Consultant Health Economics

Initiate; Towcester; Hybrid; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Birthday off

25 days holiday

Healthcare insurance

Life insurance

Onsite gym

Development programme

Job summary

Initiate is seeking an experienced Healthcare Economics and Outcomes Research Consultant to lead cost-effectiveness and budget impact modelling for health technologies. You will engage directly with pharmaceutical clients and healthcare organisations, guiding analyses, interpretations, and strategic health economic advice across markets.

The role combines technical modelling with client-facing leadership and project management, offering remote or hybrid work options and a comprehensive benefits

Qualifications

• Advanced degree in Health Economics, Economics, Statistics, or related field.
• Proven experience in health economic modelling and outcomes research.
• Strong understanding of international health systems and HTA processes.
• Expertise in cost-effectiveness and budget impact modelling methodologies.
• Experience with healthcare data analysis and clinical trial interpretation.
• Proficiency in statistical software and modelling platforms.
• Excellent project management and client communication skills.
• Ability to manage multiple priorities and deadlines effectively.

Responsibilities

• Lead end-to-end development and QA of cost-effectiveness and budget impact models.
• Analyse healthcare and trial data with advanced statistical methods.
• Interpret study results and plan statistical analyses.
• Lead model conceptualisation, development, validation and troubleshooting.
• Adapt economic models to local market requirements.
• Review model inputs and assumptions for robustness.
• Support client-facing discussions with economic insights.

Skills

Statistical software

Modelling software

Project management

Client communication

Team leadership

Analytical thinking

Education

Advanced degree in Health Economics or related field

Tools

R

SAS

Excel

Job description

Start: Flexible

Location: Remote or hybrid; we have offices in London and Northamptonshire

Initiate

Initiate is a global market access and health economics consultancy working with novel products designed to help people living with rare or life-limiting disorders. Our core values are collaboration, empowerment, integrity, and pragmatism. We seek to recruit extraordinary talent in those who not only hold these same values but have a passion to succeed, deliver, and grow. Join our team as a Healthcare Economics and Outcomes Research Consultant and drive evidence-based healthcare decision-making.

About the Role

We are seeking an experienced Consultant HEOR to lead the development of cost-effectiveness and budget impact models that shape healthcare policy and reimbursement decisions. This role combines advanced health economic expertise with strategic consulting, project leadership, and direct client engagement, supporting pharmaceutical companies and healthcare organisations in demonstrating the value of health technologies.

Key Responsibilities

Technical Delivery & Modelling

• Lead the end-to-end development and quality assurance of cost-effectiveness and budget impact models for health technologies
• Conduct sophisticated analysis of healthcare and clinical trial data
• Interpret clinical study results and support planning of statistical analyses
• Lead model conceptualisation, development, validation, and troubleshooting
• Support adaptations of economic models to address local market requirements
• Critically review and select relevant model inputs and assumptions
• Perform additional statistical analyses for local market adaptations

Strategic Support & Communication

• Contribute to clinical summaries, dossiers, and value messages for reimbursement submissions
• Support HTA pricing and reimbursement submissions with economic modelling expertise
• Assess epidemiology, disease management, unmet medical needs, and burden of disease
• Evaluate relative efficacy, safety, and cost-effectiveness of health technologies
• Apply corporate styling, referencing, and brand standards to all deliverables
• Prepare and present compelling materials to clients and stakeholders

Business Development & Client Management

• Develop proposals and marketing materials to support new business opportunities
• Identify and pursue new business opportunities with existing and prospective clients
• Make strategic approaches to potential clients
• Liaise directly with clients, lead on routine client communications and technical discussions, and provide regular updates ensuring project alignment
• Lead multiple client engagements or substantial project workstreams, managing scope, timelines, budgets, resources, risks, and quality

Leadership & Team Development

• Lead, supervise, and mentor analysts and associate consultants
• Support professional development of team members
• Coordinate cross-functional teamwork across projects
• Manage own wellbeing and that of team members
• Proactively develop technical and commercial skills

Essential Requirements

• Advanced degree in Health Economics, Economics, Statistics, or related field
• Proven experience in health economic modelling and outcomes research
• Strong understanding of international health systems and HTA processes
• Expertise in cost-effectiveness and budget impact modelling methodologies
• Experience with healthcare data analysis and clinical trial interpretation
• Proficiency in statistical software and modelling platforms
• Excellent project management and client communication skills
• Ability to manage multiple priorities and deadlines effectively

Desirable Qualifications

• Experience with reimbursement submissions and HTA processes
• Knowledge of pharmaceutical pricing and market access strategies
• Experience in primary and secondary research methodologies
• Strong presentation and stakeholder engagement skills
• Previous consulting or client-facing experience
• Understanding of compliance requirements in healthcare research

What We Offer

• Opportunity to work on cutting-edge healthcare economics projects
• Collaborative environment with opportunities for professional growth
• Direct client interaction and business development exposure
• Mentorship and leadership development opportunities

Competitive compensation and comprehensive benefits package

• Competitive salary
• Bonus scheme
• Birthday off
• 25 days holiday (excludes bank holidays)
• 3 days leave 'Privilege Days' at Christmas time
• Healthcare insurance scheme
• Life insurance
• Personalised development programme: the job holder will receive training, ongoing support and opportunities for personal development and career progression
• Use of onsite gym and/or subsidised gym

Initiate is committed to equal opportunities and welcomes applications from all suitably qualified candidates. If you require reasonable adjustments during the recruitment process, please let us know.