Operational Excellence Analyst III (Prefer Hybrid)

Posted 2 Days Ago
Be an Early Applicant
Dayton, OH, USA
In-Office
72K-116K Annually
Senior level
Healthtech • Insurance
The Role
Lead oversight and monitoring of operations regulatory requirements, SOC-1 controls, and HEDIS initiatives. Mentor analysts, perform quality reviews and audits of claims and provider processes, analyze findings, produce reports with recommendations, and drive process-improvement initiatives while tracking related financial impacts.
Summary Generated by Built In

Job Summary:

Operational Excellence Analyst III is responsible to take a leading role in the oversight and monitoring of Operations regulatory requirements, and Service Organization Control-1 (SOC-1) controls. Hybrid schedule: In Dayton office on Wed/Thurs. Work remote the other days.

Essential Functions:

  • Take a leading role in the oversight and monitoring of Operations specific HEDIS initiatives and accreditation requirements
  • Interpret regulatory requirements to identify gaps and drive improvements
  • Demonstrate leadership ability, including mentoring Operational Excellence Analysts  to identify and perform oversight and monitoring of Claims, Provider Appeals, Provider Services (claims processing only), Provider Life Cycle and Enrollment processes
  • Generate comprehensive, clear, concise, and in-depth reporting and analysis and provide recommendations based on findings
  • Conduct monthly quality reviews with the Operations Management team
  • Work under limited supervision with considerable latitude for initiative and independent judgement
  • Performs a variety of reviews or evaluations that are usually without precedent and requires the use of advanced techniques in gathering and evaluating pertinent data
  • Work cross-functionally with the Operations Management team to identify risks, controls, and process gaps and drive improvements Identify and lead process-improvement initiatives
  • Track financial savings related to process improvements
  • Track financial cost related to outages and process issues
  • Perform any other job duties as requested

Education and Experience:

  • Bachelor of Science/Arts, or equivalent years of relevant work experience is required
  • Minimum of five (5) years of health care operations experience in insurance, managed care, or related industry is required

Competencies, Knowledge and Skills:

  • Intermediate proficiency level with Microsoft Office suite, including Microsoft Project, Visio and Minitab is preferred
  • Advanced troubleshooting and problem-solving capabilities
  • Data analysis and process mapping preferred
  • Overall knowledge and understanding of Operations-related systems, technical specifications and processes is preferred
  • Solid understanding of claims processing
  • Ability to conduct oversight, monitoring, and auditing of operational areas
  • Ability to understand and translate SOC-1, accreditation and regulatory requirements
  • Ability to document and maintain business and system requirements including process flows  
  • Ability to analyze processes and produce recommendations for improvements
  • Excellent oral, written, and interpersonal communication skills
  • Ability to manage time effectively
  • Effective relationship management skills
  • Effective organization and prioritization skills
  • Effective facilitation and interpersonal skills
  • Strong critical thinking and problem resolution skills

Licensure and Certification:

  • Six Sigma Green or Black Belt is preferred

Working Conditions:

  • General office environment; may be required to sit or stand for extended periods of time
  • May be required to travel, estimated at less than 10%

Compensation Range:

$72,200.00 - $115,500.00

CareSource takes into consideration a combination of a candidate’s education, training, and experience as well as the position’s scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. In addition to base compensation, you may qualify for a bonus tied to company and individual performance. We are highly invested in every employee’s total well-being and offer a substantial and comprehensive total rewards package.

Compensation Type (hourly/salary):

Salary

Organization Level Competencies

  • Fostering a Collaborative Workplace Culture

  • Cultivate Partnerships

  • Develop Self and Others

  • Drive Execution

  • Influence Others

  • Pursue Personal Excellence

  • Understand the Business


 

This job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer. We are dedicated to fostering an environment of belonging that welcomes and supports individuals of all backgrounds.#LI-SD1

Skills Required

  • Bachelor's degree or equivalent years of relevant work experience
  • Minimum of five (5) years of health care operations experience in insurance, managed care, or related industry
  • Solid understanding of claims processing
  • Ability to conduct oversight, monitoring, and auditing of operational areas
  • Ability to understand and translate SOC-1, accreditation and regulatory requirements
  • Ability to document and maintain business and system requirements including process flows
  • Excellent oral, written, and interpersonal communication skills
  • Advanced troubleshooting and problem-solving capabilities
  • Intermediate proficiency with Microsoft Office suite (including Microsoft Project, Visio, Minitab)
  • Data analysis and process mapping experience
  • Six Sigma Green Belt or Black Belt

CareSource Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CareSource and has not been reviewed or approved by CareSource.

  • Strong & Reliable Incentives Bonuses are regularly available and serve as a meaningful part of total compensation. Annual performance-based awards are considered a strong component.
  • Leave & Time Off Breadth PTO starts around four weeks and increases with tenure, complemented by paid holidays and a floating day. Volunteer time expands the available leave options.
  • Affordable Benefits Health plan options are considered affordable, supported by wellness incentives that can reduce premiums. Coverage breadth includes medical, dental, vision, and cost‑lowering programs.

CareSource Insights

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The Company
HQ: Dayton, OH
3,668 Employees

What We Do

Health Care with Heart. It is more than a tagline; it’s how we do business. CareSource has been providing life-changing health care to people and communities for nearly 30 years and we will continue to be a transformative force in the industry by placing people over profits. CareSource is and will always be members first. Even as we grow, we remember the reason we are here – to make a difference in our members’ lives by improving their health and well-being. Today, CareSource offers a lifetime of health coverage to nearly 2 million members through plan offerings including Marketplace, Medicare Advantage and Medicaid. With our team of 4,000 employees located across the country, we continue to clear a path to better life for our members. Visit the "Life"​ section to see how we are living our mission in the states we serve. CareSource is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, age, national origin, disability, sexual orientation, gender identity, genetic information, protected veteran status or any other characteristic protected by applicable federal, state or local law. If you’d like more information about your EEO rights as an applicant under the law, please click here: https://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf and here: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf Si usted o alguien a quien ayuda tienen preguntas sobre CareSource, tiene derecho a recibir esta información y ayuda en su propio idioma sin costo. Para hablar con un intérprete, Por favor, llame al número de Servicios para Afiliados que figura en su tarjeta de identificación. 如果您或者您在帮助的人对 CareSource 存有疑问,您有权 免费获得以您的语言提供的帮助和信息。 如果您需要与一 位翻译交谈,请拨打您的会员 ID 卡上的会员服务电话号码

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