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Principal Analyst, Outcomes Research

General Summary

The Principal Analyst, Health Economics and Outcomes Research, (HEOR), is a significant contributor to the development and communication of HEOR evidence to demonstrate the value of Penumbra products. This role is responsible for identifying HEOR evidence gaps for Penumbra products, developing research strategies, executing HEOR analysis, developing peer-reviewed publications with a strong focus on the US market. The Principal Analyst HEOR also closely works with market access, clinical, marketing, and commercial teams to support Penumbra business needs. This is a US role, located in the Global Headquarters in Alameda, California.


Specific Duties and Responsibilities

•Develop, implement, and manage health economics and outcomes research (HEOR) activities for Penumbra.*

•Develop outcomes research protocols, conduct data analyses using statistical analysis software and draft abstracts and manuscripts.*

•Identify HEOR evidence gaps for Penumbra products, develop research strategies, execute HEOR analysis, and develop peer-reviewed publications.*

•Write the draft of manuscripts and abstracts prior handing them to a professional medical writer, aligned with business goal. The Principal Analyst HEOR works closely with the medical writer and authors until publication acceptance.*

•Work under the supervision of the Global Health Economic Director and in partnership with the market access team and key internal and external stakeholders to develop HEOR to support the market adoption of key products with a primary focus in the USA and advance understanding of specific disease states.*

•Lead the development of HEOR projects in the USA, including developing research protocols, selecting appropriate statistical methodologies, conducting data analyses using statistical analysis software, interpreting the study results, and communicating key findings to senior leadership.*

•Provide guidance to external research vendors or internal analysts involved in real-world evidence (e.g., Vizient Clinical database, PINC AI).*

•Develop and execute HEOR evidence to demonstrate the economic value of company products through economic evaluation (budget impact models/analyses, cost- effectiveness analyses, cost-utility analysis), retrospective claims database analyses, burden of illness analyses, decision modelling, patient reported outcomes and survey research, and evidence synthesis (targeted literature reviews, systematic literature reviews, clinical and economic dossiers for submission to health authorities, technology assessment boards, and payers).*

•Identify opportunities where HEOR can support challenges facing emerging technologies and commercially marketed products and communicate business impact to senior management.*

•Provide HEOR-related training to sales, marketing, clinical, regulatory, and legal to increase awareness and understanding of HEOR competency and its role in supporting market adoption of products and therapies with a primary focus in the US.*

•Adhere to the Company’s Quality Management System (QMS) as well as domestic and global quality system regulations, standards, and procedures.*

•Understand relevant security, privacy, and compliance principles and adhere to the regulations, standards, and procedures that are applicable to the Company.*

•Ensure other members of the department follow the QMS, regulations, standards, and procedures.*

•Perform other work-related duties as assigned.

*Indicates an essential function of the role


Position Qualifications

Minimum education and experience:

•Bachelor's degree in public health, health services research or related field with 7+ years of experience, or equivalent combination of education and experience.


Additional qualifications:

•Advanced degree preferred in biostatistics or epidemiology, including formal training in any areas of health economics, public health, health services research, epidemiology, or biostatistics.

•7+ years relevant experience in HEOR in the US preferably with experience working with new medical technologies in medical device, or alternatively in pharmaceutical or biotechnology.

•Proven track record of building and delivering administrative claims database analysis through abstracts / publications and / or interactive model applications in medical device industry.

•History of developing, authoring, and presenting peer-reviewed publications and abstracts.

•Demonstrated success developing HEOR evidence strategies aligned with business needs, including the ability to influence senior leadership.

•Practical experience and expertise in using statistical analysis software (e.g., SPSS, SAS, Instant Health Data (IHD), STATA, R), and statistical methodologies (e.g., propensity score matching, inverse probability weighting, logistic regression, generalized linear mixed models).

•Understanding of US healthcare reimbursement, policy, health technology assessment (HTA), pricing, and market landscape assessments, including evaluation of evidence for coverage decisions.

•Practical experience and expertise in using decision analysis software (Excel, Visual Basic for Applications / VBA, TreeAge, R).

•Strong communication skills and experience developing interpersonal relationships with internal and external stakeholders across multiple functional areas.

•Demonstrated ability to make effective decisions independently and to work in a fast- paced matrix environment with minimal supervision.

•Proven track record of building and delivering health economic modelling outputs, including cost-effectiveness analyses, and budget impact models.

•Direct experience working with vascular therapies devices.

•High degree of accuracy and attention to detail.

•Proficiency with MS Word, Excel, and PowerPoint.

•Excellent organizational skills with ability to prioritize assignments while handling various projects simultaneously. 


Working Conditions

•General office environment. Position is based in Alameda, California.

•Requires some lifting and moving of up to 5 pounds.

•Must be able to move between buildings and floors.

•Must be able to remain stationary and use a computer or other standard office equipment, such as a printer or copy machine, for an extensive period of time each day.

•Must be able to read, prepare emails, and produce documents and spreadsheets.

•Must be able to move within the office and access file cabinets or supplies, as needed.

•Must be able to communicate and exchange accurate information with employees at all levels on a daily basis.



Annual Base Salary Range:  $153,000 - $180,000   

We offer a competitive compensation package plus a benefits and equity program, when applicable. 

Individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location. 



