Economic Consultant

We are offering a great opportunity for economists with some previous professional experience (2-3 years) to join our team as an Economic Consultant.

As an Economic Consultant, successful applicants will be expected to work effectively with both colleagues and clients, using their knowledge of economics to address real world problems. They should have a strong understanding of economic theory (with examination results to demonstrate this) and a genuine interest in applying economics to real world situations (demonstrated through professional experience).

Our company structure offers frequent opportunities to advance these skills by contributing to our project and proposal work, working as part of a team on each assignment. As individuals gain experience, they develop specialist expertise (e.g. in a particular practice area) and leadership skills, and contribute further to the success and development of the business. In the longer term, our ambition is that individuals hired as Economic Consultants continue to develop as professional economists within the firm.

Job Tasks:

  • Using a variety of techniques and theoretical principles to establish causal relationships using different macro- and micro-economic data
  • Undertaking detailed economic and econometric analysis (often using Stata) using large secondary datasets
  • Undertaking complex spreadsheet modelling
  • Designing and managing surveys, and using statistical techniques in order to analyse and interpret the quantitative data collected
  • Using appropriate econometric techniques and theoretical principles to determine the most efficient method of data collection and research methodology
  • Analysing and interpreting information gained and formulating recommendations
  • Providing of economic or statistical advice to governments, commercial enterprises, organisations and other clients in light of research findings
  • Managing projects and workstreams efficiently and effectively
  • Reporting and presenting research findings to clients, wider stakeholders and media

We offer:

  • Fulfilling work that makes a difference to society;
  • A chance to develop your career in a growing, rapidly evolving, and exciting industry;
  • Opportunity to develop expertise and diverse skills as an economist and consultant;
  • Competitive salary and benefits package, including a performance-related bonus scheme, health and dental insurance, pension, 24 annual holidays (plus office closure between Christmas and New Year); cycle-to-work scheme, interest-free travel loan, generous maternity/paternity leave policy;
  • Good work-life balance;
  • Flexible working with option of remote alongside office-based working;
  • Direct collaboration with, and mentoring by, senior management;
  • Intellectual challenges allowing you to develop professionally;
  • Excellent professional development opportunities, including annual training budget, regular staff feedback, and opportunities to progress on merit;
  • Working in a non-hierarchical, young, social, trusting, and growing team; and
  • A diverse international working environment at Somerset House in the heart of London, including regular social events.

Essential skills and attributes:

  • Very good undergraduate degree (at least a 2:1, usually a First) in economics
  • Advanced training in microeconomics and econometrics (ideally including cross-sectional and time series econometrics) in Stata
  • Passion for economics and practical economic research
  • High level of motivation, with an ability to work on your own initiative, as well as part of a project team
  • Excellent quantitative skills (including data management, statistics and econometrics)
  • Excellent writing and communications skills
  • Fluency in English

Specific Experience:

  • 2-3 years’ relevant professional experience in the private sector, consulting, Government, or as a post-doctoral researcher
  • Experience taking lead on project work
  • Demonstrable confidence in a client-facing environment (making presentations, leading calls, etc.)

Preferable:

  • Master’s degree in economics
  • Knowledge of other programming languages (R, Python, SAS)
  • Knowledge of different languages

How to apply

To apply, please send your application by e-mail to [email protected], quoting ‘LE-RECRUIT-Economic Consultant’.

When contacting us you should enclose:

A cover letter indicating your economic interests and motivation for working at London Economics.

A curriculum vitae describing your academic background and grades and employment history, giving the names of at least two referees, and stating your nationality (in case we need to help with work permit applications).

If applicable, please also clearly state your visa situation and its duration.

About London Economics

Like all consultancies, the main outputs of our work are the solutions to clients’ problems. What distinguishes us from other consultancies is that the way we do this is by using a particular set of economic and quantitative tools.

The other distinguishing feature of London Economics is that we enjoy applying the latest advances in econometrics and economics for solving complex problems in the areas of industrial economics, financial economics and public policy. In addition, we are strongly committed to the principle of equal opportunity and we are proud of our multinational and multi-ethnic work environment.

Our culture

The approach of London Economics is the perfect blend between the intellectual stimulus of academia and the professional client-based approach of the leading management consultancies. This culture makes London Economics a unique place to work. It is both fun and dynamic.

Our values

Our culture and the people who make up London Economics determine our values. Simply put these are:

  • Intellectual robustness: we are not interested in fads or fashions, only the right answer. This requires hard work.
  • Honesty: if a client has a problem, or if we do not believe the client’s analysis we will tell them.
  • Professionalism: good economics and lots of integrity only get you so far.
  • Fun: consulting is hard. We put a lot of emphasis on making London Economics an enjoyable place to work and the degree to which a project is interesting is an important factor in deciding whether we take the work.

Inclusion and diversity

We believe a diverse team with different ideas, backgrounds, and skillsets makes us more creative and enables us to deliver better insights to our clients. We are committed to recruiting, promoting, and rewarding our team members solely based on their contribution to meeting the team’s objectives without regard to their sex, race, disability, religion, national origin, ethnicity, sexual orientation, age, or marital status.

London Economics’ offices are fully accessible, however if you require any adjustments because of a disability, please include this in your email application so we can make necessary arrangements. If you have any questions about our recruitment process in order to determine what adjustments you may need, please get in touch.

We actively try to avoid subconscious biases in our recruitment process, so any identifying features will be withheld from reviewers – your CV and test will be anonymised for our initial review.