Junior Capabilities & Insights Analyst - Electric Power & Natural Gas

Who You Will Work With

Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.

In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues—at all levels—will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you'll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won’t find anywhere else.

When you join us, you will have:

• Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.

• A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.

• Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.

• World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.

What You Will Do

You will research and synthesize actionable insights in response to complex research questions posed by our consulting teams and clients, leveraging a solid understanding of business and technology trends, issues and concepts in the power and gas industry.

You will collect and analyze data and information found in databases and/or other primary and secondary research tools. You will assemble the relevant fact base, counsel consultants and clients on the scope of business operations, technology, and strategic and economic trends within the electricity and broader energy transition space and provide insights and analysis for solving our clients' problems.

Some of your day-to-day tasks will include identifying the key issues for the problem at hand and determining the most appropriate solution, while effectively balancing quality, availability, timeliness, and cost factors. You’ll perform a variety of analyses such as benchmarking, trend identification, industry profiling, market sizing, growth projections, opportunity scanning, etc., to add value to problem-solving discussions. You’ll also provide synthesis, insight and client implications within tight deadlines via end products in the form of PowerPoint charts, written memos, models and frameworks.

Your work will afford you the opportunity to work alongside senior knowledge professionals on larger client facing projects and internal knowledge initiatives. In time, you will also participate in, and eventually lead, internal knowledge development and capability-building initiatives and use advanced analytics tools to prepare and analyze large datasets to distill insights. As you develop professionally in the role, you will have the opportunity to serve clients directly, further develop and own proprietary tools and knowledge for McKinsey, and mentor more junior colleagues.

You will join our Madrid office as part of our global Electric Power & Natural Gas Capabilities & Insights (Research) team.

The EPNG team includes ~30 professionals who work alongside our consultants and clients to generate distinctive insights and proprietary knowledge. You will also be part of our global Client Capabilities Network where colleagues are driven by a culture of innovation and deliver distinctive client impact through assets and expertise.

Within our EPNG Capabilities & Insights network, you'll be working on strategic, analytical and operational topics with a focus on many elements surrounding energy transition including renewables, strategy/corporate finance, transmission & distribution (T&D) or retail markets. You are joining a firm whose culture is distinctive and inclusive. You will engage with a group of McKinsey partners and consultants that are actively working to solve strategic topics in the electricity and gas markets.

Your Background

• Master's degree in business, engineering or economics with a very good academic record

• Relevant internships and/or a maximum of 3 years work experience in the electric power and natural gas sectors

• Good perspective on the electric power and natural gas industry including a good understanding of trends and recent developments

• Deep knowledge of utilities strategies, regulation and/or specific industry segments such as power/gas retail, T&D or generation markets is valued highly

• Strong problem-solving skills and conceptual abilities

• Excellent business acumen and understanding of the main business, economic and financial concepts and terminology

• Capabilities in collection, analysis and synthesis of information and knowledge

• Strong multitasking abilities

• Service-oriented personality, intellectual curiosity and an investigative mind

• Ability to work collaboratively in a team environment

• Skills to communicate complex ideas effectively

• Excellent communication skills in English and Spanish; knowledge of Portuguese, Italian or other languages is a plus