At a Glance
- Tasks: Lead economic analysis for major government investments and develop impactful economic models.
- Company: Join Innovate UK, the national innovation agency shaping the future economy.
- Benefits: Remote work, competitive pay, and the chance to influence real-world projects.
- Other info: 12-18 month contract with opportunities for professional development.
- Why this job: Make a difference by driving growth and transforming industries through innovative programmes.
- Qualifications: Experience in economic analysis and strong analytical skills required.
The predicted salary is between 50000 - 60000 £ per year.
On behalf of Innovate UK, we are looking for an Economic Appraisal Specialist (Inside IR35) for a 12-18 months contract based Remotely/Home based.
UK Research and Innovation (UKRI) is the national funding agency investing in science and research in the UK. UKRI invests £8 billion of taxpayers' money each year into research and innovation and the people who make it happen. They work across a huge range of fields - from biodiversity conservation to quantum computing, and from space telescopes to innovative health care. They give everyone the opportunity to contribute and to benefit, bringing together people and organisations nationally and globally to create, develop and deploy new ideas and technologies.
Join Innovate UK, the national innovation agency, and play a pivotal role in shaping the UK's future economy. As an Economic Appraisal Specialist Consultant, you'll deliver high-impact economic analysis that informs major government investment decisions, supporting innovative programmes that drive growth and industry transformation.
As an Economic Appraisal Specialist, your main responsibilities will be:
- Lead the development of economic cases for major business cases aligned to HM Treasury Green Book standards
- Build robust economic models (cost-benefit analysis, BCR, sensitivity)
Economic Appraisal Specialist employer: Resourcing Group
Innovate UK is an exceptional employer that champions innovation and research, offering a dynamic work culture where your contributions directly impact the UK's economic landscape. With a commitment to employee growth, you will have access to continuous professional development opportunities while working remotely, allowing for a flexible work-life balance. Join us in a role that not only values your expertise but also empowers you to be at the forefront of transformative projects across diverse fields.
StudySmarter Expert Advice🤫
We think this is how you could land Economic Appraisal Specialist
✨Tip Number 1
Network like a pro! Reach out to professionals in the economic appraisal field on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that dream role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of HM Treasury Green Book standards and economic modelling techniques. We recommend practising common interview questions and even doing mock interviews with friends to boost your confidence.
✨Tip Number 3
Showcase your skills through real-world examples. When discussing your experience, focus on specific projects where you’ve led economic analysis or developed business cases. We want to see how you’ve made an impact!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we often have exclusive roles listed there that you won’t find anywhere else.
We think you need these skills to ace Economic Appraisal Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Economic Appraisal Specialist role. Highlight relevant experience and skills that align with the job description, especially in economic analysis and model building.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit for Innovate UK. Don’t forget to mention any specific projects or achievements that relate to the responsibilities outlined.
Showcase Your Analytical Skills:Since this role involves high-impact economic analysis, be sure to showcase your analytical skills in your application. Provide examples of past work where you've successfully developed economic cases or models, and how they influenced decision-making.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Resourcing Group
✨Know Your Economic Models
Make sure you brush up on your knowledge of economic models, especially cost-benefit analysis and BCR. Be ready to discuss how you've applied these in past roles or projects, as this will show your practical understanding and ability to deliver high-impact economic analysis.
✨Familiarise Yourself with HM Treasury Green Book
Since you'll be leading the development of economic cases aligned to HM Treasury standards, it’s crucial to understand the Green Book inside out. Prepare examples of how you've used its principles in your work, as this will demonstrate your capability to meet their expectations.
✨Showcase Your Analytical Skills
During the interview, highlight specific instances where your analytical skills made a difference in decision-making processes. Use data and outcomes to back up your claims, as this will help illustrate your impact and expertise in economic appraisal.
✨Prepare Questions About Innovation
Think about what questions you can ask regarding Innovate UK's role in driving growth and industry transformation. This shows your genuine interest in the position and helps you understand how you can contribute to their mission effectively.
