Strategy Associate - HPB at Blue Cross Blue Shield of Michigan in Detroit, Michigan

Job Description:

The Strategy Associate-Health Plan Business will be part of the division’s Strategy team responsible for shaping and driving strategies for Blue Cross Blue Shield of Michigan’s (BCBSM) Health Plan Business (HPB) division.

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  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.
  


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  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.
  


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  Develop cross-functional work plans and deliverables to a diverse set of executive audiences.
  


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  Facilitate executive-level strategy sessions to generate valuable insight to explore long-term options.
  


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  Support the division’s strategic and capital planning processes and its key strategic forums/ discussions, gaining exposure to the most important priorities of the business. 
  


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  Develop detailed project plans and schedules, identify goals, objectives, risks and resource allocation. Monitor project status for significant deviations in quality, cost or schedule.  
  


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  Perform other related duties as required.
  

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  Bachelor’s Degree in related field required (e.g., Business, Economics, Finance, Actuarial Science, Healthcare Administration).
  


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  Three (3) years experience managing projects in health insurance or closely related field.
  


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  Consulting or professional service experience is preferred (e.g., management consulting, investment banking, finance, or corporate strategy experience). 
  


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  Exceptional analytical and quantitative problem-solving skill required including financial modeling and quantitative assessment skills.
  


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  Capable of structuring business problems, possessing knowledge of diverse strategic frameworks and capable of applying frameworks to regular business problems and solutions. 
  


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  Must have comfort with ambiguity and uncertainty and possess the ability to manage multiple competing or vague priorities. 
  


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  Strong written and oral communication skills with confidence and ability to interact effectively with senior leaders.
  


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  Analytical experience with financial models, data, and operations.
  


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  Ability to work well with others as well as independently within a team environment. 
  


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  Strong Microsoft PowerPoint skills; proficient in MS Excel, MS Word, and other industry standard PC applications and systems.
  


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  Interface with various departments, senior management and external individuals providing value and support for continuous improvement. 
  


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  Other related skills and/or abilities may be required to perform this job.
  

All qualified applicants will receive consideration for employment without regard to, among other ground, race, color, religion, sex, national origin, sexual orientation, age, gender identity, protected veteran status or status as an individual with a disability.