Economics & Investment Strategy - Healthcare Smarter Investments - Principal Consultants or Managing Consultants

Become part of the team

Our dedicated healthcare economics, investment & financial strategy team combine strategy, economic and financial expertise, and experience to secure investment in healthcare infrastructure. We work on some of the largest investments in the NHS – including multiple >£1bn hospital investments – to develop the business cases for new infrastructure. We have a market-leading reputation for securing agreement to high-profile investments and delivering high-quality solutions to our clients. We also help shape the future of the NHS, working across systems and developing financial strategies and modelling to support integration.

We are a team who have:

Developed the business cases for some of the biggest priority hospital infrastructure investments across England, comprising >£5bn of priority investment
Led highly contentious business cases through public consultation and to decision making
Mobilised and opened emergency response hospitals in response to COVID-19
Modelled national ventilated capacity requirements
Worked closely with NHSE/I, DHSC and HM Treasury to shape national policy
Delivered exceptional results that have a lasting impact is what we do. Balancing proven methodologies with fresh, unconstrained thinking is how we do it. Central to each challenge is a perfectly balanced team of experts handpicked for the task.

What we're looking for

The two roles we are recruiting for within this space are at the Principal Consultant and Managing Consultant levels.

As a Principal Consultant you will be expected to act as an Assignment Manager on small and medium-sized assignments, supervising small teams of two or three consultants and with responsibility for quality, profit, and project planning. You will also support selling activity and generate leads/referrals through your understanding of client needs.

As a Managing Consultant you will be part of our leadership team, taking new service propositions to the market as well as developing new business and strong client relationships whilst leading and delivering great work. At PA, we take a pragmatic view to solving client problems. Our Managing Consultants are not constrained by a narrow role description and take a hands-on, “roll up your sleeves” approach to do what is necessary to meet the client needs.  You should have a track record of successful project delivery working within a major professional services consulting firm however other backgrounds will be considered.

Skills and Knowledge:

  • Experience of developing large (>£100m) business cases for capital investment in healthcare, preferably for hospital investments
  • Experience of using HM Treasury Green Book and business case standards
  • Understanding of datasets and methodologies used to quantify the costs and benefits of public sector investments, including wider economic benefits
  • Understanding of methodologies for forecasting, including demand and capacity forecasting
  • Excellent written and oral communication skills, with the confidence to present work to senior clients
  • The ability to balance strategic, big picture, problem solving with technical business case methodologies
  • Experience working with clinicians to develop innovative clinical models is desirable, especially for acute services
  • Experience of developing commercial models for large capital investments is desirable, especially in healthcare
  • Experience of major service change and reconfiguration is desirable
  • Experience working across NHS systems including providers, commissioners, and integrated care systems
  • You will have relationships into several NHS systems including ideally the national bodies.
  • Experience of working with multi-disciplinary teams to deliver tangible outcomes.
  • Experience within one or more of the following areas would also be an advantage:
    • Degree or higher-level qualification in economics, public policy, finance or a related subject
    • Better Business Cases™ accreditation

Personal Qualities:

  • Energetic, passionate, determined, positive and goal-focused with a commitment to delivering excellence in all circumstances
  • Passionate about developing themselves technically, professionally, and behaviourally
  • Collaborative team player with strong interpersonal skills who builds great relationships with their colleagues and clients
  • Able to engage clients using a range of influencing skills and to be able to communicate technical concepts in a compelling and accessible way
  • Ability to be assertive and firm in their approach but has a flexible, calm, and professional demeanour
  • Commercially shrewd with strong business acumen


  • Private medical insurance
  • Transport allowance
    25 days annual leave with the opportunity to buy 5 additional days
  • Company pension scheme
  • Annual performance-based bonus
  • Life and income protection insurance
  • Tax efficient benefits (cycle to work, give as you earn, childcare benefits)
  • Voluntary benefits (Dental, critical illness, spouse/ partner life
About us

We believe in the power of ingenuity to build a positive human future in a technology-driven world.

As strategies, technologies and innovation collide, we create opportunity from complexity.

Our diverse teams of experts combine innovative thinking and breakthrough use of technologies to progress further, faster. Our clients adapt and transform, and together we achieve enduring results.

An innovation and transformation consultancy, we are over 3,200 specialists in consumer, defence and security, energy and utilities, financial services, government, health and life sciences, manufacturing, and transport. Our people are strategists, innovators, designers, consultants, digital experts, scientists, engineers and technologists. We operate globally from offices across the UK, US, Europe, and the Nordics.

PA. Bringing Ingenuity to Life.


Private equity investment

PA agreed a private equity-style investment with Jacobs in March 2021, a global technical and professional services leader that is “Challenging today, Reinventing tomorrow”. PA and Jacobs have shared values that are based on always doing the right thing for their people, planet and clients; a strong purpose; a desire to make the world a better place; and a drive to help innovative organisations go further, faster.

The relationship with Jacobs will allow PA people to maintain ownership in our business, to act with the care of owners and to benefit from the value that we deliver. More than two-thirds of our people own shares in PA. And it will create new opportunities for our people to build their careers and do impactful work.

The investment from Jacobs sees The Carlyle Group exit their investment in PA after a successful five-year partnership. Together, we’ve built strong foundations that will let us continue to provide exciting new opportunities for our people and clients, and over the next five years grow our firm to more than £1 billion.

Since our founding in 1943, the story of PA has been one of ingenuity – ingenious work that grows businesses, delights customers, serves citizens and improves the health of the planet. As we turn the page with Jacobs, we're excited by the opportunity to create new, and even better stories in the years ahead.

Diversity Statement

We believe that diversity makes us a stronger firm and look to employ people with different ideas, styles and skillsets. This diversity stimulates a rich, creative environment – one in which our people develop, and our clients enjoy enduring results. We’re committed to recruiting, promoting and rewarding our people solely based on their ability to contribute to PA’s goals, without regard to their sex, race, disability, religion, national origin, ethnicity, sexual orientation, age or marital status.

We welcome international applications, but we are unable to offer sponsorship for work permits, so you will need to have the full right to live and work in the UK. Unfortunately, your application will be automatically rejected if you do not have these rights.

Should you need any adjustments to the recruitment process, at either application or interview, please contact us on


Job information

Firm: PA Consulting Group

Location: London



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