Executive Director, HEOR Modeling

Executive Director, HEOR Modeling

Full-Time 100000 - 130000 £ / year (est.) No working from home possible
Parexel International

At a Glance

  • Tasks: Lead innovative HEOR projects and drive AI integration for impactful healthcare solutions.
  • Company: Join Parexel, a leader in health economics and outcomes research.
  • Benefits: Enjoy competitive pay, remote work options, and opportunities for professional growth.
  • Other info: Dynamic role with opportunities to influence industry standards and collaborate with top experts.
  • Why this job: Make a real difference in healthcare while shaping the future of AI in HEOR.
  • Qualifications: 10+ years in life sciences or consulting, with strong leadership and project management skills.

The predicted salary is between 100000 - 130000 £ per year.

An Executive Director within Parexel HEOR Consulting is responsible for a group or service line while being held accountable for successful execution of multiple projects and client satisfaction. The Executive Director supports the development of the strategy for HEOR for the short, mid and long term. The Executive Director plays an active role in the implementation and identification of AI in HEOR. An executive director has specific subject matter expertise supporting the development and delivery of Parexel HEOR Consulting services.

Key Accountabilities

  • Project Execution
    • Monitors profitability of multiple projects through active involvement in the preparation of project plans and management of project budgets.
    • Prevents and resolves issues with revenue recognition.
    • Works within a team environment or individually based on project needs.
    • Provides guidance to project team members and acts as a mentor to junior staff.
    • Works within broad project guidelines and leads issue and conflict resolution.
    • Prioritizes own workload and prioritizes the workload of the project team in order to achieve the project scope and objectives.
    • Capitalizes on opportunities to improve project efficiency, results or team performance and proactively acts.
    • Leverages information from previous projects or other client work to efficiently complete assigned project activities as well as facilitate business decisions.
    • Produces quality work that meets the expectations of Parexel HEOR Consulting and the client.
    • Reviews the work of colleagues for content and quality to ensure the expectations of the client are met.
    • Manages project engagements as a project lead (small or large).
    • Interacts with the assigned Project Financial Analyst (PFA) to ensure accurate financial management and for general project support.
    • Follows all required Business Operating Process (BOPs) for pre-initiate, initiate, execution, close and monitoring of projects.
  • Staff Management
    • Actively manages performance including typical HR activities for direct reports (i.e. performance management forms, salary actions, bonuses, scorecards).
    • Provides input on staff to appropriate Senior Management Team Members.
    • Provides applicable guidance and support to staff for staff to succeed and achieve key metrics.
    • Holds staff accountable to key metrics.
    • Facilitates staff development plans and coordinates with project staffing to ensure that staff is utilized completely and appropriately.
    • Coordinates with project staffing to provide staff with opportunities to expand skill sets.
    • Rewards staff appropriately.
    • Provides leadership, coaching, mentoring, feedback and role modeling to managers and extended staff to ensure quality and accuracy of services as well as achievement of key metrics.
    • Communicates and champions organizational vision and values.
    • Regularly communicates with staff to assure effective two-way information flow (i.e. business updates, staff interests, issues, and/or concerns).
    • Monitors engagement/morale of direct reports.
    • Provides feedback on succession planning to align individual staff capabilities with the current and future needs of the organization.
    • Assures Parexel policies and procedures are communicated to line personnel.
  • Consulting Activities and Relationship Management
    • Plans and delivers services and solutions which result in clients expressing satisfaction with service provided and builds relationships which result in additional business or referrals.
    • Identifies opportunities for follow-on business or changes in project scope and exploits the opportunities with Parexel HEOR Consulting management and account management.
    • Provides a full range of technical and/or business consulting services across multiple disciplines of services including representing clients to regulatory agencies.
    • Acts as a trusted advisor to clients, often on issues that lack precedent or are not clearly defined.
    • Acts as a loaned executive for a client when required.
    • Completes and delegates project activities in a timely manner with an understanding of issues which may impact project profitability and client satisfaction.
    • Facilitates resolutions to possible problems or conflicts within the project team and/or the client.
    • Provides guidance as needed to colleagues on appropriate methods of executing project activities.
    • Develops and implements business solutions addressing specific client needs using expertise, best practices and knowledge of the client’s business and key industry drivers.
    • Demonstrated ability to interact professionally at multiple levels including senior and executive management within a client organization.
  • Business Development
    • Actively prospects and leverages new business opportunities with client and industry contacts in collaboration with Account Management.
    • presents information about Parexel HEOR Consulting service offerings reflecting the organization’s capability to support client needs.
    • Delivers customized sales presentations focused on the client’s needs.
    • Actively engaged in bid defense meetings when needed.
    • Generates new or repeat business due to personal name recognition or history of client satisfaction and/or relationship.
    • Leverages rainmaking skills resulting in new and repeat business for Parexel.
    • Is responsible for constant monitoring of his/her “A” list and is expected to have continued contact with both existing and future potential clients.
    • Participates in project scoping calls and proposal preparation.
    • Delivers sales presentations and participates in bid defense meetings when needed.
    • Actively participates in account planning for key clients.
    • Participates and develops strategy and is involved in the decision-making process for Parexel Access Consulting (HEOR, PMA, and AA).
  • Parexel-Related Responsibilities
    • Meets established metrics as specified in scorecard on an annual basis.
    • Completes basic job-related responsibilities, including timesheets, expense reports, maintenance of CVs, project.
  • Thought Leadership
    • Staying Abreast of AI in HEOR: Keeping up-to-date with the latest developments and trends in AI applied to HEOR, including machine learning, natural language processing, data analytics, and predictive modeling, to facilitate evidence generation, cost-effectiveness analyses, and health policy recommendations.
    • Driving Innovative Research: Leveraging your expertise in AI and HEOR to drive innovative research projects that enhance Parexel's capabilities and provide strategic insights to clients. Collaborating with cross-functional teams to design, develop, and implement groundbreaking methodologies and frameworks.
    • Thought Leadership: Actively participating in industry conferences, symposiums, and webinars to present your research and share insights on the integration of AI within the HEOR landscape. Establishing yourself as an opinion leader and contributing to prestigious scientific journals and publications, thereby enhancing Parexel's reputation as a thought leader in the field.
    • Internal Collaboration: Collaborating with internal teams (e.g., data scientists, biostatisticians, health economists) to develop and implement new AI-driven methodologies and analytical tools. Providing guidance and mentorship to team members, sharing your knowledge and contributing to Parexel's internal educational initiatives.
    • External Engagement: Seeking opportunities to represent Parexel externally, engaging with healthcare organizations, regulatory bodies, academic institutions, and industry thought leaders, showcasing Parexel's thought leadership in AI-driven HEOR research.
    • Presenting research findings and insights at internal seminars, brown bag sessions, and departmental meetings. Engaging with senior leadership and participating in cross-functional initiatives, enhancing your exposure and influence on decision-making processes.
    • Collaborating with Parexel's Global Centers of Excellence, contributing to white papers, opinion pieces, and educational materials, further solidifying your position as a thought leader.
    • Participation in industry conferences and scientific symposiums, presenting research findings, and discussing Parexel's AI-driven HEOR expertise.
    • Contributing to industry publications, peer-reviewed journals, and social media platforms to share your insights and position Parexel as a frontrunner in AI-driven HEOR research.
    • Building strategic partnerships with key opinion leaders and influential organizations to enhance Parexel's industry visibility and foster collaborations.

