At a Glance
- Tasks: Join our HEOR Research team to develop economic models and demonstrate the value of health technologies.
- Company: Lumanity, dedicated to improving patient health through innovative medical access solutions.
- Benefits: Competitive salary, bonuses, private healthcare, and flexible working hours.
- Other info: Inclusive workplace with opportunities for professional growth and development.
- Why this job: Kickstart your career in health economics with hands-on experience and diverse project involvement.
- Qualifications: Recent graduate with a passion for health economics and strong analytical skills.
The predicted salary is between 51750 - 63250 £ per year.
Lumanity is dedicated to improving patient health by accelerating and optimizing access to medical advances. We partner with life sciences companies around the world to generate evidence to demonstrate the value of their product, translate the science and data into compelling product narratives, and enable commercial decisions that position these products for success in the market. We do this through strategic and complementary areas of focus: Asset Optimization and Commercialization, Value Access and Outcomes, Medical Strategy and Communications, and Real-World Evidence.
We are seeking a talented individual to join our HEOR Research team as an Associate Consultant, specialising in Health Economic Modelling. This is a perfect opportunity for a self-motivated new graduate looking to start a career and gain experience in the evolving and increasingly important health economics and patient outcomes industry, with a focus on economic modelling. Our Research team comprises four core specialisms: Economic Modelling, Value & Access, Statistics, and Evidence Review. We offer a structured graduate programme in which the successful candidate will spend approximately half their time focusing on economic modelling, and half their time gaining experience across the other specialisms. Where possible, cross-specialism experience is gained through end-to-end involvement in multi-disciplinary projects, giving you exposure to how different elements of HEOR work together in practice. The successful candidate will be enrolled in our training programme developing technical, scientific, and consulting skills in all areas. As you progress in your career you will have the opportunity to deepen your skills in economic modelling while also developing a secondary specialism — Value & Access, Statistics, or Evidence Review — based on your interests and strengths.
As an Associate Consultant, you will work closely with other Lumanity team members to deliver high-quality, health economics-focused deliverables demonstrating the value of our clients' products. You will develop and communicate economic models to demonstrate the impact of a new health technology (drug, device, diagnostic technique, etc.) on both patients and healthcare systems. The role is varied because every engagement is different depending on the unique scientific and access needs related to different treatments and diseases. A typical project may include:
- Researching the disease area and understanding the current treatment landscape and health technology assessment guidelines
- Analysing the effectiveness and safety of the new technology using results published in journal articles and data from clinical trials or disease registries
- Designing and developing transparent and user-friendly economic models — typically built in Microsoft Excel, but may also be constructed in other software such as R
- Reporting and explaining what you have done — verbally, in a written document, or as a presentation to fellow team members or clients
In addition to modelling work, other responsibilities may include:
- Conducting literature reviews
- Developing HTA reimbursement dossiers for a variety of stakeholders, including the National Institute for Health and Care Excellence (NICE) in England and the Scottish Medicines Consortium (SMC)
- Supporting statistical analyses, such as Network Meta-Analyses
- Producing abstracts, posters, or manuscripts to report the findings of studies
- Helping other health economists and/or statisticians
The ideal candidate is an enthusiastic graduate with a strong motivation to drive their development and learning in a fast-paced environment. A postgraduate qualification (MSc or PhD) in health economics or a closely related field is required. Curiosity and enthusiasm for developing client-facing consulting skills alongside technical expertise are essential. Candidates should possess:
- Written English to a professional scientific-writing standard
- Excellent quantitative and analytic skills and critical thinking, with the ability to explain complex calculations and ideas clearly and intuitively — both verbally and in writing
- Excellent communication skills and an ease in liaising with technical and non-technical audiences
- Fluency in Microsoft Office packages, particularly Excel, Word, and PowerPoint — Visual Basic for Applications and other logic-based software coding knowledge is valuable but not essential at entry
- Ability to work productively independently and in a multidisciplinary team environment
- Organisational skills with close attention to detail and personal time management
Please note: This role may require occasional travel, for example to attend client meetings in person or for conference attendance. Lumanity is an equal opportunities employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Benefits include:
- Competitive salary
- Bonus
- Pension
- Private Healthcare
- Dental Cover
- Enhanced Eye Care Cover
- Electric Car Scheme
- Staggered working hours
Associate Consultant - Health Economic Modelling in London employer: Lumanity
Lumanity is an exceptional employer that fosters a dynamic work culture where innovation and collaboration thrive. With a strong focus on employee growth, we offer numerous opportunities for professional development and advancement in the healthcare communications sector. Our commitment to operational excellence and strategic client partnerships ensures that every team member plays a vital role in driving meaningful impact for our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Consultant - Health Economic Modelling in London
✨Get Involved with Local Health Initiatives
Join local community health events or volunteer for organisations like public health agencies. This not only builds your experience but also helps you network with industry professionals who might know of openings at places like Lumanity.
