Sheffield / London, UK.
We are seeking a health economist to join our growing and collaborative global health economics and outcomes research (HEOR) team. HEOR is a rapidly developing and increasingly important field due to aging populations and the increasing burden of healthcare. Our HEOR – Modelling and Analytics team works within Lumanity Value Access and Outcomes, which serves our clients by identifying, substantiating, and conveying the value of ground-breaking medical advances.. The tools developed by health economists and statisticians are widely used for evaluating the clinical and economic value of drugs and devices. This process requires economists, statisticians, and clinical writers with a capacity for finding creative solutions to challenging health technology assessment (HTA) problems. Solving such problems necessitates quantitative expertise, as well as an in- depth understanding of the theoretical frameworks employed to assess value in a healthcare setting.
Responsibilities / Position overview
This is a perfect opportunity for a self-motivated new graduate looking to gain economic modelling experience and learn more about the health economics industry.
The Health Economist will develop economic models to demonstrate the impact of a new health technology (drug, device or diagnostic technique, etc.) on both patients and healthcare systems. This is achieved by modelling their costs and clinical outcomes in relation to existing treatments: The job is varied because every model is bespoke, and your role will depend on your skills and interests, but most projects will require you to:
- Research the disease area and understand the current treatment landscape
- Analyse the effectiveness and safety of the new technology using results published in journal articles and patient-level data from clinical trials or disease registries
- Use research skills to identify appropriate inputs to inform model variables
- Design and develop transparent and user-friendly economic models, these models are typically built in Microsoft Excel®, but the use of other software such as R is becoming more common
- Report and explain what you have done – verbally, in a written document, or as a presentation
In addition to standard modelling work, other responsibilities may include:
- Producing an abstract, poster or manuscript to report the findings of an economic analysis
- Developing the economic sections of a health technology assessment reimbursement dossier and commissioning dossiers for a variety of stakeholders including the the National Institute for Health and Care Excellence (NICE) in England and the Scottish Medicines Consortium (SMC)
- Participating in meetings with fellow team members or clients
The Modelling and Analytics team have a hybrid work-setting approach. You will need to be within commuting distance of one of our UK offices in Sheffield, London, or Manchester We believe time in the office with other team member is key for your development as a health economist. However, we also recognise that flexibility around working location is important for a healthy work-life balance.
Qualifications
- Minimum expected 2:1 in any relevant undergraduate degree
- A willingness and aptitude to learn both at university, if you are enrolled on a Health Economics MSc, and on the job during your project work
- Excellent numerical skills and critical thinking with the ability to clearly and simply explain complex calculations and ideas, both verbally and in writing
- Written English to a professional scientific-writing standard
- Excellent communication skills and an ease in liaising with technical and non-technical audiences
- Fluency in Microsoft Office packages®, particularly Excel (Visual Basic for Applications and other logic-based software coding knowledge is valuable but not essential at entry)
- Ability to work productively in a multidisciplinary team environment
- Organisational skills with close attention to detail and personal time management
Benefits
We offer our employees a comprehensive benefits package that focuses on what matters to you – health and well-being, personal finances, professional development, and a healthy work/life balance. As part of our graduate programme, you have the option (if required) of enrolling in, and being supported through, a part-time 2-year MSc to gain a formal qualification in health economics.
- Competitive salary plus bonus scheme
- Course fees and paid study leave if the MSc is undertaken
- 33.5 days paid leave including bank holidays and year end office closure
- Pension scheme
- Private healthcare
Overview / About us
Lumanity is dedicated to improving patient health by accelerating and optimizing access to medical advances. We partner with life sciences companies around the world to generate evidence to demonstrate the value of their product, translate the science and data into compelling product narratives, and enable commercial decisions that position these products for success in the market. We do this through strategic and complimentary areas of focus: Asset Optimization and Commercialization, Value Access and Outcomes, Medical Strategy and Communications, and Real-World Evidence.
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