Health Markets Associate

London, United Kingdom

Job Description


Background to MedAccess

\xe2\x80\x8bWe live in a golden age of medical science. But over two billion people can\xe2\x80\x99t access the medicines they need, causing preventable illness, disease and death.

\xe2\x80\x8bWe\xe2\x80\x99re here to change that.

\xe2\x80\x8bMedAccess is a social enterprise committed to improving health in more than 90 countries. Our mission is to cut illness and death by speeding up access to lifesaving vaccines, medicines, diagnostics and technologies for people in underserved communities.

\xe2\x80\x8bWe broker and finance agreements \xe2\x80\x93 which otherwise wouldn\xe2\x80\x99t be made \xe2\x80\x93 to bring medical innovations to more people, in more countries, as quickly as possible. In our first five years we have helped to accelerate access to products to tackle HIV, malaria, tuberculosis, syphilis and COVID-19.

\xe2\x80\x8bWe bring financial rigour and commercial acumen to address some of the most pressing global health needs. Using $200 million capital from British International Investment, our team of global health and investment experts shape agreements that lower prices and secure supply of medical products.

\xe2\x80\x8bWe are doers with big dreams, busy trying to change the world. Our team is purpose-driven, inspiring, and innovative. We start from where partners are and work together to get where we need to be. But we\xe2\x80\x99re not afraid to go against the grain \xe2\x80\x94 in fact, we pride ourselves on our honest and original approach and unconventional thinking.

Our work is underpinned by our five core values:

\xe2\x96\xb8We are mission driven
\xe2\x80\x8b\xe2\x96\xb8We are humble
\xe2\x80\x8b\xe2\x96\xb8We are relentless about rigour
\xe2\x80\x8b\xe2\x96\xb8We build trust
\xe2\x80\x8b\xe2\x96\xb8We invest in people

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MedAccess is independent and not-for-profit, with any operating surpluses invested into developing new agreements to accelerate access to healthcare.

To find out more about our mission, our impact, our values and our innovative finance tools, please visit

The role

MedAccess is expanding its Health Markets Team as part of a long-term growth plan and is currently looking to hire a Health Markets Associate. The Associate will play a central role in developing and executing deals that will position MedAccess for significant long-term impact in global health.

Working closely with the Health Markets and wider MedAccess team, the Associate will primarily focus on two key priorities in order to drive the ongoing success of MedAccess:

\xe2\x80\x8b\xe2\x96\xb8Deal Scoping: Support the deal development process for opportunities in MedAccess\xe2\x80\x99 pipeline, including working closely with the Vice President to evaluate deal ideas, structure and shape innovative finance partnerships, conduct rigorous analysis on potential markets, develop strategic relationships with key partners, and stay abreast of new health products, innovations, and trends. At the onset, this role will have a strong focus on deal development in the areas of nutrition. This will be expanded to include deal development in non-communicable diseases, reproductive and maternal health, child and adolescent health, and other disease areas as per the MedAccess pipeline.

\xe2\x96\xb8Deal Execution and Implementation: Support MedAccess deal teams throughout the investment process, including drafting key presentation materials, reports and memos, developing analytical tools to support deal propositions, conducting due diligence, and supporting monitoring of transactions.

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Key Responsibilities

Craft and shape deals

\xe2\x96\xb8Support the development of due diligence plans for specific investment opportunities

\xe2\x96\xb8Conduct demand forecasting and risk modelling in collaboration with MedAccess Health Markets and Investment Team colleagues

\xe2\x96\xb8Contribute to due diligence including research and analyses related to financial, commercial, legal, environmental, social, governance, business integrity and development impact of potential transactions

\xe2\x96\xb8Write large sections of Investment Committee memos

\xe2\x96\xb8Research and synthesize large quantities of information quickly to aid market intelligence efforts and advise deal teams on how market trends influence proposed transactions

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Contribute to MedAccess deal pipeline

\xe2\x96\xb8Conduct global health market research on MedAccess pipeline opportunities, including developing an understanding of market dynamics and tracking developments across various products and disease areas\xe2\x80\x8b

