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Affordability Analytics Analyst

Medica
401(k)
United States, Minnesota, Minnetonka
401 Carlson Parkway (Show on map)
Feb 19, 2025
Description

The Affordability Analytics Analyst will support the manager in developing and maintaining multi-year affordability analytics pipeline. This role will have a strong emphasis on data analysis, establishing standards, and best practices and crating frameworks that guide the affordability team in delivering actionable insights that enhance healthcare affordability. The ideal candidate will leverage data to inform healthcare savings initiatives, drive decision-making and improve outcomes.

Responsibilities:



  • Leadership

    • Mentor and provide guidance to junior analysts on advance and applied data analysis techniques, tools and best practices to foster a culture of continuous learning and improvement.


  • Data Analysis

    • Conduct comprehensive analyses of healthcare affordability data to identify trends, patterns and opportunities for improvement.
    • Develop and maintain standardized methodologies for data collection, analysis, and reporting to ensure consistency and reliability across the affordability team.
    • Prepare detailed dashboards and reports and engaging presentations for leadership, clearly articulating key findings, insights and recommendations.
    • Assist in prioritizing analytics projects, establishing clear metrics for success and managing timelines to ensure timely delivery of insights.
    • Develop the capability to measure long-term value driven by affordability efforts over multiple years.


  • Collaboration and Partnerships

    • Collaborate with the affordability team and enterprise business unit leaders to design and implement robust data collection processes and reporting frameworks that facilitate effective decision-making.
    • Engage with cross-functional teams to identify data needs and ensure alignment on analytics initiatives that support broader organizational goals.
    • Develop and manage the "value realization/value story" utilizing affordability analytics data and input from key stakeholders and partners.


  • Business Acumen

    • Develop, document, and maintain operating playbooks, workflows, and standard operating procedures for analytics processes, ensuring consistent and well documented methodologies.
    • Stay current with industry trends and advancements in data analysis methodologies to continuously enhance the team's analytical capabilities.
    • Ensure compliance with all applicable laws and regulations in analytics practices.
    • Perform other duties as assigned.




Minimum Qualifications:



  • 4+ years of experience in healthcare analytics or data driven roles within the healthcare or insurance industries.
  • Strong proficiently in data analysis tools (e.g., SQL, SAS, Python, R, Excel) and visualization techniques/software (e.g. Power BI, Qlik, Tableau)
  • Proven experience in developing and implementing data standards and best practices within an analytical environment.
  • Proficiency in Microsoft Office applications including Word, PowerPoint, Excel, and Access.
  • Demonstrated ability to design, evaluate, and interpret complex data sets, with strong analytical and problem-solving skills.
  • Excellent written and verbal communication skills, capable of conveying complex information clearly and concisely to diverse audiences.
  • Experience working both independently and collaboratively in cross functional teams, engaging with individuals from diverse professional backgrounds.


Preferred Qualifications:



  • Master's degree in Data Science, Healthcare Analytics, Healthcare Economics or a related field.
  • Management consulting experience with a focus on analytics.


This position is an Office role, which requires an employee to work from the designated office - Minnetonka, MN OR Madison, WI - , on average, 2+ times per week.

The full salary range for this position is $88,700 - $152,000. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.

The compensation and benefits information is provided as of the date of this posting. Medica's compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.

Medica's commitment to diversity, equity and inclusion (DEI) includes unifying our workforce through learning and development, recruitment and retention. We consistently communicate the importance of DEI, celebrate achievements, and seek out community partnerships and diverse suppliers that are representative of everyone in our community. We are developing sustainable programs and investing time, talent and resources to ensure that we are living our values. We are an Equal Opportunity/Affirmative Action employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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