NERA Summer Internship 2027 - London

Marsh Agency; Greater London; Hybrid; GBP 17,000 - 26,000; Full time

Benefits offered by this job

Hybrid work model

Competitive salary

High-quality training

Buddy to help integrate you into the fi

Firm-sponsored social activities

Job summary

NERA invites talented students to join our Energy and Natural Resources and Auctions and Market Design teams for a Summer internship in London. You will work on real cases, conduct literature and data research, and apply economic theory to policy and market design challenges.

You will develop skills in microeconomics and quantitative methods using Excel, Stata, R, and Python, while collaborating with internationally recognised experts. A hybrid work model and training opportunities are provided.

Qualifications

• Studying Economics and in final year or a current Master’s/PhD student in Economics.
• Interest in microeconomics and quantitative research.
• Comfortable with Excel, Stata, R, Python or similar.
• Strong attention to detail and analytical thinking.
• Excellent written and spoken English; additional language helpful but not required.

Responsibilities

• Conduct literature and data research.
• Perform conceptual analysis applying theory to facts of a case.
• Manage and clean data.
• Analyse data and interpret results.
• Draft reports, memoranda, presentations and other work products.

Skills

Economics

Microeconomics

Quantitative analysis

Data analysis

Analytical thinking

Education

Economics degree (undergrad final year / Master’s / PhD)

Tools

Excel

Stata

R

Python

Job description

NERA (http://www.nera.com/) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For over 60 years, NERA’s economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world’s leading law firms and corporations. We bring academic rigor, objectivity, and real-world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance, and litigation.

NERA’s clients value our ability to apply and communicate state-of-the-art approaches clearly and convincingly, our commitment to delivering unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists, backed by the resources and reliability of one of the world’s largest economic consultancies. NERA serves clients from more than 25 offices across North America, Europe, and Asia Pacific.

NERA provides an environment in which dedication to client and project success, individual professional development, and fun are at the forefront. The work environment is collegial, and there are numerous opportunities to learn and connect with colleagues at all levels.

We are looking for talented individuals to join our Energy and Natural Resources business and our Auctions and Market Design business over the Summer in London.

Responsibilities

Examples of our work might involve the evaluation of climate change and energy policies, including emissions, renewable energy and energy efficiency policies; the assessment of economic impacts including costs, benefits and other social effects of a wide variety of government policies and regulations to markets, businesses and assets; auction design and/or simulation, and competitors’ analysis; the development of pricing systems for transport infrastructure; or the preparation of expert reports on a range of economic and finance issues in litigation and international arbitration proceedings.

NERA’s Auctions team applies economic theory to help governments and businesses design and run competitive auctions. Using game theory and auction design principles, the team develops effective auction formats and bidding strategies. Their expertise spans industries including energy, telecommunications, and procurement. The team also develops specialized software to manage auctions and analyse bidding behaviour. Their work offers students an exciting example of how economic theory solves real-world business and policy challenges.

This is a unique opportunity for you to work on real cases and projects to gain invaluable experience in economic consulting. Collaborating with internationally-recognised experts, you will learn more about the integral work that NERA performs.

Interns at NERA will have the opportunity to work on real cases and:

• Conduct literature and data research
• Perform conceptual analysis applying the theoretical literature to the facts of a case
• Manage and clean data
• Analyse data and interpret results
• Have active participation in drafting reports, memoranda, presentations and other work products

You will need

• To be studying Economics. You will either be in the final year of your undergraduate studies, or a current Master’s or PhD student in Economics, ideally in your penultimate year
• To enjoy microeconomics and quantitative research
• To be comfortable working in Excel, Stata, R, Python or other quantitative software platforms
• To have strong attention to detail and be able to think analytically and critically
• Strong communication skills in English, both written and spoken, and fluency in another language would be useful but is not essential
• To be able to work effectively both individually and in teams

What We Offer

• NERA offers an opportunity to work on high profile projects, so you can apply the knowledge and skills you have acquired during your studies to help solve real world problems
• A competitive salary
• Support to develop through high-quality training
• A ‘buddy’ to help integrate you into the firm and support throughout
• Firm-sponsored social activities
• A hybrid working model providing the benefits of working remotely and of being together in the office.

Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail].