Health Economist

Costello Medical•Boston, MA

2d•$73,000 - $76,000•Hybrid

About The Position

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 healthcare industry. Economic models within the realm of healthcare are quantitative assessments of the impact of healthcare treatments, practices and policies, either through cost-effectiveness analyses or separate cost and benefit considerations. These models 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 when joining. 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 Liaise with external medical professionals Work collaboratively and build relationships with colleagues across healthcare disciplines Understand the theoretical health economic framework and apply this to the project at hand Build high-quality, technically robust and clinically valid models in Microsoft Excel or other software Interpret and analyze model results, producing technically accurate written reports of methodologies and outcomes

Requirements

A degree level or higher qualification in a relevant discipline (minimum GPA 3.3 or equivalent). Relevant disciplines are those that demonstrate a high level of technical and mathematical ability, such as mathematics, economics, physics or computer science
High school mathematics (minimum B grade or equivalent). AP/IB mathematic courses (minimum B grade or equivalent) are preferential but not required
Advanced skills in Excel and knowledge of VBA. A willingness to learn new technical and programming skills is 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
Strong organizational skills, the ability to plan your own work effectively and demonstrate flexibility to respond to changing deadlines
Demonstrating integrity, a proactive approach to your work, and a keen interest in developing your skills

Nice To Haves

Formal degree-level or higher (i.e. postgraduate) training in statistics or modelling (minimum GPA 3.3 or equivalent)
Familiarity with other software (such as R, C++, STATA)
Experience of having applied economic and mathematical modelling techniques in an industry setting

Responsibilities

Developing economic models to inform decisions on the efficient allocation of resources available to healthcare providers
Communicating these insights to a variety of stakeholders
Research and critically appraise medical and economic literature
Liaise with external medical professionals
Work collaboratively and build relationships with colleagues across healthcare disciplines
Understand the theoretical health economic framework and apply this to the project at hand
Build high-quality, technically robust and clinically valid models in Microsoft Excel or other software
Interpret and analyze model results, producing technically accurate written reports of methodologies and outcomes