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Posted 1mo ago

Senior Health Economist

@ Costello Medical
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New York or Boston
$100k-$125k/yrHybridFull Time
Responsibilities:developing models, managing projects, communicating insights
Requirements Summary:Experience building health economic models in pharma/medical settings; strong Excel/VBA; client-facing; degree in math/economics/physics/CS; excellent communication; independent and collaborative.
Technical Tools Mentioned:Excel, VBA, R, STATA, C++
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Job Description

Role Summary

  • Responsibilities: You will be responsible for developing economic models to inform decisions on the efficient allocation of resources available to healthcare providers, and communicating these insights to a variety of stakeholders
  • Salary: A starting salary of $100,000 to $125,000 per annum, depending on previous experience (please note that we have established salary bands that are determined by your level of educational attainment to ensure a fair and consistent approach for all applicants, eliminating the need for individual negotiations)
  • Benefits: Discretionary profit share bonuses paid twice per year, hybrid and flexible working options, generous vacation allowance, private medical and dental insurance, 401K plan with up to a 5% employer contribution, life insurance, full funding and study leave for external training and more
  • Role Type: Full-time, permanent role
  • Start Date: We are currently recruiting for start dates throughout 2025 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, or particular start dates, may close when a suitable candidate is found
  • Location: This role is available in our Boston, MA and New York, NY offices

About the Role

Do you have experience of successfully conceptualizing, developing and communicating health economic models that demonstrate the value of new healthcare interventions? Do you enjoy building and maintaining client relationships? Are you looking to join a growing company offering excellent career prospects?

As a Senior Health Economist at Costello Medical, you will play a key role within project teams to ensure work is delivered to an exceptionally high quality and in line with client expectations. This includes providing strategic advice to clients from model conceptualization through to building of the model and interpretation of the results. Senior Health Economists are central to the quality control of the project as well as training Health Economists through the provision of constructive feedback. In addition to this and helping define our project approach, the ideal candidate will also be expected to deliver technical work themselves and progress their own technical modelling skills.

Our Health Economics team deliver modelling projects to a broad range of pharmaceutical, medical devices companies and public sector and non-profit clients. You will work across different accounts spanning multiple disease areas and therefore should be able to familiarize yourself with new areas quickly.

You will also play a key role in contributing to business development by developing and maintaining excellent client relationships and identifying opportunities to provide additional services to clients within projects. There may also be opportunities to line manage and mentor our Health Economist Interns.

Senior Health Economists are supported to progress to the Consultant Health Economist role, and this can typically be achieved in 1 to 2 years. As a Consultant Health Economist, you would manage a range of projects and have full responsibility for client communication on your projects, as well as leading budgeting plans and business development efforts. In addition to technical project delivery, you would line manage team members and have internal responsibilities spanning areas such as recruitment and training.

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 to work from home for up to half of the time, measured across a 2-week rolling period. Please note that as part of our wider flexible working policy, employees may work outside of Massachusetts for up to 4 weeks annually

Career Profile

We offer many opportunities for personal and professional development at Costello Medical. Please click below to read firsthand accounts from our colleagues about their time with the company: https://www.costellomedical.com/careers/working-at-costello-medical/

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 Top 100 Best Companies to Work For list since 2017, the Boston Globe’s Top Places to Work list in 2025, and were proud to receive B Corporation accreditation in 2022. Learn more about us, our work, and our mission on our website: https://www.costellomedical.com/