At a Glance
- Tasks: Lead economic modelling projects and collaborate with teams to meet client needs.
- Company: Genesis Research Group is a fast-growing healthcare consultancy focused on innovative evidence strategies.
- Benefits: Enjoy flexible working options, performance bonuses, and private medical insurance.
- Why this job: Join a dynamic team making a real impact in life sciences and healthcare decision-making.
- Qualifications: 7+ years in health economics modelling; degree in relevant field required.
- Other info: Remote or hybrid work available; equal opportunity employer.
The predicted salary is between 54000 - 84000 £ per year.
Genesis Research Group is an international healthcare consultancy providing value evidence strategy, generation, synthesis, and communication services to life sciences companies. Delivering these services empowered by technology innovations has enabled us to become a trusted partner with our clients across the development and commercialization life cycle.
Combining both traditional and novel analytical approaches with diverse real-world data, including genomic, medical record, claims and patient-reported information, has allowed us to inform life science company internal decision making as well as submissions and presentations to regulators; health technology assessment authorities and payers; the medical community; and patient organizations.
The company has seen exceptional growth and success, and we are looking for an individual with strong economic modeling skills and extensive project management experience to join us as Principal Scientist, Modeling. The professional in this role will work on clinical and economic modelling projects in collaboration with client engagement and scientific teams, to meet the external payer and HTA needs of our clients. Flexible – hybrid or remote, depending on location.
Accountabilities within this role:
- Develop de novo cost-effectiveness models and budget impact models for HTA/reimbursement submissions.
- Independently adapt existing economic models for US and ex US HTA markets.
- Develop budget impact models/ cost models for payer discussions in the US.
- Knowledge of the pharmaceutical industry, drug development process and HTA or reimbursement processes.
- Support publication of developed models in peer reviewed journals and/or conference presentations.
- Provide input to project proposals.
- Independently plan and monitor project resources and timelines.
- Deliver economic models, reports and presentations.
- Provide economic strategy and insights to project deliverables.
- Create long-term partnerships with clients and work with existing clients to identify new and follow-on projects.
- Implement company economic modeling processes.
Qualifications:
- At least 7 years of health economics modelling experience in the pharmaceutical industry or consulting, with familiarity and understanding of the use of modeling in payer and HTA decision-making.
- A degree in mathematics, statistics, science, economics or other related discipline (2:1 or above) is essential for the role, with a postgraduate qualification in the health-related field (such as health economics, biostatistics, epidemiology) an advantage.
- Experience in hands-on model development from scratch including background research, model conceptualization, model implementation and presentation of model findings in different disease areas.
- Experience of development of budget impact models and early and late-stage cost-effectiveness models.
- Experience of model adaptations for different markets to support HTA submissions.
- Strong understanding of different model structures including decision tree, Markov model, partitioned survival model and multi-state model.
- Strong knowledge of various economic evaluation techniques in different settings.
- Advanced Microsoft Excel modelling skills, including VBA.
- Experience working in R/Python or other statistical software is desirable.
- Excellent technical writing and presentation skills.
- Proven publication record.
- Excellent project management skills, including ability to multi-task and deliver quality work to planned timelines.
- Strong verbal and written communication skills to support communication of complex scientific ideas in a clear and succinct manner.
- Excellent presentation skills.
- Methodical and detail orientated approach.
- The ability to work collaboratively in multidisciplinary teams.
Compensation:
- Performance-related bonus.
- Flexible paid time off.
- Private medical insurance.
Genesis Research Group is an equal opportunity employer. Learn more about our values and experience a better way to grow your evidence-based research career.
Contact Detail:
Genesis Research LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principle Scientist, Modeling (UK-based)
✨Tip Number 1
Familiarise yourself with the latest trends in health economics and modelling. This will not only help you understand the current landscape but also allow you to engage in meaningful conversations during interviews, showcasing your knowledge and enthusiasm for the field.
✨Tip Number 2
Network with professionals in the healthcare consultancy sector, especially those who work in economic modelling. Attend relevant conferences or webinars to connect with industry experts and gain insights that could give you an edge in your application.
✨Tip Number 3
Prepare to discuss specific projects you've worked on that demonstrate your modelling skills and project management experience. Be ready to explain your approach, the challenges you faced, and how you overcame them, as this will highlight your practical expertise.
✨Tip Number 4
Research Genesis Research Group thoroughly. Understand their values, recent projects, and the technologies they use. Tailoring your conversation to align with their mission can show your genuine interest in joining their team.
We think you need these skills to ace Principle Scientist, Modeling (UK-based)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your health economics modelling experience, particularly in the pharmaceutical industry. Emphasise your project management skills and any relevant qualifications, such as your degree and postgraduate studies.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Principal Scientist role at Genesis Research Group. Discuss your experience with economic modelling and how it aligns with their needs, particularly in HTA and reimbursement submissions.
Showcase Technical Skills: Highlight your advanced Microsoft Excel skills, including VBA, and any experience with R or Python. Provide examples of models you have developed and how they contributed to decision-making processes.
Demonstrate Communication Skills: Since the role requires excellent communication skills, include examples of how you've effectively communicated complex scientific ideas in previous roles. Mention any publications or presentations you've delivered to showcase your ability to convey information clearly.
How to prepare for a job interview at Genesis Research LLC
✨Showcase Your Modelling Expertise
Be prepared to discuss your experience with economic modelling in detail. Highlight specific projects where you developed cost-effectiveness models or budget impact models, and be ready to explain the methodologies you used.
✨Understand the HTA Landscape
Familiarise yourself with the health technology assessment (HTA) processes relevant to the UK and other markets. Demonstrating knowledge of how these assessments influence payer decisions will show that you understand the broader context of your work.
✨Prepare for Technical Questions
Expect questions about different model structures like decision trees and Markov models. Brush up on your understanding of various economic evaluation techniques, as well as your advanced Excel skills, including VBA.
✨Communicate Clearly and Confidently
Practice explaining complex scientific ideas in a clear and succinct manner. Strong verbal communication is key, so consider rehearsing your responses to common interview questions to ensure you convey your thoughts effectively.