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 leave, flexible working, and generous employer contributions.
- Other info: Inclusive culture with strong career development opportunities.
- 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.
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 employer: Money & Pensions Service
At the Money and Pensions Service (MaPS), we pride ourselves on being an exceptional 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 and matched pension contributions. Join us to make a meaningful impact on financial futures across the UK while being part of a dynamic team that values collaboration and community.
Contact Details:
Money & Pensions Service Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Economic Analyst in Kempston
✨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 that you can bring real-world impact to the table!
✨Tip Number 3
Showcase your passion for making a difference! When you talk about your experience, highlight how your work has positively impacted users or communities. We love candidates who are motivated by societal change.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at MaPS.
We think you need these skills to ace Economic Analyst in Kempston
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 impact of 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 how it can benefit our team.
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 without any hiccups. Plus, you’ll find all the details you need about the role and our values right there!
How to prepare for a job interview at Money & Pensions Service
✨Know Your Economics
Brush up on key economic principles and models relevant to the role. Be prepared to discuss how you’ve applied these in past projects, especially in relation to impact assessments and policy analysis.
✨Showcase Your Analytical Skills
Prepare examples of your experience with data analysis tools like Excel, SPSS, or R. Highlight specific projects where you conducted rigorous statistical analysis and how it influenced decision-making.
✨Engage with Stakeholders
Think about how you’ve built relationships with internal and external stakeholders in previous roles. Be ready to share strategies for effective communication and collaboration, especially when managing expectations.
✨Present Findings Clearly
Practice summarising complex information for non-technical audiences. You might be asked to explain your analysis during the interview, so ensure you can convey your findings in a compelling and engaging way.
