Cost Savings Analyst Leader
3 weeks ago
Company Overview
">The Cost of Healthcare finance team at Blue Shield of California is responsible for driving the financial and operational aspects of meeting yearly and long-term cost of healthcare targets.
">About This Role
">In this leadership position, you will be responsible for preparing health care cost analysis on emerging changes to cost of healthcare trends and helping to explain financial performance.
">Your Responsibilities
">- Cost Analysis Expertise: Provide disciplined, supported measurements of cost of healthcare savings, ensuring consistent measurement approaches across initiatives.">
- Data Collection and Evaluation: Collect and evaluate data, develop and maintain financial models, analyze results, and conduct scenario analyses related to the cost of healthcare.">
- Reconciliation and Reporting: Reconcile data results from different sources and combine them into integrated reports spanning cost, quality, utilization, and risk profile metrics.">
- Initiative Tracking: Aggregate and track the value of cost of healthcare savings initiatives across the enterprise.">
- Results Communication: Summarize the results and explain changes between measurements to support both the quarterly Trendsetters process and other regular progress reports to executive management.">
- Collaboration and Innovation: Participate in internal workgroups and committees to provide analytical insight and support for the implementation and enhancement of new programs, products, and services.">
- Process Efficiency: Automate the templates used for tracking and monitoring cost of healthcare savings to make the process more efficient.">
- Tech Advancement: Support development work on enhancements to self-service analytic tools and learn to leverage Artificial Intelligence to speed the identification of cost of healthcare trend drivers.">
Your Background and Skills
">- Education: Requires a bachelor's degree or equivalent experience.">
- Experience: Requires at least 10 years of prior relevant experience.">
- Financial Analysis: Proficiency in financial analysis skills and knowledge of BSC's strategy and vision.">
- Teamwork and Leadership: Hands-on ability to roll up sleeves and support efforts of a small team to drive results.">
- Critical Thinking: Curiosity and passion about digging into data to identify root causes and potentially actionable drivers.">
- Communication: Strong oral/written communication and presentation skills.">
- Results Orientation: High energy—clear results orientation.">
Compensation Information
">The estimated salary range for this role is $136,400.00 to $204,600.00 per year, based on factors such as location (California), current employee salaries for similar roles, and candidate experience.
">Note: This salary range represents a general guideline and may vary based on individual circumstances.
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