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Energy Forecasting Analyst

On-site Full-time

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Experience Level

Mid to Senior

Qualifications

Qualifications and Skills:A strong academic background in a numerical or analytical field. Exceptional numerical proficiency and analytical capabilities. Proficient in IT skills, particularly in spreadsheet management; knowledge of database and programming skills is a plus. A solid understanding of the UK electricity market, relevant commodity markets, and the key factors influencing them. Outstanding oral and written communication skills, with the ability to convey complex information clearly and effectively to diverse audiences. Familiarity with interconnected power markets and trading practices is advantageous, but not mandatory. Capability to perform fundamental market analysis grounded in economic theory.

About the job

Join a dynamic and commercially driven energy firm as an Energy Forecasting Analyst. This role is perfect for a detail-oriented graduate or an experienced energy analyst who is eager to enhance the profitability of our trading and hedging operations. You will collaborate with a close-knit team to deliver impactful insights that drive strategic decision-making.

The ideal candidate will possess strong numerical skills and analytical expertise, ideally with prior experience in an energy commodity trading, risk, or pricing environment within the UK energy sector.

(Our offices are conveniently located for easy commuting from Bristol, Cardiff, and Gloucester.)

Key Responsibilities:

  • Develop and enhance existing price forecasting models, methodologies, and databases.
  • Continuously monitor market trends and regulatory changes, evaluating news reports and external consultant forecasts.
  • Regularly update market data and input assumptions to ensure accuracy.
  • Generate price forecasts and scenarios, providing valuable insights for optimization, hedging, budgeting, and investment strategies.
  • Conduct thorough analyses and produce reports assessing forecasting accuracy and variance sources.
  • Present findings to stakeholders, including senior management and investors, in a clear and engaging manner.

About Connect Executive Resourcing Limited

Connect Executive Resourcing Limited is a leading recruitment agency specializing in the energy sector. We are dedicated to matching talented professionals with dynamic companies to drive innovation and success in the energy market.

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