Pharmacoeconomist, Clinical Services
2 weeks ago
Under the leadership of the Director, Clinical Services, the Pharmacoeconomist provides pharmacoeconomic expertise to optimize pharmacy benefit management products from both clinical and economic perspectives at Express Scripts Canada. This involves analyzing and interpreting the cost-effectiveness and outcomes of various pharmaceutical products to direct the decision-making process, formulary management, and cost containment strategies.
The Pharmacoeconomist will utilize data analytics, in conjunction with evidence-based medicine, to identify opportunities, implement initiatives, and measure outcomes. This role requires strong analytical skills, proficiency in data analytics, and the ability to collaborate effectively in a team environment.
Key Responsibilities:
- Designs, advises, and performs pharmacoeconomic analyses and analytic plans, including cost-effectiveness analyses and multi-criteria decision analyses.
- Participates in the development and achievement of strategic and research objectives related to pharmaceutical spending and value-based efforts.
- Performs or critically appraises budget impact analyses on new and marketed pharmaceutical products.
- Develops and maintains pharmacoeconomic models and analyzes claims data to generate meaningful insights.
- Directs the activities of a value assessment committee, leading meetings, gathering information, analyzing data, presenting materials, and creating processes.
- Collaborates with colleagues to review, evaluate, and prioritize pharmaceutical products for inclusion in formularies and/or benefit management programs.
- Monitors market trends, drug pricing, and healthcare policies to assess potential impact on PBM cost containment strategies.
- Assists in the design and development of tools and mechanisms to document outcomes and value associated with pharmacoeconomic activities.
- Provides analyses related to pharmaceutical value-based efforts in collaboration with cross-functional teams.
- Participates in program planning, strategic planning, and business development activities.
- May perform other job-related duties as assigned or requested.
Qualifications:
- Advanced degree in Health Economics, Pharmacoeconomics, or related field is required.
- 5+ years of experience in conducting pharmacoeconomic analyses within the pharmaceutical industry, healthcare consulting, or at a PBM is required.
- Experience in pharmacy benefits management, group insurance, or benefits consulting.
- Strong analytical skills with various pharmacoeconomic methodologies, including proficiency in data analytics.
- Familiarity with health technology assessment (HTA) processes and guidelines.
- Excellent written and verbal communication skills to convey complex concepts to technical and non-technical audiences.
- Ability to collaborate effectively in a team environment and manage multiple projects simultaneously.
- Resourcefulness skills required to identify challenges and address potential solutions with the team.
Express Scripts Canada is a leading health benefits manager and has been recognized as one of the most innovative companies in the industry. Our clients include Canada's leading insurers, third-party administrators, and governments. We work with these clients to develop industry-leading solutions to deliver superior healthcare in a cost-controlled environment.
We offer a competitive salary and benefits package, along with a positive work environment built on solid corporate values, integrity, mutual respect, collaboration, passion, service, and alignment. We are an equal opportunity employer that promotes a diverse, inclusive, and accessible workplace.
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