At a Glance
- Tasks: Lead a team to develop health economics strategies for oncology products.
- Company: Join a leading pharmaceutical company focused on global health.
- Benefits: Competitive salary, comprehensive benefits, and hybrid work options.
- Other info: Opportunity for mentorship and collaboration with industry experts.
- Why this job: Make a real impact on patient outcomes and market access in healthcare.
- Qualifications: Ph.D. or Master's in Quantitative Sciences with relevant experience.
The predicted salary is between 70000 - 90000 £ per year.
In BARDS (Biostatistics and Research Decision Sciences), a distinguished department within the company’s renowned Research and Development division, quantitative scientists, in partnership with other subject matter experts, apply state‑of‑the‑art scientific methodologies and tools to enable the discovery, development, regulatory approval, manufacturing, and marketing of medical drugs and vaccines for the benefit of patients and global human health.
Leads a team of health economists to develop and implement health economics and modeling strategies that enable the company to understand and communicate the full economic value of the oncology portfolio to payers, health technology agencies, policy makers, and other decision‑makers in order to optimize market access and patient outcomes.
Responsibilities
- Lead a team in the development and execution of health economic and modeling strategies to support the value of the company’s oncology portfolio.
- Provide leadership, mentorship, and strategic direction to a team of 3–4 health economists.
- Oversee the prioritization and development of high‑quality global health economic models and tools to support market access, pricing, reimbursement, HTA submissions, and formulary decision‑making across U.S. and international markets.
- Collaborate with key countries and the regional team to adapt global models for local HTA, reimbursement, and formulary submissions.
- Generate and communicate early health economic insights to inform development and commercialization strategies.
- Build strong partnerships with internal stakeholders to ensure modeling strategies align and support the overall product development and value evidence strategy and implementation.
- Develop and maintain relationships with external thought leaders in health economics, decision sciences, and health policy to enhance scientific credibility, inform strategy, and position the company as a leader in the field.
Qualifications
Education
- Ph.D. (preferred) in Quantitative Sciences such as Health Economics, Mathematics, Predictive Modeling, Statistics, Operations Research, Physics, Engineering or a closely related field with 7 or more years of relevant experience; or Master’s degree with at least 9 years of relevant work experience.
Required Experience and Skills
- Demonstrated ability to lead and manage teams.
- Excellent written and verbal communication skills.
- Strong strategic thinking and problem‑solving skills.
- Ability to work independently and interact effectively with a broad group of stakeholders.
- Ability to manage multiple priorities and deadlines.
- Ability to translate complex analyses into actionable insights.
- Experience in developing health economic models for decision‑making.
- Strong expertise in oncology modeling.
- Experience with HTA and reimbursement submissions.
Preferred Skills
- Commercialization, Data Management, Decision Models, Healthcare Technology, Health Economics, Market Access, Mathematics, Medical Economics, Mentorship, Prioritization, Product Development, Researching, Stakeholder Relationship Management, Strategic Planning, Strategic Thinking.
Salary
$210,400.00 – $331,100.00 (annual)
Benefits
We offer a comprehensive package of benefits, including medical, dental, vision, healthcare and other insurance benefits (for employee and family), retirement benefits, 401(k), paid holidays, vacation, and compassionate and sick days.
Location
US and Puerto Rico, with specific consideration for San Francisco and Los Angeles residents per local fair‑chance ordinances.
Additional Details
- No relocation.
- No VISA sponsorship.
- Travel required: 10%.
- Hybrid work arrangement.
EEO Statement
As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics.
Senior Principal Scientist, Outcomes Research in London employer: MSD
As a leading employer in the biopharmaceutical industry, our company offers an exceptional work environment that fosters innovation and collaboration among talented professionals. With a strong commitment to employee growth, we provide comprehensive benefits, including health insurance, retirement plans, and a hybrid work arrangement, all while prioritising a culture of inclusivity and mentorship. Located in vibrant cities like San Francisco and Los Angeles, we empower our team to make a meaningful impact on global health through cutting-edge research and development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Principal Scientist, Outcomes Research in London
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We think you need these skills to ace Senior Principal Scientist, Outcomes Research in London
Some tips for your application 🫡
Show Off Your Lab Skills:In the biotechnology field, it's super important to highlight your lab experience in your CV. Be sure to mention specific techniques or instruments you've mastered (think PCR, gel electrophoresis, etc.) and any relevant projects you've worked on. This will show MSD that you have the hands-on skills they need.
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Craft a Compelling Cover Letter:Since this is a full-time role, your cover letter should reflect not only your passion for biotechnology but also your long-term career ambitions. Share why you're excited about the work that MSD does and how you envision contributing to their goals. This shows that you’re not just looking for any job, but you're genuinely invested in this opportunity.
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How to prepare for a job interview at MSD
✨Brush Up on Lab Techniques
Since you're eyeing a full-time gig in biotechnology, make sure you're well-versed in the lab techniques relevant to the role. Be ready to talk about PCR, CRISPR, or any specific methods mentioned in the job description at MSD. You might even be asked to demonstrate your understanding of these processes.
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