Associate Principal Scientist, Health Economics

MerckLondon, London
Hybrid

About The Position

We are a research-driven biopharmaceutical company. Our mission is built on the simple premise that if we follow the science, we can deliver medicines that make a meaningful impact on patients’ lives. We believe that a research-driven organisation dedicated to world-class science can succeed by developing innovative medicines and vaccines that improve outcomes globally. We have an exciting opportunity for an Associate Principal Scientist, Health Economics to join our team in London, UK, or West Point, PA, USA. As the Associate Principal Scientist, you will report to the Executive Director, HEDS (Health Economic and Decision Sciences), within BARDS (Biostatistics and Research Decision Sciences). You will be responsible for the development and application of high-quality health economic models and tools to generate business insights and demonstrate the value of our products to key stakeholders, including payers, health technology assessment (HTA) bodies, healthcare decision-makers, providers and patients. You will support the Health Economics and Decision Sciences lead on one or more Value and Implementation teams and work closely with cross-functional partners to contribute to the integrated value evidence strategy and evidence generation across all phases of product development. You will also collaborate with Health Economics Outcomes Research teams in key markets to support local market access. You will primarily focus on products in immunology throughout their development lifecycle.

Requirements

  • Doctoral or Master’s degree in Health Economics, Economics, Biostatistics, Actuarial Sciences, or a related quantitative discipline.
  • Proven experience in the conceptualisation, design, development and dissemination of health economic analyses to support decision-making.
  • Strong experience in Health Economics Outcomes Research within the pharmaceutical industry, consultancy, or a related organisation.
  • Understanding of market access environments across major global markets (e.g. US, Canada, UK, EU4, China, Japan).
  • Strong interpersonal, organisational and communication skills, with the ability to work effectively across multidisciplinary teams.

Nice To Haves

  • Demonstrated experience supporting HTA submissions and developing health economic resources for market access.
  • Strong analytical thinking and problem-solving skills.
  • Experience in immunology.
  • Knowledge of evidence generation and synthesis methods, including real-world studies, literature reviews and meta-analyses.
  • Strong presentation, collaboration and networking skills to operate effectively in cross-functional environments.

Responsibilities

  • Develop and maintain high-quality global health economic models and tools, either in-house or in collaboration with external partners, to generate business insights and demonstrate product value. This includes analyses such as epidemiology, cost-effectiveness, public health, and budget impact assessments, using established and novel methodologies.
  • Provide insights into the development and refinement of the integrated value evidence strategy from a health economics perspective.
  • Collaborate with internal and external stakeholders to generate and synthesise evidence that informs economic models and value strategy.
  • Support the adaptation and/or training of global health economic resources for HEDS Regional and local HEOR teams to enable HTA submissions and market access activities.
  • Disseminate health economic evidence through presentations at national and international congresses and publications in peer-reviewed journals.
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