Strategy - Microeconomist - Managers / Senior Managers - London
Who we are looking for
PwC's Economics team is looking for experienced microeconomists to join the firm's rapidly expanding practice.
We are looking for candidates with a strong background of professional experience, most likely gained in economics consultancy, but potentially gained in an economic regulator or competition authority, a regulated company, government, international organisation or think-tank. The successful applicants will need to demonstrate an ability to apply economic theory in real-world contexts. Possessing either a Master's degree or PhD with a significant applied microeconomics and/or microeconometrics component will be advantageous, although this is not a prerequisite.
The successful candidates will need to be at ease with microeconomic theory and able to demonstrate extensive knowledge and experience of delivering successful projects in of one or more of the following areas:
- Economic regulation
- Industrial organisation and competition policy
- Market analysis
- Market design
- Incentive design
- Deals-related economic, commercial and regulatory due diligence
- Financial economics (including experience of CAPM and WACC)
- Applied game theory (including market simulation)
- Economic impact assessment (including input-output modelling)
- Welfare economics (including cost-benefit analysis)
- Behavioural economics
- Experience of econometrics - especially microeconometrics (e.g. panel data and non-parametrics) - would be particularly valuable. Knowledge of computer programmes/languages used in econometrics and microeconomics - for example Stata, R, Matlab - would also be an asset.
The ideal candidates will also be able to demonstrate an ability, with appropriate support, to source business opportunities and play a significant role in the expansion of PwC's microeconomics 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; telecommunications; transport; financial services; and healthcare.
- Demonstrable professional experience in microeconomics.
- A minimum of a degree in economics with a microeconomics focus - a Masters or PhD would be preferable.
- Fluency in spoken and written English is a key requirement, and knowledge of another language is an advantage.
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.
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.
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, as well as those who reflect the diverse nature of our society. And we aim to encourage a culture where people can be themselves and be valued for their strengths. Creating value through diversity is what makes us strong as a business and as an organisation with an increasingly agile workforce, we're open to flexible working arrangements where appropriate.