Location: Based in our Bristol Hub

Team: Part of the Energy and Commercial Graduate community, you will complete four six month placements across the Energy and Commercial teams

Salary: £34,000 plus bonus and benefits

Experience: High potential learners

Working pattern: Full time

Reporting to: Gethin Musk as scheme sponsor, with variety of managers across your placements

Sponsorship: Unfortunately we are unable to offer sponsorship for this role.

This role in 3 words: Diverse, vibrant, enriching

Top 3 qualities for this role: Enthusiastic, Adaptable, Collaborative

Closing Date: 3rd March 2024 (Role Commencing in September 2024)

Interview Process: 

Application Form 

Video Interview with Talent Team 

In-Person Graduate Day (To be held in Bristol in Mid-April)

In the words of our current graduates, you should apply for this scheme because….

“If you want a highly diverse, fast paced two years rotating through new positions and being exposed to all different facets of one of the biggest UK Energy Suppliers then you have come to the right place.

I didn't know the difference between a MW and a kW before joining OVO and neither, do you.

OVO squeezes the best out of anyone and it has been an outstanding experience so far, with variety at every turn and constant learnings and growth.

Plus, the free brekkie and gym in the office is a huge plus!”

 

Everyone belongs at OVO

At OVO, we are on a mission to solve one of humanity's biggest challenges, the climate crisis. And we know it takes all of us to change the world. That's why we need a diverse group of people from all abilities, gender identities, ethnicities, ages, sexual orientations, life experiences and backgrounds to join us.

 

Teamworking for the planet

Everything we do here spins around Plan Zero. So, naturally, the team you’ll be joining plays a gigantic role in making that happen. Here’s how:

As a graduate joining the Energy and Commercial team, you'll have the opportunity to directly impact our customers' experience and play a vital role in advancing Plan Zero. You could help in buying renewable energy from wind farms, by crafting inventive tariffs for Electric Vehicle owners or supporting our trading in the wholesale markets. Join our team and be a part of redefining the energy landscape while helping our customers achieve their sustainability goals.

 

This role in a nutshell:

Over two years, you’ll rotate around four placements across the Energy and Commercial businesses within OVO. We’ll work with you to develop a tailored mix of placements that meet your aspirations for your future career. We want to ensure you have a great grounding in energy markets, learning about the fundamentals behind the energy commodity markets and how we manage the risks posed by changing market conditions and evolving customer demand expectations. We’ll also make sure you understand how we price our tariffs to our customers and how we develop exciting propositions, exploring new and exciting commercial markets.

Specific placement opportunities include:

Trading - OVO’s wholesale Gas and Power trading team

Responsible for buying and selling energy in the wholesale markets, this team focuses on understanding what is driving price changes in the market and how to hedge our customer needs at the best price possible. This is all about maximising value for the business.

Portfolio Management - OVO’s Risk Management team

The Portfolio Management team looks after all the sophisticated risks that OVO has to manage as an energy retailer. Using sophisticated modelling and groundbreaking tools, this team works out how to place an effective hedge to minimise risk for OVO.

Middle Office - OVO’s Risk Policy and Controlling team

Responsible for ensuring that OVO’s commercial teams manage the business risks in a sensible and efficient way, Middle Office are partners to our Portfolio Management and Trading teams, working together to improve value and manage risk for OVO.

Pricing - OVO’s customer price setting team

The pricing team turns our cost estimates into a price for our Domestic customers. They have to ensure we can price competitively in a dynamic retail market, while ensuring we cover our costs. Working out where to price our offerings is one of the most exciting things to do!

Renewables - OVO’s greenest energy team

The Renewables team are responsible for signing up to agreements to buy the energy generated by renewable energy generators, so we can provide our customers with the lowest carbon energy we can.

OVO Drive - OVO’s dedicated Electric Vehicle business unit

Drive have products and propositions that span the EV charging ecosystem and OVO are renowned for being innovative and leading the market in smart charging and Vehicle to Grid technologies.

Whatever placements you select, you’ll get to experience strategy and commercial performance across a large part of OVO, helping evaluate and steer strategy on where we should play, how we’ll win and what our priorities should be. A really exciting opportunity to be right at the forefront of a groundbreaking energy business.

Your key outcomes will be:

• The start of a successful career at OVO!
• We have three specific targets, around which our placements and development programme is crafted. We want you to:
• Develop a broad energy experience
• Develop eye for business and future leadership skills
• Exit from the scheme into a full time role in Energy and Commercial teams.
• In the meantime, while you’re on the scheme you will go through a development programme and placement programme from which we expect a return. While we develop you, we want you to develop OVO too - whether that be returns from your trading recommendations or delivering a new product proposition, we’re keen for you to improve your benefit.

You’ll be successful at OVO if you…

• Have a passion for energy and especially helping OVO on our mission towards Net Zero.
• Have a track record of success in your academic and professional life. We’re asking for a minimum 2.1 predicted or achieved Degree. Especially interested in those graduates with a mathematically focussed degree.
• Have some prior work or volunteering experience.
• Have a high amount of get-up-and-go, have a strong can do demeanor,
• Are comfortable working at pace and with high uncertainty.
• Become comfortable with using mathematics on a day-to-day basis to analyse and propose solutions.

Let’s talk about what’s in it for you

We’ll pay you £34,000, You’ll be eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal.

We also offer plenty of green benefits and progressive policies to help you feel like you belong at OVO…and there’s flex pay. It’s an extra 9% of your salary on top of your core pay to use as you like. You can take it as cash, add to your pension, or choose to spend it on a huge range of flex benefits.

Here’s a taster of what’s on offer:

For starters, you’ll get 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, gadget, travel and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more

For your lifestyle

With extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donations

For your home

Get up to £300 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on 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

Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.

For your Belonging

To find innovative 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.

Oh, and one last thing...

We’d be thrilled if you tick off all our boxes, yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you.

If you have any additional requirements, there’s a space to let us know on the application form; we want to make the process as easy and comfortable for you as possible..