneration package will be available for the right candidate. CEPA places significant emphasis on performance-related pay through its bonus system.

As well, beyond the annual bonus system, staff benefits include:

  • health, life and travel insurance,
  • 25 days paid holiday per year excluding UK bank holidays,
  • a corporate cycle scheme,
  • a staff mentorship scheme, and
  • a staff shadow dividend scheme.

Application Process

Applicants should send a full CV and covering letter to CEPA Careers either by applying online or by emailing

CEPA welcomes applications from all sections of the community. We recognise and actively promote the benefits of a diverse workforce and are committed to treating all employees with dignity and respect regardless of race, gender, disability, age, sexual orientation, religion or belief.