Job description
Imagine a future where your quantitative insights help shape commercial decisions in renewable energy markets and support the green transformation.
Some of our benefits include:
- Proven very high employee satisfaction and motivation
- Continuous development opportunities for all employees
- Competitive salary, pension scheme, and attractive holiday package
- A wide range of health benefits, such as health insurance, nutritious food, and fitness facilities in our office locations
Join us in this role where you'll apply quantitative methods and models that support e.g. the valuation of power market contracts, financial options, and complex market risks. You'll work closely with stakeholders across the business, delivering analysis that enables informed decision-making, supports risk pricing, and creates transparency around commercial opportunities and exposures in evolving power markets.
You'll be part of Quantitative Market Analytics
You'll be part of Quantitative Market Analytics where you together with your colleagues will provide quantitative analysis, valuation methodologies, and market insights that support commercial and risk-related decisions across Ørsted's energy portfolio. The team combines expertise in power markets, financial mathematics, programming, and data analytics to solve complex challenges and deliver robust decision support across the organisation.
As a team, we collaborate closely, share knowledge, and care about delivering high-quality insights while creating an environment where everyone can grow and contribute.
You'll play an important role in
- valuing power market contracts, including financial options and structured agreements
- delivering quantitative analysis of power market revenue to support stakeholders and commercial decision-making
- supporting advisory activities and valuation of non-linear risks, including subsidy-related risks
- contributing to risk capital calculations and quantitative risk pricing methodologies
- communicating analysis, model outputs, and valuation results clearly to both quantitative and non-quantitative stakeholders.
To succeed in the role, you
- have experience with quantitative modelling, data management, and analytical problem-solving
- have good knowledge of statistics and financial mathematics
- are proficient in programming using e.g. Python
- can translate complex quantitative concepts into clear business insights for diverse stakeholders
- take ownership and drive own projects and tasks.
Maybe you've read the above and can see you have some transferable skills, even though they don't quite match all the points. If you think you can bring something to the team, we still encourage you to apply.
Shape the future with us
Send your application to us as soon as possible. We'll be conducting interviews on a continuous basis and reserve the right to take down the advert when we've found the right candidate.
Please note that for your application to be taken into consideration, you must submit your application via our online career pages and answer the screening questions relevant for your country. We don't take applications or inquiries from external recruiters or agencies into account for this position.
Position salary range
For this position, the expected base pay range is kr46,080.00- kr69,120.00 for the advertised location. The offered base salary will be determined within this range based on relevant skills, experience, and expected role fulfilment within the stated pay range to ensure a fair and competitive offer. Where applicable, you may also be eligible for variable payment and a comprehensive benefits package.
Our benefits package
For this position, employees who meet eligibility requirements have access to: employer‑paid pension (11% contribution), full insurance coverage (accident, life, critical illness, and health insurance); five weeks of paid holiday plus 10 additional paid days off per holiday year; a 3% holiday allowance; access to Ørsted Life & Fitness Vitality including fitness classes, physiotherapy, massage, and wellbeing programmes; a multimedia package (mobile phone, PC, internet); staff club membership with sport and cultural activities; and access to the company canteen (monthly lunch scheme or daily tickets).
Pre-employment background check
Certain positions may require a background check as part of the hiring process. If applicable, you will be informed during the recruitment process. Background checks are conducted by an external provider in accordance with local legal requirements.
Pay & benefits
About this role
About Ørsted
Company Overview
Ørsted
HeadquartersFredericia, Denmark
Founded1972
SizeApproximately 8,700 employees globally (source: linkedin.com). Revenues of DKK 82.0 billion (approximately €11 billion) in 2023 (source: orsted.com).
What They Do
Ørsted is a global leader in renewable energy, focusing on offshore wind as its primary business model. The company develops, constructs, and operates large offshore wind farms using both fixed and floating turbines, and offers services in project development, engineering, procurement, construction, operation and maintenance, as well as power purchase agreements (source: orsted.com). Additionally, Ørsted works with onshore wind, solar energy, energy storage, renewable hydrogen, green fuels, and bioenergy, making them a versatile player in the renewable energy market (source: stateofgreen.com). Target markets include Europe, particularly the UK, Germany, and Denmark, as well as the USA, Taiwan, Japan, and South Korea, where they serve large customers such as national grid operators and utilities (source: orsted.com). Ørsted holds a leading competitive position as the world's largest developer of offshore wind with over 15 GW of installed capacity globally and a pipeline of over 37 GW under development (source: orsted.com).
Projects & Achievements
Among Ørsted's notable projects is the Hornsea 2 offshore wind farm in the UK, which, with a capacity of 1.4 GW, was fully commissioned in 2022 and is the world's largest operational offshore wind farm (source: orsted.com). The Race Bank offshore wind farm, also in the UK, was completed in 2018 with a capacity of 573 MW (source: orsted.com). In the USA, Revolution Wind (704 MW) reached financial close in 2024 with operations planned for 2026, while South Fork Wind (132 MW), the first offshore wind farm in the state, began delivering power to New York in 2024 (source: orsted.com). Current major projects include Hornsea 3 (2.9 GW, UK, under construction with first power expected in 2025) and Greater Changhua 4 (112 MW, Taiwan, commissioning in 2025) (source: orsted.com).
Recent Developments
In the past two years, Ørsted has won a contract for the 2.4 GW Atlantic Shores Project 4 offshore wind lease off the coast of New Jersey, USA, in October 2024 (source: orsted.com). They reached financial close on the 1.1 GW Greater Changhua 4 & 5 offshore wind farms in Taiwan in July 2024, valued at over DKK 10 billion (source: orsted.com). In 2023, Ørsted acquired a 20% stake in the 900 MW Nissen offshore wind project in Germany for €227 million (source: orsted.com). Ørsted also secured €1.2 billion in green financing in 2024 and reported an EBITDA of DKK 18.0 billion in 2023 despite project delays (source: orsted.com).
Working There
Ørsted offers roles in engineering (wind turbine technicians, project engineers), project development (site acquisition, permitting specialists), operations and maintenance (offshore service technicians), supply chain, finance, IT, legal, and sustainability analysis, with high demand in offshore wind construction and hydrogen R&D (source: orsted.com). Active recruitment is taking place at offices in Fredericia and Copenhagen (Denmark) for engineering and HQ functions, London (UK) for project development, as well as in the USA, Taiwan, and Germany for offshore wind and hydrogen initiatives (source: linkedin.com). The company culture emphasizes innovation and transformation, as evidenced by their successful shift from fossil fuels, with employee reviews on Glassdoor averaging 4.0/5 for work-life balance and career opportunities (source: glassdoor.com). Documented benefits include competitive salaries, a 37-hour workweek in Denmark, six weeks of paid vacation, pension contributions up to 12%, hybrid work arrangements, and green benefits such as electric vehicle schemes and sustainability training (source: orsted.com).
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