Blue Cross Blue Shield of North Carolina

Principal Strategic Advisor, Healthcare

US-AnywhereRemote in North Carolina, US
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Healthcare Administration, Pharmacy, Finance, Economics, or related fields
  • 10+ years of relevant experience in healthcare, pharmacy strategy, consulting, or business development if no degree is held
  • Advanced degree (MBA, MHA, PharmD, MPH, or related field) preferred
  • 8+ years of experience in healthcare, pharmacy, consulting, strategy, product management, business development, or related field is favorable
  • Proven experience in cost-of-care savings initiatives and in developing new healthcare or pharmacy solutions.

Responsibilities

  • Proactively identify and execute innovative pharmacy strategies and products
  • Develop business cases and strategic recommendations for new pharmacy solutions
  • Lead efforts to enhance existing pharmacy programs for better outcomes and efficiency
  • Drive enterprise-level strategic planning and complex analyses
  • Present findings and recommendations to executive leadership and key stakeholders
  • Collaborate with diverse teams to implement strategic initiatives
  • Monitor industry trends and assess opportunities and risks
  • Establish frameworks to measure program performance and support decision-making.

Benefits

  • Annual Incentive Bonus based on performance and corporate goals
  • 401(k) with employer match
  • Paid Time Off (PTO)
  • Competitive health benefits and wellness programs
Full Job Description

Job Description

We are hiring for a Principal Strategic Advisor to lead the identification, development, and execution of innovative pharmacy strategies, products, and programs that reduce cost of care, generate new revenue opportunities, and drive operational efficiency. You will leverage deep industry expertise to deliver sustainable competitive advantages and advance the organization's pharmacy growth and affordability objectives.

What You’ll Do

  • Proactively identify, evaluate, and execute innovative pharmacy strategies, products, services, and programs that improve affordability, generate new revenue streams, and support enterprise growth objectives.
  • Develop business cases and strategic recommendations for new pharmacy solutions, market opportunities, and emerging healthcare innovations.
  • Lead efforts to enhance and optimize existing pharmacy programs to improve clinical outcomes, financial performance, operational efficiency, and member experience.
  • Drive enterprise-level strategic planning, complex quantitative and qualitative analysis, opportunity assessments, and innovation roadmaps.
  • Present strategic recommendations, financial analyses, business performance metrics, vendor assessments, market insights, and impact assessments to executive leadership and key stakeholders.
  • Organize, prioritize, and communicate progress across a portfolio of strategic initiatives, ensuring alignment with enterprise goals and measurable business outcomes.
  • Collaborate across pharmacy, clinical, operations, finance, product, and technology teams to advance innovative solutions and accelerate implementation of strategic initiatives.
  • Monitor and assess industry, regulatory, market, technology, and competitive trends to identify emerging opportunities, risks, and areas for differentiation.
  • Establish analytical frameworks, reporting capabilities, and evaluation methodologies to measure program performance, identify savings opportunities, and support decision-making.
  • Serve as a trusted advisor, mentor, and thought leader, providing guidance to team members and cross-functional partners on strategic problem-solving, innovation, and business growth.

What You Bring

  • Bachelor’s degree in Business, Healthcare Administration, Pharmacy, Finance, Economics, or related fields
  • In lieu of a degree, 10+ years of relevant experience in healthcare, pharmacy strategy, consulting, or business development

Bonus Points (Preferred Qualifications)

  • Advanced degree (MBA, MHA, PharmD, MPH, or related field). 
  • 8+ years of experience in healthcare, pharmacy, consulting, strategy, product management, business development, or related field.
  • Demonstrated experience identifying and implementing cost-of-care savings initiatives.
  • Experience developing new healthcare or pharmacy products, programs, services, or business models.
  • Strong financial modeling, business case development, and executive presentation skills.
  • Proven ability to influence senior leaders and drive cross-functional strategic initiatives in a highly matrixed environment.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets,  licensure and certifications and other business and organizational needs. Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs. 

*Based on annual corporate goal achievement and individual performance.

$130,560.00 - $208,896.00

Skills

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About Blue Cross Blue Shield of North Carolina

Blue Cross Blue Shield of North Carolina (BCBSNC) is a non-profit health insurance company based in Durham, North Carolina. The company provides health insurance to more than 3.7 million customers in North Carolina. BCBSNC offers a variety of health insurance plans, including individual and family plans, Medicare Advantage plans, and employer-sponsored plans. The company also offers wellness programs and resources to help customers manage their health. BCBSNC was founded in 1933 and has since grown to become one of the largest health insurance providers in North Carolina.
Learn more about Blue Cross Blue Shield of North Carolina
Size
5,000 employees
Industry

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