The Manager, Analytics is a thought leader within the organization combining a strong analytical foundation with strategy. The manager of analytics will lead a team of analytics responsible for modeling for all provider and payer contracting, value-based reimbursement design, quality, healthcare economics, as well as ongoing financial performance monitoring, budgeting, and forecasting.
This is a full-time role located in Buffalo, NY.
Key Duties and Responsibilities:
* Consistently observes safety and security procedures. Reports potentially unsafe conditions to appropriate personnel.
- Lead team of analysts including recruiting, selecting, orienting, and training employees. Develops personal growth opportunities. Accomplishes staff results by communicating job expectations; planning, monitoring, and appraising job results.
- Oversee development of analyses that deliver effective decision-making support by analyzing complex financial information, forecasting business, industry, and economic conditions, and presenting implications and innovative solutions to senior management as well as supporting development of long-range goals and plans related to IPA growth and expansion
- Support Director of Finance and Analytics and/or VP of Finance and Operations in generating a strategic plan for financial profitability and negotiating arrangements with payers to meet the goals of the strategic plan
- Responsible for tracking the performance income/losses generated through payer contracts, including provider contracting & incentive alignment
- Support, and at times lead, special projects and ongoing performance improvement, growth, and population health initiatives across the enterprise
- Supports Director of Finance by participating in payer contract negotiations as needed and will be responsible for developing payer contract strategy, terms, and negotiation points as applicable.
- Responsible for assessment of financial risk and proposing mitigation plans to senior leadership and establishing and monitoring of approved mitigation plans.
- Design and develop analytic models using Excel and Tableau for value-based reimbursement programs both with payers and providers, across multiple business lines, including Commercial, Medicare Advantage, Medicaid, and Government Programs
- Partner with Information Technology team on data technology.
- Creates and implements methodology using multiple techniques to forecast the financial performance of value-based contracts. This can include probability and statistics or actuarial techniques
- Develop and foster internal relationships across the corporation. Provide analytic and consultative support to a broad spectrum of internal customer areas and external business partners.
- Provide reasoning for variances and make recommendations relative to the accounting of reserves, assets, and expenditures.
- Provides analytical support for value-based programs, including independently monitoring/measuring the performance of the initiatives by leveraging utilization, financial, clinical, and benchmark data from multiple internal and external sources. Will perform analysis, summarize results, and oversee value-based payments
- Other duties as assigned
Minimum and Preferred Requirements:
- Bachelor's degree in mathematics, actuarial, finance, business, or related field, or comparable experience required.
- 5 years' experience in healthcare or insurance analytics required.
- 5 years' experience managing people, teams, and processes required.
- Proficient with SQL, Excel, Tableau or Power BI required.
- Must be skilled in Microsoft suite required:
- Excel - Expert
- PowerPoint - Proficient
- Word - Proficient
We offer an outstanding benefits package including health, dental, 401K, vacation, PTO, and a great working environment.
Pay range $85,911.54 to $118,108.09
The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job’s compensation range and determined by considering factors including, but not limited to, market data, education, experience, qualifications, and expertise of the individual, as well as internal equity considerations.
Equal Employment
Our culture encourages individual development, embraces an inclusive environment, rewards innovative excellence, and leads New York in provider and patient satisfaction. Great Lakes Integrated Network IPA (GLIN IPA) values diversity, inclusion, and equity as matters of fairness and effectiveness. We are committed to hiring and retaining a staff that reflects the diversity of our communities, fostering an inclusive working environment where staff of all backgrounds feel welcomed and engaged.
Great Lakes Integrated Network is an Equal Opportunity Employer