Health Economist in London - Costello Medical

Job Overview

London, England
Job Type
Full Time
Date Posted
9 days ago

Additional Details

Job ID
Job Views

Job Description

Role SummaryResponsibilities: 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.Benefits: Hybrid working options, generous holiday allowance, flexible working hours, employer pension contributions, comprehensive travel insurance, critical illness cover, income protection, full funding for external training, interest-free travel loan scheme, discounted gym members, and more Role Type: Full-time, permanentStart Date: We are currently recruiting for start dates throughout 2022Location: Most of our new recruits will be based in our Global Headquarters in Cambridge, however we have a small number of opportunities available at our London officeAbout The RoleHeath 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, C++, or R, 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.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 literatureLiaise with external medical professionalsWork collaboratively with colleagues across healthcare disciplinesUnderstand the theoretical health economic framework and apply this to the project at handBuild high-quality, technically robust and clinically valid models in Microsoft Excel or other softwareInterpret and analyse model results, producing technically accurate written reports of methodologies and outcomesA Day in the Life of a Health EconomistTo learn more about a typical day for a Health Economist at Costello Medical, please click here: ProfileTo learn more about the tailored career progression we offer at Costello Medical, please click below to read about Naomi’s progression to the position of the Deputy Head of Health Economics and Statistics, after joining the company as a Health Economist Intern in 2018: YouRequirementsApplicants should have a genuine interest in the healthcare industry and a strong desire to contribute to this setting.Qualities and experience required include: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. Advanced skills in Excel and knowledge of VBA are required. A willingness to learn new technical and programming skills is important for the roleExcellent written and oral communication skills and the ability to explain complex modelling techniques and results to non-expertsThe ability to use your initiative and work independently, in addition to working collaboratively within project teamsA high degree of accuracy and attention to detailFlexibility to respond to changing deadlinesDesired requirements for the role are:Formal degree- level or higher (i.e postgraduate) training in statistics or modellingFamiliarity with other software (such as R, C++, STATA)Experience of having applied economic and mathematical modelling techniques in an industry settingAbout Costello MedicalBenefitsCostello 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. Our lasting client partnerships create a direct and measurable impact on the successful launch of novel therapies and devices across a wide range of disease areas. Our vision is to be a community of the very best people, constantly challenging ourselves to make meaningful and outstanding contributions to improving healthcare.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 The Top 100 Companies to Work For list for five consecutive years.The Recruitment ProcessOur recruitment process includes a telephone interview with a member of the Talent Acquisition team. Following this, you will also be sent an assessment. If successful, you will be invited to an interview which will be followed by a proofreading assessment directly afterwards. Our standard recruitment process lasts around 6 weeks however, this is adapted if necessary.We are currently recruiting for start dates throughout 2022, including July and September. Additional start dates may also be available and you will be asked to state your availability on your application form. Please note that this role is available in our Global Headquarters in Cambridge or our London office.We accept applications for our Health Economist internship role on a rolling basis and, therefore, there are no set application deadlines. However, we would encourage you to submit your application as soon as possible so that we can begin processing your application.What We OfferA starting salary of £33,000 per annum. Salary increases are typically awarded after 6 and 12 months and again on promotion, which can be achieved in as little as 6 to 12 months25 days’ annual leave plus bank and public holidaysThe chance to work from home for up to half of your working timeFlexible benefits scheme offering additional holiday, cash payments and pension contributions4% employer pension contributionsPrivate Medical Insurance which offers comprehensive cover on a “medical history disregard” basisPaid study leave and funding for external qualificationsCycle to Work scheme and an interest-free travel loan schemeCritical Illness Cover, Income Protection and Life AssuranceAccess to an Employee Assistance ProgrammeDiscounted gym membershipComprehensive travel insuranceFlexible working hoursRegular company-funded social activitiesPlease click here to learn about our reward package and the other benefits of working for Costello Medical: to ApplyYou are required to submit your CV and a cover letter via our online application form. In your cover letter you must explain why you think you would be suited to the role and why you would like to join Costello Medical. Your CV should clearly state dates of all qualifications and grades achieved where applicable. Please contact the Talent Acquisition team at if you have any questions about the role or application process.Visa SponsorshipWe can provide visa sponsorship for eligible candidates for our Health Economist role. You will be asked to provide details of your right to work in the UK within your application, however this will have no impact on the processing of your application.


Similar Jobs


This website uses cookies to ensure you get the best experience on our website. Cookie Policy