Required Competencies

  • Influencing Others
  • Client Focus
  • Networking
  • Results Orientation
  • Business Analysis
  • Interpersonal Communication
  • Teamwork & Collaboration
  • Solving Business Problems
  • Holding People Accountable
  • Operational Leadership
  • Strategic Business Thinking
  • Leading Change

Skills

  • Develops high growth and profitable business through strategic planning, business development and implementation of high-level service delivery within service line or group.
  • Responsible for planning function for individual service line or group. This includes budgets, strategic planning, and forecasting.
  • Accountable for all activity and financial outcomes within assigned area, including revenue generation, client satisfaction and service delivery.
  • Responsible for service line decisions and seeks senior level input for high level business decisions (issues).
  • At least fluent vocal and written English.

Knowledge and Experience:

  • Numerous years’ experience in the life sciences or consulting industries with many years of experience managing direct reports, directing teams and projects.
  • 10+ years management experience.
  • 15+ years general experience in the field.

Education

  • Minimum of a Bachelor’s Degree in a Scientific or Technical Discipline, Advanced Degree (MSc, PhD, MD) preferred.

Executive Director, HEOR Modeling employer: Parexel International

At Parexel, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the field of Health Economics and Outcomes Research (HEOR). Our commitment to employee growth is evident through comprehensive development plans, mentorship opportunities, and a focus on leveraging cutting-edge AI technologies. Located in a vibrant environment, we provide our team with the resources and support needed to excel, ensuring that every member feels valued and empowered to make a meaningful impact in the healthcare landscape.

Parexel International

Contact Details:

Parexel International Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Executive Director, HEOR Modeling

Tip Number 1

Network like a pro! Get out there and connect with industry folks on LinkedIn or at events. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its culture. Tailor your answers to show how your experience aligns with their needs, especially in HEOR and AI. We want to see that you’re not just a fit on paper but also a great match for the team!

Tip Number 3

Practice makes perfect! Do mock interviews with friends or mentors to get comfortable with common questions. This will help you articulate your thoughts clearly and confidently when it counts.

Tip Number 4

Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows you’re genuinely interested in the role. And remember, apply through our website for the best chance!

We think you need these skills to ace Executive Director, HEOR Modeling

Project Management
Financial Management
Client Relationship Management
AI Integration in HEOR
Strategic Planning
Business Development
Team Leadership

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your relevant experience in HEOR and AI. We want to see how your skills align with the role, so don’t hold back on showcasing your expertise!

Showcase Your Leadership Skills:As an Executive Director, you'll need to demonstrate your ability to lead teams and manage projects effectively. Share examples of how you've mentored others or resolved conflicts in previous roles to give us a taste of your leadership style.

Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and make sure your key achievements stand out. This will help us quickly see why you’re a great fit!

Apply Through Our Website:We encourage you to submit your application through our website for the best chance of being noticed. It’s the easiest way for us to track your application and get back to you as soon as possible!

How to prepare for a job interview at Parexel International

Know Your HEOR Inside Out

Make sure you brush up on your knowledge of Health Economics and Outcomes Research (HEOR). Understand the latest trends, especially in AI applications within HEOR. This will not only show your expertise but also your genuine interest in the field.

Showcase Your Leadership Skills

As an Executive Director, you'll need to demonstrate strong leadership capabilities. Prepare examples of how you've successfully managed teams, resolved conflicts, and mentored junior staff. Highlight your experience in project execution and how you've driven results in previous roles.

Prepare for Client-Focused Scenarios

Expect questions about client management and relationship building. Think of specific instances where you've turned client feedback into actionable improvements or secured follow-on business. This will illustrate your client-centric approach and ability to drive satisfaction.

Engage with Thought Leadership

Be ready to discuss your contributions to the field, such as participation in conferences or publications. Share your insights on innovative research and how you’ve leveraged AI in HEOR. This will position you as a knowledgeable candidate who is actively contributing to the industry.