Money and Pensions Service
Economic Analyst
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Job Summary
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.
Why This Role Matters
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.
Job Description
What You’ll Be Doing
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.
Person Specification
What You’ll Bring
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.
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About Us
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.
What We Offer
- 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
Flexible Working
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.
Career Development
We love supporting internal growth and progression, while continuing to follow fair and open Civil Service recruitment practices.
Important Information About Applying
- Please apply only via official MaPS links - we can’t accept applications via email or unauthorised sites.
- 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.
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 for more information on appropriate and inappropriate use.
Selection Process Details
Our Recruitment Process
We Keep Things Simple, Fair, And Transparent
Step 1: CV Submission
Applications open: 04th September 2026 | 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.
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Step 2: Telephone Interview
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.
Step 3: Final Stage Interview
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
Feedback will only be provided if you attend an interview or assessment.
Security
Successful candidates must undergo a basic (or equivalent) criminal record check.
People working with government assets must complete baseline personnel security standard checks.
Nationality Requirements
This Job Is Broadly Open To The Following Groups
- UK nationals
- nationals of the Republic of Ireland
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS)
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
- individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
- Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements
Working for the Civil Service
The Civil Service Code sets out the standards of behaviour expected of civil servants.
We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles.
The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.
Diversity and Inclusion
The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan and the Civil Service Diversity and Inclusion Strategy.
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.
Contact Point for Applicants
Job Contact
Name: Sabreena
Email: moneyand.pensions@reed.com
Recruitment Team
Email: moneyand.pensions@reed.com
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