Health Economist

Health Economist

Full-Time 36000 - 60000 ยฃ / year (est.) No home office possible
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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

Source Health Economics is an exceptional employer that fosters a supportive and inclusive work culture, prioritising employee well-being and professional growth. With a commitment to excellence and a collaborative environment, employees are encouraged to share their ideas and contribute to the company's success, all while enjoying flexible working hours and a comprehensive benefits package. Located in vibrant Oxford and central London, Source offers a unique opportunity to be part of a growing consultancy that values its team members and invests in their development.
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Contact Detail:

Source Health Economics Recruiting Team

StudySmarter Expert Advice ๐Ÿคซ

We think this is how you could land Health Economist

โœจTip 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.

โœจTip 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 youโ€™re not just another candidate!

โœจTip 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.

โœจTip Number 4

Donโ€™t forget to apply through our website! Itโ€™s the best way to ensure your application gets seen by the right people. Plus, it shows youโ€™re genuinely interested in being part of our awesome team at Source Health Economics.

We think you need these skills to ace Health Economist

Analytical Skills
Critical Thinking
Problem-Solving Skills
Statistical Analysis
Microsoft Excelยฎ
Cost-Effectiveness Modelling
Budget Impact Modelling
Technical Report Writing
Communication Skills
Data Collection
Model Specification Development
Familiarity with NICE and SMC Processes
Research Skills
Collaboration Skills

Some tips for your application ๐Ÿซก

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: Donโ€™t forget to mention your analytical and problem-solving skills. Weโ€™re 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. Itโ€™s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows youโ€™re keen on joining our awesome team!

How to prepare for a job interview at Source Health Economics

โœจKnow 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.

โœจShowcase 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.

โœจPractice 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.

โœจEmphasise 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.

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