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Consultant Health Economist

Organisation
Costello Medical
Locations

London, Manchester, Bristol

Application Deadline
Salary
£61,500 to £68,500

Role Summary

  • Responsibilities: You will lead on the strategy and direction of health economic projects, with final sign off on all deliverables. You will also lead communications with clients, providing strategic advice and driving business development
  • Salary: £61,500 to £68,500 per annum, depending on experience
  • Benefits: Discretionary profit share bonuses paid twice per year, hybrid and flexible working options, generous holiday allowance, private medical insurance, critical illness cover, income protection, full funding for external training, and
  • Role Type: Full-time, permanent role
  • Start Date: We are currently recruiting for start dates throughout 2026, including January, February and March, and you will be asked to state your availability on your application form
  • Application Deadlines: Whilst there are no set application deadlines, we strongly recommend applying as early as possible. The role will close when a suitable candidate is found
  • Location: This role is available in our , and offices

About the Role

Ready to lead impactful health economic projects and shape strategic client solutions?

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.

deliver modelling projects to a broad range of pharmaceutical and medical device companies, as well as public sector and non-profit clients. You will be expected to work across different accounts spanning multiple disease areas, and should therefore be able to familiarise yourself with new areas quickly. You will support with recruiting, training, and line managing Health Economists, reviewing their work, and providing constructive feedback.

You will also drive global growth for the Health Economics team by actively contributing to business development, building long-term client relationships, identifying and pitching to prospective clients, as well as spotting opportunities to expand our service offerings. By staying ahead of emerging trends in health economics, you will enhance the team’s capabilities and shape future projects.

Hybrid Working Policy: We believe that having face-to-face time in the office holds many benefits and is central to ensuring that the community we have created, where people have a workplace they belong to and feel part of, is never lost. At the same time, we recognise that homeworking can improve work life balance, reduce commuting times and costs, and provide the opportunity to juggle personal commitments.

Therefore, we offer flexible working arrangements that allow our colleagues who have passed probation to work from home up to half their time, measured across a 2-week rolling period. During your probationary period (normally the first 6 months of the role), you will be able to work from home 1 day per week.

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 most successful pharmaceutical and medical technology companies, patient and public health bodies, and charitable organisations. We have been listed in the since 2017 and were proud to receive accreditation in 2022. Learn more about us, our work, and our mission on our website:

Requirements

About You

We are looking for a collaborative, self-motivated individual with a strong background in Health Economics and Outcomes Research (HEOR). You will take pride in delivering exceptionally high-quality work, building successful client relationships, and consistently exceeding clients’ expectations.

You will thrive in a fast-paced environment, staying highly organised, and managing timelines across multiple projects while supporting the project team as needed.

You will have a genuine desire to contribute to the growth of our team and the development of our junior colleagues, leveraging your mentoring and feedback skills to help them succeed.

Essential requirements for the role:

A minimum of 6 years’ industry experience in health economic modelling, ideally within a consulting environment, or alternatively, a pharmaceutical or medical device company. This will have included:

  • 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 the time of others effectively
  • Communicating with clients and tailoring your approach to a variety of communication/working styles to build robust, 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 (such as R, C++, STATA) is desirable, alongside a willingness to learn new technical and programming skills
  • Skilled in relationship building displayed both internally and externally, to communicate appropriately and adapt your style to different audiences and situations
  • Excellent written and verbal communication, with the ability to explain complex modelling techniques and results to non-experts
  • An exceptionally high degree of accuracy and attention to detail
  • Flexibility to respond to changing deadlines
  • The ability to work both independently and in collaboration with others, leading and motivating them to deliver high-quality outcomes

Benefits

What We Offer

Alongside our award-winning company culture, where every team member is celebrated, respected, and has their voice heard, we are proud to offer a comprehensive benefits package that includes:

  • A starting salary of £61,500 to £68,500 per annum, as well as a discretionary profit share bonus paid twice per year. Please note that we have established salary bands to ensure a fair and consistent approach for all applicants, eliminating the need for individual negotiations
  • 25 days’ annual leave plus bank and public holidays, as well as a holiday buy and sell scheme
  • Flexible working hours and the chance to work from home for up to half of your working time after passing probation
  • Flexible benefits scheme offering cash payments, additional pension contributions and more
  • Private Medical Insurance which offers comprehensive cover 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

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