Senior Economist – Railway Markets & Economics

Office of Rail and Road

Office of Rail and Road

Senior Economist – Railway Markets & Economics


Salary range: £51,516-£62,352

ORR job reference: RME/063

Help decide who can run rail services

The Office of Road & Rail (ORR) protects the interests of rail and road users. We improve the safety, value and performance of railways and roads, today and into the future. As a Senior Economist in our Railway Markets & Economics team, you can help us make a real difference to tomorrow’s rail passengers. 

About the role

When rail operators want to run new services, they must submit a track access application. You’ll conduct the economic analysis required for each application. It’s an interesting, high-profile area that could lead to greater competition, increasing the scope for new entrants outside the traditional franchising model. Your work will involve understanding the likely impacts of new services and comparing alternative, competing proposals. For this, you’ll need to use a range of demand forecasting and economic appraisal techniques. Often, you’ll be building on standard approaches and developing ways of applying them to ORR’s decision-making criteria. Expect plenty of engagement with operators, other economists and the Government too.

There will also be the opportunity to provide economic advice that spans our regulatory work, and to tackle projects related to the next Periodic Review. 

About you

Your work will inform high-level decisions taken by ORR. You therefore need to be a degree-qualified Economist (or equivalent) or highly numerate rail analyst.  A firm grasp of demand forecasting (and relevant models) will be absolutely essential, along with knowledge of transport appraisal and the passenger demand forecasting handbook. You’ll also need strong analytical and quantitative skills. And all this should come with a gift for clear communication. With a natural talent for explaining complex matters simply, you’ll be highly articulate both on paper and in person. Project management expertise completes a wide-ranging skillset.

We can offer a supportive and welcoming environment with opportunities for flexible working and an excellent benefits package including a generous holiday allowance and pension.

Please note that all disabled candidates who meet the essential criteria for the job (as set out above) will be invited to interview. Please email [email protected] if you consider yourself disabled and please do not hesitate to let us know if you will require any adjustments to be made for your interview.

Closing date: 19/06/2017


  • Location: London
  • Job Title: Senior Economist – Railway Markets & Economics
  • Salary: £51,516-£62,352
  • Closed: 19 Jun 2017

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