Economic Analyst
Money & Pensions Service
Get a reply from this employer — a resume and cover letter tailored to exactly what they’re hiring for.
Benefits offered by this job
Job summary
Money & Pensions Service (MaPS) in Bedford is seeking an experienced Economic Analyst to deliver impartial economic impact analysis and to assure the quality of evaluations for nationally significant services.
You will work closely with senior leaders, applying approved government models to assess outcomes, influence decisions, and strengthen credibility. Hybrid working and a focus on societal impact are offered.
Qualifications
- A degree in economics or related field with at least 2 years’ experience in economic analysis.
- Knowledge of the HMT Green and Magenta Books with policy impact experience.
- Proficiency in analysing secondary data sources such as surveys, economic data, and literature reviews.
- Experience in statistical and economic analysis using software like Excel, SPSS, SAS, Power BI, and R.
- Experience designing cost‑benefit analysis, social return on investment (SROI), and economic modelling and forecasting.
- Ability to present complex information to non-technical audiences.
- Able to engage with subject matter experts and stakeholders.
Responsibilities
- Oversee research and evaluation projects to assess the impact of services on users and the wider UK population.
- Manage internal and external stakeholders to identify evidence gaps and new impact opportunities.
- Analyse quantitative and qualitative data to ensure robust economic impact findings.
- Collaborate with partner agencies to design and deliver high-quality primary data collection.
- Synthesize information applying economic analysis knowledge while noting limitations and risks.
- Understand the impact of services on customers/users, including monetary and non-monetary benefits.
- Write reports and present findings to diverse audiences, including non-technical stakeholders.
Skills
Education
Tools
Job description
Economic Analyst
£56,000 per annum
Bedford
Permanent
Hybrid Working
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.
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.
The Economic Analyst will report directly to Senior Statistician and will be responsible for:
- 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.
To be successful in this role, you’ll need:
- 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.
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.
- 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
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.
We love supporting internal growth and progression, while continuing to follow fair and open Civil Service recruitment practices.
- MaPS is unable to offer visa sponsorship.
Reserve List: If you're successful at interview, we may place you on a reserve list for up to 6 months. If a similar role becomes available, you may be offered it without the need for another assessment.
If you believe your application hasn’t followed the Civil Service Commission’s Recruitment Principles, you can contact resourcing@maps.org.uk. If unresolved, you may then contact the Civil Service Commission.
We keep things simple, fair, and transparent:
Applications open: 04th September 2026 I Closing date: 21st September 2026
- Please submit your most up‑to‑date CV along with a cover letter outlining how you meet the essential criteria detailed in the job specification.
Taking place between: 07th September 2026 – 22nd September 2026
- Candidates who meet the initial criteria will be invited to a friendly and informal telephone interview with the Reed team. This is an opportunity to discuss your experience in more detail and learn more about the role.
Scheduled for: 02nd October 2026 and 05th October 2026 (Dates subject to change)
Shortlisted candidates will be invited to attend a final interview via Microsoft Teams.
Interviews will last 1 hour and will be conducted by a panel of three.
The session will include a range of competency‑based questions to assess your skills, behaviours, and alignment with the role.
Everything we do aligns with the Civil Service Commission’s Recruitment Principles.
Job Reference: MaPS01173
Close Date: 21/09/2026
'/%3e%3cpath%20d='M101.744%2012.4726L102.894%2016.1947L99.0021%2013.2201L101.744%2012.4726ZM105.3%208.40937H100.488L99.0026%203.59473L97.5116%208.41047L92.7%208.40385L96.5965%2011.3834L95.1055%2016.1942L99.0021%2013.2196L101.408%2011.3834L105.3%208.40992V8.40937Z'%20fill='white'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_5593_1381'%20x1='90'%20y1='9.44471'%20x2='99'%20y2='9.44471'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%2300AD70'/%3e%3cstop%20offset='0.998594'%20stop-color='%2300B67A'/%3e%3cstop%20offset='1'%20stop-color='%23DCDCE6'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e){kind=small}
