Associate Principal Scientist, Health Economics

Merck Sharp & Dohme Corp.; London; Hybrid; GBP 153,000 - 243,000; Full time

Job summary

A leading company in the pharmaceutical industry is seeking an Associate Principal Scientist in Health Economics to drive strategic development and high-quality economic models. The role involves collaboration with cross-functional teams to support market access and demonstrate product value to stakeholders. Ideal candidates will possess a strong background in health economics and decision sciences, with a focus on innovative methodologies and effective communication.

Benefits

Bonus eligibility

Health care and insurance benefits

Retirement benefits

Paid holidays

Vacation and sick days

Qualifications

• Expertise in health economic analyses for decision-making.
• Minimum 3 years’ experience in HEOR within the pharmaceutical industry.
• Strong interpersonal and organizational skills.

Responsibilities

• Develop and maintain global health economic analyses.
• Collaborate with stakeholders for evidence generation.
• Disseminate health economic data through presentations.

Skills

Biostatistics

Health Economics

Epidemiology

Market Access

Communication

Data Management

Education

Doctoral degree or Master’s degree in Health Economics, Biostatistics, or related field

Job description

Job Description

The Associate Principal Scientist, Health Economics will report to the Executive Director, BARDS (Biostatistics and Research Decision Sciences). He/She will have the primary responsibility for strategic development, use of high-quality economic models and tools to generate business insights and to demonstrate the value of our company’s products to relevant stakeholders, such as payers, health technology assessment (HTA) agencies, healthcare decision makers, providers, and patients.

The Associate Principal Scientist, Health Economics will serve as the HEDS (Health Economic and Decision Sciences) lead on one or more value evidence team(s), and work closely with the cross-functional team(s) to develop and refine the integrated value evidence strategy and evidence generation across all phases of product development. He/She will also work closely with the HEOR (health economics and outcomes research) teams in key markets to support local market access. The position will focus on general & specialty medicines, throughout their development cycle.

Responsibilities of the role include, but are not limited to:

• Provision of strategic insights into the development and refinement of the integrated value evidence strategy and evidence generation from the perspective of health economics

• Development and maintenance of high quality global health economic analyses and tools in house or in collaboration with an external vendor to provide critical business insights and to fully demonstrate the value of our Company’s products, using established and novel methodologies. The analyses include but not limited to epidemiology analyses, early and late cost-effectiveness analyses, public health analyses, budget impact analyses, and integrated field force tools

• Collaboration with internal and external stakeholders to conduct evidence generation and synthesis studies that are used to inform economic models and the value evidence strategy

• Adaptation and/or training of global health economic resources for regional/local HEOR teams to support local HTA submissions and market access activities

• Dissemination of health economic data via presentations at national/international congresses and publications in scientific journals

Qualifications:

Education

• Doctoral degree or Master’s degree, in (Health) Economics, Biostatistics, Actuarial Sciences, or a related, quantitatively oriented field

Required experience and skills

• Expertise and hands-on experience in conceptualisation, design, development and dissemination of health economic analyses to support internal and external decision-making

• Minimum 3 years’ experience in HEOR in the pharmaceutical industry, consultancy, or relevant organisations

• Understanding of the market access environment and challenges in key markets, (eg the US, Canada, the UK and EU4, China, Japan)

• Strong interpersonal, organisational and communicational skills with ability to interact with individuals from a variety of disciplines

Preferred experience and skills

• Strong track-record of innovative HTA submissions and development of health economic resources to support market access activities

• Demonstrated strategic, innovative thinking, and decision making

• Experience in cardiovascular/metabolic diseases, immunology, neuroscience, and/or ophthalmology

• Experience in evidence generation, synthesis and analysis, such as real-world studies, literature research, meta-analysis

• Excellent presentation, interpersonal and internal and external networking skills to work in cross-functional teams

BARDS2020

#eligibleforERP

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Current Contingent Workers apply HERE

US and Puerto Rico Residents Only:

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As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics.As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:

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U.S. Hybrid Work Model

Effective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence.This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as “remote”.

The Company is required to provide a reasonable estimate of the salary range for this job in certain states and cities within the United States. Final determinations with respect to salary will take into account a number of factors, which may include, but not be limited to the primary work location and the chosen candidate’s relevant skills, experience, and education.

Expected US salary range:

$153,800.00 - $242,200.00

Available benefits include bonus eligibility, long term incentive if applicable, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. A summary of benefits is listed here.

San Francisco Residents Only:We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

Los Angeles Residents Only:We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance

Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Employee Status:

Regular

Relocation:

Domestic

VISA Sponsorship:

No

Travel Requirements:

10%

Flexible Work Arrangements:

Hybrid

Shift:

Not Indicated

Valid Driving License:

No

Hazardous Material(s):

n/a

Required Skills:

Biostatistics, Biostatistics, Business Data Analytics, Business Intelligence (BI), Communication, Data Management, Economics Modeling, Epidemiology, Global Health, Health Economics, Health Outcomes Research, Health Technology Assessment (HTA), Immunoassays, Immunochemistry, Immunology, Innovation, Literature Reviews, Machine Learning, Market Access, Medical Economics, Mentorship, Microeconomics, Neuroanatomy, Neuroscience, Neurotrophins {+ 9 more}

Preferred Skills:

Job Posting End Date:

05/29/2025

*A job posting is effective until 11:59:59PM on the day BEFOREthe listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.

Requisition ID:R349113