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College Co-op: Product Analyst

Blue Cross and Blue Shield Association

  • Philadelphia, PA
  • 6 days ago

    Highlights

    The co-op will assist with evaluating market and competitive trends, supporting product and benefit design initiatives, analyzing membership and performance data, and coordinating strategic projects across departments, including Actuarial, Clinical, Network, Finance, Operations, Compliance, and Sales. The team collaborates with internal and external stakeholders to ensure operational readiness for January 1 launches and manages the CMS application and bid submission process to maintain compliance across the PA5 and NJ7 service areas.

    Numbers & Facts

    LocationPhiladelphia, PA
    IndustryInsurance
    Company Size2,000 to 2,499 employees
    Websitehttps://www.bcbs.com/about-us/careers

    Description

    About the Hiring Department

    The Government Markets Product Team oversees the annual product portfolio lifecycle, including the design and implementation of core medical, Part D, and supplemental benefits. The team collaborates with internal and external stakeholders to ensure operational readiness for January 1 launches and manages the CMS application and bid submission process to maintain compliance across the PA5 and NJ7 service areas.

    Co-op Job Description

    The Product Analyst Co-op will support the development, implementation, and ongoing management of Medicare Advantage and Prescription Drug products. This role provides exposure to healthcare strategy, product development, market analysis, regulatory requirements, and cross-functional project management.

    The co-op will assist with evaluating market and competitive trends, supporting product and benefit design initiatives, analyzing membership and performance data, and coordinating strategic projects across departments, including Actuarial, Clinical, Network, Finance, Operations, Compliance, and Sales.

    Key Responsibilities

    • Conduct market, competitive, and regulatory research to support Medicare product strategy.
    • Analyze product performance, membership, and financial data to identify trends and opportunities.
    • Support annual product development, bid planning, and implementation activities.
    • Develop executive presentations, business cases, and strategic recommendations.
    • Assist with project management activities, including tracking deliverables, risks, and dependencies.
    • Participate in cross-functional meetings and document key outcomes and action items.
    • Support initiatives focused on growth, member experience, operational efficiency, and business performance.

    This position offers hands-on experience in a fast-paced healthcare environment while providing meaningful exposure to strategic decision-making and product management.

    Required Skills

    Technical Skills

    • Strong analytical and problem-solving skills.
    • Proficiency in Microsoft Excel, including data analysis, formulas, and pivot tables.
    • Experience using Microsoft PowerPoint to create professional presentations.
    • Ability to organize, interpret, and summarize data from multiple sources.
    • Familiarity with data visualization and reporting tools is a plus (e.g., Power BI, Tableau).
    • Ability to conduct research and translate findings into actionable insights.

    Non-Technical Skills

    • Strong written and verbal communication skills.
    • Ability to synthesize complex information into concise, audience-appropriate recommendations.
    • Strong organizational skills and attention to detail.
    • Ability to manage multiple priorities and meet deadlines.
    • Intellectual curiosity and a willingness to learn about healthcare and Medicare programs.
    • Collaborative mindset with the ability to work effectively across teams and functions.
    • Professionalism, initiative, and a proactive approach to problem-solving.
    • Comfort presenting ideas and recommendations to business stakeholders.

    Accepted Majors

    • Business Administration
    • Healthcare Administration
    • Health Policy
    • Public Health
    • Marketing
    • Finance
    • Economics
    • Data Analytics
    • Management Information Systems (MIS)

    Classification

    • Junior or Senior
    • Recent graduate (must be within one year of the program start date)

    GPA Requirement

    • 3.4 +

    Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.

    About Company

    At the Blue Cross and Blue Shield Association (BCBSA), we provide business strategy, technical support and consulting expertise to 36 Blue Cross and Blue Shield companies across the nation, employing more than 1,000 of the best strategic thinkers in the industry. We are a Brand manager that sets quality control standards for the 36 independent companies that use the Blue Cross and Blue Shield Brands, and we serve as a trade association that represents these Blue companies. It is through our involvement that the Blues companies share a united vision and strategy while also benefiting from the local strength of all member companies.

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