Special Projects Manager, Octopus Energy Group
Octopus Electric Vehicles
Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary
2+ days a week in office
Entech company
Be an early applicant
Entech company
1001+ employees
Be an early applicant
Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary
2+ days a week in office
1001+ employees
Company mission
Octopus Energy's mission is to speed the transition to a sustainable, low carbon future through renewable energy and technology whilst putting customers at the heart of everything they do.
Role
Who you are
- Are you a high performing strategy consultant, investment banker or VC looking to move into a market-leading, rapidly growing, green business? Would you suit a highly varied role, working in a close-knit and high-impact team, directly supporting the continued growth of the Octopus Electric Vehicles business? Then read on…
- We are keen to find individuals who can bring diversity of thinking and intellectual challenge, enabling the team to better support the business
- 3 to 5 years of consulting, M&A or VC experience
- Experience across multiple varied project types, including implementing solutions
- Demonstrable interest in clean energy/EVs/energy transition
- Ability to multitask supported by strong organisational skills and the ability to prioritise tasks
- Ability to manage with uncertainty / poorly structured asks
- Ability to deploy strategic frameworks to provide structure to unstructured problems
- Willingness to manage with limited data
- Desire to help the team and wider business to grow
- Strong quantitative abilities including ability to develop Excel models at pace
- Interest in driving EBITDA performance improvements for the business
What the job involves
- The Special Projects team works directly with our Strategy Director on crucial strategic initiatives across Octopus EV to support our ambition to drive the uptake of EVs in the UK
- Due to the nature of the role, we aren’t entirely sure the projects you will work on, however we can guarantee that they will have an outsized impact on the business
- Since the team was set up, they have:
- Revamped end-to-end activities related to customer retention
- Reviewed potential acquisition opportunities
- Explored a potential international expansion
- Worked to launch a cutting edge new product at the intersection of energy flexibility and vehicle finance
- Often working across multiple projects concurrently, you will be expected to be flexible and comfortable undertaking varied activities. You will be expected to:
- Own and deliver work-streams and projects with support from the Strategy Director and other leaders across the business
- Work with the Strategy Director on projects to identify and test hypotheses to solve challenges without perfect data
- Process data efficiently in a structured manner to support hypothesis testing
- Develop strategic solutions to challenging problems and undertake / support the delivery of proposed solutions
- Ask “Why?” - challenge the status-quo in Octopus EV and help to identify potential routes to improvement
- Support the creation and embedding of tools to support increased efficiency across the business
- Plan activities and proactively identify upcoming challenges with project delivery, seek out and implement potential mitigations with senior support
- Write slides and Word documents to communicate outcomes of ongoing analysis
- Actively participate in variety of meetings with stakeholders from across the organisation and external parties
- Become a key member of the Special Projects team, working with the business to deliver meaningful results to the organisation
- Support review of potential acquisitions and development of market entry strategies
- Engage with colleagues across the business on a wide variety of topic areas
Salary benchmarks
Our take
According to Octopus, the energy industry in the UK is ruled by a handful of complacent companies peddling fossil fuels, pricing trickery, and poor customer service. Aiming to disrupt the status quo with sustainable energy, Octopus entered the market in 2016 and they now supply energy to millions of homes in a number of countries. Octopus has made a name for itself in energy circles largely because of its “Kraken” technology platform, which it claims is able to reroute energy from renewable sources around a network far more efficiently than competitors.
Octopus Energy further differentiates itself through its aspiration to make everything as easy as possible for consumers, from the simplicity of their bills and the fact that customers are not locked into a contract so they can leave at any time to offering customer service over email and social media at times that suit customers. They aim to make the eco‐friendly choice the easy choice, so all of their tariffs use 100% green electricity, while not being more expensive than their competitors' non-green tariffs.
They are continually creating innovative new products. For example, Octopus Tracker where prices changes daily to guarantee you get the market rate; Agile where the price changes every half hour to enable you to benefit from cheap electricity when the sun shines, the wind blows, and the networks are under-utilised. One of the current challenges they face is that their products are more complex than their competitors, given they use 1000x more data than traditional energy companies. They're exploring ways to explain to customers exactly how their products work.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Challenging work
"The work that I am doing is often quite difficult. I am constantly challenged and problem solving, which I find rewarding as it means I am always..."
Funding (last 2 of 6 rounds)
Dec 2023
$800m
GROWTH EQUITY VC
Jul 2022
$225m
GROWTH EQUITY VC
Total funding: $2.5bn
Company benefits
- Your development is important - we support and help with development including internal and external courses, learning, study support etc, all bespoke to you
- Flexi working environment
- Equity Options Scheme - you own your own part of the business, share options in the whole Octopus Energy Group so we all work together towards success
- Unlimited paid time off policy
- Work from home opportunities
- Equity Option Scheme - Everyone owns part of what we’re building with shares
- Tech - We want to get the best out of our people and get that everyone is slightly different. Have a certain tech requirement? We’ll do our best to get it
- Money Coach - You may want to think about financial planning. The company has an arrangement with Octopus Money Coach. They offer the opportunity to talk with a professional coach
- Wellbeing - Need some calm in your life? We have 'Octopus Headspace Licences' available. Twice a week we have 45 Minute live yoga class open to all Octopus staff!
- Parents - get access to tax free childcare and maternity and paternity pay. We’re always looking for new ways to support parents, during lockdown we created OctoKids TV to help keep your kids occupied and entertained (https://octopus.energy/blog/octopuskids/)
- Office culture - Our offices are stocked with fruit, breakfast, great coffee, and soft drinks (and ice lollies if you're lucky)! Weekly on a Friday we all get together (this happens virtually too) for company updates and drinks - we call it Family Dinner. We won best company to work for in 2019 and our CEO, Greg has recorded a podcast about our culture and how we empower our people. Check out what our people say at Glassdoor!
- Car Salary Sacrifice - Browse the wide selection of electric vehicles and get a sample quote under our workplace salary sacrifice scheme. If approved, the monthly leasing costs are taken directly from your gross salary each month meaning you're saving on paying some tax
Company values
- Autonomy
- Empathy
- Innovation
- Impact
Company HQ
Fitzrovia, London, UK
Articles
Leadership
Greg Jackson
(CEO)Previously Adviser at Ashcombe Advisers for 9 years and Non-Executive Director at Zopa for 7 years.
James Eddison
(CTO)Previously CEO at Claripoint for 7 years and CTO at Tangent Labs also for 7 years.
Stuart Jackson
(CFO)Previously Director of "Foundation" Business Unit at Barclaycard for 2 years and Chief of Staff, Secured Lending SBU at Barclays also for 2 years.
People progressing
Joined as Marketing Assistant, being promoted to Marketing Executive after 6 months and again to Junior Product and Marketing Manager after 7 months. After 8 months they became a full Product and Marketing Manager.
Joined as Senior Talent Partner, being promoted to Talent Manager after 1 year and again to Head of Talent Acquisition after 8 months.
Diversity, Equity & Inclusion at Octopus Energy Group
- Unconscious Bias workshops for interviewers and hiring managers
- Octopus Energy Equality Foundation
- Partnership with the Saracens High School - inspiring future generations - https://www.saracens.com/powering-futures-together-saracens-high-school-octopus-energy/
- Octopus Energy Internships - https://octopus.energy/blog/ada-lovelace-tech-internship/
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