Description
Contract type:Fixed Term Contract, 6-12 months
Hours:Full Time, 37.5 hours per week
Salary:circa £27,000 depending on experience
Location:Canary Wharf
WFH policy:Employees are required to attend the office 2 days/week
Flexible working: Variety of flexible work patterns subject to line manager discretion e.g. Compressed 9-day fortnight.
Reports to:Senior Quantitative Developer
Deadline Note:We reserve the right to close the advert before the advertised deadline if there are a high volume of applications.
Role Summary:
LCCC internships in the Analytics team provide an opportunity for successful candidates to contribute to some of the UK’s most exciting and high-profile Net Zero programmes and projects. These roles also offer the chance to support innovative low-carbon schemes driving progress toward the UK’s 2050 Net Zero target.
During the 6-12 month internship, the Quant Dev Intern will have the opportunity to work on the development of both scheme forecasting models and analytical models, as well as the publication of supporting technical documentation. This quantitative development role requires a deep skillset within computing (python, R, spark) and statistical modelling; providing technical leadership on the development, testing and de-bugging of the code underpinning our most business critical forecasting models.
The ideal candidate will combine an understanding of energy market fundamentals with state-of-the-art optimisations and data science techniques. They will be required to take on complex challenges with a sense of urgency and enthusiasm, developing and communicating data insights in a clear and succinct way. Furthermore the candidate will be adaptable and curious, with a strong willingness to learn and develop.
Key Responsibilities
- Explore and clean datasets required for modelling purposes
- Design and build short and long-term energy models; used in forecasting, analysis and for generating insights that support various strategic initiatives
- Testing and deploying updates to the models
- Producing high quality technical documentation
- Identifying and streamlining inefficient processes
- Supporting other teams with modelling, analysis and automation
Skills Knowledge and Expertise
- A good first degree (or expected for those in their penultimate year) or higher degree in a highly numerate subject is essential
The below experiences can be gained from your academic work or job experiences:
- Working knowledge of machine learning tools and statistical techniques
- Experience in modelling, forecasting and analysis of complex real life systems
- The ability to convey complex technical concepts to those with little or no modelling background in a meaningful, relevant and engaging matter
- Experience in using Python or R
- Experience with SQL and a strong familiarity with Excel
- Understanding of the electricity market is desirable
Employee Benefits
As if contributing to and supporting work that makes life better for millions wasn’t rewarding enough, we offer a full range of benefits too. Key benefits that may be available depending on the role include:
- 25 days' annual leave and bank holidays
- Recognition schemes allowing colleagues to say thanks
- Company contribution to your pension scheme
- Family friendly policies, including enhanced company maternity/paternity and shared parental benefits
- Employee assistance programme for free, confidential support for your professional or personal life, including financial management and family care
- Special leave such as study leave, sabbatical or public duties
- Three days paid leave a year for volunteering to support your local community
- Season ticket loan scheme to support your commute
- Access to “Work Perks” offering deals, discounts and cash back on your purchases
- Family savings on days out and English Heritage or gym discounts through our partners.
The Low Carbon Contracts Company (LCCC) exists to help decarbonise the generation of electricity and make it more affordable for the future. Our work is central to the delivery of the Government’s objective to achieve Net Zero target by 2050.
LCCC’s main responsibility, amongst many, is managing the
Contracts for Difference (CfDs)scheme which are agreements LCCC has made with renewable generators. These agreements are private law contracts to provide investors with confidence when investing in low carbon technology. CfDs are also designed to help and manage price increases for consumers, when electricity prices are high. See here for more information on how CfDs work:
LCCC CfD Video on Vimeo.
LCCC’s other responsibilities include management of money flows across energy suppliers to fund the CfD portfolio, settlement of the capacity market and develop new schemes. Find out more about all that we do by visiting our main page.
Want to know what’s important to us and what’s expected? See here:
Values | Low Carbon Contracts Company Careers (pinpointhq.com).
Please take the time to answer the optional diversity questions
At LCCC, we are dedicated to fostering a diverse and inclusive workplace where everyone can be their authentic selves and contribute to our mission of advancing a flexible energy future. Our aim is to be reflective of the environments where we operate and truly benefit from a rich tapestry of backgrounds and experiences where everyone thrives which of course make us stronger together. Your diversity data is valuable to us, it helps us understand whether we are effectively connecting with underrepresented groups and realising our diversity aims. Please note that your diversity data will remain anonymised to us as it only feeds into high-level reports not connected to the candidates.
