Health Economist

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: S$4,500 per month, depending on your previous experience Benefits: Hybrid working options, generous holiday allowance, flexible working hours, private medical insurance, comprehensive travel insurance, full funding for external training and more Role Type: Full-time, permanent Start Date: We are currently recruiting for start dates for July or August 2024 Location: Our new recruits will be based in our Singapore office

About the Role

Heath 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 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 analyse model results, producing technically accurate written reports of methodologies and outcomes

The Health Economist will be based in our Singapore office, and will work closely with our Asia-Pacific team, as well as collaborating with experts in our UK team. This may provide opportunities to travel to our UK offices for training and mentoring with our experienced team.

A Day in the Life of a Health Economist

To learn more about a typical day for a Health Economist at Costello Medical, please click here:

Career Profile

To learn more about the tailored career progression we offer at Costello Medical, please click below to read about Vittoria's progression to the position of Consultant Health Economist, after joining the company as a Health Economist in 2019:

Requirements

About You

This role is well-suited to individuals with excellent communication skills who enjoy using mathematics and statistics to problem-solve and answer real world questions relating to the economic impact of decisions in healthcare. Applicants should have a genuine interest in the healthcare industry and a strong desire to contribute in this setting.

Our Singapore team of Health Economists is small but growing. We are therefore looking for someone who is motivated at the prospect of shaping and evolving this team.

Essential requirements for the role are:

An undergraduate degree level qualification in a relevant discipline (minimum CAP 4/5 or equivalent). Relevant disciplines are those that demonstrate a high level of technical and mathematical ability, such as mathematics, economics, physics, statistics 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 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 ( postgraduate) training in statistics or modelling (minimum CAP 4/5 or equivalent) Familiarity with other software (such as R, C++, STATA) Experience of having applied economic and mathematical modelling techniques in an industry setting

Benefits

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. Our lasting client partnerships create a direct and measurable impact on the successful launch of novel therapies and devices across a wide range of disease areas. Our vision is to be a community of the very best people, constantly challenging ourselves to make meaningful and outstanding contributions to improving healthcare.

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 five 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. We underwent a rigorous assessment that covered the whole of our business including employee benefits, charitable giving and sustainability. We believe this certification is external validation of our mission to be a force for good.

The Recruitment Process

Our recruitment process includes a telephone interview with a member of the Talent Acquisition team. Following this, you will be sent a technical and proofreading assessment which requires you to use Excel. If successful, you will be invited to an interview which will include a short presentation you can prepare for in advance. Our standard recruitment process lasts around 6 weeks however, this is adapted if necessary.

As an equal opportunity employer, we are committed to fostering a diverse and inclusive workforce and, throughout the recruitment process, there are a number of reasonable adjustments we can provide. Please click here to read more about this and contact the People Team via should you require reasonable adjustments at any stage.

We are currently recruiting for start dates including July and August 2024. You will be asked to state your availability on your application form. Whilst there are no set application deadlines, we strongly recommend applying as early as possible so that we can begin processing your application. The role will close when suitable candidates are found.

Please note that this role is available in our Singapore office. You can learn more about our office locations here:

What We Offer

A starting salary of S$4,500 depending on your previous experience 18 days’ annual leave plus public holidays Private medical insurance Flexible benefits scheme offering additional holiday, cash payments and wellbeing benefits Paid study leave and funding for external qualifications Comprehensive travel insurance Flexible working hours Regular company-funded social activities

Please click here to learn about our reward package and the other benefits of working for Costello Medical:

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