Job DescriptionUnder the direction of a HEDS Executive Director, the Senior Principal Scientist, Health Economics leads a team of health economists and outcomes researchers to develop health economic models and conduct economic analyses for vaccines to enable the company to understand and communicate the full economic value of our Company products and demonstrate the economic value of vaccines to payers, health technology agencies, National Immunization Technical Advisory Group (NITAG), and payers in order to optimize market access and patient outcomes.Main Responsibilities:
Lead a team in HEDS to develop and implement health economic models and analyses to demonstrate the value of our Company vaccines.
Lead, manage, mentor, and provide strategic direction to a team of 4–6 health economists and outcomes researchers.
Accountable for team prioritization and development of high-quality health economic models and tools to support market access, pricing, reimbursement, HTA, NITAG recommendations in US and ex-US markets.
Oversee team collaboration with our Company's key markets to adapt global health economic models to local markets for HTA, reimbursement and formulary submissions.
Contribute to the team’s support of development and commercialization strategies for products in development through early health economic insights.
Build effective working relationships with the cross-functional team leads and product development team value evidence leads to ensure that health economic modeling and analytic strategy and plan fully reflect payer/HTA requirements
Develop a deep understanding of value evidence needs and ensure delivery of health economic models and tools that are responsive and strongly supportive of the value evidence strategy.
Develop effective relationships with external thought leaders in health economics, decision sciences, and health policy so as to maintain an extensive understanding of external environment, create opportunities for engagement, and to establish our Company as a leader in the field.
Education Minimum Requirement:
Masters in a quantitatively oriented discipline such as health economics, mathematical epidemiology, applied mathematics, operations research, public health, and statistics
PhD (preferred)
Required Experience and Skills:
Experience in the design and development of health economic modeling approaches to enable internal and external decisions
Experience in the design and analysis of mathematical models of infectious diseases and vaccination
Experience managing research teams
Excellent organizational and communication skills (oral and written)
Ability to work independently and effectively interact with a broad group of stakeholders
Ability to balance multiple priorities, meet deadlines, and work under pressure
Strong record of research publications in peer-reviewed journals
Preferred Experience and Skills:
Advanced knowledge of economic evaluation and cost-effectiveness analysis.
Extensive experience in scientific computing and programming with software such as Mathematica, MATLAB, Python, or C.
Current Employees apply HERE (https://wd5.myworkday.com/msd/d/task/1422$6687.htmld)Current Contingent Workers apply HERE (https://wd5.myworkday.com/msd/d/task/1422$4020.htmld)US and Puerto Rico Residents Only:Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here (https://survey.sogosurvey.com/r/aCdfqL) if you need an accommodation during the application or hiring process.We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:EEOC Know Your Rights (https://www.eeoc.gov/sites/default/files/2022-10/22-088EEOCKnowYourRights1020.pdf)EEOC GINA SupplementPay Transparency Nondiscrimination (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp%20EnglishformattedESQA508c.pdf)We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively.Learn more about your rights, including under California, Colorado and other US State Acts (https://www.msdprivacy.com/us/en/CCPA-notice/)U.S. Hybrid Work ModelEffective 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:$206,200.00 - $324,600.00Available 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 (https://www.benefitsatmerck.com/) .San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance OrdinanceLos 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 OrdinanceSearch Firm Representatives Please Read CarefullyMerck & 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:RegularRelocation:VISA Sponsorship:Travel Requirements:Flexible Work Arrangements:HybridShift:Valid Driving License:Hazardous Material(s):Job Posting End Date:04/12/2025A job posting is effective until 11:59:59PM on the day BEFORE the 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: R341908