Asset Investment & Programme Analyst
Pennon Group · Exeter, United Kingdom
£35,000 – £45,000/yr
About the Role

Powered by Water, Driven by Purpose
South West Water keeps the South West flowing with safe, reliable drinking water and wastewater services across some of the UK’s most stunning landscapes.
We’re proud to be part of Pennon Group, a leader in the UK water sector, working towards a greener future. Our goals? As well as lowering our carbon footprint, we’re working with partners to plant 300,000 trees, restore peatlands and supporting farmers and landowners to improve water quality and wildlife.
Whether you’re starting out or seeking a new challenge, our scale and ambition create opportunities for you to shape your own career.
Ready to make a splash? Join our team today.
Help shape the future of water asset investment
We're investing in the resilience, performance and sustainability of our water assets for generations to come, and we're looking for two Asset Investment & Programme Analysts to join our Asset Management team.
One role will support our Clean Water Programme, helping to prioritise investment and improve the performance of assets that deliver safe, reliable drinking water to our customers. The second role will focus on our Wastewater Programme, supporting investment decisions that protect the environment and enhance the performance and resilience of our wastewater networks and treatment assets.
These are fantastic opportunities for analytical and commercially minded professionals who enjoy working with data, translating insight into action, and influencing investment decisions that have a direct impact on customers, communities and the environment.
Working alongside Asset Management, Finance and Delivery teams, you'll help optimise long-term investment programmes, support governance processes and provide the analysis that enables smarter, risk-based decision-making across our asset portfolio.
What you'll be doing:
Supporting the development and optimisation of the long-term clean water asset investment programme.
Assisting with investment prioritisation and scenario planning to identify best-value investment strategies.
Working with stakeholders to ensure high-quality investment submissions are developed and entered into programme management systems.
Supporting annual and quarterly programme reviews, ensuring investments remain affordable, balanced against risk and aligned to business objectives.
Producing insightful programme performance reports, highlighting risks, opportunities and recommendations.
Tracking governance approvals and supporting investment decision-making forums.
Collaborating with colleagues across Asset Management, Finance and Asset Delivery to improve processes and strengthen investment governance.
Helping develop asset management capability through the sharing of knowledge, tools and best practice.
What we're looking for:
You'll be a naturally curious and analytical individual who enjoys solving problems and making sense of complex information. You'll be confident working with data and comfortable engaging with a range of stakeholders to influence outcomes and drive improvements.
Experience in an asset management, analytical or similar business support environment.
Strong numerical and analytical skills with an ability to interpret complex datasets.
Experience using systems and data to support planning, risk management or investment decisions.
Excellent organisational skills and the ability to manage competing priorities.
Strong communication and stakeholder engagement skills.
Ability to work collaboratively whilst taking ownership of deliverables.
Desirable
Experience within utilities, infrastructure or regulated industries.
Knowledge of asset management principles and investment prioritisation.
Understanding of business case development and governance processes.
Project management qualifications or relevant professional accreditation.
Why join us?
Whether your focus is clean water or wastewater, you'll play a key role in shaping investment plans worth millions of pounds, ensuring we deliver the right solutions at the right time while balancing performance, risk, affordability and customer outcomes.
Competitive Salary – Based on experience and skills
Bonus Scheme – Rewarding your performance
Pension Scheme – Helping you plan for your future
Healthcare Benefits – Access to employee assistance programs
Professional Development – Support for career growth with training opportunities
Employee Discounts – On various products and services
Generous Annual Leave – Take time to recharge with our holiday entitlement
Closing Date: 23rd November 2026
We may close this vacancy early if we receive a high volume of applications. We encourage you to apply as soon as possible.
Please note that the successful candidate will be subject to a mandatory DBS check as part of the onboarding process.
Be yourself, we like it that way. Together, we will build a culture of belonging, where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care, we value everyone, we celebrate uniqueness.
Our core values, which are essential to our success, are:
Be Rock Solid - Build trust and be trusted. Be the one we all look to and can depend on.
Be You - We want you to bring your best everyday. Be yourself and make your mark in your individual way.
Be the Future - Embrace change. Drive Progress. Own the challenge.

Share this role
Get the weekly green briefing
No noise. Just insights.