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Quantitative Analyst in Healthcare
2 months ago
Company Background
At Altais Health Solutions, we are seeking innovative and inquisitive professionals who are dedicated to transforming healthcare experiences. Our mission is to revolutionize the healthcare landscape for providers, patients, and the clinical community. We are committed to developing advanced clinical support tools and technologies that empower healthcare professionals to focus on what matters most: patient care. Join our dynamic team as we strive to enhance the future of healthcare.
Team Environment
Are you eager to be part of a high-performing and rapidly expanding Finance team? Our organization comprises over 4,000 physicians across numerous locations, serving a diverse patient population. If you are enthusiastic about reshaping healthcare and wish to contribute to a mission-driven organization that values creativity and innovation, we would love to connect with you.
Role Responsibilities
The Quantitative Analyst will play a crucial role in providing quantitative insights for financial, clinical, and network contracting initiatives. This position involves conducting financial modeling, analyzing utilization data, and generating reports to support strategic business development and cost management efforts. The analyst will perform contract valuation analysis to facilitate payer and provider negotiations and enhance medical cost management strategies.
In this role, you will collaborate with various departments to deliver high-level business intelligence and analytics. Proficiency in statistical analysis, project management, and customer service is essential for success in this position.
Key Focus Areas:
- Conduct comprehensive analysis of financial and statistical outcomes, develop financial forecasts, and leverage analytical skills to recommend actionable strategies that align with business objectives.
- Serve as a technical expert in data extraction and mining, utilizing diverse software tools to analyze and present clinical and cost data, integrating benchmark information.
- Proactively identify and communicate cost and utilization trends to uncover inefficiencies and opportunities for reducing overall healthcare costs.
- Analyze performance metrics related to clinical programs and provider networks to inform strategic decisions.
- Utilize benchmarking data and predictive analytics to advise on best practices and integrated reporting.
- Demonstrate expertise in Microsoft Access and Excel, along with experience in business intelligence tools and analytic software packages. Familiarity with SQL and data warehousing strategies is advantageous.
- Combine data from multiple sources to design actuarial models that project future costs and public health behaviors.
Qualifications and Skills:
- Bachelor's degree in a quantitative field such as accounting, engineering, economics, finance, statistics, or mathematics.
- Master's degree in business, health administration, or a related field is preferred.
- A minimum of 2 years of experience working with data and actuarial models.
- Experience in the healthcare sector, particularly in hospitals, health plans, or managed care environments, is preferred.
- Proven experience in financial modeling for payer and provider negotiations and medical cost management.
- Experience in a fast-paced, decision-support role is highly desirable.
- Progress toward Associate of Society of Actuaries (ASA) certification is a plus.
Our Values:
- You are committed to enhancing the healthcare experience and resonate with our mission.
- You exhibit curiosity and a willingness to innovate and take calculated risks.
- You take pride in your work and uphold high standards of accountability.
- You demonstrate compassion and emotional intelligence in your decision-making.
- You value collaboration and believe in the power of teamwork.
- You build trust through honesty and transparency in your interactions.
Altais Health Solutions recognizes the unique contributions of each team member. Compensation for this role will be determined based on qualifications, experience, and industry standards. We offer a competitive salary and a comprehensive benefits package tailored to meet your needs.
We are committed to protecting the privacy and security of personal information. Please refer to our privacy notice for details on how we handle your information during the application process.
Physical Requirements: This role may involve a combination of office and remote work, primarily sedentary in nature.
All candidates must successfully complete a background check and drug screening as part of the hiring process. We welcome applications from all qualified individuals without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status, or disability status.
