Business Analytics Associate – Provider Contracting, Network Analytics

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The Cigna Group

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1982

⚕️ Healthcare Insurance

💊 Pharmaceuticals

Healthcare Insurance • Pharmaceuticals

The Cigna Group is a global health company committed to improving the health and vitality of its clients, customers, and patients. With its two divisions, Cigna Healthcare and Evernorth Health Services, the company focuses on enhancing quality of life through healthcare services and pharmacy benefits management. The Cigna Group is dedicated to ethical practices in healthcare and artificial intelligence, and strives to create positive change in the healthcare system. It also emphasizes its Environmental, Social, and Governance (ESG) responsibilities, aiming to impact health equity and foster innovation in healthcare delivery.

📋 Description

• Provide analytical and strategic support of health care provider rate negotiations • Effectively influence contracting in a strategic fashion and offer meaningful options during negotiations with a healthcare provider • Proactively identify opportunities for unit cost improvement and engage contracting to build these into negotiations and plan where appropriate • Provide ad-hoc analysis and deep dives into data as appropriate to support negotiations and provide value to our contracting partners • Analyze reports and present findings and recommendations to business partners at various levels of the organization • Contribute to the provider unit cost planning process • Influence contractors to establish targets that meet or exceed corporate objectives and ensure strong competitive positioning • Keep management informed as to the progress of financial planning and proactively identify risk and opportunities for meeting the plan results • Maintain strong communication with other analysts to identify new opportunities and share best practices • Mentor and train business partners and other analysts

🎯 Requirements

• Bachelor's degree in Statistics, Mathematics, Economics, Health Policy Analysis, Finance, or other related field of study • Knowledge of standard medical coding including CPT-IV, ICD-10, DRG, revenue codes, and HCPCS preferred • 2+ years of experience with health care data analysis preferred • Experience with trend analysis and health care provider contract analysis preferred • Familiarity with various data mining and reporting tools such as Microsoft Excel, Microsoft Access, or SAS/SQL language • Strong analytical and problem-solving skills with the ability to validate and interpret results • Ability to independently perform data analysis while managing multiple projects and meeting strict deadlines • Ability to influence and drive strategic planning, action plan development, and execution of plans through engagement of business partners, education on key drivers and actionable levers, and thorough understanding of market-level dynamics • Strong communication skills to include written, oral, and group presentation • Understanding of managed care business processes, data, systems, and applications for claims payment, enrollment, benefit design, and utilization management

🏖️ Benefits

• medical, vision, dental, and well-being and behavioral health programs • 401(k) • company paid life insurance • tuition reimbursement • a minimum of 18 days of paid time off per year • paid holidays • leaves of absence