Elevance Health

Advanced Analytics Analyst Senior - Medical Economics

Chicago, Illinois, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
NoVisa
Healthcare, Health InsuranceIndustries

Position Overview

Position Title: Advanced Analytics Analyst Senior - Medical Economics Employment Type: Full time Anticipated End Date: 2025-08-08

Location

Location: Atlanta, GA; Norfolk, VA; Indianapolis, IN; Cincinnati, OH; Chicago, IL (preferred). This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered. PLEASE NOTE: This position is not eligible for current or future visa sponsorship.

Company Overview

Carelon Health is a proud member of the Elevance Health family of brands, offering clinical programs and primary care options for seniors. We are a team of committed clinicians and business leaders passionate about transforming American healthcare delivery.

Job Description

The Advanced Analytics Analyst Senior measures financial performance of core Carelon products leveraging claims, authorization, and membership data to tell a detailed story to respective business stakeholders. The Advanced Analytics Analyst Senior creates statistical models to predict, classify, quantify, and/or forecast business metrics. Design modeling studies to address specific business issues determined by consultation with business partners.

How You Will Make an Impact

  • Prepares analytical data sets in support of modeling studies.
  • Build, test, and validate statistical models.
  • Publishes results and addresses constraints/limitations with high-level business partners.
  • Proactively collaborates with business partners to determine identified population segments.
  • Develop actionable plans to enable the identification of patterns related to quality, use, cost, and other variables.

Minimum Requirements

  • Requires MS, MA, or PhD with concentration in a quantitative discipline such as statistics, computer science, cognitive science, economics, or operations research.
  • A minimum of 3 years direct experience programming large, multi-source datasets with SAS required.
  • A minimum of 3 years in health care setting; or any combination of education and experience which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences

  • Actuarial sciences background highly preferred.
  • Medical economics, provider finance, healthcare analytics, and/or financial services highly preferred.
  • Comprehensive understanding of medical claims data.
  • Intermediate to Advanced expertise with software such as SAS Stat, SAS ETS, SAS Enterprise Miner, or equivalents strongly preferred.
  • Proven ability to design modeling studies and experience with data models, addressing data quality issues in study design, and constructing robust and efficient analytical data sets strongly preferred.
  • Significant experience in a healthcare-related field strongly preferred.
  • The ability to present meaningful results to a business audience.
  • Ability to participate collaboratively in a team tasked to produce complex analyses on a rigorous schedule.
  • Strong written and verbal communication skills.
  • Ability to present to large multi-disciplinary audiences regularly strongly preferred.

Salary Information

Salary Range: $98,120 to $147,180 (for Chicago, IL location) In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

Skills

Advanced Analytics
Medical Economics
Claims Data
Authorization Data
Membership Data
Statistical Modeling
Data Analysis
Predictive Modeling
Classification Modeling
Forecasting
Quantitative Analysis
Business Intelligence

Elevance Health

Integrated health services and digital platform

About Elevance Health

Elevance Health focuses on enhancing the health of individuals throughout their lives by evolving from a traditional health benefits organization into a comprehensive health partner. The company serves over 118 million people, providing support at every stage of health through an integrated approach that addresses a wide range of health needs. Their services are backed by advanced capabilities and a digital health platform that streamlines access to care. Unlike many competitors, Elevance Health emphasizes a holistic view of health, aiming to redefine health and improve community well-being. The ultimate goal is to make health improvements accessible to everyone.

Indianapolis, IndianaHeadquarters
1944Year Founded
$309.4MTotal Funding
IPOCompany Stage
Enterprise Software, Social Impact, HealthcareIndustries
10,001+Employees

Benefits

Medical, dental, & vision insurance
401(k) + match
Paid holidays
Paid Time Off
Incentive bonus programs
Stock purchase plan
Life insurance
Wellness Programs
Financial education resources
Adoption & Surrogacy Assistance
Dependent-care Flexible Spending Account (DCFSA)
Parental Leave
Parental Transition Week
Critical Caregiving Leave

Risks

Departure of CFO John Gallina may create a gap in financial leadership.
Lawsuit against CMS over MA Star Ratings could lead to financial penalties.
CareBridge integration may face operational challenges, disrupting service delivery.

Differentiation

Elevance Health integrates whole health approach with digital health platform for comprehensive care.
Acquisition of CareBridge enhances home health services within Carelon division.
Strategic partnership with Clayton, Dubilier & Rice aims to innovate primary care delivery.

Upsides

AI integration in home health services can reduce hospital readmissions and improve outcomes.
Predictive analytics support early disease detection, aligning with Elevance's whole health approach.
Telehealth expansion offers opportunities to reach more patients remotely.

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