Job Description

Job Title: Senior Health Economics Analyst
Job ID: 666141
Status: Full-Time
Regular/Temporary: Regular
Hours:
Shift: Day Job
Facility: UPMC Health Plan
Department: HEALTH ECONOMICS
Location: 600 Grant St, Pittsburgh PA 15219

Description

Purpose:
Manage comprehensive analysis of data and information for various UPMC Health Plan products and programs. Health Economics Analyst will take a leadership role in the enhancement, development, documentation, and communication of identified variances and assessment of strategic opportunities. To successfully perform the role, the Health Economics Analyst must be highly professional and understand the causes of financial & clinical trends and anomalies. The Health Economics Analyst must use their knowledge and understanding of financial, clinical and other information generated by numerous sources to identify opportunities to improve clinical and financial performance. Furthermore, the position requires the ability to articulate these opportunities to internal and external audiences, implement the solutions, and track and monitor progress. These functions must be done while also weighing the practical considerations and potential barriers that need to be overcome in order to successfully implement new programs and processes.

Responsibilities:
  • Demonstrate attention to detail and initiative in discovering errors in data or analyses, or determining the need for additional, follow-up analysis arising from the original assignment.
  • Develop knowledge and expert understanding of all products and benefit designs of UPMC Health Plan insurance offerings, across all lines of business, to facilitate analysis.
  • Health Economics is a fluid, dynamic, fast-paced environment. The successful employee is comfortable with ambiguity in priorities and is able to maintain professionalism and a team-player attitude in the face of analytical challenges of moderate-to-high complexity.
  • Independently prioritize and manage 3-to-5 advanced quantitative and/or statistical analytics projects simultaneously, while receiving regular supervision.
  • Independently, or in teams, produce a combination of quantitative financial analysis and clinical utilization analysis to produce new insights into drivers of Health Plan performance.
  • Produce customer-oriented reports that provide business context for the analysis and recommendations, requiring only moderate revision by the supervisor or analytics communications team.
  • Routinely analyze financial and clinical results, including output from predictive models.
  • Routinely apply advanced data extraction and manipulation skills, complex analysis methods, statistical analysis, and data visualization tools to daily work.
  • The HEA � Senior will consistently demonstrate a strong customer orientation, producing analyses on-time and communicating results effectively.
  • The quantitative analyst will also become increasingly familiar with basic medical claims terminology in order to properly interpret, through the application of quantitative analytics, the impact of care delivery and finance on Health Plan performance.

Qualifications

  • Minimum: Bachelor's degree in business, mathematics, statistics, health care management, decision sciences, or a similar, quantitative field. Master's degree preferred. 
  • Minimum of three-to-five years of work experience in a quantitative job function; six years are preferred. 
  • Demonstrated expertise in particularly-relevant analytical methods or health care business domain (payer/provider) may reduce time-in-position requirements. 
  • The successful Health Economics Analyst Senior can apply analytical and statistical software tools to produce complex, quantitative analyses of the health insurance industry. 
  • Work typically includes the use of statistical analyses, predictive models, or dynamic business models. 
  • Demonstrate consistent application of strong problem solving skills in the creation and interpretation of quantitative analyses, and to assist the supervisor in development of analysis plans. 
  • Interpret and communicate to management and colleagues, verbally and through written reports, the results of complex, quantitative analysis. 
  • Prior experience with financial and/or clinical modeling or data analysis is required. 
  • Demonstrate prior application of analytics methods specifically to health insurance or health care delivery industry data at the intermediate level.  
  • Ability to leverage leading-edge analytics experience gained in other industries (e.g., population segmentation, risk analysis, optimization analytics, real-time analytics) to advance health care analytics will be strongly considered in lieu of health care experience. 
  • General knowledge of business and economic principles strengthens the application. 
  • The successful Health Economics Analyst Senior will have Intermediate-level experience using SQL, SAS, or R to conduct analysis. 
  • Demonstrated application of a similar programming language or analysis tool such as SPSS, STATA, or C++ may also be acceptable. 
  • The ability to extract and manipulate data from large, complex data sets with only occasion supervision necessary.  
  • The ability to independently apply multiple advanced quantitative analytics, business modeling, and intermediate statistical analysis methods, with occasional supervision. 
  • The Health Economics Analyst Senior will routinely use the most advanced quantitative features of Excel as a lower-level tool to supplement the use of advanced analysis tools.  
  • Data visualization experience using software packages such as Tableau or ArcGIS is highly desirable, and application to work is expected on a regular basis.

Licensure, Certifications, and Clearances:
UPMC is an equal opportunity employer. Minority/Females/Veterans/Individuals with Disabilities

Salary Range: $30.89 to $52.76

Union Position: No

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