Principal Analytics Consultant - Advanced Data Analysis Cost of Care
Chicago Illinois HQ (300 E. Randolph Street)
Health Care Service Corporation
At HCSC, we consider our employees the cornerstone of our business and the foundation to our success. We enable employees to craft their career with curated development plans that set their learning path to a rewarding and fulfilling career.
Come join us and be part of a purpose driven company who is invested in your future!
Job SummaryThis position will focus on exploratory advanced data analysis of medical cost data to assist Senior Leadership in identifying key drivers of costs. Additionally, this role is responsible for constructing forecasts, recommendations and strategic/tactical plans based on advanced data analysis. Creates specifications for reports and analysis based on business needs and required or available data elements. May provide consultation to users and lead cross-functional teams to address business issues. Produces datasets and reports for analysis using system reporting tools. May perform research and assists in analyzing financial and health data, including medical algorithms to determine health care expenditures, medical and economic outcomes, and cost containment strategies. Analyzes complex business problems and issues using data from internal and external sources to provide insight to decision-makers. Identifies and interprets trends and patterns in datasets to locate influences. Contributes to the development of functional strategy. Leads project teams to achieve milestones and objectives.Job Requirements:- Bachelor Degree and 7 years experience in health care services, quantitative/statistical analysis, or insurance industry economics including 4 years experience in data analysis and information reporting relating to healthcare data, including pharmacy, OR 10 years experience in health care services, quantitative/statistical analysis, or insurance industry economics including 4 years experience in data analysis and information reporting relating to healthcare data, including pharmacy.
- Recognized as an expert with significant data science or advanced analytics experience.
- Anticipates internal and or external business challenges and/or regulatory issues; recommends process, product or service improvements.
- Solves unique and complex problems that have a broad impact on the business.
- Contributes to the development of functional strategy.
- Leads project teams to achieve milestones and objectives.
- Progression to this level is typically restricted on the basis of business requirements.
Preferred Requirements:
- Master's or Ph.D. in a quantitative field, or bachelor's degree with significant data science or advanced analytics experience.
- Collect, integrate and analyze data from sources related to health status and outcomes for our members, characteristics of health care providers, internal business processes, and other domains.
- Perform complex statistical analysis on experimental or business data to validate and quantify trends or patterns identified by business analysts.
This position will require 3 days reporting into the office each week, provides flexibility to work from home up to 2 days per week.
Relocation is not provided at this time.
Sponsorship is not provided at this time.
Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!
HCSC Employment Statement:
HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Data analysis Economics Research Statistics
Perks/benefits: Career development Home office stipend Insurance
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