Jobs · Business Development · Illinois

Executive Director Medical Economics

Health Care Service Corporation · Chicago, IL · 1 wk ago
Business Development$162k–$300k/yrFull-time

Responsibilities

  • Medical Economics Engine (MEE) Development: Lead the development of our medical economics engine by setting program strategy, defining requirements for capability builds, and overseeing testing and delivery.
  • Collaborate with cross-functional stakeholders (executive leadership, Network, Healthcare Mgmt., etc.) to help define overall program strategy.
  • Own the business requirements and functional strategy for all components of the MEE platform, partnering with delivery (data, IT) teams to oversee feature prioritization, deployment, change mgmt., and user adoption.
  • Ensure MEE reporting and analytics effectively supports business needs.
  • Value Improvement (VI) Support: Serve as a core leader for the Value Improvement task force – helping to identify and analyze key cost drivers in healthcare services and ensuring actionable insights are derived to reduce costs and improve value.
  • Gather, synthesize, and present timely and actionable insights on emerging trends, cost drivers, and outlier behaviors – enabling cross-functional leaders to make informed decisions on medical cost containment.
  • Act as the primary point of contact for cross-functional program leads (Healthcare Mgmt., Network, Payment Integrity, PMO, etc.) on medical cost trends and insights.
  • Assist in shortening timelines from opportunity identification to delivery of value improvement, and identify other opportunities to improve the VI process.

Requirements

  • Bachelor’s degree in finance, Actuarial Science, Healthcare Economics, or related field.
  • 12 years of experience in healthcare analytics, medical economics, or financial modeling analysis or 10 years of experience in healthcare analytics, medical economics, or financial modeling analysis with an advanced degree.
  • 7 years’ experience in a leadership capacity; ability to lead a team of internal subject matter experts and external strategic advisors.

Qualifications

  • Actuarial certification (FSA, etc.).
  • MBA, Master of Finance, Master of Medical Economics, or similar advanced degree.
  • SQL skills or equivalent querying tools experience.
  • Analytics leadership experience with a health insurance payer or provider.

Benefits

Commensurate with experience.

Pay

$161,500.00 - $299,700.00 Exact compensation may vary based on skills, experience, and location.

Schedule

Hybrid role requiring in-office hours 3 days a week at the respective office location.

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