At a Glance
- Tasks: Lead health economics projects and collaborate with teams to drive evidence-based decisions.
- Company: Join a dynamic company focused on innovative medical devices and improving patient outcomes.
- Benefits: Enjoy opportunities for international travel, professional growth, and collaboration with experts.
- Why this job: Make a real impact in healthcare by analyzing data and shaping market access strategies.
- Qualifications: Postgraduate degree in Health Economics or related field; strong analytical and communication skills required.
- Other info: Ideal for self-starters eager to engage with global healthcare trends and stakeholders.
The predicted salary is between 43200 - 72000 £ per year.
ABOUT THE ROLE
As Health Economist you will act as a Technical Lead for assigned health economics and other projects and contribute to the growth and development of health economic solutions
As Health Economist, you will collaborate closely with cross-functional teams including Marketing, R&D, Commercial Operations and Clinical Affairs to support evidence-based decision-making and strategic initiatives.
KEY ACTIVITIES
- Health Economic Analysis: Conduct health economic evaluations, cost-effectiveness analyses, budget impact assessments, and other quantitative analyses to demonstrate the value proposition of our products within the medical devices and ostomy market.
- Market Access Support: Provide health economic expertise to support market access strategies and reimbursement submissions in diverse international markets, ensuring alignment with regulatory requirements and payer preferences.
- Value Communication: Develop compelling value dossiers, health economic models, and evidence-based value propositions tailored to different stakeholders including healthcare providers, payers, policymakers, and patients.
- Evidence Generation: Collaborate with internal and external stakeholders to design and implement health economic studies, real-world evidence generation initiatives, and patient-reported outcomes research to strengthen the evidence base supporting our products.
- Strategic Insights: Monitor healthcare trends, policy changes, and market dynamics to identify opportunities and risks, providing strategic insights and recommendations to inform product development, pricing, and market access strategies.
- Cross-Functional Collaboration: Work closely with cross-functional teams including Marketing, R&D, Clinical Affairs, and Commercial teams to integrate health economic considerations into product development, launch planning, and lifecycle management activities.
- External Engagement: Represent the company in external forums, conferences, and collaborations with key opinion leaders, healthcare decision-makers, and professional organizations to enhance the company's reputation and influence in the respiratory, surgical and ostomy markets.
KEY SKILLS
Essential
- Post graduate qualification in Health Economics, epidemiology, statistics or medical sciences
- Economic Analysis: Proficiency in economic theories, principles, and methodologies to analyse healthcare markets, costs, and outcomes.
- Statistical Analysis: Ability to work with healthcare data, conduct regression analysis, and interpret statistical findings to inform decision-making.
- Healthcare Policy Knowledge: Understanding of healthcare systems, policies, and regulations to assess their economic implications and propose relevant solutions. In-depth understanding of the perspectives and evidence needs of a variety of stakeholders
- Econometric Modelling: Proficiency in building and interpreting econometric models to forecast healthcare trends, analyse market dynamics, or evaluate policy impacts.
- Health Economics Theory: Familiarity with health economic theories such as demand and supply of healthcare services, moral hazard, and adverse selection.
- Data Analysis Tools: Competence in using statistical software (e.g., Stata, R, SAS) and data visualization tools to analyse and present healthcare data effectively.
- Health Outcomes Research: Ability to assess health outcomes, quality of life, and patient preferences to inform healthcare resource allocation and policy decisions.
- Self-starter with strong communication skills.
- Ability to travel to international locations to visit clinical locations.
Desirable
- Product knowledge within Ostomy, Respiratory & Surgical therapies
- UK and International market experience
Health Economics Manager employer: Planet Pharma
Contact Detail:
Planet Pharma Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Health Economics Manager
✨Tip Number 1
Familiarize yourself with the latest trends in health economics and market access strategies. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in this rapidly evolving field.
✨Tip Number 2
Network with professionals in the health economics space, especially those who have experience in medical devices and ostomy markets. Engaging with industry experts can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of health economic analyses you've conducted in the past. Being able to articulate your experience with cost-effectiveness analyses or budget impact assessments will set you apart from other candidates.
✨Tip Number 4
Showcase your ability to collaborate with cross-functional teams by highlighting any previous experiences where you worked closely with marketing, R&D, or clinical affairs. This will demonstrate that you can effectively integrate health economic considerations into broader business strategies.
We think you need these skills to ace Health Economics Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in health economics, statistical analysis, and market access strategies. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: In your cover letter, emphasize your technical expertise and how it aligns with the company's goals. Mention specific projects or experiences that showcase your ability to conduct health economic evaluations and collaborate with cross-functional teams.
Showcase Your Analytical Skills: Provide examples of past work where you conducted economic analyses or developed value propositions. Highlight your proficiency with data analysis tools and your understanding of healthcare policies.
Prepare for Interviews: Be ready to discuss your approach to health economic studies and how you would contribute to the company's strategic initiatives. Familiarize yourself with current trends in healthcare and be prepared to share insights on market dynamics.
How to prepare for a job interview at Planet Pharma
✨Showcase Your Technical Expertise
Be prepared to discuss your experience with health economic evaluations and cost-effectiveness analyses. Highlight specific projects where you successfully demonstrated the value proposition of medical devices, as this will resonate well with the interviewers.
✨Demonstrate Cross-Functional Collaboration
Since the role involves working closely with various teams, share examples of how you've collaborated with marketing, R&D, or clinical affairs in past roles. This will illustrate your ability to integrate health economic considerations into broader strategic initiatives.
✨Prepare for Value Communication
Think about how you would develop compelling value dossiers and health economic models. Be ready to discuss your approach to tailoring evidence-based value propositions for different stakeholders, including healthcare providers and payers.
✨Stay Informed on Healthcare Trends
Research current healthcare trends and policy changes relevant to the medical devices market. Being able to discuss these topics will show your proactive approach and understanding of the market dynamics that could impact the company's strategies.