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Average salary estimate

$166500 / YEARLY (est.)
min
max
$153000K
$180000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Principal Analyst, Outcomes Research, Penumbra

If you're an experienced health economist looking for an exciting new challenge, then the Principal Analyst, Outcomes Research position at Penumbra in beautiful Alameda, CA might just be the perfect fit for you! In this role, you’ll be at the forefront of developing and communicating vital outcomes research that showcases the value of Penumbra's innovative products. You will work alongside a talented team, collaborating closely with market access, clinical, marketing, and commercial departments to ensure our products not only meet market needs but exceed expectations. You’ll get to identify critical evidence gaps, create research strategies, and execute HEOR analysis that leads to impactful peer-reviewed publications. Your work will directly influence the market adoption of our technologies, primarily within the US healthcare landscape. We’re looking for someone with a strong background in health economics and a passion for improving patient outcomes through rigorous analysis and evidence generation. You will have the opportunity to train various teams within our organization, fostering a comprehensive understanding of HEOR competencies. This role is both challenging and rewarding, as you help shape the future of healthcare products. If you thrive in dynamic environments and have experience with statistical software and health economics methodologies, we would love for you to join our inclusive team at Penumbra!

Frequently Asked Questions (FAQs) for Principal Analyst, Outcomes Research Role at Penumbra
What does a Principal Analyst, Outcomes Research do at Penumbra?

The Principal Analyst, Outcomes Research at Penumbra is responsible for developing and managing health economics and outcomes research (HEOR) activities. This includes creating research strategies, conducting analyses, and publishing results to demonstrate the value of Penumbra's products in the healthcare market.

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What qualifications are required for the Principal Analyst, Outcomes Research position at Penumbra?

Candidates for the Principal Analyst, Outcomes Research role at Penumbra ideally hold a Bachelor’s degree in public health, health services research, or a related field, accompanied by 7+ years of relevant experience in HEOR, particularly in the US healthcare market. An advanced degree in biostatistics or a related field is preferred.

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What is the salary range for the Principal Analyst, Outcomes Research role at Penumbra?

The annual base salary range for the Principal Analyst, Outcomes Research position at Penumbra is between $153,000 and $180,000. Compensation may vary based on qualifications and experience.

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What skills are important for a Principal Analyst in Outcomes Research at Penumbra?

Key skills for the Principal Analyst, Outcomes Research at Penumbra include expertise in statistical analysis software, strong communication skills, organization, attention to detail, and the ability to work independently in a fast-paced environment.

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Where is the Principal Analyst, Outcomes Research position located?

The Principal Analyst, Outcomes Research role is based at Penumbra's Global Headquarters in Alameda, California. The location offers a vibrant and collaborative office environment.

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What can I expect in terms of work environment at Penumbra?

Penumbra offers a general office environment where you can expect to engage with diverse teams and undertake tasks using standard office equipment. The atmosphere promotes collaboration and growth, making it an exciting place to work.

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How does the Principal Analyst, Outcomes Research contribute to Penumbra's mission?

The Principal Analyst, Outcomes Research plays a key role in advancing Penumbra's mission by generating robust HEOR evidence that supports market adoption of innovative medical technologies, ultimately improving patient care and outcomes.

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Common Interview Questions for Principal Analyst, Outcomes Research
Can you explain your experience with health economics and outcomes research?

When answering this question, detail your hands-on experience with HEOR projects, specifying methodologies used and outcomes achieved. Highlight any peer-reviewed publications you've contributed to and their significance in demonstrating product value.

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What statistical software are you proficient in, and how have you applied it in past projects?

Mention specific software such as SPSS, SAS, or R, and provide examples of how you used them for data analysis and research in your previous roles, reinforcing your ability to derive actionable insights from complex datasets.

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How do you identify evidence gaps in health economics?

Discuss your approach to conducting literature reviews and analyzing market needs to pinpoint where evidence is lacking. Provide an example where you successfully identified a gap and developed a research strategy to address it.

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What methodologies do you find most effective for conducting economic evaluations?

Explain why you prefer certain methodologies—like cost-effectiveness analysis or budget impact analysis—based on project objectives, and share examples of how these approaches have led to successful outcomes.

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Can you describe a challenging HEOR project you managed and the results?

Give a detailed account of a challenging project, focusing on the obstacles faced, your project management strategies, and the tangible results achieved. Highlight teamwork and communication skills illustrated throughout the process.

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How do you ensure your HEOR findings are effectively communicated to stakeholders?

Discuss how you tailor presentations and reports to suit different audiences, ensuring that complex information is conveyed clearly. Include any experience with working alongside medical writers or creating visualizations to enhance understanding.

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What is your experience with peer-reviewed publications?

Share your involvement in authoring or co-authoring publications, detailing the process from research to submission and the importance of peer review in validating research findings.

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In your opinion, what are the key trends in health economics today?

Identify current trends such as value-based healthcare, patient-reported outcomes, or the integration of real-world evidence in decision-making. Discuss how you stay informed on these trends and adapt your strategies accordingly.

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How do you manage time and prioritize tasks when handling multiple projects?

Explain your organizational techniques, such as using project management tools, to prioritize high-impact tasks while maintaining flexibility for unforeseen challenges. Provide an example of how effective time management helped achieve project goals.

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What role does collaboration play in your work as a Principal Analyst in Outcomes Research?

Emphasize the importance of cross-functional collaboration in your previous roles, illustrating how it enhanced project outcomes and facilitated greater awareness of HEOR across different teams within the organization.

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Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company focused on innovative therapies. Penumbra designs, develops, manufactures and markets novel products and has a broad portfolio that addresses challenging medical ...

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November 28, 2024

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