Elevance Health
Business Information Consultant – Provider Economics
Job Description
Business Information Consultant – Provider EconomicsLocation: This role requires associates to be in-office 1 – 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.
Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The Business Information Consultant is responsible for serving as an expert in data analysis, reporting and formulating recommendations, and providing guidance to other data analysts. This position will configure our value-based care platform in accordance with value-based contract terms, run ad hoc analyses, and perform the corresponding financial reconciliations. This position will also be responsible for supporting the market by running analyses, understanding and describing the impact.
How You Will Make an Impact:Creates and maintains databases to track business performance. Understand the value of efficient operations, through the automation of contract terms, configuration of systems to enable automated runs and reconciliationsComfortable understanding the operational and technical components of value-based contracts and the systems in which they are run to explain to the marketDevelops and analyzes business performance reports (e.
g. for claims data, provider data, utilization data) and provides notations of performance deviations and anomalies. Creates and publishes periodic reports, as well as any necessary ad hoc reports.
Establishes, improves, and optimizes the consolidating processes for forecast and month-end results. Consolidates and prepares executive summary reports for various business segments in the SBU for top management decision-making. May require taking business issues and devising the best way to develop appropriate diagnostic and/or tracking data that will translate business requirements into usable decision support tools.
May make recommendations based on data analysis. Work effectively with team members and business partners in driving communication of analytics, strategies trade-offs, and new approaches to breaking down analytics.
Data analysis and reporting encompasses a much higher level of complexity. Minimum Requirements:Requires a BS/BA degree in a related field and a minimum of 5 years experience; or any combination of education and experience which would provide an equivalent background. Preferred Skills, Capabilities, & Experiences:Experience with relational databases and knowledge of query tools and statistical software preferred.
Strong analytical and technical skills, including proficiency in SAS, SQL, or similar data manipulation tools preferred. Strong organizational and problem-solving skills preferred. Strong communication skills to present clear, concise presentations of the detailed analytics preferred.
Documentation of assumptions and technical requirements, and developing clear, concise presentations for both technical and non-technical audiences preferred. Experience providing leadership in evaluating financial performance of complex organizations preferred. BA/BS degree in Actuarial Sciences or Health Economics preferred.
Minimum of 5 years in healthcare industry in medical economics, provider finance, healthcare analytics, or actuarial services preferred. For candidates working in person or virtually in the below location(s), the salary\* range for this specific position is $153,594 to $133,560Locations: Illinois and Massachusetts
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