NERA
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 Roles
Energy and Natural Resources Business – London, Berlin, and Frankfurt
Since 1961, NERA (https://www.nera.com) has provided unparalleled expertise on critical market, legal, and regulatory challenges. Our field-leading economists combine deep industry knowledge with rigorous, unbiased analysis to support:
- Leading law firms and corporations
- Government regulators and policymakers worldwide
- Clients navigating complex economic, financial, and strategic challenges
NERA’s global reputation rests on delivering high-quality, objective insights—empowering diverse clients to solve real-world problems with confidence and integrity.
With 25 offices worldwide, NERA fosters a dynamic, collaborative environment that values: ✅ Client and project success through dedication and excellence ✅ Professional growth and skill development ✅ Teamwork and camaraderie, with opportunities to collaborate across levels
About the Role
Join our Environment, Energy, and Climate practice or another NERA team in London, Berlin, or Frankfurt as an Associate Analyst or Analyst. This is your chance to:
- Apply graduate-level economic theory and empirical research to high-priority industry and policy challenges
- Work alongside in-house experts and academic scholars
- Develop advanced project management, analytical, and communication skills
- Influence strategic decisions through oral and written reports, presentations, and consultations
Your work will marque the intersection of:
- Climate policy (emissions, renewable energy, efficiency regulations)
- Regulatory impact assessment (cost-benefit analyses, market effects)
- Auction design and competitive analysis
- Transport pricing and infrastructure economics
- Litigation and arbitration expertise (conflict resolution, dispute analysis)
Key Responsibilities
- Conduct cutting-edge economic research, applying statistical models (e.g., econometrics, IO theory) to assess decisions and market effects
- Evaluate government policies—mapping outcomes on emissions, energy markets, or transport systems
- Design and run simulations and economic models (e.g., auction arbiters, competitor behaviour)
- Contribute to expert reports and presentations for senior management and clients
- Steer project strategy, take ownership of analyses, and refine outputs collaboratively
- Train and mentor junior staff (through presentations and training sessions)
- Present findings both legally and commercially, adapting insights to client needs
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
See breakdownIt searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Requirements
Education & Degree Specialisation
- A BA/BSc and Master’s (or PhD) in Economics with an outstanding academic record
- Preferred disciplines: Microeconomics, Industrial Organisation (IO), econometrics, finance, or rigorously quantitative fields
- Note: Exceptional candidates from any field with strong analytical skills are welcome
Professional Support
- Strong passion for microeconomics and preference for research-implementation
- Proficiency in quantitative tools: Excel, Stata, R, or Python (experience with simulation software a plus)
- Analytical fluency with numbers, finance, market dynamics, and real-world applications
Communication & Collaboration
- Exceptional written and conversational English—analytical clarity and easy readability required
- Bonus: Fluency in a second language (not mandatory but highly valued)
Work Ethic
- Precision, critical thinking, and adaptability under evolving project demands
- Ability to work independently or collaboratively, tackle problems methodically
What We Offer
Career Growth
- Work on high-profile, impactful projects—putting your education into practice
- Formulate strategies that shape industries, litigation, or policy, with a lasting international influence
Compensation & Benefits
- Competitive salary + comprehensive benefits, including:
- Defined-contribution pension scheme
- Health insurance and wellness perks
- NB: Specific pay scales available upon contact


Get help with your application
Your very own career expert that helps elevate your application to the next level.
Professional Development
- Invest in your growth through customised training programs
- Refresh your skills with in-office and external learning opportunities (conferences, courses)
Wellbeing & Culture
- Welcome buddy system for seamless integration into teams
- Vibrant social activities, arranged by the firm and teams:
- Workshops
- Networking events
- Team-building days
- Open positive feedback culture where questions foster progress
Flexibility
- Hybrid work model: Empowers remote flexibility without sacrificing in-person collaboration
- Office-based teams commit to 1+ in-person days/week for alignment
About Marshall McLennan
NERA is part of Marsh (NYSE: MRSH), a global risk consultancy serving clients across 130+ countries. Within Marsh McLennan (NYSE: MMC), NERA’s energy practice operates alongside:
- Oliver Wyman’s industry insight (business optimization, strategy)
- Guy Carpenter’s reinsurance expertise
Marsh McLennan champions diversity, inclusion, and flexibility, reflecting our global perspective and valuing all cultures in driving innovation.
Our Commitments to Inclusion
- Equal Opportunities Employer: We seek talent across backgrounds regardless of— (age, sexual orientation, disability, ethnicity, religious beliefs, national origin, gender)
- Reasonable Accommodations: If a disability requires adjustments during hiring, contact: reasonableaccommodations@marsh.com
- Hybrid Flexibility: We expect ≥3 in-office days/week but offer flexibility for certain client roles
To apply now: Send your CV, cover letter, academic transcripts, and a writing sample [direct link]。 Specify London, Berlin, or Frankfurt eligibility.
NERA Economic Consulting
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