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Elevance Health

Risk Adjustment Strategic Manager

Elevance Health

Risk Adjustment Strategic Manager overseeing day-to-day operations for risk adjustment programs at Elevance Health. Responsible for driving operational excellence and compliance with CMS requirements.

Posted 6/10/2026full-timeConnecticut, Kentucky, Maine, New Jersey, New York, Tennessee, Virginia • 🇺🇸 United StatesMid-LevelSenior💰 $102,960 - $185,328 per yearWebsite

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Applicant Tracking System Keywords

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Hard Skills
risk adjustmentcodingMedicare AdvantageMedicaidACA CommercialClinical Documentation Improvementmedical coding practicesdata reportinganalytical skills
Soft Skills
collaborationinfluencerelationship buildingoversightstrategic execution
Tools & Technologies
Microsoft ExcelTableau
Certifications & Qualifications
CPCCRCCCSRHITRHIA
Industry Keywords
managed careCMS auditvalue-based careprovider reimbursement modelspayer side of health insurance

Tech Stack

Tools & technologies
Tableau

About the role

Key responsibilities & impact
  • Oversee day-to-day operations and strategic execution of enterprise risk adjustment programs
  • Assist management overseeing risk adjustment programs including claims, vendor quality, and audits
  • Develop metrics, policies, and procedures for validation of programs return on investment
  • Collaborate with operations risk and compliance teams for implementing initiatives
  • Provide oversight and ensures accurate coding for Medical Revenue Management programs
  • Serve as a subject matter expert on coding
  • Work collaboratively with Enterprise Risk Adjustment team, Business Operations, Regulatory Compliance, and Internal Audit
  • Influence others and work effectively to develop relationships with stakeholders

Requirements

What you’ll need
  • Requires a BA/BS in related field
  • Minimum of 5 years experience in managed care setting
  • Extensive risk adjustment experience
  • Experience with CMS audit
  • Coding knowledge strongly preferred
  • MBA or MHA in Healthcare Administration preferred
  • Experience working on payer side of health insurance industry preferred
  • Strong understanding of risk adjustment models including: Medicare Advantage, Medicaid, ACA Commercial preferred
  • Knowledge of value-based care providers and provider reimbursement models preferred
  • Experience working directly with providers and/or provider group leadership preferred
  • Preferred background in Clinical Documentation Improvement (CDI) and medical coding practices
  • Certified coder credential preferred (e.g. CPC, CRC, CCS, RHIT, RHIA)
  • Moderate to advanced proficiency in Microsoft Excel, Tableau, or other data reporting and analytical tools preferred.

Benefits

Comp & perks
  • Health insurance
  • 401(k) matching
  • Paid time off
  • Remote work options
  • Incentive and recognition programs
  • Equity stock purchase program