Data Analyst - Economics Unit New London - Commercial
Data Analyst - Economics Unit New London - Commercial

Data Analyst - Economics Unit New London - Commercial

London Entry level 28800 - 48000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our team to maintain and enhance economic data and forecasting models.
  • Company: The Economist Group drives progress through innovation and evidence-based insights globally.
  • Benefits: Enjoy flexible working, generous leave policies, well-being support, and free access to all Economist content.
  • Why this job: Be part of a diverse team tackling global challenges with data-driven solutions in a collaborative culture.
  • Qualifications: Advanced degree in a quantitative field and proficiency in R or Python required.
  • Other info: Hybrid work model available; we value diversity and inclusivity in our workplace.

The predicted salary is between 28800 - 48000 £ per year.

We are an organisation that exists to drive progress. That\’s the “red thread” that connects everyone at The Economist Group (TEG). Our businesses share a devotion to innovation, independence and rigour in their fields of expertise. We empower people to understand and tackle the critical challenges and changes facing the world. Our analytical rigour, global expertise and evidence-based insights enable individuals and organisations to make sense of these shifts and chart a course through them. We deliver analysis and insights in many formats to subscribers and clients in 170 countries through our four businesses, The Economist, Economist Impact, Economist Intelligence and Economist Education, which uphold our global reputation for excellence and integrity. The Economic Intelligence Unit (EIU) is a global leader in providing economic and political analysis, data, and forecasting. We are committed to helping businesses, governments, and academic institutions navigate complex challenges by delivering insightful, actionable intelligence. Our team of experts combines data science, economic analysis, and technology to create innovative solutions. The EIU is recruiting for an entry-level position, within the quantitative economics team – an international team of data analysts, economists and econometricians – that is in charge of EIU’s key economic data products and the statistical/econometric model assets that power the forecast and analysis published in the EIU’s core offerings. How will you contribute? Perform essential maintenance and quality assurances for the production of economic & industry data and forecasting models. Use the quality check analytics to identify issues with the country dashboards, and then liaise with the country editor/analyst to troubleshoot them and ensure the quality of the published data. Manage the data service desk, responding to queries directly related to the data and methodology from both internal and external clients Through this process, work to resolve data and modelling issues that arise outside of the publication schedule. Monitor changes in external data sources and work closely with the regional teams to enhance the quality of EIU data. Support development of new models and upgradation of existing models, as per business requirements, working under the supervision of senior and lead analysts. Support a diverse range of bespoke forecasting and quantitative research projects, in particular on data collection, data cleaning, analytics and econometric modelling tasks, working under the supervision of project leads. The ideal skills for this role are: Must have: An advanced degree in statistics, mathematics, applied econometrics, applied economics, business economics or a related quantitative field Strong understanding of macroeconomic, demographic, international finance and trade concepts and knowledge of key data series Strong secondary research skills and familiarity with global macroeconomic, financial and statistical databases like IMF-IFS, World Bank, OECD, Eurostat, UN, UNCTAD, ILO, BIS etc. Proficiency in statistical analysis and econometrics modelling Proficiency in one of the programming language – R or Python Working knowledge of key R libraries like tidyverse and ggplot2 (if proficient in R) or key Python libraries like Pandas, Numpy and Matplotlib (if proficient in Python) Familiarity with R-Markdown(if proficient in R) or Jupyter notebook (if proficient in Python) Working knowledge of SQL to query databases Advanced Excel skills – experience with formula auditing, manipulating and cleaning large data sets in excel, knowledge of advanced functions like VLookup/HLookup, Match, Offset, Index, Indirect, Nested If-Then-Else and similar Excellent communication (verbal and written) skills Good to have: Familiarity with machine learning models or estimating econometric models with ML elements, like cross validations and bootstrapping would be good to have Familiarity in agile methodologies, JIRA for project management, shared codebases (Git), and collaborative workflows. Experience with AWS services, including S3 and Athena Understanding of Command Line Interface (CLI) for managing cloud or local environments #LI-Hybrid What we offer Benefits We offer excellent benefits including an incentive programme, generous annual and parental leave policies, volunteering days and well-being support throughout the year, as well as free access to all Economist content. Country specific benefits are also offered. Our Values Our values are a collective set of beliefs and behaviours that strengthen The Economist Group\’s purpose and demonstrate where we want to be as an organisation. They reflect on our mission to pursue progress for individuals, organisations and the world. Independence We are not bound to any party or interest and encourage exploration and free-thinking. We champion freedom, both within our organisation and around the world. Integrity We are bold in our efforts to uncover the truth and stand up for what we believe in. We inspire trust through our rigour, fact-checking and transparency. Excellence We aspire to the highest standards in all we do. We are ambitious and inquisitive in our pursuit of continuous progress and innovation. Inclusivity We value diversity in thought and background and encourage healthy debate with a breadth of perspectives. We treat our colleagues and customers fairly and respectfully. Openness We foster a collaborative and empathetic culture conducive to the interests, wit and initiative of our colleagues. New ideas are our lifeblood. The Economist Group values diversity. We are committed to equal opportunities and creating an inclusive environment for all our colleagues and potential colleagues regardless of ethnic origin, national origin, gender, gender identity, race, colour, religious beliefs, disability, sexual orientation, age, marital status or any other status. Apply for this job * indicates a required field First Name * Last Name * Preferred First Name Email * Phone * Resume/CV * Enter manually Accepted file types: pdf, doc, docx, txt, rtf Enter manually Accepted file types: pdf, doc, docx, txt, rtf LinkedIn Profile Website Are you legally authorised to work in the country in which the role you are applying for is based? * Select… Will you now or in the future require sponsorship to work in the country in which the role you are applying for is based? If yes, please indicate what sponsorship you believe you may require. What is your desired base annual salary? Please include the currency. * Are you capable of performing the essential functions of the job for which you are applying, either with or without a reasonable accommodation? * Select… Are you subject to a restrictive covenant, non-competition or confidentiality agreement which limits your right or ability to accept employment or perform similar duties for or on behalf of a new employer? * Select… If you have answered yes to the above question, you may be required to submit a copy of the agreement prior to the receipt of any offer of employment. Are you a current employee of The Economist Group? * Select… Recruitment Privacy Policy Acknowledgement * Select… Further information about how your personal data is going to be processed by the Economist Group according to our privacy policy can be found here. What is your notice period? * General Demographic Questions Select… Select… Disability Status Select… By checking this box, I agree to allow The Economist Group to retain my data for future opportunities for employment for up to 365 days after the conclusion of consideration of my current application for employment. By checking this box, I consent to The Economist Group collecting, storing, and processing my responses to the demographic data surveys above. #J-18808-Ljbffr

