Health Economist

1 month ago


Cardiff, Cardiff, United Kingdom BCF Recruitment Full time
Job Title: Commercial Economist

We are seeking a highly skilled Commercial Economist to join our team at BCF Recruitment. As a Commercial Economist, you will play a key role in understanding and communicating the value of healthcare through economic modelling and data analysis.

Key Responsibilities:
  1. Health Economic Analysis: Conduct comprehensive health economic evaluations, cost-effectiveness analyses, budget impact assessments, and other quantitative analyses to demonstrate the value proposition of our products within the medical devices and ostomy market.
  2. Market Access Support: Provide health economic expertise to support market access strategies and reimbursement submissions in diverse international markets, ensuring alignment with regulatory requirements and payer preferences.
  3. Value Communication: Develop compelling value dossiers, health economic models, and evidence-based value propositions tailored to different stakeholders including healthcare providers, payers, policymakers, and patients.
  4. Evidence Generation: Collaborate with internal and external stakeholders to design and implement health economic studies, real-world evidence generation initiatives, and patient-reported outcomes research to strengthen the evidence base supporting our products.
  5. Strategic Insights: Monitor healthcare trends, policy changes, and market dynamics to identify opportunities and risks, providing strategic insights and recommendations to inform product development, pricing, and market access strategies.
  6. Cross-Functional Collaboration: Work closely with cross-functional teams including Marketing, R&D, Clinical Affairs, and Commercial teams to integrate health economic considerations into product development, launch planning, and lifecycle management activities.
  7. External Engagement: Represent the company in external forums, conferences, and collaborations with key opinion leaders, healthcare decision-makers, and professional organizations to enhance the company's reputation and influence in the respiratory, surgical, and ostomy markets.
Requirements:
  1. Postgraduate qualification in Health Economics, epidemiology, statistics, or medical sciences.
  2. Economic Analysis: Proficiency in economic theories, principles, and methodologies to analyse healthcare markets, costs, and outcomes.
  3. Statistical Analysis: Ability to work with healthcare data, conduct regression analysis, and interpret statistical findings to inform decision-making.
  4. Healthcare Policy Knowledge: Understanding of healthcare systems, policies, and regulations to assess their economic implications and propose relevant solutions.
  5. Econometric Modelling: Proficiency in building and interpreting econometric models to forecast healthcare trends, analyse market dynamics, or evaluate policy impacts.
  6. Health Economics Theory: Familiarity with health economic theories such as demand and supply of healthcare services, moral hazard, and adverse selection.
  7. Data Analysis Tools: Competence in using statistical software (e.g., Stata, R, SAS) and data visualization tools to analyse and present healthcare data effectively.
  8. Health Outcomes Research: Ability to assess health outcomes, quality of life, and patient preferences to inform healthcare resource allocation and policy decisions.
  9. Ability to travel to international locations to visit clinical locations.

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