Senior Consultant - Strategy, Economics & Policy Advisory

Title

Senior Consultant – Strategy, Economics & Policy Advisory

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

• 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
• Economic appraisal and analysis
• Delivering economic impact assessments, cost-benefit analysis and value-for-money assessments
• Conducting and interpreting quantitative and qualitative analysis
• Business case development
• Developing and compiling Green Book-compliant business cases, including options appraisal, economic analysis and clear, evidence-based recommendations
• Strategy and policy advisory
• Applying structured thinking to complex policy and investment problems
• Translating analysis into clear, actionable recommendations for clients
• 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
• 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