Overview

Costello Medical is seeking Health Economists to develop economic models to inform decisions on the efficient allocation of resources available to healthcare providers. Models are quantitative assessments of the impact of treatments, practices and policies, typically built in Microsoft Excel, R, or C++, employing universal mathematical and statistical modelling techniques. You will typically work on multiple projects at once, starting with around 3 to 4 projects when you join us.Responsibilities

Develop economic models to inform decisions on the efficient allocation of resources available to healthcare providers, and communicate insights to a variety of stakeholders.Build high-quality, technically robust and clinically valid models in Microsoft Excel or other software.Research and critically appraise medical and economic literature and apply the health economic framework to projects at hand.Liaise with external medical professionals and work collaboratively across healthcare disciplines.Interpret and analyse model results and produce technically accurate written reports of methodologies and outcomes.Manage multiple projects concurrently (typical load of 3–4 projects at a time).Qualifications

Essential requirements

A degree level or higher qualification in a relevant discipline (minimum 2.1). Relevant disciplines include mathematics, economics, physics or computer science.A-level in Mathematics (minimum B grade or equivalent).Advanced skills in Excel and knowledge of VBA; willingness to learn and improve technical and programming skills.Excellent written and oral communication skills and the ability to explain complex modelling techniques to non-experts.The ability to use your initiative and work independently, in addition to working collaboratively within project teams.A high degree of accuracy and attention to detail in both quantitative and qualitative settings.Strong organisational skills, the ability to plan your own work effectively and the flexibility to respond to changing deadlines.Integrity, a proactive approach to your work, and a keen interest in developing your skills.Desired requirements

Formal degree level or higher qualification (i.e. postgraduate) training in statistics or modelling (minimum 2.1).Familiarity with other software such as R, C++, STATA.Experience of having applied economic and mathematical modelling techniques in an industry setting.Role details

Role Type: Full-time, permanentLocation: Global Headquarters in Cambridge, with additional offices in London, Manchester and Bristol.Start Date: From September 2025 onwards; availability to be stated on your application form.Application Deadlines: No set deadlines; role may close when suitable candidates are found.Salary: £42,000 per annum (salary bands determined by educational attainment).Hybrid Working and Benefits

Hybrid and flexible working options; home-working up to half of your time after probation, with probation allowing up to 1 day per week from home.Discretionary profit share bonuses paid twice per year.25 days'' annual leave plus bank and public holidays, plus a holiday buy and sell scheme.Flexible benefits scheme with cash payments, additional pension contributions and more.Private Medical Insurance with comprehensive cover.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.Costello Medical and Joining from Academia

Costello Medical is a rapidly growing global healthcare agency specialising in medical communications, market access and health economic and outcomes research. We work with pharmaceutical and medical technology companies, patient and public health bodies and charitable organisations. We value diverse backgrounds and provide training, mentorship and a collaborative culture to support career transitions from academia to industry.Application Process and Visa

You are required to submit your CV and a cover letter via our online application form. Your cover letter should explain why you would be suited to the role, with examples, and your CV should clearly state dates of qualifications and grades achieved where applicable.Our recruitment process includes a video interview, a technical and proofreading assessment (in Excel), and an interview with a short presentation. The process lasts about six weeks, though this may be adapted if necessary.As an equal opportunity employer, we are committed to fostering a diverse and inclusive workforce and can provide reasonable adjustments during recruitment. We also note that some data may be confidential and not suitable for AI use in application materials.Visa Sponsorship

Due to Skilled Worker visa regulations, visa sponsorship is available only to New Entrants as defined by the UK government (e.g., applicants under 26, currently studying in the UK, or recent graduates). Details are available on the UK government website.You will be asked to provide details of your right to work in the UK with your application to help assess eligibility for sponsorship.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 clients across the pharmaceutical and medical technology industries, patient and public health bodies and charitable organisations. We are committed to communicating who we are and our mission across costellomedical.com.

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