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- Tasks: Analyse UK-EU economic relationships and support policy recommendations.
- Company: Join the European Policy team at HM Treasury, shaping the UK's economic ties with the EU.
- Benefits: Enjoy flexible working, generous leave, and a strong pension scheme.
- Why this job: Work on impactful economic policies while enjoying a vibrant team culture and social life.
- Qualifications: Strong analytical skills and ability to communicate complex ideas clearly.
- Other info: Flexible hours and opportunities for international engagement await you!
The predicted salary is between 34600 - 37200 £ per year.
Salary: £41,630 - £44,500. This role typically attracts an Analyst Allowance of between £2,000 - £3,500 for eligible individuals. Confirmation of eligibility will be provided to the successful applicant on appointment.
Contract Type: Permanent
Working Pattern: This post is available on a full time, part time or job share basis, and flexible working hours can be accommodated.
Are you looking for a varied role, working very closely with other analysts and policy leads across a range of economic priorities, including the fiscal and macroeconomic impacts of aspects of the UK-EU relationship? You will also become an expert in UK-EU trade, monitoring current performance and understanding the breadth of external literature on this topic. If so, we’d love to hear from you!
About the Team
The European Policy team (EP) leads HMT’s policy advice and analysis on the UK’s multi-faceted economic and financial relationship with the EU, underpinned by the UK’s agreements with the EU, including the Trade and Cooperation Agreement (TCA) and the Windsor Framework governing arrangements in Northern Ireland. Against a challenging geoeconomic context, we are supporting cross-Government work to strengthen the UK’s strategic relationship with the EU and manage the ongoing economic and financial aspects of that relationship. We work across the International Group, the Treasury and other Government departments to ensure the Chancellor and other Treasury Ministers receive robust strategic advice, analysis and briefing on our evolving relationship with the EU and other European trading partners. EP is a team of around 20 staff based in London and Darlington, with a mix of specialists, economists and finance professionals. The team is an engaging and encouraging place to work, from the opportunity to work on varied and exciting European policy issues and develop trade expertise to a lively social life. We balance long-term policy and strategy development with reactive demands when we service ministerial meetings or committees. We support flexible working and encourage applications from all backgrounds.
About the Job
- Produce analysis on options for strengthening the UK-EU relationship – working closely with others in HM Treasury’s European Policy Team, as well as Cabinet Office and the Department for Business and Trade, this role will support analytical leadership on a range of trade and wider economic policy areas.
- Place the EU–UK relationship in the broader economic context. You will seek to leverage this key trading and broader economic relationship to aid the government aims including the growth mission, supporting public finances and the industrial strategy.
- Support the team’s programme of international engagement, which may include opportunities to present to international organisations, working with think-tanks and prepare ministers and senior officials for their own engagement.
About You
The successful candidate will have the ability to analyse information and evaluate evidence to provide clear conclusions or support recommendations to senior colleagues, officials or ministers. You will be able to communicate sophisticated and technical concepts to non-experts to help inform and shape policy decisions. You’ll be able to establish effective relationships with, and influence, people who have different roles and perspectives. Lastly you will have skills in working with economic concepts and analytical methods (e.g. data handling/analysis).
Some of the Benefits our people love!
- 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month.
- Flexible working patterns (part-time, job-share, condensed hours).
- Generous parental and adoption leave packages.
- Access to a generous Defined Benefit pension scheme with employer contributions of 28.97%.
- Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
- A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity.
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team.
Assistant Economist employer: North East Ambition
Contact Detail:
North East Ambition Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Economist
✨Tip Number 1
Familiarise yourself with the current UK-EU relationship and key economic policies. Understanding the Trade and Cooperation Agreement (TCA) and the Windsor Framework will give you a solid foundation to discuss relevant issues during interviews.
✨Tip Number 2
Network with professionals in the field of economics and policy analysis. Attend relevant seminars or webinars, and engage with experts on platforms like LinkedIn to gain insights and potentially get referrals.
✨Tip Number 3
Prepare to demonstrate your analytical skills by discussing specific examples of how you've evaluated data or evidence in past roles. Be ready to explain how your findings influenced decision-making processes.
✨Tip Number 4
Showcase your ability to communicate complex concepts clearly. Practice explaining economic ideas to non-experts, as this skill is crucial for the role and will likely be assessed during the interview.
We think you need these skills to ace Assistant Economist
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Assistant Economist position. Understand the key responsibilities and required skills, particularly in economic analysis and communication.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your analytical abilities, experience with economic concepts, and any previous work related to UK-EU relations.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the team. Discuss how your background and skills make you a suitable candidate, and mention specific examples of your analytical work or projects related to trade and economics.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that your documents are clear and professional. A polished application reflects your attention to detail.
How to prepare for a job interview at North East Ambition
✨Understand the Economic Context
Familiarise yourself with the current economic landscape, particularly the UK-EU relationship. Be prepared to discuss recent developments and how they impact trade and policy decisions.
✨Showcase Analytical Skills
Demonstrate your ability to analyse data and evaluate evidence. Prepare examples of how you've used analytical methods in past roles to support your conclusions or recommendations.
✨Communicate Clearly
Practice explaining complex economic concepts in simple terms. The interviewers will be looking for your ability to communicate effectively with non-experts, so clarity is key.
✨Build Rapport
Establish a connection with your interviewers by showing genuine interest in their work and the team dynamics. Highlight your experience in collaborating with diverse groups to influence policy outcomes.
