Asset Replacement – Strategy Engineer

UK Power Networks

Asset Replacement & Strategy Engineer developing innovative asset strategies and maintenance programmes for UK Power Networks. Collaborating with various teams to ensure network efficiency and performance.

Posted 5/27/2026full-timeCrawley • 🇬🇧 United KingdomMid-LevelSenior💰 £68,144 per yearWebsite

About the role

Key responsibilities & impact

Develop policies to reflect medium to long term innovative asset strategies that optimise asset performance and provide reliable and accurate Health Indices (HI), Criticality Indices (CI) and Risk Indices (RI) as the requirements of the regulator;
Maintain asset standards as required;
Prepare programmes of work for inspection, maintenance and asset replacement/refurbishment activities using available data;
Contribute to the budgeting of these programmes of work reconciling volumes, unit costs and budget provision whilst promoting efficiency in delivery and looking at ways to optimise strategies.
Track progress and report on the delivery status of the programmes of work, working with both internal and external partner to promote engagement and deliver success.
Prepare business cases and engineering options, seek financial approval at the appropriate stage of development of the respective projects;
Provide asset management guidance, collaborating and supporting Network Operations and the wider business; gathering fault data and liaising on operational restrictions and potential work interventions.
Support the collation, development and delivery of high-quality regulatory submissions, providing information, analysis and clear commentary to inform strategic decision-making. This includes preparing content for CEO reports, engaging with external industry working groups, and supporting submissions to the regulator detailing company progress, key achievements and future strategic direction.
Develop ideas into working concepts to aid delivery with the support of the organisations leading innovation hub.
Carry out asset fault rate analysis and work to develop tools to move to a predicted condition-based programme of work.
Carry out network incident reviews/investigations, working with major supplier and the Energy network association where required.
Provide support during system emergencies (storm role). You will work with Network Operations field teams and Area Managers to coordinate and agree programmes of work, ensuring alignment with asset management policies, standards and procedures.
Collaborate extensively with Distribution Capital Delivery and the wider Capital Programme to help shape and support future investment plans, ensuring that programmes are delivered effectively and that the appropriate resources, capabilities and delivery capacity are in place to meet operational and network demands.

Requirements

What you’ll need

HNC/HND in Electrical Engineering with substantial experience.
Membership of a professional body such as the IET or IAM or working towards professional recognition;
Knowledge of relevant Electrical and Utility industry Regulations;
An understanding of the design and operation of electrical distribution assets.
Inspection & maintenance requirements and how the existing health of an asset is determined together with knowledge of degradation, failure mechanisms;
Ability to interact and verbally communicate at senior level to obtain and present information in a clear form;
Proficient in the use of Microsoft applications, including Word, Excel, Power-point;
Experience of analysing and reporting on complex data.
Proficient with the use of Databricks and Power Bi to aid large scale data analysis and trend tracking.
Good written skills, to produce concise reports and presentations;
Excellent interpersonal skills to ensure effective interaction with partners.

Benefits

Comp & perks

25 Days Annual Leave plus bank holidays.
Reservist Leave – Additional 18 days full pay and 22 unpaid
Personal Pension Plan – Personal contribution rates of 4% or 5% (UK Power Networks will make a corresponding contribution of 8% or 10%)
Tenancy Loan Deposit Scheme
Season Ticket Loan
Tax efficient benefits: Cycle to Work, Home & Tech, and Green Car Leasing Schemes
Occupational Health support
Switched On – scheme providing discount on hundreds of retailers' products
Discounted gym membership
Employee Assistance Programme

ATS Keywords

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Hard Skills & Tools

asset managementdata analysisfault rate analysiscondition-based maintenancebudgetingprogram managementregulatory submissionsengineering options developmentinspection and maintenancedegradation and failure mechanisms

Soft Skills

communicationinterpersonal skillscollaborationreport writingpresentation skillsengagementstrategic decision-makingproblem-solvingleadershipinnovation

Certifications

HNCHNDIET membershipIAM membership