Senior Benefits Analyst

Senior Benefits Analyst

Full-Time 31500 - 38500 £ / year (est.) Home office (partial)
High Speed Two (HS2)

At a Glance

  • Tasks: Lead benefits analysis and business case workstreams for HS2 projects.
  • Company: Join HS2 Ltd, a forward-thinking organisation committed to inclusion and development.
  • Benefits: Competitive salary, flexible benefits fund, and opportunities for personal growth.
  • Other info: Collaborative environment with a focus on Equality, Diversity, and Inclusion.
  • Why this job: Make a real impact on rail programmes while developing your analytical skills.
  • Qualifications: Experience in benefits management and strong analytical skills required.

The predicted salary is between 31500 - 38500 £ per year.

Salary Base salary: c£41,092pa to £48,344pa depending on skills and experience. In addition, we offer a flexible benefits fund of 15% which is paid on top base salary and is fully pensionable, as well as a range of competitive benefits.

HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives, and achieves their full potential. In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish, and providing personal and professional development opportunities.

As a Senior Benefits Analyst at HS2 you will support the delivery of HS2 and related rail programmes by leading defined benefits and business case workstreams. You will be responsible for developing, maintaining, and clearly articulating robust evidence on passenger, economic, and wider public benefits, ensuring that agreed benefits commitments are understood, tracked, and embedded across the programme. The role also contributes to benefits management and reporting, using proportionate analysis and judgement to support advice to the Department for Transport, including how benefits are developing and how they are realised over time.

The post holder leads agreed benefits and business case workstreams, ensuring that evidence, analysis, and narrative are delivered to the required quality, within agreed timescales, to support HS2 Ltd and Department for Transport decision‑making. The role combines qualitative and quantitative evidence from HS2 delivery teams, analysts and the HS2 supply chain, assessing benefits, impacts and trade‑offs, and providing clear, well-judged advice, including where the evidence may be incomplete or evolving.

The role supports benefits reporting, engaging with stakeholders to ensure robust inputs, and producing assured and timely outputs to provide senior leaders at HS2 Ltd with the benefits evidence base to support the scheme. The post holder works collaboratively across HS2 Ltd and with the Department for Transport to agree evidence requirements, provide proportionate assurance, and ensure that decision-making is based on reliable and transparent information.

The role communicates benefits evidence and findings to key stakeholders, including non-analysts, adapting communication styles to the audience, and providing constructive challenge where improvement or action is required. The role may manage a junior analyst, including objective setting, performance appraisals, coaching, and development.

Actively promote and embed EDI

Actively promote and embed Equality, Diversity, and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies, and procedures on EDI.

About you

Skills:

  • Ability to apply benefits management and business case approaches to bring together evidence from multiple sources and provide clear advice that informs strategic narratives and investment decisions.
  • Ability to analyse and interpret qualitative and quantitative evidence from multiple sources, identify risks and implications for benefit realisation, and communicate these clearly to stakeholders.
  • Ability to manage a defined programme of work from high‑level requirements, prioritising tasks, coordinating inputs and assuring quality to meet agreed timescales.
  • Ability to work constructively with analysts, delivery teams and the HS2 supply chain to shape requirements, coordinate inputs and assure the quality of benefits evidence and data used for reporting and assurance.
  • Effective communication skills, with the ability to present complex analysis clearly and accessibly through written material, briefings and presentations tailored to different audiences.
  • Strong stakeholder management skills, with the ability to maintain strong relations with key stakeholders for the purpose of providing timely benefits evidence and expanding the evidence base.

Knowledge:

  • An undergraduate or postgraduate qualification or the equivalent professional experience, in a relevant discipline such as benefits management, business case development, economics, finance, public policy, programme management or management consultancy.
  • Knowledge of public‑sector business case development and appraisal, including how evidence, analysis and narrative are brought together to support investment decisions (for example, familiarity with HM Treasury and Department for Transport guidance).
  • Knowledge of benefits identification, assessment, and management, including the development and use of benefits baselines, performance measures, and benefits reporting and assurance across projects and programmes.
  • Knowledge of analytical techniques used to inform business cases and benefits assessment, with confidence in working with data and analysis produced by others.

Types of Experience:

  • Experience of developing and delivering benefits evidence and business case inputs within a project or programme environment, preferably within a government department, public sector body, infrastructure organisation, or commercial/consultancy environment.
  • Experience of working with and interpreting qualitative and quantitative evidence from multiple sources to inform benefits assessment, business case development, benefits reporting and decision making.
  • Experience of building and managing effective working relationships with stakeholders and using evidence and narratives to influence decisions.
  • Experience of working in a multi-disciplinary team and assuring the quality of analytical and benefits evidence inputs to governance and assurance processes.

The post-holder is expected to behave at all times in a manner consistent with the HS2 values of Safety, Leadership, Integrity, and Respect.

Senior Benefits Analyst employer: High Speed Two (HS2)

High Speed Two (HS2) in Milton Keynes is an exceptional employer, offering a dynamic work culture that prioritises safety, integrity, and inclusiveness. Employees benefit from robust professional development opportunities and the chance to lead high-value projects within a pioneering infrastructure environment, making a meaningful impact on the future of rail transport. Join us to be part of a team that values collaboration and innovation while setting industry standards for equality, diversity, and inclusion.

High Speed Two (HS2)

Contact Details:

High Speed Two (HS2) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Benefits Analyst

Tip Number 1: Get Involved in Consulting Case Competitions

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Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Senior Benefits Analyst role at High Speed Two (HS2)!

We think you need these skills to ace Senior Benefits Analyst

Benefits Management
Business Case Development
Qualitative Analysis
Quantitative Analysis
Stakeholder Management
Communication Skills
Project Management

Some tips for your application 🫡

Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!

Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at High Speed Two (HS2). Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!

Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.

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How to prepare for a job interview at High Speed Two (HS2)

Master the Case Study Game

In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!

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As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.

Be a Cultural Fit

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