Renewable Energy Risk Management Analyst, OVO
£45-50k
+ On-target bonus of 15%
More information about location
1+ day a week in office
Powering human progress with clean affordable energy for everyone
Job no longer available
Powering human progress with clean affordable energy for everyone
1001+ employees
Job no longer available
£45-50k
+ On-target bonus of 15%
More information about location
1+ day a week in office
1001+ employees
Company mission
To lower carbon emissions to zero by 2035, helping our customers reduce theirs at the same time - we call this Plan Zero.
Role
Who you are
- Have at least 2+ years experience as an analyst in a commercial or risk management environment (ideally in energy or a related field)
- Have analytical and numerical capabilities, demonstrated either through a degree in a numerical or science based subject or equivalent work experience
- Have the ability to cut through the noise and provide actionable insight and pragmatic solutions based on a variety of data and information
- Ideally have experience using BigQuery, Python or equivalent languages to build robust analysis and reporting, or have a strong desire to learn
- Are confident managing and manipulating large datasets with a high level of accuracy and attention to detail
- Are willing to take the initiative in addressing complex challenges. You should thrive off direct responsibility
- Are flexible and willing to contribute across a range of projects
- Have a drive to learn and develop new skills in a fast paced environment
- Are a self-starter, comfortable working both autonomously and with colleagues to deliver value in a small, high-functioning team
What the job involves
- You’ll work with our Renewable Energy Ops and Analytics team to deliver innovative approaches to risk management for our portfolio of renewable generators.
- You’ll lead on analysing out turn performance and proposing and implementing mechanisms to improve commercial performance and reduce risk within our Power Purchase Agreement (PPA) business unit. You will be led by the data - whilst thinking creatively to solve challenging problems
- Developing and operating accurate and timely reporting on PPA business unit performance
- Providing insight and analysis into performance data to drive meaningful business decision making
- Performing analysis of the risks and costs associated with renewable energy procurement to drive improvements in valuation and risk management performance
- Performing regular analysis of renewable energy data to support the accurate pricing and forecasting of PPA contracts
- Working with the wider Energy Portfolio Management function to define and implement cost effective risk management approaches to deliver PPA profitability and reduce risk
- Providing commercial and analytical support to the wider Renewable Energy team as required
Salary benchmarks
Our take
On average, home energy represents 26% of our carbon footprint. Ovo Energy wants to bring this to zero by providing cheaper, greener and simpler energy to customers. It's analysing meter data to deliver easy, personalised actions, turning electric vehicles into power stations with clever chargers, and building energy-efficient heaters. For households, it's offering is organised into four different energy plans, that include interest rewards on energy credit balance.
In 2020, OVO completed the acquisition of SSE Energy Services' retail arm for £500 million, meaning that the challenger brand now has around 4 million customers in the UK.
While helping Ovo members halve their carbon footprints, the company is also working towards becoming a net zero carbon business by 2035. The challenges ahead for the company include encouraging consumer behaviour change, shifting towards subscription models for home energy use.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Inspiring mission
"The mission to provide Green energy to all customers, and to enable all our customers to start on a journey towards zero carbon living is written in..."
Funding (last 2 of 3 rounds)
Jul 2023
$268m
GROWTH EQUITY VC
Feb 2019
$268m
GROWTH EQUITY VC
Total funding: $577.6m
Company benefits
- On-target bonus up to 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal
- Flex Pay: 9% on top of your salary - 4% of this is auto enrolled into your pension, and the remaining 5% is yours to do what you like with. You can use this to buy from our extensive range of flexible benefits, including our green benefits which we've put at the heart of our offering, add to your pension or even take it as cash
- 34 days of holiday (including bank holidays)
- For your health: With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more
- For your wellbeing: With gym membership, travel insurance, workplace ISA, will writing services, dental insurance, and more
- For your lifestyle: With extra holiday buying, discount dining, home & tech loans, and supporting your favourite charities with give-as-you-earn donations
- For your home: Get up to £400 towards any OVO Energy plan, plus great discounts on solar, smart thermostats and EV chargers
- For your commute: Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans
- For your belonging: To find better ways to support our people, we need to listen to each other’s experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It's up to you
Company HQ
Redcliffe, Bristol, UK
Leadership
David Buttress
(CEO)CEO of OVO, the UK’s 3rd largest energy supplier. Joined in May 2024.
Diversity, Equity & Inclusion at OVO
Alessandro Storer (Head of Inclusion & Belonging )
- We run inclusive training and unconscious bias workshops for employees and interviewers
- We provide mental health support, through different networks, having mental health first aiders within the business and running initiatives like our "wellbeing Wednesdays" to promote this.
- We have dedicated Early Years programmes with a focus on underrepresented groups, offering different training opportunities within the business.
- We invest in tools, like Textio, and focused I&D job boards to help us reduce bias in our job postings and recruitment activity.
- Commitment in improving diversity across our Tech Teams and working with companies to improve the tech ecosystem as a whole, specifically have committed to at least 30% Women in Tech at OVO by 2026
- We've signed up to numerous charters, like the Tech Talent Charter, Race at Work Charter and Trans in the City, to show our continuing commitment to improving I&D within OVO and the wider community
- Within OVO we have multiple belonging networks and communities set up, to offer support and forums for everybody
- Read more about our commitments to improving Diversity & Inclusion at OVO in our linked belonging report
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