Development Impact Executive

Team: Operations

Location: London, UK

Employment Type: Permanent

Salary: Competitive

Closing Date: 30 August 2019

Development Impact Executive

 

Background to MedAccess

MedAccess is the first of its kind: a UK-based social finance company with the pioneering mission to make global healthcare markets work for everyone.

MedAccess offers volume guarantees that reduce commercial risk for manufacturers in developing-world markets and thereby enable them to lower their pricing and invest more aggressively in rolling out important new products. In this way, vaccines, medicines, diagnostic tests and medical devices can reach patients far sooner than existing market forces would allow.

MedAccess is the world’s first sustainable financing vehicle built to deliver volume guarantees with speed, scale and professionalism. MedAccess was founded with initial capital of $200 million and a mandate to deliver vastly improved health outcomes for patients in the poorest corners of the globe while preserving and reusing capital to maximise impact. Fuelled by not-for-profit capital rather than aid, we are uniquely able to apply business and investment methods to achieve humanitarian objectives.

At MedAccess we believe that patients in the poorest corners of the globe deserve health outcomes no worse than patients in the wealthiest countries. To achieve this vision, markets must serve all patients equitably, offering rapid and sustainable access to the best possible technologies. Yet in today’s world, real and perceived risks in bringing critical new healthcare technologies to places like Africa and South Asia consistently produce chicken-and-egg dynamics that hinder access to critical products.

MedAccess is a not-for-profit UK company governed by an independent board. MedAccess’ parent company, CDC Group, is the world’s oldest development finance institution (DFI), with 70 years of experience investing in businesses in Africa and Asia. It is wholly owned by the UK Government’s Department for International Development (DFID) and plays a key role in DFID’s private sector strategy to alleviate poverty.

For further information on MedAccess, please see our website: www.medaccess.org

 

The Role

The Development Impact Executive is an exciting role with a recently formed social finance company.  As MedAccess grows rapidly in the coming years, the Development Impact Executive will ensure the organization has development impact in line with its strategic objectives and values. 

The role involves significant responsibility, encompassing the ability to influence the impact of MedAccess’s various transactions as well as how MedAccess measures and presents the development impact that it has. The role will require a versatile candidate with a broad professional skill base and good judgement.  The purpose of role is to help MedAccess measure and monitor its impact both at the transactional and portfolio level.

 

Key Responsibilities:

Provide intellectual leadership in shaping MedAccess’ approach to assessing the socio-economic impacts of its work

  • Evaluate clinical evidence and cost-effectiveness evidence relating to medical products
  • Lead periodic review and revisions of the MedAccess Development Impact Framework
  • Source and manage consultants as related to Development Impact projects
  • Support use of Development Impact pipeline screening tool, as needed
  • Prepare Development Impact reports for senior management team and MedAccess’s Board
  • Contribute to MedAccess’s annual report
  • Develop simple, visual descriptions showing a comparison of a counterfactual against MedAccess intervention
  • Work as part of a transaction deal team and help apply Development Impact Framework to transactions
  • Conduct due diligence, or provide guidance to deal team performing due diligence, on development impact aspects of deals
  • Prepare development impact forecasts as needed
  • Write development impact components of investment memos
  • Monitor development impact metrics for all executed deals
  • Develop development impact portfolio monitoring approach and model
  • Commission occasional independent evaluations
  • Represent MedAccess with partners and at international conferences as appropriate

 

Candidate Skill and Background

  • Masters in Public Health or Masters in Economics or similar
  • Experience having run, set-up or analysed controlled trials or experimental or quasi-experimental trials
  • Experience developing epidemiological or Bayesian models
  • Experience as a health economist building cost saving or value for money models
  • At least 3 – 5 years’ experience working in global health
  • Experience in evaluating evidence and using meta-analyses
  • Expert in excel modelling and other modelling programs such as SQL 
  • Strong written and visual communication skills for presenting MedAccess’s impact using graphics, icons, or other pictorial tools
  • Ability to translate complicated concepts into short, easily understandable ideas
  • A track record of providing impact analysis to senior leadership teams in financial services, healthcare or other relevant sectors and motivated working within high performance environments and working with all levels of staff to support the delivery of business change and transformation.

 

Please provide a cover letter with your application

Role opened: 01/08/2019

Role closes: 30/08/2019

Salary: Competitive

Apply now