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Role Summary
Health Economists at Costello Medical develop economic models to inform decisions on the efficient allocation of resources available to healthcare providers and communicate these insights to a variety of stakeholders in the medical sector. These models are quantitative assessments of the impact of healthcare treatments, practices and policies, either through cost-effectiveness analyses or separate cost and benefit considerations. They are typically built in Microsoft Excel, R, or C++, employing universal mathematical and statistical modelling techniques. Model development can frequently involve fitting statistical distributions and parametric survival curves to clinical data and therefore requires a good knowledge of statistics.
In this role, you will typically be working on multiple projects at any one time, starting at around 3 to 4 projects at a time when you join us.
The models developed by our Health Economists have real-world implications, aiming to improve the efficiency of healthcare systems by using robust methodological frameworks to inform decision-making. Producing an economic evaluation therefore requires Health Economists to:
* Research and critically appraise medical and economic literature
* Understand the theoretical health economic framework and apply this to the project at hand
* Liaise with external medical professionals
* Work collaboratively and build relationships with colleagues across healthcare disciplines
* Build high-quality, technically robust and clinically valid models in Microsoft Excel or other software
* Interpret and analyse model results, producing technically accurate written reports of methodologies and outcomes
Requirements
About You
Alongside a genuine interest in the healthcare industry and a strong desire to contribute to projects in this setting, 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
* A-level in Mathematics (minimum B grade or equivalent)
* Advanced skills in Excel and knowledge of VBA. A willingness to learn and improve technical and programming skills is also important for the role
* Excellent written and oral communication skills and the ability to explain complex modelling techniques and results 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 for the role are:
* 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
Benefits
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. Our mission is to be a community of the very best people, building trusted partnerships across the healthcare sector by delivering an exceptional service.
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.
The Recruitment Process
Our recruitment process includes a video interview which can be conducted at your own convenience within the given time frame. If successful, you will be sent a technical and proofreading assessment which requires you to use Excel. If you receive a positive score on your assessments, you will then be invited to an interview which will include a short presentation you can prepare for in advance.
As an equal opportunity employer, we are committed to fostering a diverse and inclusive workforce.
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.
Please contact the Talent Acquisition team at recruitment@costellomedical.com if you have any questions about the role or application process.
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