Merck & Co, Inc

Associate Principal Scientist, Health Economic and Decision Sciences

Merck & Co, Inc$156K — $247K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • PhD or Master's degree in Health Economics, Biostatistics, Health Services Research, or related field.
  • Relevant experience in health economics and outcomes research beyond academic qualifications.
  • Knowledge of economic evaluation specifically in oncology drugs.
  • Hands-on experience in developing and disseminating health economic models.
  • Proven track record of submissions to Health Technology Assessment bodies and publications in scientific journals.
  • Strong organizational and communication skills for interdisciplinary collaboration.
  • Understanding of market access challenges in the US and international landscapes.

Responsibilities

  • Lead health economic model development on Value and Implementation teams.
  • Utilize various data sources to create economic models for drug development phases.
  • Enhance modeling approaches in collaboration with internal and external partners.
  • Develop and maintain global health economic models to showcase product value.
  • Train teams on health economics models for effective stakeholder communication.
  • Present health economic data at conferences and publish findings in journals.
  • Collaborate with external thought leaders and internal teams to apply advanced analytics.

Benefits

  • Medical, dental, and vision healthcare insurance for employee and family.
  • Retirement benefits including 401(k).
  • Paid holidays, vacation, and compassionate/sick days.
  • Comprehensive package that supports work-life balance.
  • Flexible work arrangements, including hybrid options.
Full Job Description

Job Description

Description

We have an exciting opportunity for a new Associate Principal Scientist to join our Oncology health economic modeling team in the Health Economic and Decision Sciences group. The preferred location for this role is West Point, PA; although alternate locations may be considered, including Rahway, NJ; Boston, MA; the UK, and Switzerland. Hybrid and flexible work arrangements are possible, consistent with local office and country policies.

Role

Under the direction of an HEDS Senior Director, the Associate Principal Scientist provides strategic development and use of industry-leading predictive and economic models to enhance our understanding of disease and to quantify and communicate the value of our oncology products to patients, providers, and payers.

  • Serve as the BARDS HEDS lead for one or more Value and Implementation teams to develop health economic, disease, and predictive models to enable business insights for the product.
  • Utilize discovery, real world evidence, clinical trial and published data, and publicly available information and tools to provide economic and integrated models to answer key questions in all phases of drug and vaccine development 6 Phase I through loss of data exclusivity.
  • Advance the use of integrated quantitative approaches, focusing on economic, disease, and predictive modeling and simulation in partnership with other internal groups and external organizations.
  • Development and maintenance of health quality global health economic models and tools in-house or in collaboration with external vendors to provide critical business insights and fully demonstrate the value of our companys products.
  • Support and training of HEDS models and tools to support country/regional team adaptations and communications with external stakeholders.
  • Dissemination of health economic data via presentations at congresses and publications in scientific journals.
  • Work closely with external collaborators (clinical/economic thought leaders, payer/HTA experts, alliance partners) and internal cross-functional teams to ensure that new methodologies, models and advanced analytics are fully utilized for our products.
  • Maintain awareness of external data, modeling methodologies and IT tools to collaborate across relevant internal stakeholders to enhance our Companys capabilities in health economic modeling, simulation, and data visualization.
  • Ensure sharing of work product and relevant best practices across our Companys enterprise.

Education

  • PhD (preferred) or Masters degree, in Health Economics, Biostatistics, Health Services Research, Actuarial Sciences, Operations Research or a closely related quantitative field

Required Experience and Skills:

  • Relevant work experience in health economics and outcomes research (HEOR) beyond PhD or Masters degree
  • Knowledge and experience in economic evaluation of oncology drugs and interventions
  • Expertise and solid hands-on experience in the conceptualization, design, development and dissemination of health economic model approaches to enable internal and external decisions
  • Track record of submissions to Health Technology Assessment bodies and research publications in conferences and peer-reviewed journals
  • Strong interpersonal, organizational and communication skills with ability to interact with individuals from a variety of disciplines
  • Understanding of the market access environment and challenges in the US and key international markets

#eligibleforERP

Required Skills:

Data Management, Economic Modeling, Health Economics, Health Economics Evaluation, Health Technology Assessment (HTA), Oncology, Researching, Stakeholder Relationship Management, Strategic Planning

Preferred Skills:

Current Employees apply

Current Contingent Workers apply

The salary range for this role is

$156,900.00 - $247,000.00

This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employees position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.

