Strategy Associate - HPB

<strong>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.</strong>

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="" 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="" 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="" target="_blank" rel="noopener noreferrer">Click Here</a>. Learn more about your options as an external candidate. <a href="" target="_blank" title="BCBSM" rel="noopener noreferrer">Click here</a> to view open positions.

keywords: job description,strategy,analysis,project management,education & experience,knowledge,skills


Competitive Total Compensation Package

Overview: <br /> <p>The Strategy Associate-Health Plan Business will be part of the division&rsquo;s Strategy team responsible for shaping and driving strategies for Blue Cross Blue Shield of Michigan&rsquo;s (BCBSM) Health Plan Business (HPB) division.</p>
Responsibilities: <br /> <ul> <li> <div>Work as a strategic adviser and partner with market-facing segments and functional areas on near- and long-term divisional priorities and strategies, such as cross-divisional initiatives, enterprise-wide efforts, segment, and functional area-specific efforts.</div> </li> <li> <div>Gather and synthesize external perspectives (e.g. market dynamics, competitor insights, etc.) to perform quantitative analysis (e.g. market sizing, financial modeling, etc.) and frame strategic options given market constraints.</div> </li> <li> <div>Develop cross-functional work plans and deliverables to a diverse set of executive audiences.</div> </li> <li> <div>Facilitate executive-level strategy sessions to generate valuable insight to explore long-term options.</div> </li> <li> <div>Support the division&rsquo;s strategic and capital planning processes and its key strategic forums/discussions, gaining exposure to the most important priorities of the business.&nbsp;</div> </li> <li> <div>Develop detailed project plans and schedules, identify goals, objectives, risks, and resource allocation. Monitor project status for significant deviations in quality, cost, or schedule.&nbsp;&nbsp;</div> </li> <li> <div>Perform other related duties as required.</div> </li> </ul>
Requirements: <br /> <ul> <li> <div>Bachelor&rsquo;s Degree in related field required (e.g. Business, Economics, Finance, Actuarial Science, Healthcare Administration).</div> </li> <li> <div>Three (3) years experience managing projects in health insurance or closely related field.</div> </li> <li> <div>Consulting or professional service experience is preferred (e.g. management consulting, investment banking, finance, or corporate strategy experience).&nbsp;</div> </li> <li> <div>Exceptional analytical and quantitative problem-solving skills required, including financial modeling and quantitative assessment skills.</div> </li> <li> <div>Capable of structuring business problems, possessing knowledge of diverse strategic frameworks, and capable of applying frameworks to regular business problems and solutions.&nbsp;</div> </li> <li> <div>Must have comfort with ambiguity and uncertainty and possess the ability to manage multiple competing or vague priorities.&nbsp;</div> </li> <li> <div>Strong written and oral communication skills with confidence and ability to interact effectively with senior leaders.</div> </li> <li> <div>Analytical experience with financial models, data, and operations.</div> </li> <li> <div>Ability to work well with others as well as independently within a team environment.&nbsp;</div> </li> <li> <div>Strong Microsoft PowerPoint skills; proficient in MS Excel, MS Word, and other industry-standard PC applications and systems.</div> </li> <li> <div>Interface with various departments, senior management, and external individuals providing value and support for continuous improvement.&nbsp;</div> </li> <li> <div>Other related skills and/or abilities may be required to perform this job.</div> </li> </ul>