Senior Strategy Analyst - HMIG

Highmark Health

$90K — $120K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Economics, Engineering or Life Sciences, or equivalent experience
  • 5-10 years in strategy/management consulting or internal strategy roles within healthcare
  • Master's degree preferred in related fields
  • Experience with Health Insurance operations and technology
  • Familiarity with operational improvement practices

Responsibilities

  • Identify business issues and develop analytical solutions and recommendations
  • Lead small to medium strategy projects under guidance
  • Serve as a subject matter expert on growth and operational strategy
  • Provide guidance and input for team performance and training
  • Develop analytical frameworks for complex strategic issues

Benefits

  • Hybrid working model (3 days onsite per week)
  • Opportunity for performance input and team mentorship
  • Exposure to executive-level strategic planning and presentations
  • Engagement in a fast-paced healthcare environment
  • Participation in operational improvement initiatives
Full Job Description
JOB SUMMARY

Support leadership of HM Insurance Group (HMIG) with a range of strategy activities essential to HMIG's growth and margin goals. The Senior Strategy Analyst leads strategic planning initiatives, designs and executes advanced business analytics, and translates insights into executive-ready content. Operating as a strategic partner, the analyst enables HMIG leadership to: 1) lead the annual and multi-year strategic planning development process; 2) design, build, and execute data analytics and financial models (including market research, scenario planning, forecasting, and profitability analysis) to evaluate critical business issues; 3) synthesize competitive intelligence and market dynamics into strategic opportunities; 4) author and deliver board and executive level presentations and formal recommendations; and 5) develop comprehensive go-to-market and operational strategy documents that inform critical strategic issues and decisions.

This is a hybrid based role in Pittsburgh - 3 days a week onsite - T, W, TH

ESSENTIAL RESPONSIBILITIES:
  • Work with business/ market owners to identify key business issues, articulate problem, apply right analytical framework, develop solution and recommendations, represent findings to stakeholders and own the outcome
  • Under the guidance of Strategy Consultants and Leadership, participate in / lead small to medium sized strategy projects/ work streams with the help of internal or external strategy consulting resources
  • Serve as subject matter expert (resource) to staff and stakeholders on membership, growth and operational strategy issues
  • Provide periodic informal work guidance/direction to other team members; Provide performance input and recommendations to management for development/ training plans. May have supervisory responsibilities on a project basis
  • Apply a broad knowledge of concepts and principles to develop analytical frameworks, approach and methodology best practices to analyze complex strategy issues, often applying ingenuity and originality to develop unique solutions
  • Other duties as assigned or requested.


QUALIFICATIONS:

Minimum
  • Bachelor's Degree in Business, Economics, Engineering or Life Sciences or related field, or relevant experience and/or education as determined by the company in lieu of bachelor's degree.
  • 5-10 years of relevant, progressive experience in strategy / management consulting firms or internal strategy groups of healthcare and related companies.


Preferred
  • Master's degree in business, Economics, Engineering or Life Sciences or related field
  • Experience in Health Insurance operations and technology
  • Experience in operational improvement


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


Language (Other than English):

None

Travel Requirement:

0% - 25%

PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

Position Type

Office-based - This is a hybrid based role in Pittsburgh - 3 days a week onsite - T, W, TH

Teaches / trains others regularly

Occasionally

Travel regularly from the office to various work sites or from site-to-site

Rarely

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

Occasionally

Lifting: 25 to 50 pounds

Rarely

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.

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