The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.

We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at .

You can apply for this role through (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting.

Search Firm Representatives Please Read Carefully
Merck & 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:

Regular

Relocation:

Domestic

VISA Sponsorship:

Yes

Travel Requirements:

10%

Flexible Work Arrangements:

Hybrid

Shift:

Not Indicated

Valid Driving License:

No

Hazardous Material(s):

n/a

Job Posting End Date:

09/21/2026

*A job posting is effective until 11:59:59PM on the day BEFOREthe listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.

About Merck & Co, Inc

Schering-Plough Corporation is a major U.S.-based manufacturer of pharmaceuticals. It operates in three segments: Prescription Pharmaceuticals, Animal Health, and Consumer Health Care. Schering-Plough develops products targeting on allergy, cancer, hepatitis, cardiovascular, central nervous system, respiratory system, and more.  It was founded in 1851 by Ernst Christian Friedrich Schering as Schering AG in Germany. Schering-Plough manufactured several pharmaceutical drugs, the most well-known of which were the allergy drugs Claritin and Clarinex, an anti-cholesterol drug Vytorin, and a brain tumor drug Temodar. It also developed drugs targeting on central nervous system and the respiratory system. Schering Plough also owned and operated the major foot care brand name Dr. Scholl's and the skin care line Coppertone. These also became a part of the new company. Schering-Plough was a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA), a membership which is also maintained by the new Merck.

Merck & Co, Inc Careers

Join the visionary team at Merck & Co, Inc, a global leader in healthcare dedicated to advancing the world of medicine. As part of our professional community, you'll find dynamic job opportunities that foster innovation and leadership across various fields. Merck & Co, Inc is not just a company; it's a place where you can make a difference.

Work You’ll Do

At Merck & Co, Inc, we are committed to improving global health through groundbreaking research and innovative healthcare solutions. Our team is at the forefront of developing new therapies and vaccines that significantly impact public health worldwide. By joining us, you will collaborate with some of the brightest minds in the industry, using your skills to contribute to projects that save and improve lives around the globe.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a professional position, Merck & Co, Inc offers a range of career paths in environments that promote rapid professional growth and development. Explore job opportunities in research, digital transformation, manufacturing, and more, all while benefiting from a culture that supports diversity and inclusion.

Innovate and Lead

Merck & Co, Inc is an ideal environment for those who lead with curiosity and the drive to innovate. Our leadership is committed to fostering a culture where inventive thinking and collaboration are encouraged, making it a perfect place for professionals who seek to make an impact through their work.

Develop Your Skills

With Merck & Co, Inc, you are not just getting a job; you're gaining access to unparalleled career development opportunities. Enhance your skills through diverse training programs, workshops, and continuous learning courses designed to help you grow at every stage of your career.

Benefits and Culture

We understand that our employees are our greatest asset, which is why we offer competitive benefits designed to support the health and well-being of you and your family. From comprehensive health care coverage and retirement plans to flexible working conditions and wellness programs, our benefits package is designed to meet the diverse needs of our team members.

Join Our Team

Ready to advance your career at Merck & Co, Inc? Search open positions that match your skills and interests. We are continuously hiring and looking for passionate, creative, and solution-driven team players. Prepare your resume, sharpen your interview skills, and become part of a company that's dedicated to making a difference.

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Learn more about Merck & Co, Inc
Size
68,000 employees
Market Cap
$282.6 billion
Industry
Net Income
$7 billion
Founded
1668
5 Year Trend
+4.1%
Revenue
$47.9 billion
NASDAQ

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