Medical Economics Consultant - Highmark Health
Trenton, NJ
About the Job
Company :
Highmark Inc.
Job Description :
JOB SUMMARY
The Medical Economics Consultant role leverages advanced medical cost analytics to provide data-driven strategic insights into emerging cost trends. The consultant will use large datasets (proficiently utilizing SAS, SQL, or similar tools) to create clear, concise narratives explaining complex trends to both technical and non-technical audiences, including executive stakeholders. Responsibilities include: developing and tracking program value; identifying and analyzing key cost drivers; providing opportunity assessments and savings projections; improving business case development; influencing decisions to drive cost savings; collaborating effectively across departments to gather data, synthesize analyses, and create compelling presentations; proactively identifying and resolving conflicting priorities; and managing multiple projects simultaneously to deliver high-quality results on time. The ideal candidate will possess strong analytical, communication, and influencing skills.
ESSENTIAL RESPONSIBILITIES
+ Provide strategic/tactical insights into emerging medical cost trends. Develop executive ready presentations explaining analytical findings in a clear concise manner.
+ Proficiency to extract, summarize and analyze large datasets via SAS, SQL or other similar tools.
+ Provide business areas with opportunity assessments of their strategic medical cost programs. Coordinate savings opportunity projections and post implementation savings measurements. Develop improved business case and savings estimate capabilities to enable more accurate and deeper projections.
+ Leverage analytical experience and knowledge to drive independent medical cost analytics; develop areas of opportunity using a fact-based analysis, present medical cost analytics and insight into claim cost drivers to key business partners.
+ Strong communication skills (verbal and executive quality presentations) to present clear, concise presentations of the detailed analytics.
+ Work in a matrixed work environment. Partner with other departments in developing the full analytical story.
+ Other duties as assigned or requested.
EDUCATION
Required
+ Bachelor's Degree in Business, Health, Economics, Mathematics/Actuarial Sciences or other related area
Substitutions
+ None
Preferred
+ Master's Degree in Business, Health, Economics, Mathematics/Actuarial Sciences or other related area
EXPERIENCE
Required
+ 5 years of Medical Economics, Healthcare Analytics, Informatics and/or Actuarial Services in the health care payer sector
Preferred
+ None
LICENSES AND CERTIFICATIONS
Required
+ None
Preferred
+ None
SKILLS
+ Proven analytical ability to drive independent work and meet business timelines and outcomes.
+ Strong Technical Data Skills (SAS / SQL, R, Tableau, Excel, etc.)
+ Demonstrated ability to work with business partners in communicating outcomes, partnering on analytics, and developing new approaches to breaking down a strategic hypothesis.
+ Experience in the healthcare Industry, with solid knowledge of emerging trends and challenges
Languages (Other then English)
None
Travel Required
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
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
Rarely
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 position 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:
$67,500.00
Pay Range Maximum:
$124,800.00
_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.
EEO is The Law
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled/Sexual Orientation/Gender Identity ( _https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf_ )
We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact number below.
For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org
California Consumer Privacy Act Employees, Contractors, and Applicants Notice
Req ID: J253840
Highmark Inc.
Job Description :
JOB SUMMARY
The Medical Economics Consultant role leverages advanced medical cost analytics to provide data-driven strategic insights into emerging cost trends. The consultant will use large datasets (proficiently utilizing SAS, SQL, or similar tools) to create clear, concise narratives explaining complex trends to both technical and non-technical audiences, including executive stakeholders. Responsibilities include: developing and tracking program value; identifying and analyzing key cost drivers; providing opportunity assessments and savings projections; improving business case development; influencing decisions to drive cost savings; collaborating effectively across departments to gather data, synthesize analyses, and create compelling presentations; proactively identifying and resolving conflicting priorities; and managing multiple projects simultaneously to deliver high-quality results on time. The ideal candidate will possess strong analytical, communication, and influencing skills.
ESSENTIAL RESPONSIBILITIES
+ Provide strategic/tactical insights into emerging medical cost trends. Develop executive ready presentations explaining analytical findings in a clear concise manner.
+ Proficiency to extract, summarize and analyze large datasets via SAS, SQL or other similar tools.
+ Provide business areas with opportunity assessments of their strategic medical cost programs. Coordinate savings opportunity projections and post implementation savings measurements. Develop improved business case and savings estimate capabilities to enable more accurate and deeper projections.
+ Leverage analytical experience and knowledge to drive independent medical cost analytics; develop areas of opportunity using a fact-based analysis, present medical cost analytics and insight into claim cost drivers to key business partners.
+ Strong communication skills (verbal and executive quality presentations) to present clear, concise presentations of the detailed analytics.
+ Work in a matrixed work environment. Partner with other departments in developing the full analytical story.
+ Other duties as assigned or requested.
EDUCATION
Required
+ Bachelor's Degree in Business, Health, Economics, Mathematics/Actuarial Sciences or other related area
Substitutions
+ None
Preferred
+ Master's Degree in Business, Health, Economics, Mathematics/Actuarial Sciences or other related area
EXPERIENCE
Required
+ 5 years of Medical Economics, Healthcare Analytics, Informatics and/or Actuarial Services in the health care payer sector
Preferred
+ None
LICENSES AND CERTIFICATIONS
Required
+ None
Preferred
+ None
SKILLS
+ Proven analytical ability to drive independent work and meet business timelines and outcomes.
+ Strong Technical Data Skills (SAS / SQL, R, Tableau, Excel, etc.)
+ Demonstrated ability to work with business partners in communicating outcomes, partnering on analytics, and developing new approaches to breaking down a strategic hypothesis.
+ Experience in the healthcare Industry, with solid knowledge of emerging trends and challenges
Languages (Other then English)
None
Travel Required
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
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
Rarely
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 position 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:
$67,500.00
Pay Range Maximum:
$124,800.00
_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.
EEO is The Law
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled/Sexual Orientation/Gender Identity ( _https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf_ )
We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact number below.
For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org
California Consumer Privacy Act Employees, Contractors, and Applicants Notice
Req ID: J253840
Source : Highmark Health