Health Economist

What Our Health Economists Do

Health Economists are responsible for developing models within Excel, C++ and R, as well as researching the model inputs and communicating the results in both written and oral format to manufacturers, doctors and specialists. You will be working primarily on Markov models, which can involve fitting distributions and parametric survival curves to clinical data and therefore requires a good knowledge of statistics. These models are used to demonstrate the impact of the introduction of new interventions to real-world clinical settings and have a direct impact on the success of new drugs in achieving reimbursement on the NHS and elsewhere.

Please click here to learn about current Senior Health Economist, Wrik Ghosh’s, experiences since joining the company.

Health Economists work collaboratively with experienced colleagues and quickly learn about the successful delivery of health economic modelling projects, including effective project management and client communication. You will be joining a small team and therefore will get the opportunity to interact directly with clients extremely quickly. Internal and external training in health economics will be provided depending on your needs. This may involve the opportunity, with full funding and study leave, to complete York University’s respected postgraduate programmes in Health Economics for Healthcare Professionals (

To read about a typical day in the life of a Health Economist please click here.

What We Offer

The starting salary for the role is £25,000 – £30,000. Please click here to learn about our reward package and the other benefits of working for Costello Medical.

What Background Should You Have?

  • A degree level or higher qualification in a relevant discipline (minimum 2.1). Relevant disciplines are those with a considerable technical/mathematical component, such as mathematics, economics, physics or computer science. A postgraduate degree where modelling or statistics was the principle discipline would be desirable, although not obligatory
  • Advanced skills in Excel and a good understanding of statistics
  • A high level of technical and mathematical ability
  • Excellent written and oral communication skills and the ability to explain complex modelling techniques and results to non-experts
  • A high degree of accuracy and attention to detail
  • Flexibility to respond to changing deadlines

How to Apply

Please submit your CV and cover letter via our online application form. In your cover letter you should 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 your undergraduate degree class and grade of pass in any subsequent degree(s), along with your visa status and eligibility to work in the UK (we regret that we are currently unable to sponsor non-EEA nationals).

If you wish to speak directly with one of our Health Economists before applying please contact Emma King at