Strategist - Strategic Planning

With more than 7,000 employees, we are the largest health insurance company in Michigan. We offer an exciting work environment with a diverse group of employees. Our goal is to make health insurance easier for our members. We want to transform the industry and become a resource that people can trust.

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="https://www.bcbsm.com/" target="_blank" rel="noopener noreferrer">Blue Cross Blue Shield of Michigan</a> for health insurance, you can know you&rsquo;re getting much more. We're a company founded on a tradition of affordable, quality health care for everyone, improving the present and investing in the future.&nbsp;<br /><br />We offer:<br />Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyle<br />The largest network of doctors and hospitals in the state<br />Lower health care costs Higher quality health care<br />Award-winning diversity practices<br />Grants and programs that promote better health throughout Michigan<br /><strong><br />Mission:&nbsp;</strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><a href="http://www.bcbsm.com/index/about-us/our-company.html" target="_blank" rel="noopener noreferrer"><strong>Click here</strong></a> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades.<br /><br />For Application Timeline &amp; Selection Process:&nbsp;<a href="https://s3.amazonaws.com/data.vizirecruiter.com/Images/BCBSMCareers+-+Quick+Reference+Guide.pdf" target="_blank" rel="noopener noreferrer">Click Here</a>. Learn more about your options as an external candidate. <a href="https://bcbsm.taleo.net/careersection/2/jobsearch.ftl?lang=en" target="_blank" rel="noopener noreferrer">Click here</a> to view open positions. http://www.bcbsm.com

keywords: consulting,analysis,performance,enterprise strategy,strategic planning,strategic intelligence,enterprise performance,experience,management,degree,analysis,strategy

Full-Time

Competitive Total Compensation Package

Overview: Responsible to identify, prioritize and develop strategies to support Blue Cross Blue Shield of Michigan&rsquo;s (BCBSM) competitive position, achieve positive business results, and improve the health and wellbeing of our members. Responsible to make recommendations on consequential matters with long-term implications for the organization, including: setting enterprise aspirations and targets, developing enterprise-level strategies, assessing strategic investments and partnerships, and evaluating the enterprise&rsquo;s overall portfolio of assets.
Responsibilities: <ul> <li> <div>Oversee or perform analyses including, but not limited to, financial modeling, claims analyses, and complex statistical analyses.</div> </li> <li> <div>Manage activities that are directly related to the corporate strategies, goals, and objectives.&nbsp;</div> </li> <li> <div>Utilize primary and secondary research to assist in identifying best practices and opportunities for the corporation.</div> </li> <li> <div>Create executive-level PowerPoint presentations and correspondence to communicate recommendations to executive leadership and the Board of Directors.</div> </li> <li> <div>May be assigned one or more areas of specialization:</div> </li> </ul> <p><strong><u>Enterprise Strategy</u></strong></p> <ul> <li> <div>Provide solutions to complex business problems and make recommendations to senior management to improve strategic initiatives and technical processes.</div> </li> <li> <div>Convene colleagues and subject matter experts to foster a collaborative environment to stay informed on changes in the healthcare payer and broader healthcare industries that may impact enterprise strategies.</div> </li> </ul> <p><strong><u>Strategic Planning</u></strong></p> <ul> <li> <div>Support the annual strategic planning process with the organization, including partnering with one or more areas of the business to develop division-specific plans.</div> </li> <li> <div>Assist with the development of the overall enterprise plan, including identifying links between the enterprise strategy and division business plans, driving consistency across business plans, and identifying potential white spaces for further analysis.</div> </li> </ul> <p><strong><u>Strategic Intelligence</u></strong></p> <ul> <li> <div>Analyze the implications of market trends and report the findings via weekly updates, deep-dives on selected topics, and white papers.</div> </li> <li> <div>Assess the impact of specific market events, such as a change in the competitor or provider landscape, relative to BCBSM&rsquo;s strategies and business plans.</div> </li> <li> <div>Identify potential threats and opportunities for further consideration by BCBSM leadership.</div> </li> </ul> <p><strong><u>Enterprise Performance</u></strong></p> <ul> <li> <div>Develop annual and long-term corporate goals, including defining goal frameworks, metrics, and performance thresholds, and gaining approval from BCBSM&rsquo;s senior management team and Board of Directors.&nbsp;</div> </li> <li> <div>Monitor and track performance against annual and long-term goals and additional core business objectives. Conduct root causes analysis and determines key drivers of performance including forecasting of future performance.</div> </li> <li> <div>Develop and maintain systems to monitor, measure, and report performance and achievement of programs, long-term goals, and strategic initiatives with enterprise and/or divisional impact.</div> </li> <li> <div>Maintain close working relationships with key business stakeholders to develop, problem solve and review performance insights.</div> </li> </ul>
Requirements: <ul> <li> <div>Bachelor's Degree in Strategy, Health Policy, Business or related field required. Master&rsquo;s Degree in related field preferred.</div> </li> <li> <div>Five (5) years of experience in corporate strategy, consulting, investment banking or related experience is required.</div> </li> <li> <div>Previous experience leading projects and/or teams is preferred.&nbsp;</div> </li> <li> <div>Previous experience working in the healthcare industry is preferred.&nbsp;</div> </li> <li> <div>Advanced quantitative and financial analysis/modeling capabilities, leveraging Microsoft Office (Excel, Access, and PowerPoint), with an affinity to detail.</div> </li> <li> <div>Intermediate oral communication and presentation skills.</div> </li> <li> <div>Strong strategic orientation with ability to develop plans and deliver expected results.</div> </li> <li> <div>Ability to manage multiple priority initiatives concurrently.</div> </li> <li> <div>Expert analytical and problem-solving skills.</div> </li> <li> <div>Advanced written communication skills, including story telling.</div> </li> <li> <div>Ability to work independently and lead others&rsquo; work within a team environment with multiple priorities.</div> </li> <li> <div>Ability to effective interface with management at all levels and external contacts.</div> </li> </ul> <div id="gtx-trans" style="position: absolute; left: -45px; top: 26px;">&nbsp;</div>