At a Glance
- Tasks: Conduct economic analysis and support project delivery for UK government clients.
- Company: ICF is a global consulting firm tackling pressing issues with innovative solutions.
- Benefits: Enjoy hybrid working, competitive recognition programs, and comprehensive wellbeing support.
- Why this job: Make a positive impact while collaborating in an inclusive and growth-oriented environment.
- Qualifications: Degree in economics, up to 3 years of relevant experience, and strong communication skills required.
- Other info: Join a team committed to diversity and solving the world's toughest challenges.
The predicted salary is between 43200 - 72000 Β£ per year.
This role is located in ICFβs UK policy research, evaluation and strategy team. The successful candidate will:
- Support the delivery of ICF services to our clients in the UK, most commonly central government departments.
- Focus in particular on conducting economic appraisal / analysis for projects, including (but not limited to) economic evaluation, business case development, value-for-money analysis, cost-benefit and cost-effectiveness analysis.
- Work with colleagues to develop and document the appropriate methodological approach to each project.
- Contribute to reports and other written outputs.
- Prepare and deliver presentations to clients.
- Support capture and work-winning efforts, including making inputs to proposals.
- Ensure outputs are robust, impactful and meet our client requirements.
- Contribute to initiatives to build our internal capacity and capability in economic appraisal and analysis.
- Help us in our mission to have a positive impact on the issues on which we work.
The successful candidate will have:
- Required: A degree (and probably postgraduate) qualification in economics (or equivalent).
- Understanding of Green Book and Magenta Book value-for-money methodologies and how they are applied in a government, consulting (or similar) environment.
- Some familiarity with their use in the context of the following policy areas would be an advantage: energy, innovation, environment, water resources, flood risk management, aviation, other infrastructure development.
- Up to 3 years professional experience of carrying out economic analysis and/or constructing economic models.
- Ability to communicate technical concepts to non-technical experts and stakeholders.
- Good report-writing skills.
Desirable:
- Ability to interpret analysis and the findings from impact evaluations.
- An understanding of how use of value-for-money analysis supports decisions in government.
- Experience interpreting data in policy environments.
- Experience of working effectively in multi-discipline teams.
Working at ICF means applying a passion for meaningful work with intellectual rigor to help solve the leading issues of our day. Smart, compassionate, innovative, committed, ICF employees tackle unprecedented challenges to benefit people, businesses, and governments around the globe. We believe in collaboration, mutual respect, open communication, and opportunity for growth. We can only solve the world's toughest challenges by building an inclusive workplace that allows everyone to thrive. We are committed to creating a culture where we embrace our differences in ideas and identities. Together, our employees are empowered to share their expertise and collaborate with others to achieve personal and professional goals.
The benefits of joining ICF include access to a vast array of benefits to help you live your life well, a hybrid working policy, employee wellbeing hub, competitive recognition program, and a range of competitive benefits such as private medical insurance, dental insurance, annual leave, pension scheme, life assurance, and enhanced parental leave policies.
At ICF, we are committed to ensuring a fair and equitable interview process for all candidates based on their own skills and knowledge. The use of artificial intelligence (AI) tools to generate or assist with responses during interviews is not permitted to maintain the integrity and authenticity of the interview process. However, we understand that some candidates may require accommodations that involve the use of AI.
Senior Consultant - Economic Analyst employer: ICF
Contact Detail:
ICF Recruiting Team
candidateaccommodation@icf.com
StudySmarter Expert Advice π€«
We think this is how you could land Senior Consultant - Economic Analyst
β¨Tip Number 1
Familiarise yourself with the Green Book and Magenta Book methodologies. Understanding these frameworks will not only help you in your role but also demonstrate your commitment to the principles that guide economic analysis in government.
β¨Tip Number 2
Network with professionals in the field of economic analysis, especially those who have experience in government consulting. Attend relevant seminars or webinars to gain insights and make connections that could lead to opportunities at ICF.
β¨Tip Number 3
Prepare to discuss specific projects where you've applied economic analysis. Be ready to explain your methodology and the impact of your findings, as this will showcase your practical experience and problem-solving skills during interviews.
β¨Tip Number 4
Stay updated on current trends and policies in areas like energy, environment, and infrastructure development. This knowledge will not only enhance your discussions with potential colleagues but also show your proactive approach to understanding the context of your work.
We think you need these skills to ace Senior Consultant - Economic Analyst
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in economic analysis and appraisal. Emphasise any familiarity with the Green Book and Magenta Book methodologies, as well as your ability to communicate complex concepts clearly.
Craft a Strong Cover Letter: In your cover letter, demonstrate your understanding of ICF's mission and how your skills align with their needs. Mention specific projects or experiences that showcase your expertise in economic evaluation and report writing.
Showcase Teamwork Skills: Since the role involves working in multi-discipline teams, provide examples of past collaborations. Highlight your ability to contribute to team efforts and how youβve successfully worked with diverse groups to achieve common goals.
Prepare for Technical Questions: Be ready to discuss your technical knowledge during the interview process. Brush up on economic models and value-for-money analysis, and think about how you would explain these concepts to non-technical stakeholders.
How to prepare for a job interview at ICF
β¨Understand the Methodologies
Familiarise yourself with the Green Book and Magenta Book value-for-money methodologies. Be prepared to discuss how these frameworks apply to economic analysis in a government or consulting context, as this knowledge will be crucial for the role.
β¨Showcase Your Analytical Skills
Be ready to provide examples of your experience in conducting economic analysis and constructing economic models. Highlight specific projects where you applied these skills, especially in relevant policy areas like energy or infrastructure development.
β¨Communicate Effectively
Demonstrate your ability to explain complex technical concepts to non-technical stakeholders. Practice articulating your thoughts clearly and concisely, as effective communication is key in this role, especially when preparing reports and presentations.
β¨Prepare for Team Collaboration
ICF values teamwork, so be prepared to discuss your experience working in multi-discipline teams. Share examples of how you've contributed to collaborative efforts and how you can support building internal capacity in economic appraisal and analysis.