Marsh McLennan
NERA Associate Analyst/Analyst - Energy & Natural Resources (London)
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NERA Associate Analyst/Analyst - Energy & Natural Resources (London)
NERA Economic Consulting ⚡ Associate Analyst & Analyst – Energy & Natural Resources Locations: London, Berlin, Frankfurt
About the Role
We are seeking passionate economists with a strong academic foundation to join NERA‘s Energy and Natural Resources team in London, Berlin, or Frankfurt. Established in 1961, NERA is a leader in economic consulting, providing indispensable guidance on critical market, legal, and regulatory challenges across industries worldwide.
Our global network (operating across 25+ offices in North America, Europe, and Asia Pacific) empowers us to deliver rigorous analysis, unbiased expert testimony, and data-driven policy recommendations to top law firms, corporations, regulators, and governments. We specialise in:
- Climate change and energy policies (e.g., emissions, renewable energy, efficiency)
- Policy and regulatory impact assessments (costs, benefits, social effects)
- Auction design & competitor analysis
- Pricing systems for transport infrastructure
- Expert reports for litigation & arbitration
At NERA, you’ll thrive in a collaborative, intellectually stimulating culture with a focus on client success, professional development, and work-life balance. Our principles—clear communication, independence, and excellence—define why clients trust us to tackle their most complex challenges.
Key Responsibilities
As an Associate Analyst or Analyst at NERA, you will:
Core Duties
- Apply graduate-level skills in microeconomics, econometrics, or finance to real-world energy and resource problems across jurisdictions
- Conduct advanced economic analysis, leveraging methodologies such as:
- Demand/Supply Analysis
- Welfare and Cost-Benefit Economics
- Departmental Analysis & Simulations
- Develop actionable research reports, client briefings, and presentations to influence strategic decision-making
- Collaborate with legal firms, in-house teams, and academics to refine economic arguments and policy proposals
- Develop technical and leadership skills, including:
- Mentoring junior staff
- Designing and delivering internal training
- Leading project workflows
Exposure & Growth
- Work on high-profile, global projects with measurable impact (e.g., decarbonisation strategies, market intervention designs)
- Opportunity to publish findings or present at conferences in collaborations with NERA’s worldwide offices
- Platform to enhance industry networks and specialise by helping us address emerging challenges like energy transition, regulatory arbitrage, or reserve valuation
- Travel for client work, client engagements, or training purposes (additional perks and support available)
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Requirements
Qualifications (Must-Haves)
-
Degree(s):
- BA/BSc in economics, finance, or mathematics
- Master’s (MSc/MA) or PhD in a related field (e.g., economics, finance, econometrics, public policy)
- Strong academic credentials with a focus on academic excellence and critical thinking
-
Technical Prerequisites:
- Proficiency in applied economics concepts, including:
- Microeconomics, industrial organisation (IO), empirical methods
- Econometrics and statistical analysis
- Experience with:
- Quantitative software: Excel, Stata, R, Python, or econometric tools
- Policy simulation techniques
- Analytical rigor: Ability to dissect complex issues, spot strengths/weaknesses in methodologies and undertake continuous learning
- Proficiency in applied economics concepts, including:
-
Soft Skills:
- Precision and attention to detail in managing nuanced analyses
- Strong written and spoken communication in English (when fluency in a second language like German/French is present, it’s advantageous but not mandatory)
- Teamwork: Comfortable contributing to multidisciplinary teams and leading discussions with agility
What We Offer
Professional Growth & Culture
- Diverse work clubs & initiatives—connect across projects and cultures both in- and outside firm events
- ‘Buddy system’ for onboarding, ensuring a smooth transition and persistent support
- Flexible career ladder, with roles allowing specialisation (each with tailored development plans)
- Access to globally-recognised experts, including/and exposure to cutting-edge policies and purely applied research
Benefits
- Competitive salary + comprehensive benefits, including:
- Defined-contribution pension scheme
- Generous health insurance with access to specialised consultants (physical/mental wellbeing within a tight-knit network)
- Paternity/maternity/miscarriage leave
- Hybrid working model: Balance the benefits of remote flexibility with the intimacy of in-office collaboration (minimum 3 in-person days/week, with an office "anchor day")
- Firm-wide social events, fostering community and family-friendly environments
- Opportunity to travel as part of your role (additional incentives apply)
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How to Apply
To be considered for one or more of our Energy and Natural Resources Teams in London/Berlin/Frankfurt, submit the following to the posted position:
- CV
- Cover letter (explaining your perceptions of NERA and the role, relevant experience)
- Unsigned academic transcripts
- Writing sample (e.g., graduate thesis chapter, research paper, analytical essay)
Direct link to position: [Inscribed URL not included—apply via NERA’s careers portal]
Important:
Additional notes:
- #NERA ONLY COMPLETE APPLICATIONS WILL BE CONSIDERED (All materials required. Late, incomplete, or generic applications are not reviewed).
- See our full philosophy & culture notes under "NERA Economic Consulting我们知道自己όντιά**(())
About NERA’s Parent Company: Marsh McLennan & Oliver Wyman
NERA is a division of Marsh McLennan (NYSE: MMC), an industry giant in risk strategy and human capital optimisation, supporting clients in 130+ countries through principal businesses Marsh, Guy Carpenter, Mercer, and Oliver Wyan (revenue $24 Billion, 90,000+ colleagues). Marsh (NYSE: MRSH), earning >$27 Billion revenue with 95,000 employees, also operates across the spectrum seen in risk, reinsurance, human resources, and consulting.
Optmised teams here value diversity, equity, and flexible work through a commitment to:
- Equal-opportunity principles (applies to background, disability, and national status like gender reassignment, religious belief)
- Hybrid flexibility, ensuring effective collaboration (three+ onsite days).
Marsh is a signatory to several Equal Employment Opportunity initiatives, with initiatives like "Persistent Partner" training to support unique needs by reasonable adjustments. To facilitate recruitment process access should you have a disability, email our Accommodations team.
**For insight into ... Marsh McLennan, or contact, details:
NERA website: www.nera.com Oliver Wyman: https://oliverwyman.com ; LinkedIn/ Twitter Marsh: corporate.marsh.com ; LinkedIn/ Twitter
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