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Consultant Health Economist

Costello Medical
Please note that this role is available in our London, Manchester and Bristol offices
£65,000 per annum. We may be able offer a higher salary for those with significant experience
Start date
20 May 2024
Closing date
19 Jun 2024

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Healthcare, Consultant, HEOR, Health Economics
Full Time
Contract Type
Experience Level
Senior Management

Job Details

About the Role

As a Consultant Health Economist, you will play a key role within project teams working as a Project Manager to lead strategy and ensure work is delivered to an exceptionally high quality and in line with client expectations. This includes providing strategic advice to clients from model conceptualisation through to building of the model and interpretation of the results. Consultant Health Economists are central to the quality control of the project as well as the successful mentoring and career development of the colleagues with whom they work. Technical review of work and training of Health Economists through the provision of constructive feedback are important parts of the role. In addition to this and helping define our project approach, the ideal candidate will also be expected to identify emerging trends in the field of health economics and, where appropriate, acts on these to grow and enhance our offering to clients.

As a Consultant Health Economist, you would manage a range of projects and have full responsibility for client communication on your projects, as well as leading budgeting plans and business development efforts. In addition to technical project delivery, you would line manage team members and have internal responsibilities spanning areas such as recruitment and training.

Our Health Economics team deliver modelling projects to a broad range of pharmaceutical, medical devices companies and public sector and non-profit clients. You will be expected to work across different accounts spanning multiple disease areas and therefore should be able to familiarise yourself with new areas quickly.

You will also play a key role in driving and creating business development opportunities across the global company. This can be through developing and maintaining long-term, excellent client relationships, identifying opportunities to provide additional services to clients within projects and through identifying wider opportunities for future projects. There will also be opportunities to line manage and mentor our Health Economists. Therefore, the successful candidate will act as a role model for colleagues, exemplifying the skills and approaches expected of all colleagues.

Career Profile

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

Requirements About You

We are looking for individuals who are collaborative, self-motivated and enthusiastic, with an excellent and demonstrable background in the HEOR sector. You will take pride in producing exceptionally high-quality work and will relish the opportunity to build successful client relationships. You will identify and capitalise on opportunities to go above and beyond for clients and exceed their expectations wherever possible. You will be someone who has a genuine desire to play an active role in the development of our growing team. You will enjoy using your experience to train and mentor others and will be skilled at delivering effective feedback to support your colleague’s professional development.

You will thrive in a fast-paced environment, be highly organised and able to manage timelines across multiple projects. You will be willing to step up and support your project team as needed.

This role is suited to those who have professional experience, of typically no less than 4 years, in applying economic and mathematical modelling techniques within an industry setting, ideally within a pharmaceutical, medical devices or consulting company. Specifically, we are looking for candidates with experience:

  • Working directly with clients from project initiation to completion, to provide recommendations on project content and approach
  • Leading a project team, including delegating tasks and managing the time of others coupled with the ability to manage timelines across multiple projects at once and the flexibility to respond to changing deadlines
  • Communicating directly with clients including responding to different communication styles, as well as a proven ability to build robust and sustainable client relationships

In addition, essential requirements for the role are:

  • A degree level or higher qualification in a relevant discipline (minimum 2.1). Relevant disciplines are those that demonstrate a high level of technical and mathematical ability, such as mathematics, economics, physics or computer science. Formal degree-level or higher (i.e. postgraduate) training in statistics or modelling is desirable, though not required
  • Excellent written and oral communication skills and the ability to explain complex modelling techniques and results to non-experts
  • Advanced skills in Excel and VBA
  • Financial literacy and an aptitude for decision making based on financial and other information
  • An exceptionally high degree of accuracy and attention to detail
  • Flexibility to respond to changing deadlines
  • The ability to use your initiative and work independently, in addition to working collaboratively within project teams
  • Ability to lead and motivate project teams, including the capacity to maintain a positive and considered    approach
  • Skilled in relationship building displayed both internally and externally, to communicate appropriately and adapt your style to different audiences and situations
  • Prior experience of having mentored others in any setting

Desirable requirements for the role:

  • Experience with other software (such as R, C++, STATA) alongside a willingness to learn new technical and programming skills is important for the role

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 successful pharmaceutical and medical technology companies, patient and public health bodies and charitable organisations. 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 The Top 100 Companies to Work For list for six consecutive years.

On 27th May 2022 Costello Medical received its certification as a B Corporation. 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.

The Recruitment Process

Our recruitment process includes a telephone interview with a member of the Talent Acquisition team followed by a technical and proofreading assessment for you to complete in your own time, which requires you to use Excel. 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 click here to read more about this and contact the People Team via should you require reasonable adjustments at any stage.

The role will ideally commence in June or July 2024, however we have start dates available every month of the year. 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 will close when a suitable candidate is found.

Please note that this role is available in our London, Manchester and Bristol offices. You can learn more about our office locations here:

Benefits What We Offer

  • A starting salary of £65,000 per annum. We may be able offer a higher starting salary for those with significant experience
  • A discretionary profit share bonus paid twice per year
  • 25 days’ annual leave plus bank and public holidays
  • The chance to work from home for up to half of your working time
  • Flexible benefits scheme offering additional holiday, cash payments and pension contributions
  • 4% employer pension contributions
  • Private Medical Insurance which offers comprehensive cover on a “medical history disregard” basis
  • Paid study leave and funding for external qualifications
  • Cycle to Work scheme and an interest-free travel loan scheme
  • Critical Illness Cover, Income Protection and Life Assurance
  • Access to an Employee Assistance Programme
  • Discounted gym memberships
  • Comprehensive travel insurance
  • Flexible 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:

How to Apply

You are required to submit your CV 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, with examples to support both. 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 CV 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 can provide visa sponsorship for eligible candidates for our Consultant Health Economist role. You will be asked to provide details of your right to work in the UK within your application, however this will have no impact on the processing of your application.


Costello Medical is a rapidly growing global healthcare agency specialising in medical communication 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 organisations. Our lasting client partnerships create a direct and measurable impact on the successful launch of novel therapies and devices across a wide range of disease areas. Our vision is to be a community of the very best people, constantly challenging ourselves to make meaningful and outstanding contributions to improving healthcare.

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 The Sunday Times Top 100 Best Small Companies to Work For list for three consecutive years.

Company info
50/60 Station Road

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