NERA: Senior Analyst/Consultant (Auckland)

Company:

NERA

Description:

Since 1961, NERA (https://www.nera.com) has provided unparalleled guidance on the most important market, legal, and regulatory questions of the day. Our work has shaped industries and policy around the world. Our field-leading experts and deep experience allow us to provide rigorous analysis, reliable expert testimony, and data-powered policy recommendations for the world’s leading law firms and corporations as well as regulators and governments. Our experience, integrity, and economic ingenuity mean you can depend on us in the face of your biggest economic and financial challenges.

We have an intermediate level opening (3-5 years) for a Senior Analyst or Consultant (depending on experience) to join our Auckland office. The New Zealand team is part of a global network of leading economic and industry experts. The team is involved in high-stakes legal and regulatory proceedings in New Zealand, Australia and Asia, spanning a broad cross section of industries and practice areas. The practice has advised on numerous high-profile cases including, but not limited to, mergers and acquisitions, cartel investigations, damage quantification, abuse of dominance, vertical and horizontal agreements, and State aid.

This includes addressing questions such as:

• Would a merger between New Zealand’s two major newspapers substantially lessen competition?
• Is the fuel market competitive?
• What is a reasonable price for accessing regulated infrastructure such as broadband and electricity networks?
• How should water rights be allocated?
• Is the current design of the wholesale electricity market resulting in efficient outcomes?
• What are the economic costs of using different fuels to decarbonise long distance heavy road freight?
• What loss has a party suffered due to a breach of contract?
• How material is the damage that consumers have suffered due to collusive pricing by suppliers?

Our work involves writing independent expert reports that are filed with courts, regulators and policy makers. It is therefore essential that our work is rigorous, technically accurate and independent.

Your Responsibilities

• Conduct economic research and analysis of background documents and company data regarding antitrust and competition cases
• Apply your knowledge of microeconomics, mathematics, statistics and related fields to perform complex economic research and analyse business, industry and market conditions
• Have responsibility for conducting econometric analysis, economic valuations and analytical studies
• Develop economic models to explain the competitive dynamics of industries, which will require performing extensive quantitative analyses to test model hypotheses and evaluate the structure of industries
• Assess the impact of mergers and acquisitions on competition as well as calculate damages for litigation, and other antitrust as well as litigation issues
• Work directly with counsel and clients to discuss analyses and methodology, both in meetings and through direct correspondence. 
• Train less experienced staff and manage more junior staff to delegate work.
• Design and prepare clear exhibits, tables and reports that support the analysis and present results in meetings.
• Draft memos and expert reports and participate in client meetings and conference calls

You will need

• A post graduate degree in economics, or a related field with a strong academic record.
• 3-5 years’ experience working in economic consulting, or related areas (e.g. for a regulator) in the fields of antitrust/competition, regulation or energy economics.
• Strong empirical analytical skills including econometrics, and have experience in manipulation, visualisation and analysis of large datasets
• Strong technical ability in Stata and familiarity of other languages/tools such as R, Python, Tableau, or VBA would be an advantage
• Business development and project management experience would be an advantage
• To possess excellent English oral and written communication skills
• To be detail-oriented with the ability to think analytically and critically, and to work under tight deadlines
• To be willing to travel if required

What we offer

NERA provides a challenging and rewarding professional experience with competitive compensation. You will be working in a collegial and intellectually challenging environment where independent and innovative thought is encouraged and rewarded. We are a small, tightly knit team with a flat structure, so from the outset you will have exposure to client projects, which include working with large law firms, corporates and regulators. We only work on high-stakes and complex issues and disputes, so our work is intellectually rewarding and constantly evolving.

How to apply

For more information about NERA, please visit our website (www.nera.com). To apply for this position or to find out about other opportunities, please submit your CV, cover letter, writing sample (preferably with some Economics content) and transcripts directly to this posting.

Application closing date- 26th March 2024

#NERA

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.

NERA Economic Consulting (http://www.nera.com/) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms and corporations. We bring academic rigor, objectivity, and real world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance, and litigation.

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.