JOB DESCRIPTION
About therole
PwC Economics is one of the UK’s leading economics consultancies, and part of PwC's global network of economists. Our team of c.50 economists work with a wide range of clients, using economic insights to inform strategic choices, guide the development of policy and assess the impact of major investments. In the boardroom, in front of regulators and with policy makers, we develop big, distinctive ideas and important insights that are grounded in robust economic analysis. Our team works on the practical application of economics to develop real-world solutions to important problems - aligned to the purpose and mission of PwC.
One of the four key pillars of PwC’s Economics practice, the Impact Measurement & Optimisation team supports clients in public and private sectors with:
1. Economic Impact Assessments– robustly estimating the total economic footprint of a firm, policy, or investment
2. Impact Evaluations– estimating the impact a policy or intervention has had, using econometric techniques
3. Social Impact Quantification– quantifying and monetising non-market value
4. Behavioural Economics– using incentive design and nudge techniques to optimise outcomes
We are looking for well-rounded individuals who can combine technicalexcellence,greatpeople skills, and are interested in playinga big rolein growing the practice area. You will need to have a degree of creativity, entrepreneurial spirit and use this to applyimpact assessmenttools and techniques to a businessand/or policy context.
You will also need to have well-rounded skillsrequiredfrom a consultant,including a flair for building andmaintainingrelationships.
You will need todemonstratea strong background of professional experience, gained in consulting, business,and/or government, and have demonstrable experience of being rigorous,adaptableand creative to solvedifficult economic, business or policy questions usingquantitative economics.
Ideally youwill beable todemonstrateknowledge and experience of delivering successful projects in at leasttwoor more of the followingtechnicalareas:
5. Quasi-experimental econometrics /microeconometrics
6. Input-Output modelling
7. Non-market valuation
8. Health Economics
9. Behavioural Economics
In additiontoappliedeconomics skills,it extremelyadvantageousfor candidates to have consulting experience.
What your days will look like:
10. Take the lead to deliver robust and rigorous economic analysis and writing of reports which require the use and application ofmicroeconomic andmicroeconometricmethods
11. Development and application of robust methodologiesto answer commercial, policy or other questions
12. Coachingjunior staff on projects and ensuring sufficient time for quality assurance from senior colleagues
13. Support senior colleagues to develop responses to invitations to tender and other business development activity
This role is for you ifyou have:
14. Atrack recordofapplying quantitative economic techniques to solve real world problems
15. Commercial experience,includingdeveloping and nurturing trustedrelationships withcolleagues andclients
16. Experience playing a leadership role in small project teams
17. Apassion for teamwork, andplaying a role indevelopinga fun, collaborative working environment
18. An Economicsdegree (or an international equivalent) or have equivalent work experience
19. Experience translatingcomplicated economic messages to a non-technical audience
Whatyou’llreceive from us:
No matter where you may be in your career or personal life, ourare designed to add value and support, recognising and rewarding you fairly for your contributions.
We offer a range of benefits including empowered flexibility and a working week split between office,homeand client site; private medical cover and 24/7 access to a qualified virtual GP; six volunteering days a year and much more.