At a Glance
- Tasks: Lead health economic projects and provide strategic advice to clients.
- Company: Costello Medical, a leader in health economics consulting.
- Benefits: Competitive salary, hybrid working, generous leave, and professional development support.
- Other info: Join a diverse team with excellent career growth opportunities.
- Why this job: Make a real impact in healthcare while managing exciting projects.
- Qualifications: 6+ years in health economics, strong communication, and advanced modelling skills required.
The predicted salary is between 61500 - 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.
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. (https://www. costellomedical. com/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.
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Consultant Health Economist employer: Costello Medical
Costello Medical is an exceptional employer located in the vibrant city of Cambridge, offering a dynamic work culture that fosters collaboration and innovation. Employees benefit from a competitive salary, comprehensive training programmes, and ample opportunities for professional development, making it an ideal place for those looking to make a meaningful impact in the IT sector.
StudySmarter Expert Advice🤫
We think this is how you could land Consultant Health Economist
✨Get Involved with Local Health Initiatives
Join local community health events or volunteer for organisations like public health agencies. This not only builds your experience but also helps you network with industry professionals who might know of openings at places like Costello Medical.
✨Tap into Professional Associations
Check out associations like the Institute of Healthcare Management. They often have job boards, networking events, and conferences that are perfect for connecting with potential employers in health sciences administration.
✨Stay Updated with Industry Trends
Follow health policy news and trends—being knowledgeable about the current landscape will not only help you in interviews but also make you stand out as a candidate. You can discuss recent developments and their implications when chatting with folks at Costello Medical.
✨Apply Through Our Website for Better Visibility
When you find roles that excite you, especially at places like Costello Medical, don’t forget to apply through our website. This can sometimes give you an edge by showing the employer you’re savvy and committed to finding the right fit.
We think you need these skills to ace Consultant Health Economist
Some tips for your application 🫡
Highlight Your Relevant Experience:When applying for a role in health sciences administration, it's super important to spotlight any relevant experience you have in healthcare settings. Whether you've worked in a hospital, a clinic, or any related environment, make sure to detail those roles in your CV – focusing on your responsibilities and achievements that align with the job at Costello Medical.
Showcase Your Administrative Skills:Administrative skills are key in this field, so don’t hold back! Make sure your CV reflects your proficiency in things like scheduling, data management, and compliance with health regulations. Mention specific software you’ve used, such as patient management systems, as this will demonstrate your hands-on abilities and readiness for the role at Costello Medical.
Craft a Meaningful Cover Letter:Your cover letter should reflect your passion for the health sciences field and your eagerness to contribute to Costello Medical. Share a bit about why you’re drawn to this sector, any impactful situations or challenges you’ve encountered, and how they’ve shaped your desire to work in health sciences administration. This personal touch can really set you apart!
Tailor Your Documents to the Job:Don't use a one-size-fits-all approach! Make sure your CV and cover letter are specifically tailored for this role. Highlight any certifications you have relevant to health administration, and ensure you clearly connect your previous roles to the skills needed for the full-time position at Costello Medical. This way, you're showing them you’ve done your homework and are genuinely interested in being a part of their team.
How to prepare for a job interview at Costello Medical
✨Showcase Your Administrative Skills
In health sciences administration, being organised is key. Make sure you can demonstrate your skills in managing schedules, paperwork, and data accurately. Be ready to discuss specific tools you've used, like electronic health record systems or scheduling software, and how they improved efficiency in your past experiences.
✨Know Your Regulations
Familiarity with healthcare regulations and compliance is crucial. Brush up on HIPAA, GDPR, or other relevant policies before your interview. We recommend preparing examples of how you've ensured compliance or handled sensitive information in past roles—this will show you're not just knowledgeable but also responsible.
✨Prepare for Scenario Questions
Interviews for administrative roles often involve scenario-based questions to assess your problem-solving skills. Practice responses to common situations you might face, such as dealing with a challenging patient or managing a sudden schedule change. This will not only demonstrate your ability to think on your feet but also highlight your interpersonal skills.
✨Align Your Goals with the Organisation
As a full-time candidate, employers will want to know how your long-term career goals align with their mission. Take some time to research Costello Medical’s values and be ready to tie your passion for health sciences administration into their objectives. Demonstrating enthusiasm and career alignment can be a game-changer in this competitive field!