\xe2\x96\xb8Compile and present analyses, presentations, and memos that summarize global health trends, market developments, barriers to access, and international financing for global health procurement

\xe2\x96\xb8Support the Vice President, Health Markets in assessing how MedAccess\xe2\x80\x99 tools (volume guarantees, procurement guarantees, and loans) could be used to advance access to promising product, service delivery, and supply chain innovations

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Support stakeholder engagement

\xe2\x96\xb8Prepare for and join regular scoping calls and, where necessary, in-country scoping and diligence trips

\xe2\x96\xb8Support stakeholder outreach and manage select external relationships, including developing presentation materials for stakeholders to advance deals

\xe2\x96\xb8Build effective working relationships and exercise good judgement and co-operation with internal and external stakeholders

\xe2\x96\xb8Begin to develop a network of relevant contacts including international public health organisations, market shaping implementers, ministries of health, and relevant suppliers\xe2\x80\x8b

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Candidate profile

Background

\xe2\x96\xb8A minimum of three\xe2\x80\x8b years work experience in a demanding and fast-paced environment (preference for experience in the fields of international development, healthcare, global health, management consulting or impact investing)

\xe2\x96\xb8A proven track record leading the development of quantitative and qualitative analyses for decision-making and/or financial modelling\xe2\x80\x8b\xe2\x80\x8b

\xe2\x96\xb8Preference for experience working and living in low- and middle-income countries, including in Africa, Latin America, or South Asia

\xe2\x96\xb8Demonstrable alignment with MedAccess mandate, mission and values

\xe2\x96\xb8Previous experience or knowledge of the nutrition ecosystem including large-scale food fortification preferred

\xe2\x96\xb8Experience working independently and across cross-functional teams\xe2\x80\x8b

Competencies

\xe2\x96\xb8Articulate: Excellent written and verbal communication

\xe2\x96\xb8Collaborative: High emotional intelligence; ability to collaborate with team and partners, including giving and receiving honest feedback

\xe2\x96\xb8Impact-driven: Drive to achieve objectives, and ultimately, development impact

\xe2\x96\xb8Creative: Ability to adopt innovative approaches to problem solving

\xe2\x96\xb8Intellectually Curious: Personal desire to learn new things and explore new challenges including interest in innovative finance for development

\xe2\x96\xb8Self-starter: Independently motivated and comfortable with ambiguity

\xe2\x80\x8bTechnical skills

\xe2\x96\xb8Excellent analytical and excel modelling skills

\xe2\x96\xb8Outstanding written and verbal communication skills, particularly in memos and presentations

\xe2\x96\xb8Ability to research and synthesise large amounts of information quickly

\xe2\x96\xb8Strong problem-solving and logical structuring skills

\xe2\x96\xb8A knowledge of global health products and health markets, preferred

\xe2\x96\xb8Ability to adapt to fast-paced and changing environments\xe2\x80\x8b

Alignment with MedAccess Values and Behaviours

\xe2\x96\xb8Mission driven: Makes decisions based on the impact MedAccess can achieve; Goes further than expected; Keeps abreast of global health issues and social finance trends

\xe2\x96\xb8We are humble: Acknowledges lack of knowledge and welcomes input; Sees feedback as a gift and actively seek it; Seeks opportunities to champion the work of others; Flexible to work with priorities and preferences of others

\xe2\x96\xb8We are relentless about rigour: Uses high-quality evidence and data; Asks questions and challenge assumptions; Systematically reviews and refines work; Embraces scrutiny and transparency

\xe2\x96\xb8We build trust: Participates openly and is honest about vulnerabilities; keeps word and is accountable for actions; Acts to reduce bias and discrimination; Promotes respectful and inclusive environments

\xe2\x96\xb8We invest in people: Supports others in their quest for growth; Invests in the emotional wellbeing of others; Seeks out diverse views and voices; Builds and nurture positive relationships\xe2\x80\x8b

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MedAccess is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

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Please provide a cover letter with your application.

Please apply via our online portal:

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British International Investment

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Job Detail

  • Job Id
    JD3007571
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned