Vice President, Value Demonstration and Economic Modeling (VDEM)
Are you looking to work with a dynamic team of industry leading professionals in the HEOR space? Are you interested in leading teams pointed at Value Demonstration and Economic Modeling studies that quantify the value of healthcare interventions? Our HEOR team is hiring a Vice President to lead a team of interdisciplinary research professionals conducting client studies in the biopharma space, operating as a thought leader, problem solver and consultative expert.
About You
- You are an experienced health economics and outcomes research leader who has experience leveraging a broad range of models to answer key research questions for pharmaceutical and biotech clients (e.g., budget impact, cost consequence, cost effectiveness).
- You have a demonstrated track record in economic modeling, as well as possess a solid understanding of key concepts and principles related to evidence synthesis and comparative effectiveness, as well as critical US payer requirements, including CMS, ICER, and private payers.
- You can clearly explain the rationale, methods/results, and strategy for studies to project teams, clients, and external stakeholders.
- You understand strengths and limitations of alternative approaches and propose applications/solutions of new or existing methods tailored to a specific research question.
About The Role
The Vice President (VP), VDEM is responsible for the growth and development of VDEM services and talent as part of the core Evidence Generation and overall HEOR leadership teams. The VP creates new business, cultivates key client relationships, oversees a growing delivery team, and finds opportunities to improve and grow current business.
Essential functions of the job include but are not limited to:
- Actively participate in and contribute to the senior leadership of the business including setting business strategy, participating in initiatives that encourage colleague engagement and satisfaction, promoting business growth, and ensuring operational and methodological excellence
- Collaborate across multiple business units on business strategy and execution
- Provide leadership and direction as part of the core Evidence Generation and overall HEOR leadership team delivering high-quality evidence-strategy planning, economic modeling, real-world evidence, and related services to biopharmaceutical industry clients globally
- Coordinate prioritization, resource allocation, and delivery for VDEM projects with resource and project leaders
- Contribute to business growth within existing HEOR services and expansion of HEOR-related service lines
- Achieve revenue and sales targets through direct client engagement, and support research and scientific leads in client management, project delivery, and sales activities
- Build new business opportunities and maintain long-term partnerships with clients, proactively identifying and proposing technical and strategic solutions
- Manage multiple assigned accounts simultaneously and related revenue
- Manage communications to support department and business unit goals and objectives
- Identify, develop and retain talent both inside and outside of the existing VDEM team
- Partner with colleagues and business leaders on staffing-decision recommendations (level to hire/when to hire) based on capacity models, utilization, and business pipeline
- Coach, mentor, and develop VDEM staff including overseeing new-employee onboarding and providing career development planning and opportunities
- Empower employees to take responsibility for their career development and goals
Required Experience
- 10-12+ years of experience, at least four in a consulting environment
- Postgraduate degree - PhD, MD, or PharmD preferred; Master’s degree in a subject related to health services research (e.g., health economics, public policy, health policy, epidemiology, biostatistics, or public health), with relevant experiences considered.
- Strong knowledge of the biopharmaceutical industry and payer-evidence requirements
- Proven record of leadership experience in high-impact HEOR publications, business development, consulting, and/or leadership, including a proven track record of success.
- Expert review and interpretation of data outputs and results, and develop/deliver publications and/or presentations
- Experience with development of pharmacoeconomic models, with specific understanding of value-demonstration modeling, including but not limited to:
- Possesses expert understanding of the biopharmaceutical industry, medical affairs, and requirements for payer and health-technology assessment, evidenced by a track record of relevant publications
- Demonstrates sufficient understanding of relevant methods to be able to oversee studies involving model development/validation (budget impact, cost effectiveness, cost consequence, other), and utility modelling/mapping (trial-based analyses)
- Clearly explains the rationale, methods/results, and strategy for studies to project teams, clients, and external stakeholders
- Understands strengths and limitations of alternative approaches and proposes applications/solutions of new or existing methods tailored to a specific research question
- Strong strategic and technical writing skills
- Knowledge of the interconnectedness of the variety of commercialization services that a life sciences company needs to successfully launch a project.
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Precision Medicine Group is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other characteristics protected by law.
If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact Precision Medicine Group at [email protected].
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Skills Required
- 10-12+ years of experience, at least four in a consulting environment
- Postgraduate degree - PhD, MD, or PharmD preferred
- Strong knowledge of the biopharmaceutical industry and payer-evidence requirements
- Proven record of leadership in business development and consulting
- Expert review and interpretation of data outputs and results
Precision Medicine Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Precision Medicine Group and has not been reviewed or approved by Precision Medicine Group.
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Healthcare Strength — Health coverage includes medical, dental, and vision with HSA/FSA options, plus disability and life insurance, forming a comprehensive core package. The lineup is presented as robust across wellbeing, time off, and financial security categories.
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Leave & Time Off Breadth — Time off includes generous PTO and paid holidays, along with paid parental leave and adoption assistance. These offerings are positioned as part of a well-rounded benefits suite in the U.S. with similar cores noted in Canada.
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Retirement Support — Retirement programs include a 401(k) with employer match in the U.S. and a group retirement plan in Canada. These elements help establish a competitive total rewards foundation.
Precision Medicine Group Insights
What We Do
We founded Precision Medicine Group in 2012 because we believed there was a transformational opportunity to improve the process of bringing new drugs to market. It involves utilizing technology, data, and human expertise. It is a big challenge that requires diverse talents. Our model involves both nurturing and investing organically and acquiring capabilities that we do not have but critically need. Our core executive team is anchored to this model, building life science services that address fundamental changes in healthcare that are necessary for health and outcomes improvement.
