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Blue Cross Blue Shield of Minnesota Healthcare Analyst, Principal - Remote in Eagan, Minnesota

About Blue Cross Blue Cross and Blue Shield of Minnesota is one of the most recognized and trusted health care brands in the world with 2.9 million members. We're committed to reinventing health care to improve health for our members and the community. We hope you'll join us. Please note that effective 11/23/2021, all associates must be fully vaccinated for COVID19 unless legally entitled to a reasonable accommodation related to religious or medical exemptions. How Is This Role Important to Our Work? The individual will also drive action based on the results obtained. The Healthcare Analyst Principal will represent the department on both internal and external initiatives. They may also lead project teams. The incumbent will lead efforts to define meaningful contributions that will influence strategic decision-making at Blue Cross Blue Shield of Minnesota. This position is responsible for supporting and guiding the formation of the strategic needs of the company through the application of advanced analytics to diverse business questions and initiatives. A successful applicant will work independently in addition to guide cross-functional teams to initiate, plan, and lead analysis from conceptual development to conclusion. A Day in the Life: Uses databases for analysis and dissemination of information. Performs complex analysis of data. Researches, analyzes data, applies statistical methods when appropriate, and provides interpretation of outcomes. Identifies issues to be researched, determining affected areas, estimating the impact and contributing to the resolution. Leads teams to develop analytic approaches, measurement plans, data analysis, and report results on health care utilization, expenditures, outcomes, and benchmarks. Initiates actions to discover new analyses that will contribute to the strategic needs of Blue Cross Blue Shield of Minnesota. Works with leadership to understand and interpret the impacts to cost and quality of proposals using relevant data sources and analytic methods. Helps drive the implementation of new products and systems by providing actionable information and recommendations that evaluate the impact of the proposed products and systems. Represents the division on corporate projects and may have leadership roles on these teams. Independently manages issues that may arise on multiple tasks or projects with limited or no management involvement. Acts as a resource and/or mentor for other members of the department and company on business issues and may be responsible for training and guidance of other employees. Formulates strategic recommendations and present findings to management and external clients. Serves as an analytic consultant who can explain complex measurement or analysis techniques and results in layman's terms. Conducts program evaluations/ROI analyses to determine population health outcomes and savings. Required Skills and Experiences: Bachelors degree in related field OR 7 years of relevant work experience 5 years experience analyzing and modeling data involving outcomes and utilization, using various statistical software and computer programming (SAS, Visual Basic, DB2, Oracle, etc.). 2+ years of SAS experience Nice to Have: Masters degree or higher preferred (Public Health, Population Health, Biostatistics, Health Economics, Decision Sciences, Data Science, Epidemiology or similar). Preferred proficiency in at least 2 of the following - Stata and R or Python. Knowledge of managed care and healthcare claims preferred. Experience with Social Determinants of Health (SDoH) and racial & health equity (RHE) data. Additional Skills: Demonstrated ability to design, evaluate and interpret complex data sets, and perform program evaluations/ROI analyses, outcomes research, Cost-effectiveness analysis and study designs. Strong understanding of program evaluation concepts and life cycle. Strong understanding of statistical models and predictive analytics. Binary,