Data Analyst - Economics Unit New London - Commercial employer: Economist Group

At The Economist Group, we pride ourselves on fostering a culture of innovation and inclusivity, making it an exceptional place for aspiring data analysts. Our commitment to employee growth is evident through comprehensive benefits, including generous leave policies, well-being support, and access to all Economist content, ensuring that our team members thrive both personally and professionally in the vibrant city of New London.
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Contact Detail:

Economist Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Data Analyst - Economics Unit New London - Commercial

Tip Number 1

Familiarise yourself with the key economic data series and databases mentioned in the job description, such as IMF-IFS and World Bank. This knowledge will not only help you understand the role better but also demonstrate your proactive approach during interviews.

Tip Number 2

Brush up on your programming skills, particularly in R or Python, and ensure you're comfortable with libraries like Pandas or tidyverse. Being able to discuss specific projects where you've used these tools can set you apart from other candidates.

Tip Number 3

Engage with current trends in economic analysis and forecasting by following relevant publications and thought leaders in the field. This will not only enhance your understanding but also provide you with talking points during interviews.

Tip Number 4

Network with professionals in the economics and data analysis fields, especially those who work at The Economist Group or similar organisations. Attend webinars or industry events to make connections that could lead to valuable insights or referrals.

We think you need these skills to ace Data Analyst - Economics Unit New London - Commercial

Advanced degree in statistics, mathematics, applied econometrics, or applied economics
Strong understanding of macroeconomic and demographic concepts
Familiarity with global macroeconomic and financial databases (IMF-IFS, World Bank, OECD, etc.)
Proficiency in statistical analysis and econometric modelling
Proficiency in R or Python programming languages
Knowledge of key R libraries (tidyverse, ggplot2) or Python libraries (Pandas, Numpy, Matplotlib)
Familiarity with R-Markdown or Jupyter notebook
Working knowledge of SQL for database querying
Advanced Excel skills including formula auditing and data manipulation
Excellent verbal and written communication skills
Familiarity with machine learning models and econometric models with ML elements
Understanding of agile methodologies and project management tools like JIRA
Experience with AWS services (S3, Athena)
Understanding of Command Line Interface (CLI)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the job description. Emphasise your advanced degree in a quantitative field, proficiency in statistical analysis, and any experience with programming languages like R or Python.

Craft a Strong Cover Letter: In your cover letter, express your passion for data analysis and how it relates to the mission of The Economist Group. Mention specific projects or experiences that demonstrate your analytical rigour and ability to work with economic data.

Showcase Relevant Skills: Clearly outline your familiarity with global macroeconomic databases and your proficiency in tools like SQL and Excel. Highlight any experience with econometric modelling or machine learning, as these are valuable for the role.

Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a data analyst position.

How to prepare for a job interview at Economist Group

Showcase Your Analytical Skills

As a Data Analyst, you'll need to demonstrate your analytical prowess. Be prepared to discuss specific projects where you've applied statistical analysis or econometric modelling. Use examples that highlight your problem-solving abilities and how you approached complex data challenges.

Familiarise Yourself with Relevant Tools

Make sure you're comfortable with the programming languages and tools mentioned in the job description, such as R or Python, and their respective libraries. If you have experience with SQL or Excel, be ready to discuss how you've used these tools in past roles or projects.

Understand the Organisation's Values

The Economist Group values independence, integrity, excellence, inclusivity, and openness. Research these values and think about how they resonate with your own work ethic. Be prepared to provide examples of how you've embodied these principles in your previous experiences.

Prepare for Technical Questions

Expect technical questions related to economic concepts, data quality assurance, and forecasting models. Brush up on macroeconomic principles and be ready to explain how you would approach data issues or model enhancements. This will show your readiness for the role and your understanding of the field.

Data Analyst - Economics Unit New London - Commercial
Economist Group
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