Health Economist

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, generous vacation 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 analyse model results, producing technically accurate written reports of methodologies and outcomes
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:

Career Profile
We offer many opportunities for personal and professional development at Costello Medical. Please click below to read first-hand accounts from our colleagues about their time with the company:

Requirements
About You
Applicants should have a genuine interest in the healthcare industry and a strong desire to contribute to this setting.
Essential requirements for the role are:

A degree level or higher qualification in a relevant discipline (minimum GPA 3.3 or equivalent). Relevant disciplines are those that demonstrate a high level of technical and mathematical ability, such as mathematics, economics, physics or computer science
High school mathematics (minimum B grade or equivalent). AP/IB mathematic courses (minimum B grade or equivalent) are preferential but not required
Advanced skills in Excel and knowledge of VBA. A willingness to learn new technical and programming skills is important for the role
Excellent written and oral communication skills and the ability to explain complex modelling techniques and results to non-experts
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
Strong organisational skills, the ability to plan your own work effectively and demonstrate flexibility to respond to changing deadlines
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 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 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 vacation
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:

The Recruitment Process
Our recruitment process includes a telephone interview with a member of the Talent Acquisition team. Following this, you will also be sent a technical and proofreading assessment. If successful, you will be invited to an interview which will include a short presentation you can prepare for in advance. Our standard recruitment process lasts around 6 weeks, however, this can be adapted if necessary.
As an equal opportunity employer, we are committed to fostering a diverse and inclusive workforce and, throughout the recruitment process, there are a number of reasonable adjustments we can provide. Please to read more about this and contact the People Team via should you require reasonable adjustments at any stage.
We are currently recruiting for start dates from August 2024 onwards and you will be asked to state your availability on your application form. Whilst there are no set application deadlines, we strongly recommend applying as early as possible so that we can begin processing your application. The role may close when suitable candidates are found.
Please note that this role is available in our Boston office. You can learn more about our office locations here:

How to Apply
You are required to submit your resume 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. As written communication is a vital skill for this role, if your cover letter is suspected to have been generated by Artificial Intelligence (AI), your application is likely to be disqualified. Your resume should clearly state the 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 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.