Graduate Economics Analyst

3 weeks ago

Milton Keynes Buckinghamshire, United Kingdom East West Rail Company Full time

Employment Type: Full Time
East West Rail is an infrastructure programme linking communities between Oxford and Cambridge. The area is currently let down by a lack of transport choices, and we have a once in a generation opportunity to fix that – improving prosperity for people and places along the way.
East West Railway Company (that’s us) was created by the Department for Transport (DfT) to oversee the delivery of East West Rail from construction through to wheels in motion, making sure the railway comes together in the right way.
Unique opportunity to support the development of a Nationally Significant Infrastructure Project by taking responsibility for developing the company’s economic analysis and shaping how it drives decision-making across the project, including through high-quality business cases.

East West Rail operates a matrix structure. Dependent development (housing) analysis that will shape decision-making across the company, for example identifying preferred locations.
Embedding a new programme of analysis on Social Value to consider wider social, economic and environmental benefits.
Engage with a range of stakeholders within the DfT, DLUHC and other government departments to ensure that EWR Co’s plans and activities support the government’s overarching ambitions for the Oxford-Cambridge Arc, including realising the potential growth and housing opportunities identified by the National Infrastructure Commission (NIC)
Scope out the content of the Outline Business Case (OBC) that will be submitted for government approval (DfT and HMT) and enable EWR Co to submit the DCO application.
Commission, shape, and influence analysis from the consultants that EWR Co is procuring to model the wider economic benefits of the EWR scheme.
Work with experts in the business and across government departments to develop strategies and carry out cost benefit analysis for workstreams such as freight, traction, fares and rolling stock.
Promote diversity and inclusion in the workplace and adopt appropriate behaviours when interacting with colleagues.
Experience of and a passion for developing and using analysis to support robust decision-making
Evidence of working proactively and flexibly within a dynamic environment to influence policy and decision-making.
An ability to communicate analysis clearly, concisely, and effectively, including to senior decision-makers.
Strong project management skills (or a willingness to develop this in the role), experience in managing multiple work streams and aligning project work with business priorities.
Previous experience of developing and/or reviewing business cases within a government context, or in a closely related field, i.e., appraising or evaluating investment decisions or regulatory change would be beneficial.
Knowledge of the rail sector is not essential, although experience of transport policy or related economic development area (e.g., housing, local growth) is desirable.
Competitive base salary
~ Up to 12% employer’s pension contribution
~36 days holiday a year (including bank holidays) + up to 2 days to buy
~ Life assurance
~ Employee Assistance Programme
~ Perks platform with hundreds of discounts and freebies
~ On-the-spot and annual awards
~ Flexible working opportunities
~ Enhanced family-friendly policies
~ EWR Co strives to embrace a flexible working environment, where a degree of flexibility is maintained to accommodate both the needs and preferences of employees and what is required to achieve business objectives. EWR Co will always work with any individual to assess and accommodate an individual’s work life balance and style.
Diversity and inclusion:
To discover the best solutions, it’s important we embrace diversity of thought. Our approach to diversity is simple – a workplace where everyone is welcome, and everyone is encouraged to be themselves. It helps fuel our innovation and connects us with the customers and communities we serve.

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