Consultant Health Economist

Costello Medical; Greater London; Hybrid; GBP 61,500 - 68,500; Full time

Benefits offered by this job

Discretionary profit share bonuses

Hybrid and flexible working options

25 days annual leave plus holidays

Flexible benefits scheme

Private medical insurance

Job summary

A health consultancy in the UK is seeking a Consultant Health Economist to manage projects, provide strategic client advice, and lead a team. The ideal candidate has over 6 years of experience in health economic modelling and strong communication skills. This full-time role offers a competitive salary range of £61,500 to £68,500 based on experience, with hybrid working options and various employee benefits.

Qualifications

• Minimum of 6 years industry experience in health economic modelling.
• Experience working directly with clients from project initiation to completion.
• Strong communication with clients, tailoring approach to build sustainable relationships.

Responsibilities

• Lead on the strategy and direction of health economic projects.
• Manage multiple health economics modelling projects simultaneously.
• Support recruitment, training, and managing Health Economists.

Skills

Health economic modelling

Client communication

Project management

Relationship building

Advanced Excel and VBA skills

Education

Degree in mathematics, economics, physics or computer science (minimum 2.1)

Tools

Excel

VBA

R

C++

STATA

Job description

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. (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.