Principal Consultant (Water Economics)


London, UK 🇬🇧

Why Arup?

Our finance and economics team provides technical and commercial advisory services backed by rigorous economic insights. We help policymakers to make sound decisions, enabling businesses to invest or divest, pivot and grow.

We work with clients to develop business cases, robust strategies and economic policies, to make sound procurement decisions and investments, carry out technical due diligence and financial advisory, while remaining on top of the technical, economic and operational issues. Our teams are focused on sustainable investment decisions and policies.

We offer a comprehensive economic consultancy service to clients across the built environment, energy, infrastructure and transport sectors. We support companies, investors, regulators, and governments on a wide range of issues, including strategy and market design. We work with our clients at moments of change, whether it’s the development of policy, assessing the impact of major investments, informing strategic choices, restructuring a business, or increasing operational efficiency.

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The Opportunity

Our team continues to grow, we are looking for a senior hire with a broad skillset and an ambition to accelerate their career whilst growing our water advisory business. The successful candidate will be responsible for leading the engagement on high quality strategy, regulatory, and policy advice to our clients across a wide range of water projects. Candidates should have economics and strategy experience, preferably within utilities with a particular focus on water economics and regulation.  

We are looking for a well-rounded, motivated and enthusiastic Water Economics Lead with strong academic, professional and personal skills.

You will be responsible for leading project engagements for a variety of public and private sector clients, including economic regulators, government agencies major infrastructure funds, institutional investors across the world.

Our projects will typically involve regulatory strategy and policy, business planning, regulatory and commercial due diligence. We are interested to hear from the candidates with significant experience in the regulated networks and in particular water, with deep understanding of PR19 and PR24, awareness of the water companies’ challenges and sector trends and investment requirements and needs. Technical understanding of delivery incentives and outcomes, performance commitments, cost assessment and asset management would be looked at favourably.  

The role requires a range of quantitative and qualitative analysis skills including: 

  • Regulatory/commercial analysis, market assessments and developing business plans;
  • Providing project guidance on various economic modelling;
  • Interviews and workshops with internal and external experts on complex issues, and to inform the due diligence or strategy and sustainable investment advisory projects; 
  • Developing and maintaining client relationships, and supporting business development, project proposals and project delivery;

Is this role right for you?

  • Ideally you will have previous experience in business plan development and regulatory submissions or leading price control work for a regulator. Commercial due diligence and strategy assignments experience for private sector clients including a variety of financial institutions and corporate clients, or governments and government agencies, is also beneficial. 
  • Strong expertise and experience in the UK water sector & an understanding of microeconomics and its application in the built environment;
  • The role is well suited for a commercially strong, highly motivated self-starter, comfortable leading and developing others

Not ready to apply just yet, or have some questions? Please email me on

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Rewards and Benefits

We care about you and want you to perform at your best, which is why we offer one of the most competitive benefits packages in our sector.

As a member organisation, everyone shares in our success through a global profit share scheme (payments are dependent on the firm’s financial performance).

We also provide Private medical insurance, Life assurance, Accident insurance and Income protection cover. In addition, you’ll have access to flexible benefits to help you look after all aspects of your wellbeing and give you the freedom and flexibility to find the best solutions for you, your family, and your individual needs.

Different people, shared values.

At Arup, we believe when talented people collaborate, great things are possible. Arup hires people with proven skills and open minds. We are taking deliberate action to create an inclusive culture that is grounded in our purpose to shape a better world.

At Arup, we welcome candidates from all backgrounds, regardless of age, disability, gender, gender identity, gender expression, race, religion or belief, sexual orientation, socioeconomic background, and any other protected characteristic. Our internal employee networks – BAME, Culture, Disability, LGBTQ+ and Women – provide a space for you to express your views and to make a positive difference – discover more about life at Arup here.

At Arup, we are committed to making all stages of our recruitment process accessible to candidates with disabilities. Please speak to our recruitment team and we will work with you to make reasonable adjustments to ensure you can perform at your best throughout your application.

At Arup, we appreciate that everyone’s circumstances are different and having the freedom to flex the way we work is essential to our wellbeing. If flexibility matters to you let us know when you apply, and we will discuss how this could work in your role.

Our Application Process

To understand what to expect next, please visit our UK Application Process page.

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IHE Delft MSc in Water and Sustainable Development