Senior Health Economist

Costello Medical • New York, NY

4d • $100,000 - $125,000 • Hybrid

About The Position

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.
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.

Requirements

• Professional experience of typically no less than 2 years in applying economic and mathematical modelling techniques within an industry setting, ideally within a pharmaceutical, medical devices or medical consulting company.
• Working on health economic projects, directly with clients, from project initiation to completion.
• Leading a project team, including delegating tasks and managing the time of others coupled with the ability to manage timelines across multiple projects at once and the flexibility to respond to changing deadlines.
• A proven ability to build robust and sustainable client relationships, which involves communicating directly with clients and responding to different communication styles.
• A degree level or higher qualification in a relevant discipline (minimum 3.3 GPA). Relevant disciplines are those that demonstrate a high level of technical and mathematical ability, such as mathematics, economics, physics or computer science.
• Excellent written and oral communication skills and the ability to explain complex modelling techniques and results to non-experts.
• Advanced skills in Excel and VBA.
• 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.
• Flexibility to respond to changing deadlines.
• Must have the right to work in the US independently from the company.

Nice To Haves

• Formal degree-level or higher (i.e. postgraduate) training in statistics or health economic modelling.
• Prior experience of having mentored others in any setting.
• Experience with other software (such as R, C++, STATA).
• A willingness to learn new technical and programming skills.

Responsibilities

• Developing economic models to inform decisions on the efficient allocation of resources available to healthcare providers.
• Communicating economic insights to a variety of stakeholders.
• Providing strategic advice to clients from model conceptualization through to building of the model and interpretation of the results.
• Ensuring work is delivered to an exceptionally high quality and in line with client expectations.
• Providing quality control for projects.
• Training Health Economists through the provision of constructive feedback.
• Helping to define project approaches.
• Delivering technical work themselves and progressing their own technical modelling skills.
• Working across different accounts spanning multiple disease areas and familiarizing yourself with new areas quickly.
• Contributing to business development by developing and maintaining excellent client relationships.
• Identifying opportunities to provide additional services to clients within projects.
• Line managing and mentoring Health Economist Interns (potential opportunity).
• Managing a range of projects and having full responsibility for client communication (as a Consultant Health Economist).
• Leading budgeting plans and business development efforts (as a Consultant Health Economist).
• Line managing team members and having internal responsibilities spanning areas such as recruitment and training (as a Consultant Health Economist).

Benefits

• Discretionary profit share bonuses paid twice per year
• Hybrid and flexible working options
• Generous vacation allowance (23 days increasing by 1 day each year to a maximum of 27 days, plus 6 public holidays and 1 floating vacation day)
• Private medical and dental insurance
• 401K plan with up to a 5% employer contribution
• Life insurance
• Full funding and study leave for external training
• Paid and unpaid sabbaticals based on length of service

What This Job Offers

• Job Type: Full-time
• Career Level: Senior