Health Care Service Corporation

Executive Director – Medical Economics

Health Care Service Corporation

full-time

Posted on:

Location Type: Hybrid

Location: ChicagoIllinoisMontanaUnited States

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Salary

💰 $161,500 - $299,700 per year

Job Level

Tech Stack

About the role

  • 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
  • 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
  • Direct, coach, and develop team members—from the Director to individual contributor levels
  • Build the team to support development of additional capabilities (program strategy, AI-enabled insights, etc.)
  • Foster a collaborative team environment, set goals, monitor performance, and support professional development.

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
  • Actuarial certification (FSA, etc.) preferred
  • MBA, Master of Finance, Master of Medical Economics, or similar advanced degree preferred
  • SQL skills or equivalent querying tools experience preferred
Benefits
  • Health and wellness benefits
  • 401(k) savings plan
  • Pension plan
  • Paid time off
  • Paid parental leave
  • Disability insurance
  • Supplemental life insurance
  • Employee assistance program
  • Paid holidays
  • Tuition reimbursement
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
healthcare analyticsmedical economicsfinancial modeling analysisSQLdata analysisreportinganalyticsprogram strategycapability buildschange management
Soft Skills
leadershipcollaborationcoachingteam developmentgoal settingperformance monitoringcommunicationstrategic thinkingproblem solvinginsight presentation
Certifications
Actuarial certificationFSAMBAMaster of FinanceMaster of Medical Economics