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For Companies At a Glance
- Tasks: Analyse living standards and poverty impacts, supporting policy development and ministerial briefings.
- Company: Join the Labour Markets and Distributional Analysis team at HM Treasury, shaping impactful policies.
- Benefits: Enjoy flexible working, generous leave, a strong pension scheme, and vibrant staff networks.
- Why this job: Make a real difference in society while developing your analytical skills in a supportive environment.
- Qualifications: Solid knowledge of R or similar software; critical thinking and leadership skills are essential.
- Other info: Opportunity to contribute to the Darlington office expansion and collaborate with senior leaders.
The predicted salary is between 36000 - 60000 £ per year.
Are you an analyst looking for a role where you can stretch your analytical capability and policy skills, whilst working close to the centre of government? If so, read on!
About the Team
The Labour Markets and Distributional Analysis (LMDA) team is a friendly team of outstanding analysts and policy makers. We seek to bring together an understanding of households’ living standards and position in the labour market, with key labour market policies, such as the National Living Wage and DWP active labour market programmes.
Our part of the team; the Equalities & Living Standards Analysis (ELSA) branch is made up of six analysts. Our branch seeks to improve our understanding of policy impacts on different groups in society. We support the policy development across HMT by leading on poverty, cost-of-living, general living standards-related analysis as well as equalities and disparities analysis.
We work jointly with the Distributional Analysis branch, which is made up of around seven analysts, who advise Ministers on how tax and spending decisions impact on households. We also work closely with Macroeconomic Coordination & Strategy in Economics Group on the Cost of Living, and with the Equalities Policy Branch in Public Spending Group on equalities analysis.
The post holder would have the privilege of contributing to the Darlington office expansion, working closely with members of the team also based in Darlington, including one of the Directors of the Personal Tax, Welfare and Pensions group.
About the Job
In this role, you will:
- Support briefings of seniors/ministers on living standards: you will support your manager in providing ministers with the best possible evidence on living standards indicators beyond real household disposable income.
- Develop the living standards narrative: you will contribute to HMT Living Standards briefing, communicating evidence on living standards to relevant teams in the department. This will include feeding in the Living Standards analysis and narrative supporting fiscal events as required.
- Develop the evidence base on poverty and living standards: You will maintain poverty and living standards public lines and support the analysis of poverty impacts of HMT’s decisions at fiscal events. You will attend relevant forums and external events to keep up to date on topical policy issues and the latest relevant evidence.
- Build strong relationships: you will build positive relationships across Treasury, other departments and beyond. This will help ensure our evidence and analysis is up-to-date and relevant to policy development.
About You
You will have a solid knowledge of R or a similar software is essential for this role. This would be ideal for an analyst with outstanding critical thinking and leadership skills to craft strategy. This is an opportunity to use your analytical skills to dynamically shape the department’s narrative and strategy for living standards.
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.
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 at hrrecruitment@hmtreasury.gov.uk.
Contact Detail:
HM TREASURY-1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Poverty and Living Standards Analyst
✨Tip Number 1
Familiarise yourself with current policies and issues related to poverty and living standards. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the field of labour market analysis and policy development. Attend relevant events or webinars to connect with analysts and policymakers, which could provide insights and potentially lead to referrals.
✨Tip Number 3
Showcase your analytical skills by discussing any relevant projects or experiences where you've used R or similar software. Be prepared to explain how your analytical approach can contribute to understanding living standards and poverty.
✨Tip Number 4
Demonstrate your ability to build relationships by preparing examples of how you've successfully collaborated with different teams or departments in previous roles. This is crucial for a position that requires strong interdepartmental communication.
We think you need these skills to ace Poverty and Living Standards Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Poverty and Living Standards Analyst position. Familiarise yourself with the key tasks mentioned in the job description, such as supporting briefings on living standards and developing evidence bases.
Highlight Relevant Skills: In your CV and cover letter, emphasise your analytical skills, particularly your proficiency in R or similar software. Provide specific examples of how you've used these skills in previous roles to demonstrate your capability for this position.
Tailor Your Application: Customise your application materials to reflect the values and goals of the Labour Markets and Distributional Analysis team. Mention your understanding of policy impacts on different groups in society and how your experience aligns with their mission.
Showcase Relationship-Building Abilities: Since building strong relationships is crucial for this role, include examples in your application that showcase your ability to collaborate effectively with various stakeholders. This could be through previous work experiences or projects where teamwork was essential.
How to prepare for a job interview at HM TREASURY-1
✨Showcase Your Analytical Skills
As a Poverty and Living Standards Analyst, your analytical capabilities are crucial. Be prepared to discuss specific examples of how you've used data analysis in previous roles, particularly with R or similar software. Highlight any projects where your analysis directly influenced policy decisions.
✨Understand the Policy Landscape
Familiarise yourself with current policies related to living standards and poverty. Be ready to discuss how these policies impact different groups in society. This will demonstrate your understanding of the role's context and your ability to contribute meaningfully to discussions.
✨Build Relationships
The job involves building strong relationships across various departments. Prepare to talk about your experience in collaborating with others, especially in a policy-making environment. Share examples of how you've successfully worked with stakeholders to achieve common goals.
✨Communicate Effectively
You'll need to support briefings for seniors and ministers, so strong communication skills are essential. Practice explaining complex data and concepts in simple terms. During the interview, focus on clarity and conciseness when discussing your ideas and experiences.