Performance Management Associate

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

keywords: professional,teamwork,business acumen,analysis,communication,support,maintain,leadership,finance,experience,degree,knowledge,skills


Competitive Total Compensation Package

Overview: <p>Blue Cross Blue Shield of Michigan is seeking to add a Performance Management Associate to its existing team. This team is responsible for developing corporate goals and delivering relevant and timely intelligence and performance information to BCBSM leadership. As part of the Performance Management team you will spend most of your time performing analyses, modeling scenarios, synthesizing internal performance information, and creating presentations for executive and board-level audiences. The Performance Management Associate role requires close collaboration with various stakeholders in the business and executive leadership to develop performance insight and solicit organizational buy-in. This is a high exposure role that requires both business acumen and an ability to generate analytical and performance insights.<br /><br />The Performance Management Associate is responsible for making recommendations on highly consequential matters, with long-term implications for the organization including setting enterprise priorities, and assessment of strategic investments and partnerships. A Performance Management Associate considers market trends and changes, identify, prioritize and develop metrics to enable the future state of Blue Cross Blue Shield of Michigan, Blue Care Network and its subsidiaries.</p>
Responsibilities: <ul> <li>Frame and drive thorough analysis to develop recommendations to leadership.</li> <li>Support teammates in leading the business through dashboard development and on to execution.</li> <li>Develop statistical and financial models in Excel and other tools to project the impact of market events, competitor actions, strategic initiatives, and new business opportunities on metrics such as membership, cost to serve, and margin; evaluating potential actions and developing recommendations.</li> <li>Create executive level presentations and correspondence to communicate recommendations to executive leadership and the Board of Directors.</li> <li>Maintain a point of view on where the health care industry is headed, and provide a perspective on how BCBSM should respond in light of changing industry trends.</li> <li>Understand the economic and financial drivers of our business, and ensure that financial perspective is articulated within business plans.</li> <li>Act as a thought partner to enterprise leadership in the development and prioritization of long-term goals.</li> </ul> <p><strong>THE SELECTED CANDIDATE WILL:&nbsp;</strong></p> <ul> <li>Have a keen attention to detail necessary to measure and report corporate goal performance to the CEO, executive staff, and Board of Directors.</li> <li>Support the design and development of the corporate goals, metrics, and framework.</li> <li>Advanced quantitative analysis skills to perform financial modeling, claims analysis, competitor analysis, and complex statistical analysis.</li> <li>Have the necessary software, communication skills and detail-orientation to create executive level presentations and correspondence for executive leadership and the Board of Directors.</li> </ul>
Requirements: <p><strong>EDUCATION AND/OR EXPERIENCE</strong></p> <ul> <li>Bachelor&rsquo;s degree required with a major in business, public health, policy, or mathematics preferred.</li> <li>Three (3) or more years of experience in related field required. Health care industry experience strongly preferred.</li> <li>Previous experience in management consulting, investment banking, policy, or corporate strategy at a complex organization highly desired.</li> </ul> <p><strong>QUALIFICATIONS</strong></p> <p>To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.</p> <p><strong>OTHER SKILLS AND ABILITIES</strong></p> <ul> <li>Intellectual curiosity.</li> <li>Structured and logical thinker with advanced analytical and problem-solving skills.</li> <li>Advanced written communication ability necessary to develop and frame a story line to communicate strategic ideas.</li> <li>Advanced quantitative skills and ability to interpret data from multiple sources; ability to synthesize complex data, information and reports into clear and simple ideas.</li> <li>Intermediate oral communication skills.</li> <li>Expert proficiency with Microsoft Office software (PowerPoint, Excel, and Word) required.</li> <li>Ability to work independently within a team environment, occasionally giving direction to others within the department and cross-functionally on a project basis.</li> <li>Ability to effectively interface with employees at all levels, developing agendas and leading meetings at times.</li> <li>Comfort with large data sets, data modeling and interpretation preferred.</li> </ul>