Health Economist position at Costello Medical.| United Kingdom

_{2026-03-04T16:54:30.423Z} bot

Costello Medical Health Economist

Experience: General

Pattern: Full-time

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OND

Cambridge....United Kingdom

Role Summary Responsibilities: You will be responsible for developing economic models to inform decisions on the efficient allocation of resources available to healthcare providers, and communicating these insights to a variety of stakeholders Salary : £42,000 per annum (please note that we have established salary bands that are determined by your level of educational attainment to ensure a fair and consistent approach for all applicants, eliminating the need for individual negotiations) Benefits : Discretionary profit share bonuses paid twice per year, hybrid and flexible working options, generous holiday allowance, private medical insurance, critical illness cover, income protection, full funding for external training and more Role Type : Full-time, permanent Start Date : We are currently recruiting for start dates from May 2026 onwards, and you will be asked to state your availability on your application form Application Deadlines : Whilst there are no set application deadlines, we strongly recommend applying as early as possible. The role, or particular start dates, may close when suitable candidates are found Location : Candidates will ideally be based in our Manchester and Bristol offices. However, the role is also available in our Global Headquarters in Cambridge and our London office About the Role Health Economists at Costello Medical develop economic models to inform decisions on the efficient allocation of resources available to healthcare providers and communicate these insights to a variety of stakeholders in the medical sector. These models are quantitative assessments of the impact of healthcare treatments, practices and policies, either through cost-effectiveness analyses or separate cost and benefit considerations. They are typically built in Microsoft Excel or R employing universal mathematical and statistical modelling techniques and are often used to support HTA submissions in various markets. Model development can frequently involve fitting statistical distributions and parametric survival curves to clinical data and therefore requires a good knowledge of statistics. The models developed by our Health Economists have real-world implications, aiming to improve the efficiency of healthcare systems by using robust methodological frameworks to inform decision-making. Producing an economic evaluation therefore requires Health Economists to: Research and critically appraise medical and economic literature Understand the theoretical health economic framework and apply this to the project at hand Liaise with external medical professionals Work collaboratively and build relationships with colleagues across healthcare disciplines Build high-quality, technically robust and clinically valid models in Microsoft Excel or R Interpret and analyse model results, producing technically accurate written reports of methodologies and outcomes In this role, you will typically be working on multiple projects at any one time, starting at around 3 to 4 projects at a time when you join. The consultancy environment is fast-paced and dynamic, and you will be expected to: Operate effectively as projects evolve rapidly, responding to changing client needs and deadlines Balance multiple projects simultaneously, prioritising workload to ensure high-quality delivery Use sound judgement alongside analytical thinking and problem solving skills to navigate uncertainty, including incomplete data, evolving project scopes and methodological ambiguity A Day in the Life of a Health Economist To learn more about a typical day for a Health Economist at Costello Medical, please click here: https://www.costellomedical.com/day-in-the-life/health-economist.html Career Profile To learn more about the personal and professional development opportunities at Costello Medical, explore first-hand career profiles from our colleagues about their experiences with the company: https://www.costellomedical.co.uk/careers/working-at-costello-medical/ About Costello Medical Costello Medical is a rapidly growing global healthcare agency specialising in medical communications, market access and health economic and outcomes research. We work with a wide range of clients, including the industry’s most successful pharmaceutical and medical technology companies, patient and public health bodies and charitable organisations. We have been listed on the Top 100 Best Companies to Work For list since 2017, as well as receiving B Corporation Accreditation in 2022. Please click here to learn more about us, our work and our mission: https://www.costellomedical.com/ About You Alongside a genuine interest in the healthcare industry and a strong desire to contribute to projects in this setting, essential requirements for the role are: A degree level or higher qualification in a relevant discipline (minimum 2.1). Relevant disciplines are those that demonstrate a high level of technical and mathematical ability, such as mathematics, economics, physics or computer science An A-level in Mathematics (minimum B grade or equivalent) or a Master’s degree in a quantitative discipline (graded Merit or above) Experience in economic or mathematical modelling. This may be academic or industry experience and does not have to be specifically in healthcare but can be advantageous Advanced skills in Excel and knowledge of VBA. Familiarity with R, or other coding languages such as Python, are beneficial. A willingness to learn and improve technical and programming skills is critical for the role Excellent written and oral communication skills and the ability to explain complex modelling techniques and results to those unfamiliar with the terminology The ability to thrive in a fast‑paced consultancy environment, managing multiple projects simultaneously while learning quickly Comfort working with uncertainty, including the ability to adapt to changing priorities, project scopes or data availability The ability to use your initiative and work independently, in addition to working collaboratively within project teams A high degree of accuracy and attention to detail in both quantitative and qualitative settings Proficient problem‑solving skills, with the capacity to approach complex analytical challenges logically and creatively Strong organisational skills and the ability to plan your own work effectively Integrity, a proactive approach to your work, and a keen interest in developing your skills Joining Costello Medical from Academia At Costello Medical, we warmly welcome applicants from academia who are looking to transitioning into a role within a commercial, industry-based setting. We understand the unique perspectives and valuable skills that academic professionals bring to our team. To support your career change, we offer comprehensive training, mentorship programs, and a work culture that fosters collaboration, growth and innovation. We are committed to facilitating a smooth transition and helping you thrive in an industry-based setting. Many of our team members have successfully made this transition, and they share how their expertise has been transformed into fulfilling, impactful careers with us. Learn more here: https://www.costellomedical.com/careers/working-at-costello-medical/joining-from-academia/

Health Economist job opportunity at Costello Medical.

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