Principal Strategy & Innovation Consultant

Posted Yesterday
Be an Early Applicant
5 Locations
In-Office
130K-228K Annually
Expert/Leader
Fitness • Healthtech
The Role
Lead high-impact strategy and innovation engagements for a health care payer, advising senior leaders, developing execution plans, performing quantitative and qualitative analyses, forecasting market trends, and managing multiple projects and executive workshops to drive long-term enterprise growth.
Summary Generated by Built In

Principal Strategy & Innovation Consultant

Hybrid role (3 days/week in office) in our Portland, OR, Renton, WA, Boise, ID Salt Lake City, UT or Fargo, ND offices. Candidates must reside within commutable distance of that location or be willing to relocate.
Build a career with purpose. Join our Cause to create a person-focused and economically sustainable health care system.

Who We Are Looking For
Every day, Cambia's dedicated team of Strategy & Innovation Consultants is living our mission to make health care easier and lives better. As a member of the Strategy & Innovation team, our Principal Strategy & Innovation Consultants lead complex, high-impact strategy engagements, advise senior executives, and translate organizational goals into actionable plans – all in service of creating an economically sustainable health care system.

Do you thrive as a trusted thought partner to senior leaders, bringing clarity to complex strategic challenges? Do you have a passion for shaping the future of health care through rigorous analysis and innovative thinking? Then this role may be the perfect fit.

What You Bring to Cambia
Qualifications

•    Bachelor's degree required; Master's degree strongly preferred, or equivalent experience in Business, Economics, Healthcare, or a related field
•    Minimum of 10 years of professional experience in business strategy development, management consulting, healthcare strategy, or an equivalent combination of education and experience
•    Background similar to a principal-level role in a consulting firm

Skills and Attributes
•    Previous experience in business strategy development through management consulting, investment banking, or an in-house strategy team
•    Well-established strategy toolkit including research, quantitative analysis, qualitative synthesis, and written/oral communication
•    Comfort and facility with both quantitative and qualitative information
•    Executive-level presence and communication style, including content development and C-suite presentations
•    Ability to develop and cultivate relationships across all levels of the organization, particularly with senior leadership
•    Familiarity with healthcare industry trends and payor strategies highly desired
•    Experience translating business strategy into execution plans and assessing impact
•    Ability to develop project scope and plans to meet sponsor needs, manage multiple workstreams, and complete advanced analysis for complex projects
•    Effective skills in managing executive sponsor engagement, facilitating working sessions and decision meetings
•    Prior experience leading a portfolio of complex strategy engagements and balancing multiple projects simultaneously
•    Experience serving as a thought partner to senior executives, advising on business and organizational performance
•    Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired
What You Will Do at Cambia
•    Support overall corporate strategy and innovation planning with a focus on long-term enterprise growth
•    Partner in annual planning activities, translating organizational goals and objectives into initiatives, timelines, and actionable plans
•    Identify needed projects, scope project plans, and manage work end-to-end across the organization with limited guidance
•    Execute analytics frameworks to forecast market sizes, financial projections, ROIs, and other quantitative market trends relevant to strategic projects
•    Track key market trends and highlight implications for the organization and lines of business
•    Regularly present insights and recommendations to senior leaders and lead strategy workshops
•    Manage several projects simultaneously, effectively communicating priorities and timing to stakeholders

Pay ranges vary based on the candidate's work location. The expected hiring range depends on skills, experience, education, and training; relevant licensure / certifications; and performance history.

Oregon, Washington, Utah, and Idaho: The expected hiring range is

$148,750-201,250, the full salary range is $140,000-228,000 and the bonus target is 20%.

North Dakota: The expected hiring range is $146,150-197,732and the full salary range is $129,767-214,115.

About Cambia

Working at Cambia means being part of a purpose-driven, award-winning culture built on trust and innovation anchored in our 100+ year history. Our caring and supportive colleagues are some of the best and brightest in the industry, innovating together toward sustainable, person-focused health care.  Whether we're helping members, lending a hand to a colleague or volunteering in our communities, our compassion, empathy and team spirit always shine through.

Why Join the Cambia Team?

At Cambia, you can:  

  • Work alongside diverse teams building cutting-edge solutions to transform health care.  
  • Earn a competitive salary and enjoy generous benefits while doing work that changes lives.  
  • Grow your career with a company committed to helping you succeed. 
  • Give back to your community by participating in Cambia-supported outreach programs.  
  • Connect with colleagues who share similar interests and backgrounds through our employee resource groups.  

We believe a career at Cambia is more than just a paycheck – and your compensation should be too. Our compensation package includes competitive base pay as well as a market-leading 401(k) with a significant company match, bonus opportunities and more.  

In exchange for helping members live healthy lives, we offer benefits that empower you to do the same. Just a few highlights include: 

  • Medical, dental and vision coverage for employees and their eligible family members, including mental health benefits. 
  • Annual employer contribution to a health savings account.  
  • Generous paid time off varying by role and tenure in addition to 10 company-paid holidays. 
  • Market-leading retirement plan including a company match on employee 401(k) contributions, with a potential discretionary contribution based on company performance (no vesting period). 
  • Up to 12 weeks of paid parental time off (eligibility requires 12 months of continuous service with Cambia immediately preceding leave). 
  • Award-winning wellness programs that reward you for participation. 
  • Employee Assistance Fund for those in need. 
  • Commute and parking benefits. 

Learn more about our benefits. 

We are happy to offer work from home options for most of our roles. To take advantage of this flexible option, we require employees to have a wired internet connection that is not satellite or cellular and internet service with a minimum upload speed of 5Mb and a minimum download speed of 10 Mb.

We are an Equal Opportunity employer dedicated to a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.

If you need accommodation for any part of the application process because of a medical condition or disability, please email [email protected]. Information about how Cambia Health Solutions collects, uses, and discloses information is available in our Privacy Policy.

Skills Required

  • Bachelor's degree
  • Master's degree
  • Minimum of 10 years professional experience in business strategy development, management consulting, healthcare strategy, or equivalent
  • Background similar to a principal-level role in a consulting firm
  • Proven strategy toolkit: research, quantitative analysis, qualitative synthesis, written and oral communication
  • Executive-level presence and C-suite presentation experience
  • Ability to develop project scope and plans, manage multiple workstreams, and deliver advanced analysis for complex projects
  • Experience translating business strategy into execution plans and assessing impact
  • Effective skills managing executive sponsor engagement, facilitating working sessions and decision meetings
  • Experience leading a portfolio of complex strategy engagements and balancing multiple projects
  • Familiarity with healthcare industry trends and payor strategies
  • Experience with AI tools and technologies to enhance productivity and decision-making
  • Reside within commutable distance of specified office locations or be willing to relocate
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The Company
HQ: Portland, OR
4,123 Employees

What We Do

Cambia Health Solutions is a family of companies headquartered in Portland, Oregon, working to create a person-focused and economically sustainable healthcare system. Discover how Cambia’s dedication to cutting-edge innovation and positive transformation is helping change the healthcare industry. Through our health plans, innovative technology and strategic investments, we are delivering consumer-centric solutions that: • help people achieve better health and well-being • make health care more available, affordable and accessible • are easily understood by everyone We put people at the heart of everything we do. Our company reaches more than 70 million Americans nationwide, including more than two million people in the Pacific Northwest who are enrolled in our regional health plans.

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