McKinsey & Company is a global management consulting firm with 82 offices in 43 countries, advising the top management of leading companies and institutions on issues of strategy, organization, technology and operations. Our mission is twofold: to help our clients make positive, lasting and substantial improvements in their performance and to build a great Firm that is able to attract, develop, excite and retain exceptional people.
Position Description
Senior Biostatistician/ Epidemiologist/Health Economist
THE GLOBAL HEALTHCARE PRACTICE
The Firm serves multiple industries and is organized around industry-specific Practices. Since 2000, our Global Healthcare Practice, which consists of 70 partners, 200 clinicians and over 500 consulting staff, has undertaken over 4,200 healthcare studies. The practice consists of two segments: a Healthcare Payor and Provider segment, which also includes the Health Systems Group, and the Pharmaceuticals and Medical Products segment.
The Healthcare Payor and Provider practice (HPP) creates new solutions to challenges facing health care organizations. We advise clients on organization, marketing, and strategy; health care reform; analysis of market trends and epidemiological data. We also help companies find ways to grow and provide strategic guidance, research, and analytical support in launching new products and services. The practice serves three types of clients: healthcare payors (i.e. private insurance companies, HMOs, NHS, etc), providers (i.e. academic medical centers, hospital systems, physicians) and health system leaders (governments) on a broad range of strategic, organizational and operations effectiveness issues.
Since 2002, McKinsey’s Health Systems Group (HSG) has led work related to the third segment of the HPP practice. We serve governments worldwide to help them build and improve their health systems. We have participated in major health systems reform programs in regions and countries as diverse as the UK, Scandinavia, Cyprus, Canada, US, Egypt, Singapore, the Middle East and Tanzania. We have helped them to fundamentally improve health outcomes through policy and organisational reforms that have increased access to health services, improved quality of care, and helped governments and their citizens to more effectively utilise health resources.
The Health Systems Institute (HSI) works to fundamentally improve health outcomes around the world by helping our clients to increase access to health services, improve quality of care, most effectively utilize health resources and deliver better patient experiences. We will do this by becoming the leading provider of meaningful and credible health systems performance information, analysis and advice to health system leaders.
PURPOSE OF POSITION
Overview: As a high achiever with an entrepreneurial mindset, you will be able to apply your proven analytical and strategic skills to build sophisticated datasets and analysis. You will work as an integral member of our project teams to respond to the need for credible data and analysis on health system performance, helping healthcare leaders make healthcare reform decisions
Detailed Description: Successful candidates will achieve significant impact by applying their understanding of healthcare and health data to modeling, providing expert data analysis support in areas such as operational efficiency, productivity and system quality to McKinsey client service teams. Your specific contributions will vary depending on your skills and experience, but could include:
Client service/ Client development
- Work as an integral member of Client Service Teams to inform and guide data collection, develop quantitative analysis using existing data and give oral and written presentation of findings
- Lead efforts to develop health-specific diagnostic tools (database, framework, analytical data metrics) that shall be piloted, refined, stored and disseminated, including new delivery approaches and service models
- Build, maintain, and leverage a network of relationships with external healthcare data modeling experts in order to provide teams with industry/functional-specific trend expertise
- Assist leaders in proactively identifying new client situations and topics where the Practice can deliver substantial, lasting value through analytical service offerings
Knowledge building/ Knowledge transfer
- Undertake independent analysis and modeling of healthcare statistics and trends, and producing internal documents and tools
- Develop and codify knowledge of key health datasets and databases globally
- Make substantive, intellectual contributions to knowledge efforts through problem structuring, research, and analysis
- Participate in the preparation of speeches and articles
KNOWLEDGE AND SKILLS REQUIRED
General Qualifications:
The Senior Biostatistician/Epidemiologist/Health Economist serves as the point person for many core Practice activities and therefore must demonstrate excellent strategic capabilities, a strong sense of entrepreneurship, and an ability to engage effectively with consultants. Therefore, strong interpersonal skills and the ability to develop networks are of high importance. The successful candidate will also already have many of the problem-solving and analytical skills that make our work insightful. McKinsey provides a supportive working environment that helps you develop these further and acquire many new skills through access to world class training, effective day-to-day coaching and exposure to leading edge thinking.
Specialist
- Computing: Statistical software (SAS + ideally R), database querying (MS Access, MS SQL Server), spreadsheet development (Excel), programming (ideally VB + R)
- Numerical skills: Mathematics and (bio) statistics, quantitative problem solving and model abstraction
- Statistical analysis: Experience in statistical analysis, hypothesis testing, clustering, prediction modeling, survival analysis, epidemiologic causal modeling, experimental design
- Presentation skills: clear oral and written presentation of methodology and findings to specialist and non-specialist audiences
- Health background: Experience in epidemiology and/or health informatics is required
Expert
In addition to all of the above,
- Health system expertise: Several year of work experience in epidemiology and/or bio-informatics. In-depth knowledge of at least 2 health system domains [health system financing, quality, workforce, organisational structures]
- Statistical analysis: Solid expertise and several years of work experience at a senior level in different kinds of statistical analysis as listed above
- Model building and programming: Development of spreadsheet and database models, data collection templates and automated reporting tools
Background/Education:
• You will demonstrate solid skills in statistical and data analysis, sound business insight, impressive and relevant career development and a strong academic record
• Strong academic record to PhD level is required, with a Masters in Biostatistics, Applied Epidemiology, Health Informatics or a similar degree in analysis of health-related data. MBA, MPH or Masters in Health Policy is desirable
• Previous work experience may include working in a top research & data analysis firm, strategy consulting, top tier accounting or International Health bodies. Impressive and relevant career development and academic background
• Statistical and data analysis, sound business insight, expertise in Epidemiology and Health System components (financing, capacity planning, quality) is a strong advantage
CAREER TRACK
Various progression options are available to Analytical Experts:
• Further development along the "Analytical Career Track" towards the position “Senior Analytical Expert". This position represent the most senior Analytics positions within McKinsey & Company and will provide substantial co-leadership opportunities in building distinctive proprietary heath system performance knowledge such as leading international benchmarking surveys, playing a leadership role in priority knowledge projects and shaping external communications in the area of health systems reform
• Switching to a management position: Analytical Experts may apply for open internal practice Manager positions. As a Manager, individuals carry multiple operational responsibilities such as co-ordinating knowledge building within the practice, HR activities, performance controlling and reporting, as well as leading a group or network of analytics professionals
• Switching to McKinsey's consulting tracks: Analytical Specialists and Experts may apply for a track change towards consulting. For such candidates, the Firm provides 2 options: First, the generalist associate track, and second, the expert track. Both tracks are "up-or-out" and "electable", i.e., they provide the opportunity to get elected as a partner of the Firm. In both consulting tracks, individuals must spend at least 70% of their work on serving clients directly
• There may be additional opportunities to transition to related roles within the McKinsey Health Systems Institute
COMPENSATION/RELOCATION
We offer a competitive starting salary, and experts qualify for a discretionary performance-based bonus, which last year ranged up to 20% of base salary. There is also an attractive benefits package including a contribution to pension fund equal to 12% of base salary plus bonus. We will also offer relocation for this position.
LOCATION
Waltham, Massachusetts (20 minutes west of Boston)