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High Speed Two (HS2) Ltd

Economic Analyst

Posted 2 Days Ago
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In-Office
London, Greater London, England, GBR
Entry level
In-Office
London, Greater London, England, GBR
Entry level
Provides economic analysis supporting HS2 and rail investment decisions, including appraisal of costs, benefits, risks, and value for money. The role develops analytical models, validates data, prepares business case outputs, communicates findings to stakeholders, and identifies analytical limitations and uncertainties. It requires knowledge of economic appraisal, HM Treasury and Department for Transport principles, strong data analysis, communication, and project teamwork skills.
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This is a permanent role, as HS2 Ltd do not hold a sponsorship license from the Home Office, we are not able to provide sponsorship to any applicant.

Location: Podium -Euston, London

Salary Base salary: c£36,000pa to 42,350 pa depending on skills and experience. In addition, we offer flexible benefits fund of 15% which is paid on top base salary and is fully pensionable, as well as a range of competitive benefits - check them out in the Benefits section on our website.

HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives, and achieves their full potential. In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish, and providing personal and professional development opportunities.

As an Economics Analyst at HS2 you will provide analytical support to the development and delivery of HS2 and wider rail schemes, contributing to evidence‑based decision‑making across the programme. The Economic Analyst applies established analytical approaches to assess costs, benefits and impacts, supporting economic value-for-money assessment and business case development. It is essential you  have an understanding of analytical approaches used to support investment decisions, including economic appraisal and value for money assessment. 

The postholder gathers, interprets, and analyses data from a range of sources to produce clear, robust insights. Working with colleagues and stakeholders, the role supports the development of analysis that informs investment decisions and scheme design, ensuring outputs are proportionate, accurate and aligned with HS2 Ltd and Department for Transport guidance.

About the role:

  • Deliver defined analytical work packages to support economic appraisal and business case development, ensuring outputs meet agreed requirements, quality standards, and timelines. 
  • Gather, validate, and analyse data from multiple sources to support the assessment of costs, benefits, and risks. 
  • Develop and maintain analytical tools and models in line with established methodologies, ensuring outputs are transparent, well-documented and fit for purpose. 
  • Support the development and improvement of analytical approaches by incorporating new data and assumptions where appropriate. 
  • Build effective working relationships with internal stakeholders to understand analytical requirements and ensure outputs meet decision‑making needs. 
  • Prepare clear and concise written outputs and presentations, translating analysis into accessible insights for non‑technical audiences. 
  • Identify and communicate limitations, risks, and uncertainties in analysis, contributing to quality assurance processes. 
  • Work flexibly across the team, supporting a range of analytical priorities as required. 

Actively promote and embed Equality, Diversity, and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies, and procedures on EDI.

About You:

Skills:

  • Ability to analyse and interpret data to identify patterns, trends, and key insights, using appropriate tools such as Excel or other analytical software. 
  • Ability to apply structured problem‑solving skills to break down complex issues and support the delivery of analytical work. 
  • Ability to apply and follow established analytical approaches and frameworks to support economic appraisal and decision‑making. 
  • Strong written and verbal communication skills, with the ability to present analytical findings clearly and concisely to a range of audiences, including non‑technical stakeholders. 
  • Ability to manage time and priorities effectively, delivering work to agreed deadlines and quality standards. 
  • Willingness to seek feedback and continuously improve analytical outputs and ways of working. 

Knowledge:

  • An undergraduate or postgraduate degree in Economics, Mathematics, Transport Studies / Planning, or a closely related discipline (e.g. Science, Geography), or equivalent experience. 
  • Understanding of analytical approaches used to support investment decisions, including economic appraisal and value for money assessment. 
  • Awareness of HM Treasury and Department for Transport economic appraisal principles and how analysis supports business case development. 
  • Understanding of the role of evidence in supporting effective decision‑making. 

Types of Experience:

  • Experience of producing analysis using standard analytical tools (e.g. Excel or similar) and presenting findings in a clear and structured way. 
  • Experience of working in a team‑based or project environment, contributing to shared outputs and objectives. 
  • Experience of handling data and ensuring its quality, including identifying limitations and uncertainties. 
  • Experience of communicating analytical findings to support decision‑making, or a demonstrable ability to do so. 

The post-holder is expected to behave at all times in a manner consistent with the HS2 values of Safety, Leadership, Integrity, and Respect

It is expected that you will actively promote and embed Equality, Diversity, and Inclusion (EDI) in all your work and support and comply with all organisational initiatives, policies, and procedures on EDI.

As HS2 Ltd do not hold a sponsorship license from the Home Office, we are not able to provide sponsorship to any applicant.  Applicants must already have the Right to Work in the UK at the time of application and our process involves a Right to Work validation prior to the interview stage. Note, there are certain types of time-bound visas that we cannot accept.

Any offers made to applicants will be subject to satisfactory completion of pre-employment checks which include Nationality & Immigration Status, employment references, DBS, Financial and Education checks.

We ask for a variety of detail in your online application; however, we perform the first assessment of suitability for a role based solely on the information in your CV. In a further development of our efforts to create a more diverse workforce, your CV will be anonymised, and personal information will be removed during the first stage of the application review. This removes bias from the process and makes it even more important that you attach an updated word version of your CV for each new application ensuring you include evidence directly related to the criteria in the job advert.

Any applications received after the closing date will not be considered.

“We review applications on a rolling basis and may close the advert early if we receive a high number of suitable applications. To ensure your application is considered, we encourage you to apply as soon as possible.

All applicants will be notified of the outcome of their application. However, due to the volume of applications we receive, we are unable to provide individual feedback.”

About Us
High Speed 2 (HS2 Ltd) will be the UK’s new high speed rail network. As well as improving capacity, the new scheme will shorten journey times between a number of Britain’s major population centres, boost the economy and create thousands of jobs.

HS2 Ltd will create a skills legacy and develop a diverse range of talent. We aim to be a leader in EDI practice by creating a safe & inclusive working environment for all our staff - living our values of Safety, Respect, Integrity and Leadership.

In practice, this means we are positive and inclusive about making adjustments, providing flexible working, encouraging our staff networks to flourish and providing personal and professional development opportunities.

HS2 Ltd is also a safety-critical organisation. Employees are required to ensure reasonable care of their own and others’ health and safety by taking personal responsibility for working to our ‘Safe at Heart’ programme principles and following safe working procedures at all times.

HS2 Ltd endeavours to ensure everyone working for us and with us feels included, thrives and achieves their full potential.

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