Predictive Healthcare Economics Associate

Anticipated End Date:

2025-05-27

Position Title:

Predictive Healthcare Economics Associate

Job Description:

Predictive Healthcare Economics Associate

Location: 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.

The Predictive Healthcare Economics Associate employs advanced analytics to gain critical insights into member behavior drivers and preferences, product/program concepts and value propositions, operational effectiveness and efficiencies, client specific health gaps and needs.  

How you will make an impact:

• Performs established analysis for routine diagnoses of quality, use, cost and other variables for opportunity assessments.
• Executes identification and stratification algorithm to select the right members for the targeted solution.
• Develops the technical definition of outcome metrics to assess outcomes.
• Performs defined analyses to assess proper outcome metrics for various programs/initiative.
• Builds, tests, and validates statistical models under supervision.
• Contributes to research and publications by performing basic analyses, preparing data and documenting results.
• Understands the pitfalls and limitations with analyzing practical data and the ability to ensure data and analysis quality.
• Basic knowledge of common analytical methods such as profiling a customer segment, experimental design and regression analysis.
• Solves well defined analytical problems independently.
• Delivers assignment/projects timely and accurately.
• Collaborates with other analytical team members effectively.
• Presents analyses effectively to analytical audience.
• Possess strong intellectual curiosity and motivated to master analytical skills.

Minimum requirements:

• Requires MS, MA, or PhD with concentration in a quantitative discipline such as Mathematics, Statistics, Economics, Epidemiology, Engineering, Computer Science or Operations Research; or any combination of education and experience which would provide an equivalent background.
• Requires working experience with SAS or equivalents analytical tools, Teradata, SQL, or equivalent database tools, and direct experience applying statistical/analytical tools to solve research/practical problems.

Preferred Skills, Capabilities and Experiences:

• Some exposure to healthcare or related fields strongly preferred. Intellectual curiosity and strong desire to master analytical skills strongly preferred.

• Familiarity with medical management or population health programs is preferred
• Possess working knowledge of healthcare data and measurement standards such as ICD10, CPT/HCPCS, MS-DRG, DxCG, PMPM, and utilization per 1,000, preferred.
• Advanced SQL and Excel skills preferred.
• Base statistical skills to analyze, display, describe and summarize data into actionable insights, preferred.
• Data visualization experience in QlikSense, Business Objects, Tableau, or other BI tools, preferred.
• Excellent organizational, analysis planning, and communication skills are preferred.
• Ability to participate collaboratively on teams producing complex analyses, preferred.
• Healthcare Analytics consulting experience, preferred.
• Excellent analytical and critical thinking skills, preferred.

For candidates working in person or remotely in the below location(s), the salary* range for this specific position is $78,056 to $117,084

Locations: Illinois and Minnesota

In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compens