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Behavioural Economist Consultant, Strategy, Manager

Posted: 10 Jun 2021 Closes: 11 Jul 2021
London Competitive
Permanent & Full-time PwC_212328WD

PwC's Economics team is looking for an experienced behavioural economist at Manager or Senior Associate grade to join the firm's expanding practice.

Who we are and what we do

We are one of the UK's leading economics consultancies, and part of PwC's global network of economists. Our team of c.60 economists and policy specialists works alongside a wide range of clients, using economic insights to inform strategic choices, guide the development of policy and assess the impact of major investments. In the boardroom, in front of regulators and with policy makers, we develop big, distinctive ideas and important insights that are grounded in robust economic analysis.

We are known for our leading-edge analysis and thought leadership, such as our annual Women in Work Index and UK and Global Economic Outlook, which regularly feature in the UK and international media. This provides our people the chance to prepare analysis that matters and influences CEOs, governments and regulators alike.

We work as a core part of the firm's strategy consulting practice. Our team works on the practical application of economics to develop real-world solutions to important problems - aligned to the purpose and mission of PwC. We work on stand-alone projects and in collaboration with our colleagues across a range of disciplines and sectors, meaning we offer a huge variety of opportunities for our people to apply their expertise in a range of exciting and different contexts. For example, in the last twelve months our team has:
  • Assisted Ofwat to protected water consumers, as the regulator's PR19 Price Review delivery partner, examining and assessing a £51bn investment programme over the coming five years.
  • Supported a number of energy networks to ensure they receive adequate funding from the regulator to ensure the continued safe and secure provision of electricity and gas to consumers.
  • Examined the impacts of drones on the UK economy, assessing the potential £42bn impact they could have by 2020.
  • Supported a central Government Department on their post-Covid economic recovery plans.
  • Helped a European financial services firm to develop proposals to expand the reach and impacts of sustainable finance.

As well as taking pride in the breadth of the work we deliver and opportunities we offer, we enjoy working as part of a diverse team. Our Economics team comprises people from 12 different countries, speaking 22 languages. As a firm, PwC is committed to building a culture that empowers all of our people to thrive and feel a sense of belonging.

Who we are looking for

We are looking for candidates with a strong background of professional experience, either in a public, private or regulatory environment. The successful applicants will need to demonstrate an ability to apply behavioural science, or theories from related disciplines, in real-world contexts. The applicant must also possess a related Masters level qualification related to the field of behavioural science.

The successful candidates will need to be at ease with applying insights from behavioural economics in a range of contexts, and able to demonstrate extensive knowledge and experience of delivering successful projects, developing new teams and propositions, and driving business growth. Experience with strategy and/or customer strategy is helpful, but not essential. Specific behavioural capabilities include:
  • Act as a technical lead and manager on behavioural science projects, including an ability to coach and advise others;
  • Ability to support the design and implementation of rigorous evaluations, including but not limited to randomised controlled trials;
  • Shape the nature and design of experimental and behavioural research, drawing on the most cutting-edge methods in behavioural economics, econometrics, psychology and data science, to tackle questions of strategic importance for a variety of clients;
  • Ability to employ statistical analysis for the purpose of experimental testing and trials

The ideal candidates will also be able to demonstrate an ability, with appropriate support, to play a role in the expansion of PwC's behavioural economics work.

Whilst the successful candidates will work across a range of industrial sectors, we would be especially interested in candidates with experience in one or more of the following industries: energy; water; technology & telecommunications; transport; retail; and financial services.

We envision the role to be based in our London office, but we are also open to discussions with regards to being based in one of our regional offices. We have also launched new flexible working arrangements for our staff which envisages a flexible hybrid working model with time spread across our offices, client sites and home working.

Responsibilities
  • Provide behavioural economics advice and share expertise to the wider team, the firm and to external stakeholders and clients
  • Originate thought leadership and create ideas for new research that advances PwC's Behavioural Economics offering
  • Managing junior staff on projects, between 2-5 at any one time
  • Coaching and mentoring junior staff and upskilling them to aid their progression
  • Authoring reports based on client commissions
  • Leading monthly team tutorials on behavioural economics thought leadership to benefit the whole team
  • Seek opportunities to take behavioural economics to clients and support the development of the team's 'go to market' plan across various industries
  • Reviewing broader team work in line with PwC standards to ensure quality delivery for clients

Essential Requirements
  • Strong academic background and a Masters level qualification in behavioural economics, behavioural science, experimental economics, applied psychology, social data science or a related discipline from a leading university
  • 3-7 years experience (dependent on role) in consulting or internal advisory roles that employed behavioural economics; could be within either a public, private or regulatory environment
  • Ability to provide general guidance on how to change or improve a programme or project based on behavioural science insights and/or methodology
  • Ability to originate thought leadership and creative ideas for new research
  • Excellent interpersonal and relationship skills
  • Excellent written and oral communication skills
  • Fluency in spoken and written English is a key requirement
Preferred Requirements
  • Experience in designing and implementing behavioural field trials, evaluations, impact assessments
  • Experience in visualising data and communicating the results of analysis in a way that makes complex findings accessible to a broad audience
  • Experience of one or more of the following systems; Alteryx, Stata, R, Matlab, Python

Consulting

In Consulting we deliver practical, far-sighted advice that gets straight to the heart of clients' business issues and delivers amazing results by helping our clients improve the way they operate, reduce costs, manage risks, leverage talent or fundamentally change the way they do business, the work you do will be all about helping organisations of all shapes and sizes work smarter and grow faster. You could find yourself working with household names in a diverse range of industries - everyone from big-name broadcasters and high-street banks to multinational telecoms operators and energy companies.
Not the role for you?

Did you know PwC offer flexible contract arrangements as well as contingent work ( ie temporary or day rate contracting)?
The skills we look for in future employees

All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional' and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.

Learn more here www.pwc.com/uk/careers/experienced/apply
Diversity

Valuing Difference. Driving Inclusion.

We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements. Learn more here about our work to support an inclusive culture.

www.pwc.com/uk/diversity
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