Parexel is hiring a Health Economics Associate for its India – Hyderabad – Remote location. This is an excellent opportunity for candidates with a Master’s degree in Life Sciences, Health Economics, Economics, Mathematics, Statistics, or another quantitative discipline.

The Parexel Health Economics Associate job involves supporting the development and evaluation of health economic models used to assess the cost-effectiveness of healthcare technologies for global reimbursement applications. Candidates with strong analytical skills, advanced Excel knowledge, and experience with VBA, SAS, or R may find this opportunity particularly relevant.

Job Details

About Parexel

Parexel is a global clinical research and consulting organisation supporting the development of therapies and healthcare solutions. The company works across multiple areas, including clinical trials, regulatory affairs, consulting, and market access.

Through its work in clinical development and healthcare research, Parexel supports organisations in bringing therapies and healthcare technologies to patients worldwide.

About the Health Economics Associate Role

The Health Economics Associate at Parexel will contribute to the development of health economic models that evaluate the economic value and cost-effectiveness of health technologies.

The role involves data analysis, health economic modelling, country adaptations, literature research, and project execution. The selected candidate will also support senior team members in delivering scientific and strategic solutions to clients.

This role is particularly suitable for professionals interested in Health Economics, Health Technology Assessment (HTA), Outcomes Research, Market Access, and pharmaceutical research.

Key Responsibilities

Project Execution

The selected candidate will be responsible for:

• Providing high-quality, timely, scientific and strategic solutions to meet client requirements.
• Supporting project execution under the guidance of senior team members.
• Working with existing health economics models.
• Supporting country-specific adaptations of health economic models.
• Performing data analysis and assisting in model development.
• Checking and evaluating health economic models using appropriate software tools.
• Helping assess and communicate the economic value of clients’ healthcare products.
• Conducting systematic searches for published health economic models.
• Reviewing scientific literature relevant to health economics and outcomes research.
• Searching for evidence and models published by Health Technology Assessment (HTA) bodies.
• Supporting the evaluation of healthcare technologies for global reimbursement applications.
• Maintaining accuracy and quality across project deliverables.

Skills Required

Candidates applying for this Parexel Health Economics Associate job should possess strong technical and analytical capabilities.

Key skills include:

• Strong computing skills.
• Excellent knowledge of Microsoft Office.
• Advanced Microsoft Excel skills.
• Knowledge of writing Excel macros.
• Experience or knowledge of VBA programming.
• High analytical ability.
• Strong attention to detail.
• Excellent written accuracy.
• Good verbal and written communication skills.
• Ability to communicate technical information effectively.
• Self-motivation and flexibility.
• Enthusiasm and willingness to learn.
• Fluent English communication skills.
• Interest in medical research and healthcare.
• Interest in the pharmaceutical industry.

Knowledge of another European language may be considered an additional advantage.

Education Qualification

Candidates should have a:

• Master’s degree or equivalent in Life Sciences, or
• Master’s degree in Health Economics, or
• Master’s degree in Economics, or
• Master’s degree in Mathematics, or
• Master’s degree in Statistics, or
• Another relevant quantitative discipline.

Experience Requirements

The job description indicates that the following experience would be advantageous:

• 2+ years of experience in programming or relevant software.
• Experience with VBA, SAS, or R.
• Training or experience in Health Economics.
• Training or experience in Health Outcomes Research.
• Experience in a relevant analytical, research, healthcare, pharmaceutical, or consulting role.

Relevant experience is advantageous, and candidates with strong academic backgrounds and relevant technical skills may also benefit from exploring this opportunity.

Knowledge Areas That Can Help

Candidates may have an advantage if they have knowledge of:

• Health Economics
• Health Outcomes Research
• Health Technology Assessment (HTA)
• Cost-Effectiveness Analysis
• Economic Modelling
• Market Access
• Pharmaceutical Research
• Healthcare Systems
• Reimbursement
• Data Analysis
• Scientific Literature Review
• VBA
• SAS
• R Programming
• Advanced Excel

Why Consider a Career in Health Economics?

Health economics plays an increasingly important role in healthcare decision-making. Health economic models can help organisations evaluate the cost-effectiveness and economic value of healthcare technologies.

Professionals working in this area may gain exposure to:

• Pharmaceutical and biotechnology products.
• Healthcare technologies.
• Global healthcare systems.
• Market access and reimbursement processes.
• Health Technology Assessment.
• Data analysis and quantitative modelling.
• Scientific research and evidence generation.

The Parexel Health Economics Associate role can provide valuable experience for professionals interested in combining healthcare knowledge with economics, statistics, programming, and data analysis.

Benefits of Working at Parexel

Parexel offers an opportunity to contribute to healthcare and clinical development activities that can ultimately support patient outcomes.

Potential career benefits include:

• Exposure to global healthcare projects.
• Experience in health economics and market access.
• Opportunities to work with scientific and quantitative data.
• Experience with health economic modelling.
• Collaboration with experienced professionals.
• Exposure to pharmaceutical and healthcare research.
• Professional development in a global organisation.

Specific employee benefits may vary depending on employment location and company policies.

Salary for Health Economics Associate at Parexel

The estimated salary for a Health Economics Associate at Parexel in India may range from approximately:

₹7 LPA – ₹12 LPA (Estimated)

Actual compensation may vary depending on:

• Candidate experience.
• Educational qualifications.
• Technical skills.
• Knowledge of VBA, SAS, or R.
• Previous experience in Health Economics or Outcomes Research.
• Location and company compensation policies.

Note: This salary range is an editorial estimate and is not an official salary disclosed by Parexel.

Who Should Apply?

This opportunity may be suitable for:

• M.Sc Life Sciences candidates.
• Master’s graduates in Health Economics.
• Economics graduates.
• Mathematics graduates.
• Statistics graduates.
• Quantitative discipline graduates.
• Health Economics professionals.
• Outcomes Research professionals.
• Market Access professionals.
• Candidates with VBA, SAS, or R programming experience.
• Professionals interested in healthcare analytics and economic modelling.

How to Apply

Application Link