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HM Treasury

Assistant Economist - Analytical Projects Unit

London
£43.1k/yr
Posted about 23 hours ago
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This post can be based in London (1 Horse Guards Road) or Darlington (Feethams House).

Job Summary

If you’re interested in making a difference to people’s lives, the Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK. Working at the heart of government, we collaborate across government to promote responsible public spending and drive strong and sustainable economic growth.

Our work ranges from protecting customers through the regulation of the financial sector, helping to reduce carbon emissions and creating a greener economy, to promoting British trade around the world and supporting people across the country on jobs, growth and more.

We are part of the Darlington Economic Campus, a cross-government hub bringing people together to tackle key national issues while working closer to the communities we serve.

Job Description

This role will suit candidates with excellent analytical skills who are looking for a varied and stretching portfolio of responsibilities, and enjoy working collaboratively with a range of partners.

The post holder will need to be able to support, develop and build a large network across the department and get up to speed on new issues quickly.

The post holder will complete projects lasting around 3 months that apply analytical tools and techniques, as well as economic knowledge, to support policymaking in line with ministerial priorities, often at pace. Previous projects for the team have included:

  • Modelling the labour supply impacts of labour market interventions.
  • Improving modelling capabilities and reviewing methodologies for Inflation Forecasting.
  • Macroeconomic assessment of the UK economy (inflation, investment, labour markets etc.)
  • Developing analysis and building the evidence base to support Government publications and policy announcements.

During projects, the post holder will be matrix-managed in their day-to-day work by a Grade 7 project manager from within their project team. We have well-developed systems for ensuring excellent matrix management, including in a hybrid environment, and ensuring high-quality performance feedback.

The Specific Accountabilities of This Role Are:

  • Integrating in a new team and becoming abreast of the policy area quickly. This will include understanding who key stakeholders are, proactively developing an understanding of the area, and setting the project’s scope within this.
  • Scoping out and planning analytical projects, including by identifying the best analytical techniques, the key outputs, and prioritising work streams with the greatest impact to improve HMT’s understanding of an issue and inform policy advice.
  • Delivering high quality analytical projects at pace, working collaboratively with policy teams across HM Treasury and other Government departments. There may also be opportunities to task-manage staff on projects.
  • Communicating the conclusions of the project to Senior Officials, Ministers, and other partners, influencing the strategic direction of HMT policy.
  • Representing the team across the organisation, helping to burnish the APU’s reputation as a key part of the HMT architecture which influences HMT policy.
  • Supporting wider corporate work of the branch, team and group. For instance, contribute to one of the group’s corporate objectives (which include diversity, inclusion and wellbeing; management excellence; openness, etc.). If not already, you will become a full member of the Government Economic Service (GES) upon successful application.

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Candidate Drop-In Session

The hiring manager will be running a candidate drop-in session to give you greater insight about the role and HM Treasury and ask any questions you might have. If you would like to join us, use the link below to join the call at the right time.

Monday 27th July 2026 @ 13:30 - 14:00 Join the meeting here

If you would like to speak to the hiring manager informally prior to the closing date, please contact Owen Hill: owen.hill@hmtreasury.gov.uk.

Visa sponsorship is not available for this role.

Person Specification

Required Qualifications

An undergraduate degree in Economics, or equivalent work experience. You must possess or expected to have a first or upper second-class honours degree with at least 50% of the modules in economics or have a master's in economics.

In your application form, you’ll be asked to confirm that you hold this qualification. You will need to provide evidence of this qualification if you are invited to interview.

Application Form

Applications should consist of a CV including your employment history, and a 250-word statement demonstrating evidence of each of the below shortlisting criteria. Your CV and employment history won’t be scored. It’s used to give context to your application and support discussions at interview.

The panel will review applications and invite those that best demonstrate evidence of the shortlisting criteria below for interview. Please keep this in mind when writing your application.

Please note that only applications submitted through Civil Service Jobs will be accepted.

  • Technical Skills: Please outline an analytical project you have undertaken, detailing the analysis you undertook and how you carried out the project.
  • Delivering at Pace: An ability to scope out a project from start to finish and deliver under pressure, while balancing competing priorities.
  • Communicating and Influencing: An ability to communicate clearly in written and verbal communications, influence others, and bring technical analysis to life for non-specialists.
  • Working Together: The ability to build and maintain relationships with a range of internal and external stakeholders, working together for a shared objective/outcome.

The lead criterion is: Technical skills.

If we receive a high volume of applications, we’ll first sift using the lead criterion only. Those meeting the minimum score will then be assessed against all remaining criteria.

Interview Stage

If You Are Successful At The Application Stage, You Will Be Invited To Interview Where You Will Be Assessed Against The Following Criteria:

  • Technical Skill - analytical project
  • Behaviours:
    • Delivering at Pace
    • Communicating and Influencing
    • Working Together

Interview Task / Presentation

Prior to your interview, we will contact you about a task and/or presentation that the panel would like you to deliver as part of the assessment. Further details will be communicated to you nearer the time.

Qualifications

An undergraduate degree in Economics, or equivalent work experience. You must possess or expected to have a first or upper second-class honours degree with at least 50% of the modules in economics or have a master's in economics.

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Behaviours

We'll assess you against these behaviours during the selection process:

  • Delivering at Pace
  • Communicating and Influencing
  • Working Together

Technical skills

We'll assess you against these technical skills during the selection process:

  • Please outline an analytical project you have undertaken, detailing the analysis you undertook and how you carried out the project.

Alongside your salary of £43,090, HM Treasury contributes £12,483 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).

  • Generous Annual Leave - 25 days (rising to 30 after 5 years), plus public holidays and the King’s birthday.
  • Outstanding Pension Scheme - Defined Benefit pension with employer contributions of 28.97%
  • Parental Leave Packages - Including 6 months’ occupational pay for maternity/adoption, shared parental leave options.
  • Flexible & Hybrid Working - Options include part-time, job-share, compressed hours, flexitime, and hybrid working (where business needs allow).
  • Advance Schemes & Discounts - Rental deposit, cycle-to-work, SmartTech, season ticket loans, and access to HM Treasury’s benefits portal for a wide range of discount codes.

You can review HM Treasury’s full offer here.

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our [candidate guidance](opens in a new window) for more information on appropriate and inappropriate use.

Selection process details

This vacancy is using [Success Profiles](opens in a new window), and will assess your Behaviours, Experience and Technical skills.

The reference to Experience above is system generated. For this role, experience is not assessed at any stage. We will ask for some CV details in your application form, but this is for reference only and will not be scored.

Candidate Guidance

Please review the candidate guidance for an overview of the Success Profiles and STAR approach, along with top tips for applications and interviews.

Recruitment Timeline

  • Closing date: Sunday 2nd August 2026
  • Shortlisting: w/c 3rd August 2026
  • Interviews: w/c 17th August 2026

This timeline is indicative and may be subject to change. We will inform you if there is a substantial change to the recruitment timeline.

If your contact details change at any time during the selection process, please ensure you update your Civil Service Jobs Profile.

Reserve Lists

You will be placed on a reserve list if your application is successful, but we cannot offer you a role immediately. Where more than one location has been advertised, candidates will be posted in merit order by location. You will be asked to provide your location preference on your application form. Please note that a place on the reserve list does not guarantee an offer.

If you are offered a role in your first preferred location and you

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Skills

Analytical Skills
Project Management
Communication
Influencing
Collaboration
Economic Knowledge
Stakeholder Engagement
Policy Analysis

Location

London, England, United Kingdom

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