Consultant Health Economist

Consultant Health Economist

London Full-Time 61000 - 68500 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead health economic projects, manage client communications, and drive business development.
  • Company: Costello Medical, a leader in health economics consulting.
  • Benefits: Competitive salary, hybrid working, generous leave, and professional development support.
  • Why this job: Make a real impact in healthcare while developing your skills in a dynamic environment.
  • Qualifications: 6+ years in health economics, strong communication, and advanced modelling skills required.
  • Other info: Join a diverse team with excellent career growth opportunities and flexible working options.

The predicted salary is between 61000 - 68500 £ per year.

Base Pay Range: £61,500 to £68,500 per annum, depending on experience.

About the Role:

Consultant Health Economists at Costello Medical play a crucial role as project managers. You will provide strategic advice to clients from model conceptualisation through to building of the model and interpretation of the results. You will manage a range of projects simultaneously and have full responsibility for client communication on your projects, as well as lead budgeting plans and business development efforts.

Responsibilities:

  • Lead on the strategy and direction of health economic projects, with final sign off on all deliverables.
  • Lead communications with clients, providing strategic advice and driving business development.
  • Manage multiple health economics modelling projects simultaneously.
  • Lead budgeting plans and business development efforts.
  • Support recruitment, training, line managing Health Economists, reviewing their work, and providing constructive feedback.
  • Drive global growth for the Health Economics team by contributing to business development and building long‐term client relationships.
  • Identify and pitch to prospective clients, spotting opportunities to expand service offerings.

Qualifications / Requirements:

  • Minimum of 6 years industry experience in health economic modelling, ideally within a consulting environment, or alternatively, a pharmaceutical or medical device company.
  • Experience working directly with clients from project initiation to completion, providing recommendations on project content and approach.
  • Leading multiple projects simultaneously and adapting to changing deadlines, delegating tasks and managing others' time effectively.
  • Strong communication with clients, tailoring approach to build sustainable working relationships.
  • A degree in a relevant discipline (minimum 2.1 or equivalent), such as mathematics, economics, physics or computer science.
  • Advanced modelling skills in Excel and VBA; experience with other software (e.g., R, C++, STATA) desirable.
  • Skilled in relationship building, communicating appropriately with different audiences.
  • Excellent written and verbal communication, able to explain complex modelling techniques and results to non‐experts.
  • Exceptional accuracy and attention to detail.
  • Flexibility to respond to changing deadlines.
  • Ability to work independently and collaboratively, leading and motivating others to deliver high‐quality outcomes.

Employment Details:

  • Role Type: Full‐time, permanent role.
  • Start Dates: Recruitment for start dates throughout 2026, including January, February and March; please state your availability on the application form.
  • Location: London, Manchester and Bristol offices.
  • Application closing: role will close when a suitable candidate is found.

Benefits:

  • Discretionary profit share bonuses paid twice per year.
  • Hybrid and flexible working options: after probation you can work from home up to half your working time; during probation up to one day per week.
  • 25 days annual leave plus bank and public holidays; holiday buy and sell scheme.
  • Flexible benefits scheme offering cash payments, additional pension contributions and more.
  • Private medical insurance on a "medical history disregard" basis.
  • Paid study leave and funding for external qualifications.
  • Critical illness cover, income protection and life assurance.
  • Paid and unpaid sabbaticals based on length of service.

Application Process:

You are required to submit your CV and a cover letter via the online application form. In your cover letter explain why you would be suited to the role and why you want to join Costello Medical, with examples to support both. Your CV should clearly state the dates of all qualifications and grades achieved where applicable. The recruitment process includes an assessment completed at your convenience, followed by an interview with a short presentation. The successful candidate may be required to undergo security/background checks, and any offer is conditional on the results. The process typically takes around one month, but can be adapted if necessary.

We are committed to fostering a diverse and inclusive workforce and can accommodate reasonable adjustments. We can provide visa sponsorship for eligible candidates. Please provide details of your right to work in the UK within your application.

Equal Opportunity:

As an equal opportunity employer, Costello Medical is committed to fostering a diverse and inclusive workforce.

Consultant Health Economist employer: Costello Medical

Costello Medical is an exceptional employer that prioritises employee growth and well-being, offering a competitive salary range of £61,500 to £68,500 per annum along with discretionary profit share bonuses. With a flexible working culture, including hybrid options and generous annual leave, employees are empowered to balance their professional and personal lives while contributing to impactful health economic projects in vibrant locations like London, Manchester, and Bristol. The company also invests in its staff through paid study leave and funding for external qualifications, fostering a supportive environment for career advancement.
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Contact Detail:

Costello Medical Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Consultant Health Economist

Tip Number 1

Network like a pro! Reach out to your connections in the health economics field and let them know you're on the lookout for opportunities. You never know who might have a lead or be able to refer you directly to a hiring manager.

Tip Number 2

Prepare for those interviews! Research the company, understand their projects, and think about how your experience aligns with their needs. Practise answering common interview questions, especially around project management and client communication.

Tip Number 3

Showcase your skills! If you’ve got advanced modelling skills in Excel or experience with software like R or STATA, make sure to highlight these during interviews. Bring examples of your work to demonstrate your expertise.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team at Costello Medical.

We think you need these skills to ace Consultant Health Economist

Health Economic Modelling
Project Management
Client Communication
Budgeting Plans
Business Development
Team Leadership
Advanced Modelling Skills in Excel and VBA
Software Proficiency (R, C++, STATA)
Relationship Building
Written and Verbal Communication
Attention to Detail
Flexibility
Independent and Collaborative Work

Some tips for your application 🫡

Tailor Your Cover Letter: Make sure to customise your cover letter for the Consultant Health Economist role. Highlight your relevant experience in health economic modelling and how it aligns with the responsibilities outlined in the job description. We want to see why you're the perfect fit!

Showcase Your Skills: In your CV, clearly list your advanced modelling skills and any software you’re proficient in, like Excel or R. Don’t forget to mention your experience managing multiple projects and client communications, as these are key for us at Costello Medical.

Be Specific About Your Experience: When discussing your past roles, provide specific examples of projects you've led or contributed to. This helps us understand your approach to project management and client interaction, which is crucial for this position.

Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your CV and cover letter, and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Costello Medical

Know Your Stuff

Make sure you brush up on health economic modelling concepts and the specific methodologies relevant to the role. Be ready to discuss your past projects in detail, especially how you managed client communications and project deliverables.

Showcase Your Leadership Skills

Since this role involves managing multiple projects and leading a team, prepare examples that highlight your leadership experience. Think about times when you successfully delegated tasks or motivated your team to meet tight deadlines.

Tailor Your Communication Style

Practice explaining complex modelling techniques in simple terms. This will demonstrate your ability to communicate effectively with clients who may not have a technical background. Use examples from your previous roles to illustrate your adaptability in communication.

Prepare for the Presentation

As part of the interview process, you'll need to give a short presentation. Choose a relevant topic that showcases your expertise in health economics. Make it engaging and ensure you can answer questions confidently afterwards.

Consultant Health Economist
Costello Medical
Location: London

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