Job Information
Highmark Health Strategy Consultant - Analytics in Richmond, Virginia
Company :
Highmark Inc.
Job Description :
JOB SUMMARY
This is a hybrid role if living within a 50 mile radius of a Highmark office (PA, NY, WV, DE)
This position will help drive success of the strategic program relative to improving medical cost which is essential to the Organizations membership and margin goals. Provide analytical/strategic-thinking and leadership support that enables the program team to: 1) isolate business issues; 2) design and execute analytics for studying business issues (scenario planning, forecasting, market share, profitability, etc.); 3) develop and summarize technical content (competitive intelligence, market trend analysis); 4) Develop high-level summaries of emerging results outlining analytical details and potential areas of opportunity 5) support development of formal recommendations to senior levels of Highmark leadership; 6) create documents (go-to-market or operational strategies, etc.) that inform critical strategic issues and decisions. Goal of this position is to become a subject matter expert to key stakeholders on emerging results and operational strategy issues.
ESSENTIAL RESPONSIBILITIES
Work with business/ market owners to identify key business issues, apply right analytical framework, develop solution and recommendations, represent findings to stakeholders and own the outcome.
Manage major strategy projects with the help of internal or external strategy consulting resources.
Serve as subject matter expert to Strategic Operations staff and stakeholders on membership, growth and operational strategy issues.
Provide periodic informal work guidance/direction to junior team members; Provide performance input and recommendations to management for development/ training plans. May have supervisory responsibilities on a project basis.
Develop analytical frameworks, approach and methodology best practices to analyze strategy issues.
Other duties as assigned or requested.
EDUCATION
Required
Masters Degree in Business, Healthcare, Economics or related degree
2 years of post-grad experience with strategy / management consulting firms (such as McKinsey, Boston Consulting Group, Booz & Company, Accenture (strategy Practice) or Deloitte (Strategy practice) ) or internal strategy groups of healthcare companies (such as Aetna, United Health Group, WellPoint, GE, )
6 years of related experience in Business or Healthcare
Substitution
- Bachelor's degree and 3 years of relevant progressive strategic experience in lieu of Master's degree
Preferred
Experience in medical economics and/or healthcare analytics
Strong understanding of financial drivers of health plan
Extensive knowledge of Health Insurance and/or Provider operations.
Understanding of membership, rates, financial, economic and competitive data.
Experience in operational improvement
LICENSES or CERTIFICATIONS
Required
- None
Preferred
- None
SKILLS
Broad application of principles, theories, and concepts in strategic thinking, plus working knowledge of other related fields
Strong PC application Skills (MS Office including PowerPoint and Excel)
Knowledge of healthcare industry trends and challenges
Strong critical thinking skills
Good communication and presentation skills
Language (Other than English):
None
Travel Requirement:
0% - 25%
PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS
Position Type
Office-based
Teaches / trains others regularly
Occasionally
Travel regularly from the office to various work sites or from site-to-site
Never
Works primarily out-of-the office selling products/services (sales employees)
Never
Physical work site required
Yes
Lifting: up to 10 pounds
Constantly
Lifting: 10 to 25 pounds
Never
Lifting: 25 to 50 pounds
Never
Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.
Compliance Requirement : This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.
As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy.
Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.
Pay Range Minimum:
$92,300.00
Pay Range Maximum:
$170,800.00
Base pay is determined by a variety of factors including a candidate’s qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations. The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets.
Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability.
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For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org
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Req ID: J246777
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