At a Glance
- Tasks: Lead economic analysis for major government investments and support innovative programmes.
- Company: Join Innovate UK, the national innovation agency shaping the UK's economy.
- Benefits: Remote work, competitive pay, and the chance to influence real-world change.
- Other info: Dynamic role with opportunities to engage with senior stakeholders and improve economic frameworks.
- Why this job: Make a tangible impact on the UK's future through economic appraisal.
- Qualifications: Degree in Economics and experience with Green Book-compliant appraisals required.
The predicted salary is between 45000 - 55000 £ 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 & risk analysis)
- Partner with programme teams to translate evidence into clear, compelling value-for-money narratives
- Develop theories of change and logic models to underpin appraisal work
- Provide hands-on support through end-to-end business case development and approval processes (UKRI, DSIT, HMT)
- Respond to feedback from stakeholders and external reviewers to strengthen submissions
- Contribute to improving economic appraisal frameworks, tools, and best practice across the organisation
- Communicate complex economic insights to non-technical and senior audiences
- Build strong stakeholder relationships across government and innovation networks
Essential:
- Degree (or equivalent experience) with significant Economics content
- Proven experience delivering Green Book-compliant economic appraisals
- Strong background in economic modelling (CBA, BCR, options appraisal, sensitivity analysis)
- Experience producing business cases for government or equivalent bodies
- Ability to manage multiple complex projects to tight deadlines
- Excellent communication and stakeholder engagement skills
- Demonstrated ability to influence and build credibility with senior stakeholders
Desirable:
- Experience in R&D, innovation policy, or science/technology sectors
- Knowledge of DSIT, UKRI, or wider government appraisal frameworks
- Experience developing logic models / theories of change
- Familiarity with emerging approaches to innovation-focused economic appraisal
Please be aware that this role can only be worked within the UK and not Overseas.
Disability Confident
As a member of the Disability Confident Scheme, UKRI guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group. This scheme encourages candidates with a disability and/or neurodivergence to apply. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.
Armed Forces Covenant
UKRI guarantees to interview veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.
In applying for this role, you acknowledge the following: 'this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs.'
Economic Appraisal Specialist in Leeds 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 diverse projects and opportunities to enhance your skills in economic appraisal while working remotely, ensuring a healthy work-life balance. Join us to be part of a forward-thinking organisation that values collaboration, inclusivity, and the pursuit of excellence in driving transformative change.
StudySmarter Expert Advice🤫
We think this is how you could land Economic Appraisal Specialist in Leeds
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant webinars, and engage with professionals on LinkedIn. The more people you know, the better your chances of landing that Economic Appraisal Specialist role.
✨Tip Number 2
Prepare for interviews by brushing up on your economic modelling skills and understanding HM Treasury Green Book standards. We want you to be ready to showcase your expertise and how it aligns with the needs of Innovate UK.
✨Tip Number 3
Don’t just apply; follow up! After submitting your application through our website, drop a quick message to the hiring team expressing your enthusiasm for the role. It shows initiative and keeps you on their radar.
✨Tip Number 4
Tailor your pitch! When you get the chance to speak with potential employers, make sure to highlight your experience with business cases and stakeholder engagement. We want them to see you as the perfect fit for their team.
We think you need these skills to ace Economic Appraisal Specialist in Leeds
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Economic Appraisal Specialist role. Highlight your experience with Green Book-compliant economic appraisals and any relevant economic modelling skills. We want to see how your background aligns with what we're looking for!
Showcase Your Communication Skills:Since you'll be communicating complex economic insights to non-technical audiences, it's crucial to demonstrate your communication prowess in your application. Use clear and concise language, and maybe even include examples of how you've successfully engaged with stakeholders in the past.
Highlight Relevant Experience:Don't forget to emphasise your experience in producing business cases for government or similar bodies. If you've worked on projects that required managing multiple complex tasks under tight deadlines, make sure to mention those too. We love seeing candidates who can juggle responsibilities effectively!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way to ensure your application gets into the right hands quickly. Plus, it shows us you're keen on joining the Innovate UK team!
How to prepare for a job interview at Resourcing Group
✨Know Your Economic Models
Brush up on your economic modelling skills, especially cost-benefit analysis and sensitivity analysis. Be ready to discuss how you've applied these models in past projects, as this will show your practical experience and understanding of the Green Book standards.
✨Craft Compelling Narratives
Prepare to explain how you translate complex economic data into clear, compelling value-for-money narratives. Think of examples where your communication skills made a difference in stakeholder engagement or influenced decision-making.
✨Showcase Your Stakeholder Skills
Highlight your experience in building strong relationships with stakeholders. Be prepared to share specific instances where you successfully managed feedback from senior audiences or external reviewers to strengthen your submissions.
✨Demonstrate Your Project Management Prowess
Since managing multiple complex projects is key for this role, come equipped with examples that showcase your ability to juggle tight deadlines while delivering high-quality work. This will demonstrate your organisational skills and reliability.
