Health Care Service Corporation

Principal Divisional Strategy Consultant - Medical Economics

Health Care Service Corporation$92K — $167K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and 6 years in health care, health insurance, or strategic consulting; OR 5 years consulting experience in strategic planning, business development, and financial management; OR 8 years in strategic planning, market research, network management, or product development within healthcare.
  • Proven ability to lead strategy formulation and foster connections across teams.
  • Strong results-driven approach in a matrixed work environment.
  • Exceptional interpersonal skills for effective presentation and communication.
  • Experience in business analytics and data synthesis.
  • Familiarity with strategic planning techniques and related industry trends.
  • Ability to thrive in a fast-paced, rapidly changing organization and manage complex priorities.

Responsibilities

  • Define and drive the strategy for the Medical Economics function.
  • Surface insights to guide cross-functional stakeholders in medical cost initiatives.
  • Identify process improvements for efficient Value Improvement initiatives.
  • Create executive communications on trends and trend drivers.
  • Leverage medical cost and economics knowledge to inform decisions.
  • Collaborate across departments to achieve results in a matrixed setting.
  • Synthesize complex data to drive actionable strategies.

Benefits

  • Health and wellness benefits.
  • 401(k) savings plan.
  • Pension plan.
  • Paid time off and parental leave.
  • Disability and supplemental life insurance.
  • Employee assistance program.
  • Tuition reimbursement and paid holidays.
Full Job Description
Job Summary

This position helps define and drive the strategy for our Medical Economics function: Surfacing insights that inform cross-functional stakeholders as they design initiatives that help control medical cost; identifying process improvements that speed Value Improvement initiatives; and creating executive communications around trend and trend drivers. This role blends strategy, medical cost/economics knowledge, and synthesizing data in a way that drives action.

Required Job Qualifications:
* Bachelor's degree and 6 years experience in health care, health insurance, or strategic consulting environment OR Bachelor's degree and 5 years consulting experience involving strategic planning, business development and financial management operations, OR 8 years of experience strategic planning, market research, network management, or product development in health care industry.
* Experience leading and formulating strategy with the ability to build strong connections with people and teams.
* Drive results by working across departments in matrixed environment.
* Interpersonal skills, including presentation, written and verbal communication.
* Experience with business analytics and information synthesis.
* Knowledge of strategic planning techniques and industry trends
* Able to work within a very fast-paced, quickly evolving organization and manage multiple, complex priorities.
* Work directly with corporate leadership.
* Analytical, program management and problem solving skills.

Preferred Job Qualifications:
* Advanced degree such as Juris Doctor, MBA or MHA.
* Experience working with medical cost / trend data, or designing initiatives to help control medical trend - for a payer, provider, or elsewhere in the healthcare value chain.

This is a Flex (Hybrid) role: 3 day in office; 2 days work from home.
Sponsorship is not available.


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Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

Base Pay Range
$92,700.00 - $167,500.00

Exact compensation may vary based on skills, experience, and location.

About Health Care Service Corporation

Health Care Service Corporation (HCSC) is the largest customer-owned health insurer in the United States. HCSC offers a wide variety of health insurance products and related services, through its operating divisions and subsidiaries in Illinois, Montana, New Mexico, Oklahoma and Texas. HCSC's headquarters is located in Chicago, Illinois.
Learn more about Health Care Service Corporation
Size
24,000 employees
Industry
Founded
1936

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