Insurance Strategy Consultant

Become a part of our caring community and help us put health first
 Humana, a Fortune 50 Healthcare Company
Humana is a publicly traded, Fortune 50 healthcare company with a long history of successful innovation and reinvention. It has transformed itself from the largest US nursing home company in the 60’s, to the largest US hospital corporation in the 80’s, to a leading health benefits company beginning in the 90’s. Today, Humana is a leader in consumer-focused health solutions and is one of the largest health benefits organizations in the country.

Location: remote

The Insurance Strategy team supports Humana’s Insurance business unit. This business unit, Humana’s largest, comprises the majority of the company’s total revenue and earnings. Team members partner with the senior leaders of the business unit, and more broadly with leaders throughout the enterprise, as they deliver strategy projects addressing some of the businesses most important opportunities and challenges. These high-profile strategy projects place the team at the forefront of helping to define the future of Humana’s largest businesses.
Humana is seeking a team member with prior management consulting experience or professional experience leveraging core consulting skills to support delivering high priority projects and initiatives across our insurance products (including Medicare, Medicaid, Med Supp, PDP, and others), with an emphasis on Medicare Advantage strategy development. As an Insurance Strategy Consultant, you will deconstruct issues and challenges, perform targeted research and analysis, and craft sound, logical solutions and recommendations. You will also shape implementation considerations, and work with business owners as appropriate to transition analysis into execution. While deep diving into key areas, you will also have a bird’s-eye view of the business unit’s overall strategy. Your role be instrumental in synthesizing the strategic choices being made across the business unit into coherent plans to drive growth and profitability, while simultaneously improving the lives and health of Humana’s members. While doing so, you will have the opportunity to collaborate with fellow team members, subject matter experts, members of Humana’s executive Management Team, and corporate, functional, and business unit leaders.
Recent example projects include assessing the performance of strategic initiatives and business areas, evolving key facets of the Medicare Advantage growth strategy, leading the development of the annual Medicare Advantage strategic plan, and refreshing the strategy for Humana’s sales organization.

Key responsibilities include:

• Delivering high quality analysis and deliverables that clearly frame objectives, issues/challenges, and articulate compelling, insightful findings, conclusions, and recommendations

• Managing and delivering analysis and workstreams within high-profile, high-impact strategy projects

• Developing high quality, insightful, and clear analysis and deliverables for Humana’s executive management team and Board of Directors

• Developing hypotheses to be validated or refined through targeted research and analysis

• Conducting interviews and working sessions with stakeholders across the company

• Conducting industry, market, competitor, and financial analysis

• Working collaboratively with fellow team members and leaders across the company

• Leading critical processes to prepare leadership for interactions with Humana’s executive Management Team and Board of Directors  

• Being a steward of the strategy team’s operating model, norms and ways of working

• Coordinating and overseeing key meetings to ensure key topics and decisions are communicated to leadership in a timely manner

• Defining and developing opportunities for strategic alignment and consistent reporting across the business segment

• Designing and monitoring key metrics and the reporting cadence across the organization

• Working across operational units to execute strategic planning process and quarterly refinement

Use your skills to make an impact
 

Required Qualifications

• Bachelor’s degree

• 2+ years of full-time work experience with a leading management consulting firm and/or 3+ years of professional experience in a role that required core consulting skills

• Demonstrated ability to manage analysis and work streams

• Excellent verbal and written communication abilities

• Highly collaborative, flexible, team-oriented working style

• Strong problem-solving skills and the ability to perform complex qualitative and quantitative analysis

• Demonstrated ability working within a matrixed environment

Preferred Qualifications

• MBA, MPH, PhD, or graduate degree in a management field

• Prior healthcare industry experience, preferably in the managed care or provider sector

Reporting Relationships

The role reports to a Principal within the Strategy team, works collaboratively with leaders and members of rest of the team, and with senior leadership throughout the enterprise.

Scheduled Weekly Hours

40

Pay Range

The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

$86,300 - $118,700 per year

This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.

Description of Benefits

Humana, Inc. and its affiliated subsidiaries (collectively, “Humana”) offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.Application Deadline: 12-14-2024
About us
 Humana Inc. (NYSE: HUM) is committed to putting health first – for our teammates, our customers and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.

Equal Opportunity Employer

It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or veteran status. It is also the policy of Humana to take affirmative action to employ and to advance in employment, all persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.