At a Glance
- Tasks: Conduct impactful economic analysis to shape financial services for the UK.
- Company: Join the Money and Pensions Service, a supportive and energetic team.
- Benefits: 30 days annual leave, flexible working, and generous pension contributions.
- Other info: Inclusive culture with opportunities for personal and professional development.
- Why this job: Make a real difference in people's financial futures while growing your career.
- Qualifications: Degree in economics with 2 years' experience in economic analysis.
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 bank holidays
- Contributions matched 2 to 1 (employer contribution up to 10% of your salary)
- Season ticket loan
- Cycle to work scheme (up to £3,000)
- Subsidised eye tests & flu jabs
- Life assurance
- EAP Assist & Life
- Enhanced family and sick pay
- 2 paid volunteering days
- Recognition scheme
- Retail discounts portal
- Flexible Working
We believe work should fit around life. This Bedford‐based role offers genuine flexibility so you can balance work, family, and personal commitments. We come together for purposeful team collaboration to stay connected and drive great results.
Career Development
We love supporting internal growth and progression, while continuing to follow fair and open Civil Service recruitment practices.
Economic Analyst in Kempston Hardwick 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 in our modern Bedford offices. With a strong focus on employee growth, we provide ample opportunities for career development, flexible working arrangements, and a comprehensive benefits package that includes generous annual leave, matched pension contributions, and wellness initiatives. Join us to make a meaningful impact on financial futures across the UK while enjoying a collaborative and energetic team environment.
Contact Details:
Money & Pensions Service Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Economic Analyst in Kempston Hardwick
✨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 how you've used data to drive decisions in past roles. We want to see your analytical prowess in action!
✨Tip Number 3
Showcase your passion for making a difference! When you talk about your experiences, highlight how your work has positively impacted others. MaPS is all about transforming lives, so let that shine through.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team and making a real impact.
We think you need these skills to ace Economic Analyst in Kempston Hardwick
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 scenarios. Whether it's analysing complex datasets or presenting findings, give us examples that showcase 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 ability to communicate complex information effectively, especially since you'll be presenting to non-technical audiences.
Apply Through Our Website:We encourage you to apply 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 and our values there!
How to prepare for a job interview at Money & Pensions Service
✨Know Your Economics
Brush up on your economic theories and principles, especially those related to the HMT Green and Magenta Books. Be ready to discuss how you've applied these in previous roles, as this will show your depth of knowledge and relevance to the Economic Analyst position.
✨Data Analysis Skills on Display
Prepare to showcase your proficiency in analysing complex datasets. Bring examples of past projects where you used software like Excel or R for statistical analysis. Being able to explain your methodology clearly will impress the interviewers.
✨Stakeholder Engagement Experience
Think of specific instances where you've successfully engaged with stakeholders. Be ready to discuss how you built relationships and managed expectations, as this role involves working closely with both internal and external parties.
✨Communicate Clearly
Practice presenting your findings in a way that’s accessible to non-technical audiences. The ability to simplify complex information is key, so consider preparing a brief presentation or summary of your past work to demonstrate this skill during the interview.
