Health Economist in London

Health Economist in London

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Conduct research and build cost-effectiveness models to support health economics projects.
  • Company: Join a growing consultancy with a supportive and inclusive culture.
  • Benefits: Enjoy competitive salary, flexible hours, and generous annual leave.
  • Why this job: Make a real impact in healthcare while developing your skills in a fun environment.
  • Qualifications: MSc in Health Economics or related field; experience in model building preferred.
  • Other info: Collaborative team atmosphere with opportunities for personal and professional growth.

The predicted salary is between 36000 - 60000 £ 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.

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 10 am to 4 pm.

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. Every person at Source is highly valued, and we recognise that individual efforts have a considerable impact on the business's success.

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. You will be required to:

  • Undertake research, secondary data collection and referencing
  • Input into the development of model specifications
  • Build cost‐effectiveness and budget impact models in Microsoft ExcelTM
  • Undertake basic statistical analysis
  • Write technical reports
  • Communicate with and present to clients.

You will need:

  • 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
  • To be able to input on appropriate model methods, data, and assumptions
  • To be able to identify appropriate UK cost data
  • To be able to determine, run, and report model analyses
  • To be able to draft a model specification with some direction
  • To be able to write a technical report and user guide.

At least a MSc in Health Economics, Maths, Operational Research or equivalent. Cost‐effectiveness and budget impact model building experience in a consultancy environment – 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).

Health Economist in London employer: Source Health Economics

Source Health Economics is an exceptional employer, offering a supportive and inclusive work culture that prioritises 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 in the vibrant locations of Oxford and central London.
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Contact Detail:

Source Health Economics Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Health Economist in London

Tip 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 lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by researching Source Health Economics thoroughly. Understand their projects and values, so you can show how you fit into their culture and contribute to their goals.

Tip Number 3

Practice your presentation skills! As a Health Economist, you'll need to communicate complex ideas clearly. Try explaining your past projects to friends or family to get comfortable.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our awesome team at Source.

We think you need these skills to ace Health Economist in London

Analytical Skills
Critical Thinking
Problem-Solving Skills
Statistical Analysis
Microsoft Excel
Cost-Effectiveness Modelling
Budget Impact Modelling
Technical Report Writing
Communication Skills
Research Skills
Data Collection
Model Specification Development
Knowledge of NICE and SMC Processes
Ability to Work Under Pressure
Collaboration Skills

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Health Economist role. Highlight your relevant experience in health economics, model building, and any work with NICE or SMC. We want to see how you fit into our team!

Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past work that showcase your analytical, problem-solving, and communication abilities. This is your chance to shine, so let us know what you can bring to the table.

Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon unless it's necessary, and make sure your key points stand out. We appreciate straightforward communication, so show us you can do it right from the start!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows you’re keen on joining our friendly and supportive team at Source!

How to prepare for a job interview at Source Health Economics

Know 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.

Showcase Your Skills

Prepare to discuss your analytical and problem-solving skills in detail. Think of specific examples where you've successfully built models or conducted statistical analyses. This will help demonstrate your practical experience and how you can contribute to their team.

Be Client-Focused

Since the role involves client-facing responsibilities, practice how you would communicate complex information clearly and effectively. Consider preparing a brief presentation on a past project to showcase your ability to convey technical details to non-experts.

Cultural Fit Matters

Source Health Economics values collaboration and inclusivity, so be ready to discuss how you work within a team. Share experiences that highlight your ability to contribute ideas and support colleagues, which aligns with their core values of excellence, balance, and growth.

Health Economist in London
Source Health Economics
Location: London
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