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 at least 6 years in health care, health insurance, or strategic consulting; OR 5 years in consulting with strategic planning and financial management; OR 8 years of relevant healthcare experience.
  • Demonstrated experience in leading and formulating strategy while building connections across teams.
  • Ability to achieve results in a matrixed organization.
  • Strong interpersonal skills, including presentation and communication abilities.
  • Proficiency in business analytics and data synthesis.
  • Familiarity with strategic planning techniques and healthcare industry trends.
  • Capacity to manage multiple complex priorities in a fast-paced environment.

Responsibilities

  • Define and drive strategy for the Medical Economics function.
  • Provide insights to cross-functional stakeholders to influence medical cost initiatives.
  • Identify and implement process improvements for Value Improvement initiatives.
  • Craft executive communications relating to trends and their drivers.
  • Synthesize data to drive actionable strategies across departments.
  • Collaborate directly with corporate leadership on strategic objectives.

Benefits

  • Health and wellness benefits.
  • 401(k) savings plan and pension plan.
  • Paid time off and paid parental leave.
  • Disability insurance and supplemental life insurance.
  • Employee assistance program.
  • Paid holidays and tuition reimbursement.
  • Robust total rewards package with various incentives.
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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