Principal Health Economic, Policy & Reimbursement Generalist in Watford

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Would you like to work for a rapidly growing international healthcare company? Bring your talents to an industry leader in medical technology and healthcare solutions – we’re a market leader and growing every day. You have a great opportunity as an experienced professional from the medical device market to gain greater independence in your work and join a truly dedicated global team. The lifesaving work of medical professionals inspires us. Through partnerships with medical communities around the globe, we create advances in medical devices & healthcare solutions to improve lives. Through progressive thinking and innovative technologies, Medtronic is well positioned to lead the way in today's rapidly changing healthcare industry.

As a key member of our UK&I Health Economic, Policy & Reimbursement (HEPR) team, you will be responsible for assessing the value and cost-effectiveness of designated health technologies to secure their funding and market access. Responsibilities may include the following and other duties may be assigned:

• Creates and executes comprehensive market access strategies through the integration of pricing and reimbursement, health technology assessment, real world evidence-based review, and health economic modelling activities.
• Designs, develops, and implements an integrated approach to all aspects of the payer value proposition from early development through its lifecycle.
• Communicates the unique attributes of the therapeutic area, in relation to respective Healthtech devices, to external multi-stakeholders to ensure the health technology’s value proposition will be recognised and optimise market uptake.
• Works collectively with payers, including HTA (Health Technology Assessment), reimbursement influencers and other decision makers to ensure the continuous changing reimbursement systems remain fair to all parties involved.
• Guides the development of economic evidence generation with the end-customer in mind to ensure that the results will favourably impact pricing, reimbursement, and market access as well as market uptake.
• Conducts comprehensive research: Gather and organize information from diverse sources, including peer-reviewed journals, proprietary data, legal documents, and other relevant literature.
• Performs critical evidence appraisal: Systematically review and assess the quality, validity, and relevance of both supporting and opposing evidence. Use structured frameworks and methodologies to evaluate strengths and weaknesses.
• Communicates effectively: Present evidence summaries and responses to health technology draft guidance in written and verbal formats to inform decision-making.
• Manage timelines: Prioritise and manage a broad range of complex tasks to deliver quality results efficiently and on time.

Required Knowledge and Experience:

• Master’s degree in health economics and/or Health Policy, Public Health.
• Senior level commercial/consultancy experience within HEPR area.
• Broad knowledge and experience in project management.

We would prefer if you had the ability to work with minimal supervision, both independently and as part of a team, along with excellent communication skills and a positive attitude.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package. A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Pay range: United Kingdom: 74,400.00 GBP - 111,600.00 GBP | This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people. We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.