At a Glance
- Tasks: Conduct impactful economic analysis to shape financial futures across the UK.
- Company: Join the Money and Pensions Service, a supportive and energetic team.
- Benefits: Enjoy 30 days annual leave, hybrid working, and a competitive salary.
- Other info: Inclusive culture with networks for diverse backgrounds and excellent career growth.
- Why this job: Make a real difference in people's lives through meaningful economic insights.
- Qualifications: Degree in economics with 2+ years in economic analysis or policy assessment.
The predicted salary is between 56000 - 56000 £ per year.
Ready to make a real difference? Join us at the Money and Pensions Service (MaPS) as our Economic Analyst. This is your chance to play a meaningful role in helping people across the UK build stronger financial futures and to do it as part of a supportive, energetic team.
Why This Role Matters
This is a high‑impact opportunity for an Economic Analyst to play a pivotal role in shaping the evidence base behind nationally significant services. You’ll deliver impartial economic impact analysis that demonstrates the real‑world value of MaPS’ work — both directly through your own analysis and by assuring the quality of externally commissioned evaluations.
Working closely with senior leaders and key stakeholders, you’ll be trusted to apply approved government models and methods to assess social and economic outcomes, influence decision‑making, and strengthen organisational credibility. If you’re motivated by producing rigorous, meaningful analysis that stands up to scrutiny and drives positive societal impact, this role offers both influence and purpose.
What You’ll Be Doing
- Oversee research and evaluation projects to assess the impact of services on users and the wider UK population.
- Manage internal stakeholders to understand requirements and develop relationships with external stakeholders and subject matter experts to identify evidence gaps and new impact assessment opportunities.
- Analyse quantitative and qualitative data, including complex datasets, to ensure the economic impact findings are robust.
- Collaborate with partner agencies to design and deliver high-quality primary data collection to support the research needs of projects.
- Analyse and synthesise complex information and data, applying economic analysis knowledge while being aware of the limitations and risks.
- Develop a thorough understanding of the impact of services on customers/users, including both monetary and non‑monetary benefits.
- Write reports and present findings to a range of stakeholders, including non‑technical audiences.
What You’ll Bring
- A degree in economics or a related field with at least 2 years’ experience in an economic analysis role, such as policy analysis and economic impact assessment.
- Knowledge of the principles of the HMT Green and Magenta Books, with practical experience in assessing the impact of policies or services.
- Proficiency in analysing secondary data sources such as surveys, economic data, and literature reviews.
- Experience in conducting rigorous statistical and economic analysis using software like Excel, SPSS, SAS, Power BI, R.
- Skilled in designing and delivering robust economic analyses, such as cost‑benefit analysis, social return on investment (SROI), and economic modelling and forecasting.
- Expertise in using analytical and influencing skills to present complex information to various audiences in a compelling and engaging way.
- Ability to review, synthesise, and quality assure own analysis and that of others to ensure high quality.
- Experience in effectively engaging, negotiating, and working with subject matter experts and other key stakeholders.
About Us
MaPS is based in bright, modern offices in Bedford, and we’re here to help people across the UK feel more confident and informed about their money.
Our values guide how we work together:
- Caring – for colleagues and the communities we support
- Connecting – building supportive, positive relationships
- Transforming – creating impact that truly matters
We’re proud to foster an inclusive, welcoming culture. Our colleague networks include LGBTQ+, neurodiversity, women’s health, men’s health and ethnicity groups — and we welcome applications from all backgrounds.
What We Offer
30 days’ annual leave plus
Economic Analyst employer: Money & Pensions Service
At the Money and Pensions Service (MaPS), we pride ourselves on being an excellent employer, offering a supportive and inclusive work culture that empowers our Economic Analysts to make a real difference in people's lives. With a focus on employee growth, we provide opportunities for professional development and collaboration with key stakeholders, all while enjoying the benefits of hybrid working from our modern Bedford offices. Join us to be part of a team that values caring connections and transformative impact, ensuring your work is both meaningful and rewarding.
Contact Details:
Money & Pensions Service Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Economic Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees at MaPS on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your economic analysis skills. Be ready to discuss real-world examples of your work and how it aligns with MaPS' mission. Show them you’re not just a number cruncher but someone who cares about making a difference!
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, make sure your CV and cover letter highlight your relevant experience in economic impact assessment. We want to see how you can contribute to our goals.
✨Tip Number 4
Follow up after your interview! A quick thank-you email can leave a lasting impression. Mention something specific from your conversation to remind them why you’re the perfect fit for the Economic Analyst role.
We think you need these skills to ace Economic Analyst
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Economic Analyst role. Highlight your relevant experience in economic analysis and how it aligns with what we do at MaPS. This shows us you’re genuinely interested and understand the role!
Showcase Your Skills:Don’t just list your qualifications; demonstrate how you’ve used your skills in real-world situations. Whether it’s analysing complex datasets or presenting findings, give us examples that reflect your expertise and impact.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We want to see your analytical skills shine through, so make sure your points are easy to follow!
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Money & Pensions Service
✨Know Your Economics Inside Out
Make sure you brush up on your economic theories and principles, especially those related to impact assessment. Familiarise yourself with the HMT Green and Magenta Books, as they’re crucial for this role. Being able to discuss these concepts confidently will show that you’re serious about the position.
✨Prepare Real-World Examples
Think of specific projects or analyses you've worked on that demonstrate your skills in economic analysis. Be ready to explain how you approached complex datasets and what impact your findings had. This will help you illustrate your experience and make a strong case for your candidacy.
✨Engage with Stakeholder Scenarios
Since this role involves managing relationships with internal and external stakeholders, prepare for questions about how you would handle different scenarios. Think about how you’ve successfully collaborated in the past and be ready to share those experiences. This will highlight your interpersonal skills and ability to influence decision-making.
✨Practice Presenting Complex Information
You’ll need to present findings to various audiences, so practice explaining your analyses in simple terms. Use examples from your past work to demonstrate how you can make complex information accessible. This will show that you can communicate effectively, which is key for this role.
