Milliman
is hiring
Senior Business Analyst, Healthcare
About Our Company
Milliman is among the world’s largest independent actuarial and consulting firms. Founded in Seattle in 1947, Milliman has offices in key locations worldwide. Through consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property & casualty/general insurance, Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to consulting actuaries, Milliman’s body of professionals includes numerous other specialists, ranging from clinicians to economists.
Job Description & Responsibilities
We are seeking a tech-savvy, solution-focused Senior Healthcare Management Business Analyst to become an integral contributor to our consulting team’s success. The ideal candidate understands how to collaborate with individuals, across multiple teams, to solve problems and has experience developing data-driven solutions that make important information easy to access, understand, and act upon. This analyst is eager to help our clients improve performance, develop strategies for the future, and gain a competitive edge in the marketplace. Successful business analysts are inquisitive, synthesize information quickly, possess good intuition, and project confidence. Analysts have opportunities to develop within their positions and grow within the larger team. Our team operates within a fast-paced environment that serves a diverse array of clients including health insurance companies, government agencies, healthcare providers, and healthcare purchasers.
Example Projects Include
- Design a pricing model and marketing strategy for a new product
- Assessing a client's clinical programs and analytic models
- Conduct a market study to evaluate the feasibility of launching a new product
- Evaluate a client’s administrative costs to identify improvement opportunities
- Conduct analyses of provider networks and network adequacy
- Help a state government agency develop a strategy for designing a health program
- Conduct clinical program evaluations to identify and design program improvements
- Helping a client prepare for accreditation or meet government requirements
Responsibilities
- Research, synthesize, and evaluate healthcare information such as financial statements, vendor contracts, and operating expenses to identify trends and business insights
- Conduct in-depth data analysis on complex healthcare and business data sets, using spreadsheets or more specialized tools
- Analyze company revenue, profits / losses to support recommendations about savings opportunities
- Perform technical tasks, such as, creating business requirements documents, user training manuals and guides, and requirements traceability matrices
- Develop executive level presentations to clearly communicate key findings and data insights
- Assist with project management to support client engagements and internal initiatives
- A willingness and availability to travel up to 20% to client locations throughout the United States is required
Requirements
Required
- Bachelors degree in business, economics, finance, or similar field
- 3 to 5 years of relevant work experience in quantitative or business-related fields, such as finance, economics, accounting, or business administration
- Advanced Microsoft Excel skills for large data sets
- Microsoft Office Suite including Word and PowerPoint
- Data visualization skills and effective storytelling with data
- Healthcare informatics, analytics, and reporting knowledge
- Strong working knowledge of healthcare concepts and data
- Familiarity with healthcare financial and claims data and data analytic platforms
- Strong quantitative, analytic, written, and verbal communication skills
- Ability to work independently and within a diverse team environment
- Strong organizational skills, the ability to prioritize tasks with little supervision, and manage concurrent projects to meet project timelines
- Execute work with exceptional attention to quality, accuracy, and detail on all project tasks and work under time pressure
Preferred
- Experience with Power BI or other data visualization software
- Proficiency in R, Python, SQL, or similar tools
- 5+ years of relevant work experience in quantitative or business-related fields, such as finance, economics, accounting, or business administration
What we offer
The salary range is $85,000 to $175,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc. If overall experience is less than 5 years the range would be $85,000 to $140,000; for experience of greater than 5 years, the range would be $105,000 to $175,000.
Benefits
At Milliman, we focus on creating an environment that recognizes – and meets – the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:
- Medical, dental and vision coverage for employees and their dependents, including domestic partners
- A 401(k) plan with matching program, and profit sharing contribution
- Employee Assistance Program (EAP)
- A discretionary bonus program
- Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
- Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
- A minimum of 8 paid holidays
- Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
- Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs
