Health Economist

Please note that we are not currently accepting applications for the Health Economist role. Please check back soon for more information on how to apply for a 2019 start date, or for other updates.

What Our Health Economists Do

Health Economists are responsible for the technical development of 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 on a range of model types, including the development of Markov models that 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. Model development can frequently involve fitting distributions and parametric survival curves to clinical data and therefore requires a good knowledge of statistics.

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

Health Economists work collaboratively with colleagues from across different divisions and will receive both internal and external training tailored to their needs, whether on technical aspects of the role or on effective project management and client communication. You will be joining a small and growing team and therefore will get the opportunity to interact directly with clients extremely quickly. You will be presented with opportunities for development and tailored progression dependent on your prior experience and performance. Costello Medical are currently interested in receiving applications both from individuals without prior experience and those who have previous experience of model-building within the industry or academia. Requirements for the role are outlined below.

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

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 in which modelling or statistics was the principle component would be desirable, although not obligatory
  • Advanced skills in Excel and a good understanding of statistics. Experience of having applied economic and mathematical modelling techniques in an industry setting would be highly desirable, although is not essential
  • 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

What We Offer

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

If you wish to speak with a current member of our team please contact Emma King at