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Advanced Analytics Consultant – Actuarial Science

Advanced Analytics Consultant – Actuarial Science

CompanyElevance Health
LocationIndianapolis, IN, USA, Miami, FL, USA, Richmond, VA, USA, Chicago, IL, USA, Atlanta, GA, USA
Salary$120032 – $180048
TypeFull-Time
DegreesMaster’s, PhD
Experience LevelSenior

Requirements

  • Requires MS, MA, or PhD with concentration in a quantitative discipline such as Mathematics, Statistics, Economics, Epidemiology, Engineering, Computer Science or Operations Research and a minimum of 5 years experience in related health care analytics; or any combination of education and experience which would provide an equivalent background.

Responsibilities

  • Provide expert consult to key business stakeholders and clients on financial results, methodologies, key findings, and recommendations to mitigate unnecessary financial exposure.
  • Analyze complex datasets from various sources, including medical claims and managed care operations, to identify growth opportunities and optimize business strategies.
  • Develops and analyzes business performance reports (e.g. for claims data, provider data, utilization data) and provides notations of performance deviations and anomalies.
  • Consults on all considerations related to designing and executing tests or pilot programs.
  • Contributes to the design of new programs/initiatives based on test/pilot outcomes.
  • Develops targeting criteria or customer segmentation based on analytical insights, clinical inputs, product design, and operations considerations.
  • Develops predictive models and other tools that help target the right members.
  • Develops methodology to measure clinical, utilization, and financial outcomes of a program/initiative.
  • Conducts in-depth research to address challenging issues in measuring outcomes.
  • Generate insights from data analyses to recommend actionable strategies for improving competitive positioning and market share.
  • Addresses the limitation of certain data sources and evaluates the incremental value of new data sources.

Preferred Qualifications

  • Actuarial sciences background highly preferred.
  • Experience with developing expert modeling systems for segmentation/stratification that supports customized strategies for different customer segments in a major industry highly desirable – healthcare, financial, database/direct marketing, online retail, consulting, etc.
  • Substantial analytical experience in the healthcare industry preferred.
  • Actuarial experience within a healthcare and/or managed care organization preferred.
  • Advanced expertise with SAS or equivalent analytical tools strongly preferred.
  • Comprehensive experience with Teradata, SQL, or equivalent data databases strongly preferred.
  • Expertise in advanced statistics, machine learning, data visualization, and data extraction/manipulation techniques preferred.
  • Strong understanding of actuarial principles and managed care operations preferred.
  • Exceptional communication skills, both written and verbal, with the ability to convey complex information to non-technical stakeholders preferred.
  • Demonstrated ability to manage multiple projects and priorities in a fast-paced environment preferred.