At a Glance
- Tasks: Conduct research and build cost-effectiveness models to support healthcare decisions.
- Company: Source Health Economics, a growing consultancy with a supportive and inclusive culture.
- Benefits: Competitive salary, 25 days leave, health insurance, and flexible working hours.
- Why this job: Join a fun team and make a real impact in health economics.
- Qualifications: MSc in Health Economics or related field; experience in model building preferred.
- Other info: Opportunities for personal development and career growth in a dynamic environment.
The predicted salary is between 36000 - 60000 ยฃ per year.
Join to apply for the Health Economist role at Source Health Economics. Source Health Economics is a growing HEOR consultancy specialising in health economics, value communication, systematic review, statistics, and health technology assessment. Since we were founded in 2016, we have achieved our planned year-on-year growth, allowing many opportunities for personal development. At Source, we have a technically-excellent, supportive, and friendly team, and pride ourselves on our inclusive and collaborative culture. Our core values are excellence, balance, and growth.
We strive to:
- Deliver excellence for our clients and patients, whilst
- Preserving a good work-life balance and supporting employee well-being, and
- Providing opportunities for growth for our employees.
We recruit some of the brightest minds and invest in your professional development. Source is a fun, personable company, where our technical teams work closely with each other, enabling us all to learn from some of the best minds in the business. We value our employees, and all employees are encouraged to voice their ideas and contribute to business initiatives, regardless of seniority. Source prides itself on its commitment to employee welfare, as evidenced by our high employee retention.
We have open-plan offices in Oxford and central London, with hybrid working. Our contractual working hours are 37.5 hours per week, with flexible start and finish times around our core company hours of 10am to 4pm. Alongside an opportunity to actively contribute to a growing company, we offer a competitive salary, 25 days annual leave plus UK bank holidays, option to buy an additional 3 days of annual leave, discretionary bonus scheme, opt-in employee health insurance, employee life insurance, cycle to work scheme, and above-average employer pension contributions.
The health economics team currently consists of 16 people, with six at senior level (Consultant Health Economist level and above). The team works across many different clinical areas including oncology, haematology and a number of genetic conditions. Precise deliverables vary by project, but typically consist of building de novo / adapting existing cost-effectiveness and budget impact models. Often they are developed as core elements of health technology assessments for submission to agencies such as the National Institute for Health and Care Excellence (NICE) and the Scottish Medicines Consortium (SMC). Across the team we offer opportunities for project management and line management (with additional training provided if needed, and particularly when at senior level). There are also opportunities to be involved with non-project work to support business development and internal process needs.
As a Health Economist or Associate Health Economist you will work closely and collaboratively with senior members of the health economics team, project managers, value communication, systematic review, and statistics teams to deliver high-quality evidence-based solutions for our clients. You will sometimes also be in a client-facing role.
Responsibilities:
- Undertake research, secondary data collection and referencing
- Input into the development of model specifications
- Build cost-effectiveness and budget impact models in Microsoft Excelยฎ
- Undertake basic statistical analysis
- Write technical reports
- Communicate with and present to clients.
Requirements:
- Analytical, critical thinking and problem-solving skills
- An ability to work under pressure and to timelines
- Excellent written and verbal communication skills
- To be able to perform basic statistical analyses in (ideally) STATA
- An ability to input on appropriate model methods, data, and assumption
- Identify appropriate UK cost data
- Determine, run, and report model analyses
- Draft a model specification with some direction
- Write a technical report and user guide.
At least an MSc in Health Economics, Maths, Operational Research or equivalent. Cost-effectiveness and budget impact model building experience in a consultancy environment โ either at Associate Health Economist level and ready to step up to being a Health Economist, or as an existing Health Economist. Experience of developing economic evaluations for institutes such as NICE and the SMC and a degree of familiarity with their process and methodological preferences (ideal).
Seniority level: Associate
Employment type: Full-time
Job function: Research and Consulting
Industries: Pharmaceutical Manufacturing, Public Health, and Business Consulting and Services
Health Economist employer: Source Health Economics
Contact Detail:
Source Health Economics Recruiting Team
StudySmarter Expert Advice ๐คซ
We think this is how you could land Health Economist
โจTip Number 1
Network like a pro! Reach out to professionals in the health economics field on LinkedIn or at industry events. A friendly chat can open doors and give you insights that might just land you that interview.
โจTip Number 2
Prepare for those interviews! Research Source Health Economics thoroughly, know their projects, and be ready to discuss how your skills align with their values of excellence, balance, and growth. Show them youโre not just another candidate!
โจTip Number 3
Practice your presentation skills! As a Health Economist, you'll need to communicate complex ideas clearly. Grab a friend or use a mirror to rehearse explaining your past projects and how they relate to the role.
โจTip Number 4
Donโt forget to apply through our website! Itโs the best way to ensure your application gets seen by the right people. Plus, it shows youโre genuinely interested in being part of our awesome team at Source Health Economics.
We think you need these skills to ace Health Economist
Some tips for your application ๐ซก
Tailor Your CV: Make sure your CV is tailored to the Health Economist role. Highlight relevant experience, especially in cost-effectiveness and budget impact modelling. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about health economics and how you can contribute to our team. Keep it friendly and professional โ we love a personal touch!
Showcase Your Skills: Donโt forget to mention your analytical and problem-solving skills. Weโre looking for someone who can handle pressure and meet deadlines, so give us examples of how you've done this in the past.
Apply Through Our Website: We encourage you to apply directly through our website. Itโs the best way to ensure your application gets to us quickly and efficiently. Plus, it shows youโre keen on joining our awesome team!
How to prepare for a job interview at Source Health Economics
โจKnow Your Stuff
Make sure you brush up on health economics concepts, especially cost-effectiveness and budget impact models. Familiarise yourself with the methodologies used by NICE and SMC, as this will show your understanding of the role and impress your interviewers.
โจShowcase Your Skills
Prepare to discuss your analytical and problem-solving skills in detail. Think of specific examples from your past experiences where you've successfully tackled challenges or contributed to projects, particularly in a consultancy environment.
โจPractice Communication
Since the role involves client-facing responsibilities, practice articulating complex ideas clearly and concisely. You might even want to do a mock presentation to a friend or colleague to get comfortable with explaining technical concepts.
โจEmphasise Teamwork
Source Health Economics values collaboration, so be ready to talk about how you've worked effectively in teams. Share examples that highlight your ability to contribute to a supportive and inclusive culture, aligning with their core values of excellence, balance, and growth.