Senior Consultant Strategy, Economics & Policy Advisory

Title:

Job Title: Senior Consultant – Strategy, Economics & Policy Advisory 

Salary range: £60,000 to £75,000 per annum 
Location: Any UK FNC office
Working Pattern: We operate a flexible hybrid working pattern at Frazer-Nash, with time split between the office, client sites and working from home. 
Closing date: 26th June 2026
 
We encourage early applications, as vacancies may close once we receive sufficient applications.

About the role
Due to continued growth, we are looking for a Senior Consultant to join our Techno-Economic Assessment team, working across strategy, policy, economic appraisal and programme evaluation.

This is a client-facing delivery role for someone who can manage complex workstreams, contribute to securing new work, and deliver high-quality outputs for clients.

Our work supports major public and private sector organisations to make better decisions about investment, policy and delivery. We combine economic thinking with practical delivery experience, working across the full lifecycle — from strategy and business case development through to programme delivery and evaluation.

As the importance of robust evaluation continues to grow, we bring together appraisal and evaluation — using Green Book approaches to assess value for money upfront, and Magenta Book methods to evaluate real-world impact and generate learning once programmes are underway.

Typical projects include:
•    Programme and project evaluation (aligned to HM Treasury Magenta Book)
•    Cost-benefit analysis and economic modelling
•    Business case development and economic appraisal
•    Policy and strategy development
•    Market analysis and investment decision support

What you’ll be doing:

1. Programme & project evaluation
•    Supporting the design and delivery of evaluations in line with Magenta Book guidance
•    Developing theories of change, evaluation frameworks and monitoring approaches
•    Contributing to process, impact and value-for-money evaluations

2. Economic appraisal and analysis
•    Delivering economic impact assessments, cost-benefit analysis and value-for-money assessments
•    Conducting and interpreting quantitative and qualitative analysis

3. Business case development
•    Developing and compiling Green Book-compliant business cases, including options appraisal, economic analysis and clear, evidence-based recommendations

4. Strategy and policy advisory
•    Applying structured thinking to complex policy and investment problems
•    Translating analysis into clear, actionable recommendations for clients

5. Leading delivery
•    Managing workstreams within projects and supporting overall project management
•    Producing high-quality analysis, reports and client deliverables
•    Managing junior team members and supporting their development

6. Business development support
•    Contributing to proposals and bid development
•    Supporting the development of client relationships and repeat work

Requirements

Essential:
•    Experience in a consultancy or advisory environment
•    Programme and project evaluation, including familiarity with Magenta Book principles
•    Demonstrated experience delivering economic, policy or strategy projects
•    Experience of applying economic appraisal frameworks (e.g. Green Book, Magenta Book, WebTAG or equivalent)
•    Analytical skills, both quantitative and qualitative
•    Business case development and cost-benefit analysis
•    Ability to manage workstreams and deliver to time, quality and budget
•    Effective written and verbal communication skills
•    Degree qualified in related discipline (2:1 or above)

Desirable:
•    Policy development and strategy work
•    Economic modelling (econometrics, financial modelling, demand/supply modelling, or techno-economic analysis)
•    Impact assessment (e.g. GVA, jobs, wider economic impacts)
•    Experience supporting bids or proposals
•    Masters’ degree in related discipline

What we’re looking for:
•    A capable consultant who can combine analytical rigour with practical delivery
•    Someone comfortable working across strategy, economics and policy
•    A clear communicator, able to explain complex concepts simply
•    A collaborative contributor who can lead workstreams and support others
•    Someone interested in developing their commercial skills and client relationships
•    Motivated to grow their career within a challenging advisory environment

What we offer
We offer a flexible, supportive working environment with the opportunity to work on important projects and develop your skills across strategy, economics, policy and evaluation.

We are committed to building a diverse and inclusive team and welcome applications from candidates with a range of backgrounds and experiences.

Due to the nature of the work that Frazer-Nash Consultancy undertake, candidates will be required to undergo pre-employment screening and must be able to satisfy clearance criteria for UK National Security Vetting.

BENEFITS
We provide our people with an excellent benefit and offering package that comprises:
•    Competitive salary with yearly reviews
•    25 days holiday + the opportunity to buy 5 days.   
•    A company that has its heart in the right place and a welcoming work culture.   
•    Happy to talk flexible working
•    Enhanced parental benefits
•    Company pension scheme
•    Targeted professional development
•    Life assurance
•    Private healthcare membership
•    Bonus scheme linked into company performance
•    Paid membership fees to a professional institution
•    Support in attaining professional membership
•    Cycle to work scheme
•    Season rail ticket loan
•    And further optional benefits you can tailor to your personal requirements