Risk Adjustment Business Development Manager

Posted 3 Hours Ago
Be an Early Applicant
9 Locations
In-Office
Senior level
Healthtech
The Role
Lead development of business strategies for government risk adjustment (Medicaid/Medicare), analyze and document risk scores, improve risk methodology, manage vendor relationships, perform competitor and market analysis, create strategic business plans, oversee projects and mentor junior staff to optimize revenue accuracy.
Summary Generated by Built In

Anticipated End Date:

2026-06-26

Position Title:

Risk Adjustment Business Development Manager

Job Description:

Location: Indianapolis IN, Mason OH, Atlanta GA, Tampa FL, Grand Prairie TX, Louisville KY, St. Louis MO

Hours: Standard Working hours

Travel: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

Position Overview:

Responsible for leading the development of new business plans/strategies for Government Business Risk Adjustment initiatives. Responsibilities will include Medicaid specific risk adjustment and specialty revenue assignments; Medicare Advantage [Duals] vendor interaction; risk adjustment program enhancement; and all Revenue initiatives. 

How You Will Make an Impact:

  • Responsibilities include but are not limited to: Medicaid Risk methodology letters; Rate Cell Methodology letters; Risk adjustment scores analysis and scores documentation accuracy; state specific CDPS models; creation of advanced programs to address risk score accuracy; competitor intelligence.

  • Leads the analysis of current and projected product lines to determine optimal business strategy

  • Oversees research, analysis and the development of recommendations on the external environment as part of the development of strategic business plans

  • Analyzes major competitor strategies. Identifies and monitors changing patterns of competition and recommends response

  • Acquires and maintains data/information on market, industry, economic, consumer and competitive conditions and trends pertaining to health insurance/managed care and related services

  • Consolidates data, analyses and recommendations into concise business plans

  • Develops and implements project plans and oversees project resources

  • Leads the activities of lower level staff performing related functions

Required Qualifications:

  • Requires a BA/BS degree and a minimum of 5 years of related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Qualifications:

  • Medicaid and Medicare Experience is a must have

  • Healthcare Risk Adjustment experience strongly preferred

  • Vendor Management experience preferred

  • Strong communication skills with various levels of organization preferred

Job Level:

Non-Management Exempt

Workshift:

1st Shift (United States of America)

Job Family:

BUS > Business Dev/Growth

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.


Who We Are

Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.


How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.


We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.


Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.


The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.


Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process should submit the following form: Accessibility Accommodation Request Form and a member of the team will be in contact. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.


Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.


NOTE: Workday keeps job postings active through 11:59:59 PM on the day before the listed end date. Example: If the end date is 3/13, the posting will automatically come down on 3/12 at 11:59:59 PM. In other words — the job is posted until 3/13, not through 3/13.

Skills Required

  • BA/BS degree or equivalent combination of education and experience
  • Minimum of 5 years of related experience
  • Medicaid and Medicare experience
  • Healthcare risk adjustment experience
  • Vendor management experience
  • Strong communication skills across organizational levels

Elevance Health Compensation & Benefits Highlights

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

  • Strong & Reliable Incentives Bonuses are often described as “awesome,” and incentive programs are positioned as a meaningful contributor to total rewards beyond base pay. Regular bonus and raise cycles are also associated with sustained earnings increases over multiple years in some roles.
  • Parental & Family Support Family-focused benefits are broad, including paid parental leave, a parental transition week, and critical caregiving leave. Adoption and surrogacy assistance and a Dependent Care FSA with employer matching further strengthen support for caregiving responsibilities.
  • Retirement Support A 401(k) plan with employer matching is part of the core package and is consistently cited as a foundational financial benefit. Stock purchase access is also included as an additional long-term savings and ownership option.

Elevance Health Insights

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The Company
HQ: Indianapolis, IN
35,761 Employees

What We Do

Fueled by our bold purpose to improve the health of humanity, we are transforming from a traditional health benefits organization into a lifetime trusted health partner.   Our nearly 100,000 associates serve more than 118 million people, at every stage of health. We address a full range of needs with an integrated whole health approach, powered by industry-leading capabilities and a digital platform for health.  We believe that improving health for everyone is possible. It begins by redefining health, reimagining the health system, and strengthening our communities.

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