Health Economist Apply
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: $73,000 to $76,000 per annum depending on previous experience
- Benefits: Hybrid working options that allow you to work from home up to 50% of your time, generous holiday allowance, flexible working hours, private medical and dental insurance, 401K plan, life insurance, full funding for external training, comprehensive travel insurance and
- Role Type: Full-time, permanent
- Start Date: We are currently recruiting for start dates from August 2024 onwards and you will be asked to state your availability on your application form
- Location: This role is available in our 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 healthcare industry. Economic models within the realm of healthcare are quantitative assessments of the impact of healthcare treatments, practices and policies, either through cost-effectiveness analyses or separate cost and benefit considerations. These models are typically built in Microsoft Excel, R, or C++, employing universal mathematical and statistical modelling techniques. Model development can frequently involve fitting statistical distributions and parametric survival curves to clinical data and therefore requires a good knowledge of statistics. In this role, you will typically be working on multiple projects at any one time, starting at around 3 to 4 when joining.
The models developed by our 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
- Liaise with external medical professionals
- Work collaboratively and build relationships with colleagues across healthcare disciplines
- Understand the theoretical health economic framework and apply this to the project at hand
- Build high-quality, technically robust and clinically valid models in Microsoft Excel or other software
- Interpret and analyze model results, producing technically accurate written reports of methodologies and outcomes
Hybrid Working Policy: We recognize that home-working can improve work life balance, reduce commuting times and costs, and provide the opportunity to juggle personal commitments. At the same time, we believe that having face-to-face time in the office holds many benefits and is central to ensuring that the community we have created, where people have a workplace they belong to and feel part of, is never lost. Therefore, we offer flexible working arrangements that allow our colleagues to work from home for up to half of the time, measured across a 2-week rolling period.
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: Demonstrating integrity, a proactive approach to your work, and a keen interest in developing your skills
Desired requirements for the role are:
- Formal degree-level or higher (i.e. postgraduate) training in statistics or modelling (minimum GPA 3.3 or equivalent)
- Familiarity with other software (such as R, C++, STATA)
- Experience of having applied economic and mathematical modelling techniques in an industry setting
Benefits
About Costello Medical
Costello Medical is a rapidly growing global healthcare agency specializing 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 organizations. Our mission is to be a community of the very best people, building trusted partnerships across the healthcare sector by delivering an exceptional service. Our vision is to be a leading global partner consistently striving for meaningful and outstanding contributions that improve people’s health and lives.
We are committed to our company values which are central to creating our fun, friendly and innovative workplace in which we strive to deliver the highest standards of quality. As a result, we have been listed in list for five consecutive years.
On 27th May 2022 Costello Medical received its certification as a . We are really proud of this achievement as it demonstrates that Costello Medical is meeting the highest standards of verified social and environmental performance. We underwent a rigorous assessment that covered the whole of our business including employee benefits, charitable giving and sustainability. We believe this certification is external validation of our mission to be a force for good.
What We Offer
- A starting salary of $73,000 per annum. This increases to $76,000 for successful candidates who hold a master’s or PhD qualification
- Private medical insurance with a company contribution
- Dental and vision cover
- 23 days’ vacation leave increasing by 1 day to a maximum of 27 days. 6 public holidays plus 1 floating holiday
- The chance to work from home for up to half of your working time
- Retirement savings via a 401k plan
- Paid funding for external education and study leave
- Life insurance
- Comprehensive travel insurance
- Flexible and reasonable working hours
- Regular company-funded social activities
Please click here to learn about our reward package and the other benefits of working for Costello Medical: to read more about this and contact the People Team via if you have any questions about the role or application process.
Visa Sponsorship
We welcome applications from international candidates, but we are unfortunately unable to provide visa sponsorship for working visas. Therefore, you must have the right to work in the US independently from the company. However, we are able to consider those on a temporary visa, such as an OPT visa.
