Date: 6 Mar 2025
Location: London, GB
Salary: £70,000 up to £80,000 dependent upon experience
Contract Type: Permanent, Full-time
Security Level: BPSS
Visa Restrictions: This position does not offer visa sponsorship.
We are the UK's aviation and aerospace regulator and recognised as a world leader in this field. Our activities are diverse, enabling the aviation industry to meet the highest safety standards, and we pride ourselves on our ability to adapt to the constantly evolving aviation environment.
The Role
The Economic Regulation and Competition Policy (ERCP) team is a vital part of the Civil Aviation Authority’s (CAA) Consumers and Markets Group (CMG). It protects consumers by ensuring that airports and air traffic service (ATS) providers do not exploit their market position and has responsibility for the economic regulation of Heathrow Airport Limited (HAL), Gatwick Airport Limited (GAL) and the monopoly air traffic services provider for the UK, NATS (En Route) Plc (NERL). It is also responsible for discharging the CAA’s concurrent competition responsibilities relating to the provision of airport operation and ATS.
As a Senior Economist, you will play an important role in our work in the economic assessment of key policy issues and initiatives across the price controls, developing the regulatory frameworks for airports and ATS, and working on competition and wider policy projects. This includes work on costs and incentives, regulatory investigations, and mechanisms to set regulated charges, as well as assessing economic and consumer impacts in the development of CAA policy and strategy.
You will work across the team to review and challenge submissions from the regulated companies, develop policy options and manage the work of external consultants. You will have the opportunity to drive forward key workstreams, write high-profile policy documents and work effectively with our own external advisors and consultants.
This role is permanent and offers the opportunity for professional development, through working within a highly experienced team, directly influencing and engaging with senior leaders, and working across a wide variety of high profile and interesting economic and policy issues.
As a Senior Economist you will be responsible for:
* Delivering complex economic analysis that supports our work on price controls and other aspects of the regulatory frameworks for airports and ATS.
* Ensuring that the analysis that supports the CAA’s decisions is robust to external challenge and scrutiny and supported by appropriate quality assurance processes.
* Inputting economics advice in relation to wider CAA policy areas typically led by colleagues outside of the ERCP team.
* Representing the CAA in meetings with stakeholders on a wide range of economic or regulatory issues.
* Overseeing the work of our technical advisors and consultants and providing a critical review of the analysis provided.
* Reviewing and challenging regulatory business plans and submissions from stakeholders.
* Ensuring key deliverables are provided on time and to a high quality.
* Translating technical economic and other issues into simple explanations, analysis and presentations that will be suitable for non-technical audiences.
* Line management of more junior members of the team.
* Championing CAA values and D&I policy.
About You
Please ensure to upload a cover letter to support your application
Skills, knowledge and experience that are essential for the job:
* A degree in economics (or closely associated subject or equivalent level of knowledge).
* Demonstrable experience conducting economic analysis to inform decision making within a government department, regulator, regulated company or consultancy (or other relevant experience).
* A track record of managing your own workload and the workload of others, prioritising tasks appropriately and solving problems creatively.
* Ability to work collaboratively with colleagues from a variety of different backgrounds, including outside of your own team.
* Very good analytical skills and the ability to design and oversee detailed economic analysis.
* Ability to write clearly and produce persuasive written documents for publication.
Desirable skills, knowledge and experience:
* Understanding of issues in regulatory economics.
* Experience of regulatory finance and accounting issues.
* Knowledge of aviation and/or other transport sectors.
Additional Information
For many appointments within the CAA, these roles require access to operationally sensitive infrastructure and/or Nationally Protected information. For these roles the post holders must undergo National Security Vetting and achieve the appropriate level of clearance.
To be vetted you must have the right to work in the UK so that meaningful checks can be undertaken.
If you do not meet these requirements, we may not be able to accept your application.
The CAA values high ethical standards and personal integrity among employees. If invited for interview you will be asked to complete a declaration of interest.
Closing Date: 27th March 2025
Interview Date: w/c 14th and 21st April 2025
We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.
No recruitment agencies please.
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