Principal Healthcare Analyst

This position is responsible for supporting and guiding the formation of the strategic needs of the company through the application of advanced analytics to diverse business questions and initiatives. A successful applicant will work independently in addition to guide cross-functional teams to initiate, plan, and lead analysis from conceptual development to conclusion. Additionally, the applicant will achieve success using a combination of traits and skills including industry knowledge, data and programming savvy, and math and statistical abilities. The position will lead efforts with coworkers, internal business partners, and leadership to clarify requirements, analyze complex data, and produce and present meaningful and defensible results, including the identification of success factors and barriers, improvement opportunities, proposing solutions, and informing strategic decisions. The individual will also drive action based on the results obtained. The Healthcare Analyst Principal will represent the department on both internal and external initiatives. They may also lead project teams. The incumbent will lead efforts to define meaningful contributions that will influence strategic decision-making at Blue Cross Blue Shield of Minnesota.

• Uses databases for analysis and dissemination of information.
• Performs complex analysis of data.
• Researches, analyzes data, applies statistical methods when appropriate, and provides interpretation of outcomes.
• Identifies issues to be researched, determining affected areas, estimating the impact and contributing to the resolution.
• Leads teams to develop analytic approaches, measurement plans, data analysis, and report results on health care utilization, expenditures, outcomes, and benchmarks.
• Initiates actions to discover new analyses that will contribute to the strategic needs of Blue Cross Blue Shield of Minnesota.
• Works with leadership to understand and interpret the impacts to cost and quality of proposals using relevant data sources and analytic methods.
• Helps drive the implementation of new products and systems by providing actionable information and recommendations that evaluate the impact of the proposed products and systems.
• Represents the division on corporate projects and may have leadership roles on these teams.
• Independently manages issues that may arise on multiple tasks or projects with limited or no management involvement.
• Acts as a resource and/or mentor for other members of the department and company on business issues and may be responsible for training and guidance of other employees.
• Formulates strategic recommendations and present findings to management and external clients.
• Serves as an analytic consultant who can explain complex measurement or analysis techniques and results in layman's terms.

• 7+ years of related professional experience. All relevant experience including work, education, transferable skills, and military experience will be considered.
• 5 years experience analyzing and modeling data involving outcomes and utilization, using various statistical software and computer programming (SAS, Visual Basic, DB2, Oracle, etc.).
• Proficiency in Microsoft software applications such as Word, PowerPoint, Excel, Access.
• Demonstrated ability to design, evaluate and interpret complex data sets.
• Demonstrated ability to handle multiple tasks with competing priorities.
• Demonstrated analytic and problems solving skills.
• Excellent written and verbal communication skills, with the ability to interpret and communicate analytical information to both individuals and groups in a clear and concise manner.
• Demonstrated ability to present complex technical information to non-technical audiences and to senior decision-makers.
• Demonstrated ability to work effectively both independently and in a team setting with individuals having diverse professional backgrounds including business, technical and/clinical.
• High school diploma (or equivalency) and legal authorization to work in the U.S.

• Bachelor's Degree or Master's degree.
• Knowledge of managed care and healthcare claims preferred.

Compensation and Benefits:

Pay Range: $102,400.00 - $138,300.00 - $174,200.00 Annual

Pay is based on several factors which vary based on position, including skills, ability, and knowledge the selected individual is bringing to the specific job.

We offer a comprehensive benefits package which may include:

• Medical, dental, and vision insurance
• Life insurance
• 401k
• Paid Time Off (PTO)
• Volunteer Paid Time Off (VPTO)
• And more

To discover more about what we have to offer, please review our benefits page.

Role Designation

Hybrid

Anchored in Connection

Our hybrid approach is designed to balance flexibility with meaningful in-person connection and collaboration. We come together in the office two days each week - most teams designate at least one anchor day to ensure team interaction. These in-person moments foster relationships, creativity, and alignment. The rest of the week you are empowered to work remote.