Business Analytics Senior Advisor (Provider Network) - Hybrid
The Cigna GroupAbout the role
Summary
Supports the medical cost position of assigned markets through analysis of healthcare provider contracts, analysis of high performing network solutions, analysis of medical expense reports, data drill downs of trend drivers, and execution of key initiatives designed to address medical expense and product pricing trends. Partners with network management and pricing units to deliver medical expense results in line with trend/cost expectations to ensure strong competitive positioning within the marketplace.
Responsibilities
Provide analytical and strategic support of health care provider rate negotiations
Identify opportunities for medical cost reduction, lead action plan development, and drive execution
Assess the cost and quality efficiency of health care providers
Collaborate with network team to develop and maintain high performing network solutions
Assess competitiveness of standard and high performing network products
Analyze reports and present findings to business partners at various levels of the organization
Support business partners and team members on an ad hoc basis as needed to support various integral business needs
Maintain strong communication with other analysts to identify new opportunities and share best practices
Mentor/train direct report, other analysts and business partners
Own tracking tool maintenance and institute data validation processes
Collaborate with developers on tool enhancements
Qualifications
5+ years' of experience with health care data analysis, medical cost trend analysis and health care provider contract analysis
Understanding of managed care business processes, data, systems, and applications for claims payment, enrollment, benefit design, and utilization management
Knowledge of standard medical coding including CPT-IV, ICD-10, DRG, revenue codes, and HCPCS
Technical sophistication with various data mining and business intelligence tools such as SAS and/or SQL and advanced Microsoft Excel skills
Strong analytical and problem-solving skills with a proven track record of success
Ability to independently perform data analysis while managing multiple projects and meeting strict deadlines
Strong ability to validate and interpret results
Ability to influence and drive strategic planning and execution through engagement of business partners, education on key drivers and actionable levers, and thorough understanding of market-level dynamics
Strong communication skills to include written, oral, and group presentation
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.For this position, we anticipate offering an annual salary of 109,500 - 182,500 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus plan.
We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, visit Life at Cigna Group.
About The Cigna Group
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