Economist

  • Location

    London

  • Sector:

    Construction, Engineering

  • Salary:

    Competitive salary

  • Published:

    about 2 months ago

  • Expiry date:

    2020-12-11

  • Client:

    #

Arup is an independent firm of designers, planners, engineers, consultants and technical specialists offering a broad range of professional services. Through our work, we make a positive difference in the world       

The City Economics and Planning team within Arup’s Integrated City Planning business requires an experienced team member with a background in economics, business cases and policy analysis, with a focus on infrastructure and the built environment.

The Role

As a Consultant, you will be responsible for carrying out analytical assignments, research studies and impact evaluations for a mix of public and private sector clients. You will investigate and recommend to our clients what will deliver economic growth, environmental benefits and social value. 

Using key guidance such as the HM Treasury Green Book, you will develop business cases for major new investments in transport, housing, environmental and public / civic assets, and evaluate their impacts in relation to key strategic, economic, social and environmental objectives.  You will undertake detailed quantitative analysis and modelling of project / planning options to compare and analyse economic and financial impacts, calculate benefit-cost ratios and other key metrics. 

You will help evaluate policy impacts on different societal groups, investigate the wider economic impacts of investments, look at the true impacts of different policies over the longer term, as well as help providing advice on how to fund and finance infrastructure. 

You will also play a role in Arup’s thought leadership in cities and planning, focusing on the drivers for economic growth and how we can help meet major challenges of our time such as post-Covid economic recovery, Net Zero climate goals and social equity.   

Across the public and private sectors, you will help our more senior team members manage client relationships with government departments, local authorities, project and property developers, infrastructure operators and other organisations.

Essential Skills and Knowledge

  • A keen interest in economics, and an appreciation of the challenges and opportunities of using economics as a tool in policy-making.

  • An appreciation of what drives economic growth, what structural and policy measures can be implemented to improve outcomes and overcome market failures, focusing in particular on infrastructure measures and the built environment.

  • An understanding of the interaction of the major sector areas within the field of cities (transport, housing, commercial development, funding and financing, quality of life, social policy and others).

  • Highly numerate, with direct experience in quantitative analysis and modelling, including economic and financial evaluation.

  • An appreciation of the strategic case for investment, and to see the “bigger picture”.

  • An experienced task manager and self-starter.

  • Ability to write reports, to reach conclusions, to present effectively, and to help manage client relationships. 

Desirable Skills and Knowledge:

  • Experience in evaluation of economic, social or policy impacts such as econometrics.

  • Experience in environmental economics, Net Zero or related subjects.

  • Experienced user of business case appraisal frameworks (such as the Department for Transport’s TAG framework, HM Treasury Five Case model, Environment Agency’s economic evaluation framework, evaluation frameworks such as the Magenta Book or others).

  • Experience developing appraisals of the Wider Economic Impacts (WEIs) or land use transport impacts of investments in cities.

  • Previous experience working with a client-side organization in the cities / planning sphere. 

Qualifications

  • Educated to degree level, highly literate, and an experienced user of MS Office software.

  • More than 3 years’ experience in cities / transport / housing business case and policy advice. 

Reward and Benefits

We offer a competitive salary at all levels, and one of the best benefits packages in our sector.
Core benefits include cover under the UK Healthcare Plan (private medical insurance), Life Assurance, Accident Insurance, and Income Protection (long term disability) cover. Core benefits are funded by us and made available to all permanent staff in order to support and safeguard your financial, physical, and mental wellbeing. You will also have access to a grade-related Flexible Benefits Fund which you can choose to take as extra cash or spend on a wide range of Choice Benefits to help with your work/life balance and financial security.
In addition, all permanent employees are eligible for the Global Profit Share scheme. Subject to scheme rules employees can receive two Profit Share payments per year, which are dependent on the firm’s financial performance. 

Shape your time 

At Arup, you’ll be a welcomed member of the team with opportunities to participate in cultural and social events with the local community (e.g. as a STEM ambassador) or by joining one of our staff networks for women, culture or LGBT+ people.  You’ll have access to a range of flexible working options – whether you’re a parent,  a carer, a student, or just have a busy lifestyle -  we recognise it’s not always easy to commit to standard working hours so  if you're interested in flexible start and finish times, working from home or working part-time, please let us know when you apply, and we'll discuss how this could work in your role.  

Equality and diversity 

We are an Equal Employment Opportunity (EEO) employer and welcome all qualified applicants. You will receive fair and impartial consideration without regard to sex, race, religion, national origin, age, sexual orientation, disability, veteran status, genetic data, or other legally protected status. We recognise that not all disabilities are visible and will make reasonable adjustments to cater for diverse applicants in the selection and assessment process.