Health Economist

Costello Medical

Health Economist developing economic models for healthcare decision-making at Costello Medical. Collaborating with stakeholders and producing robust evaluations in a fast-paced consultancy environment.

Posted 7/20/2026full-timeCambridge • 🇬🇧 United KingdomMid-LevelSenior💰 £42,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates advanced skills in Excel and R for developing economic models and conducting evaluations in healthcare. Capable of producing accurate reports and communicating complex insights effectively to diverse stakeholders.

Highest-signal resume keywords

Advanced Excel SkillsR Programming ProficiencyEconomic Modelling ExperienceExcellent Communication SkillsStrong Organisational Skills

ATS Keywords

Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

Economic ModellingMathematical ModellingStatistical AnalysisVBA KnowledgeQuantitative Analysis

Soft Skills

Problem-Solving SkillsAttention to DetailInitiativeCollaborationAdaptability

Tools & Technologies

Microsoft ExcelRWeb-Based User Interfaces

Certifications & Qualifications

Degree in Mathematics, Economics, Physics, or Computer ScienceA-Level in Mathematics

Industry Keywords

Healthcare EconomicsStakeholder CommunicationConsultancy EnvironmentResearch and AppraisalProject Management

Tech Stack

Tools & technologies

PythonVBA

About the role

Key responsibilities & impact

Developing economic models to inform decisions on the efficient allocation of resources available to healthcare providers
Communicating insights to a variety of stakeholders in the medical sector
Producing an economic evaluation
Build high-quality, technically robust and clinically valid models in Microsoft Excel or R
Building and deploying web-based user-interfaces for models
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
Interpret and analyse model results, producing technically accurate written reports of methodologies and outcomes
Work on multiple projects simultaneously, balancing workload to ensure high-quality delivery

Requirements

What you’ll need

Advanced skills in Excel and knowledge of VBA
Strong technical capability in R. A willingness to learn and improve technical and programming skills is critical for the role. Python experience is desirable but not required
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
An A-level in Mathematics (minimum B grade or equivalent) or a Master’s degree in a quantitative discipline (graded Merit or above)
Experience in economic or mathematical modelling. This may be academic or industry experience and does not have to be specifically in healthcare but can be advantageous
Excellent written and oral communication skills and the ability to explain complex modelling techniques and results to those unfamiliar with the terminology
The ability to thrive in a fast‑paced consultancy environment, managing multiple projects simultaneously while learning quickly
Comfort working with uncertainty, including the ability to adapt to changing priorities, project scopes or data availability
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
Proficient problem‑solving skills, with the capacity to approach complex analytical challenges logically and creatively
Strong organisational skills and the ability to plan your own work effectively
Integrity, a proactive approach to your work, and a keen interest in developing your skills

Benefits

Comp & perks

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
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
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