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Principal Medical Economics Consultant

Health Care Service Corporation
life insurance, parental leave, paid time off, paid holidays, tuition reimbursement, 401(k)
United States, Illinois, Chicago
Dec 27, 2024

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary This position is responsible for leveraging Medical Economics Engine (MEE) data to identify and analyze key cost drivers in healthcare services, ensuring actionable insights are derived to reduce costs and improve value. This role will support strategic initiatives by developing new KPIs, conducting deep dive analyses, and creating executive-level reports to guide decision-making, ultimately contributing to significant cost-of-care savings.

Required Job Qualifications:

  • Bachelor's degree in Finance, Actuarial Science, Healthcare Economics, or related field.
  • 7+ years of experience in healthcare analytics, medical economics, or financial modeling analysis, specifically in the health care industry
  • Strong analytical skills, including experience working with large healthcare datasets.
  • Demonstrates critical thinking and expresses ideas clearly, concisely and logically from a cross functional perspective.
  • Knowledge of the healthcare industry and analytics, and healthcare cost drivers.

Preferred Job Qualifications:

  • MBA, Master of Finance, Master of Medical Economics, or similar advanced degree.
  • SQL skills or equivalent querying tools experience.
  • Analytics experience with a health insurance provider

Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plansubject to the terms and the conditions of the plan.

HCSC Employment Statement:

We are an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, respected, and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Base Pay Range$97,600.00 - $176,300.00
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