✨Tap into Professional Associations
Check out associations like the Institute of Healthcare Management. They often have job boards, networking events, and conferences that are perfect for connecting with potential employers in health sciences administration.
✨Stay Updated with Industry Trends
Follow health policy news and trends—being knowledgeable about the current landscape will not only help you in interviews but also make you stand out as a candidate. You can discuss recent developments and their implications when chatting with folks at Lumanity.
✨Apply Through Our Website for Better Visibility
When you find roles that excite you, especially at places like Lumanity, don’t forget to apply through our website. This can sometimes give you an edge by showing the employer you’re savvy and committed to finding the right fit.
We think you need these skills to ace Associate Consultant - Health Economic Modelling in London
Some tips for your application 🫡
Highlight Your Relevant Experience:When applying for a role in health sciences administration, it's super important to spotlight any relevant experience you have in healthcare settings. Whether you've worked in a hospital, a clinic, or any related environment, make sure to detail those roles in your CV – focusing on your responsibilities and achievements that align with the job at Lumanity.
Showcase Your Administrative Skills:Administrative skills are key in this field, so don’t hold back! Make sure your CV reflects your proficiency in things like scheduling, data management, and compliance with health regulations. Mention specific software you’ve used, such as patient management systems, as this will demonstrate your hands-on abilities and readiness for the role at Lumanity.
Craft a Meaningful Cover Letter:Your cover letter should reflect your passion for the health sciences field and your eagerness to contribute to Lumanity. Share a bit about why you’re drawn to this sector, any impactful situations or challenges you’ve encountered, and how they’ve shaped your desire to work in health sciences administration. This personal touch can really set you apart!
Tailor Your Documents to the Job:Don't use a one-size-fits-all approach! Make sure your CV and cover letter are specifically tailored for this role. Highlight any certifications you have relevant to health administration, and ensure you clearly connect your previous roles to the skills needed for the full-time position at Lumanity. This way, you're showing them you’ve done your homework and are genuinely interested in being a part of their team.
How to prepare for a job interview at Lumanity
✨Showcase Your Administrative Skills
In health sciences administration, being organised is key. Make sure you can demonstrate your skills in managing schedules, paperwork, and data accurately. Be ready to discuss specific tools you've used, like electronic health record systems or scheduling software, and how they improved efficiency in your past experiences.
✨Know Your Regulations
Familiarity with healthcare regulations and compliance is crucial. Brush up on HIPAA, GDPR, or other relevant policies before your interview. We recommend preparing examples of how you've ensured compliance or handled sensitive information in past roles—this will show you're not just knowledgeable but also responsible.
✨Prepare for Scenario Questions
Interviews for administrative roles often involve scenario-based questions to assess your problem-solving skills. Practice responses to common situations you might face, such as dealing with a challenging patient or managing a sudden schedule change. This will not only demonstrate your ability to think on your feet but also highlight your interpersonal skills.
✨Align Your Goals with the Organisation
As a full-time candidate, employers will want to know how your long-term career goals align with their mission. Take some time to research Lumanity’s values and be ready to tie your passion for health sciences administration into their objectives. Demonstrating enthusiasm and career alignment can be a game-changer in this competitive field!
