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- Tasks: Lead economic analysis for healthcare regulations and support decision-making processes.
- Company: Join the Medicines and Healthcare products Regulatory Agency, enhancing health through effective regulation.
- Benefits: Full-time role with a fixed-term contract, based in vibrant Canary Wharf, London.
- Why this job: Be part of shaping future medical device regulations and make a real impact on healthcare access.
- Qualifications: Strong communication skills, analytical mindset, and adaptability are essential for success.
- Other info: This role is UK-based only; applications from overseas will not be considered.
The predicted salary is between 43200 - 72000 £ per year.
We are currently looking for a Lead Economist to join our Innovative Devices Function within the Healthcare Quality and Access group.
This is a full-time opportunity, on a 14-month fixed term contract basis. The role will be based in 10 South Colonnade, Canary Wharf London, E14 4PU. Please be aware that this role can only be worked in the UK and not overseas.
Who are we?
The Medicines and Healthcare products Regulatory Agency enhance and improve the health of millions of people every day through the effective regulation of medicines and medical devices, underpinned by science and research.
The objective of the Healthcare Quality and Access portfolio is to drive quality and critically appraise benefits and risks to inform robust decisions on healthcare access including accelerated access pathways to medicines and medical devices.
What’s the role?
Following the UK’s departure from the EU, the MHRA is developing the future regulatory framework for medical devices in Great Britain, building on its 2021 consultation. The post holder will undertake the required economic analysis and associated activities to support the Head of Regulation and be a key player in the continued development and implementation of the future medical device regulations.
Key responsibilities:
- Provide analytical support to the Agency’s decisions on planned legislative changes, through undertaking impact assessments.
- Provide economic analysis and support to colleagues who are designing regulations, preparing business cases, or examining other policy areas such as fees.
- Provide analytical support to those designing consultations and support the interpretation of their findings.
- Act as the lead economist contact for the Agency and ensure evidence-based policymaking is embedded throughout the Agency.
Who are we looking for?
Our successful candidate will:
- Communicating & Influencing – Communicate with others in a clear, honest and enthusiastic way in order to build trust. Explain complex issues in a way that is easy to understand.
- Delivering at Pace – Ensure delivery of timely quality outcomes, through providing the right resources to do the job, reviewing and adjusting performance expectations.
- Working Together – Actively build and maintain a network of colleagues and contacts to achieve progress on shared objectives.
- Resilient – You have inner composure, recover quickly from setbacks and learn from them.
- Adaptable – You can adapt to variations in work or environment and your effectiveness isn’t impacted by change.
Closing date: 5th February 2025
Shortlisting date: 12th February 2025
Interview date: 26th February 2025
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Lead Economist employer: Medicines and Healthcare Products Regulatory Agency
Contact Detail:
Medicines and Healthcare Products Regulatory Agency Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Economist
✨Tip Number 1
Familiarize yourself with the current regulatory landscape for medical devices in the UK. Understanding the implications of Brexit on regulations will help you engage in informed discussions during the interview.
✨Tip Number 2
Network with professionals in the healthcare regulation field. Attend relevant conferences or webinars to meet potential colleagues and gain insights into the challenges they face, which can be valuable during your application process.
✨Tip Number 3
Prepare to discuss your experience with economic analysis and impact assessments. Be ready to provide examples of how your analytical skills have influenced policy decisions in previous roles.
✨Tip Number 4
Showcase your communication skills by practicing how to explain complex economic concepts in simple terms. This will demonstrate your ability to build trust and collaborate effectively with colleagues from various backgrounds.
We think you need these skills to ace Lead Economist
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Lead Economist position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in economic analysis, particularly in healthcare or regulatory environments. Use specific examples that demonstrate your ability to communicate complex issues clearly and effectively.
Showcase Your Skills: Make sure to showcase your skills in communication, teamwork, resilience, and adaptability. Provide examples of how you've successfully navigated challenges or worked collaboratively to achieve objectives in previous roles.
Proofread Your Application: Before submitting your application, carefully proofread your CV and cover letter. Ensure there are no grammatical errors and that your documents are well-structured and professional. A polished application reflects your attention to detail.
How to prepare for a job interview at Medicines and Healthcare Products Regulatory Agency
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the key responsibilities outlined in the job description. Be prepared to discuss how your previous experience aligns with providing analytical support, conducting economic analysis, and influencing policy decisions.
✨Communicate Clearly and Effectively
Since the role emphasizes communication and influencing, practice explaining complex economic concepts in simple terms. Use examples from your past work to demonstrate your ability to build trust and convey information clearly.
✨Showcase Your Resilience and Adaptability
Be ready to share specific instances where you've successfully navigated challenges or changes in your work environment. Highlight how you learned from setbacks and adapted your approach to achieve positive outcomes.
✨Network and Collaborate
Discuss your experience in building networks and collaborating with colleagues. Provide examples of how you've worked together with others to achieve shared objectives, as this is crucial for the role.
