Analytics Analyst III - ICS - NovaWell Job in New Jersey - NJ, Health Insurance Career, Full Time Jobs in Horizon Blue Cross Blue Shield of New Jersey (2024)

Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware

Job Summary:
The Analytics Analyst III will partner with multiple customers to provide more complex resolutions to analytics/data problems (i.e. linear models, pattern analysis, directional modeling, etc.) that require a more detailed and deeper study of situational factors, gathering information from several sources, and providing reporting analysis deliverables (i.e. tables, visual analytics, graphs, models or forecasts, etc.) in a highly consultative fashion. The incumbent will face off to more senior level internal and external stakeholders (i.e. Managers, Directors, etc.) The incumbent will also confirm understanding of recommendation with customer, and determine deliverables, based upon customer's requirements following the consultative analytics workflow.
Responsibilities:

  • Review business requirements and define parameters of more complex analytic projects (i.e. linear models, Tableau visualizations) for customers across the enterprise. The analyst will settle deliverables and deadlines with the customer, beginning to use negotiation and creativity in consultation with management wherever necessary.
  • Research and investigate key business problems through quantitative analyses of healthcare cost and quality data. Manage all aspects of data preparation, analysis, and interpretation in order to meet customer deliverable. Translates highly complex concepts and conclusions in ways that can be understood by a variety of audiences.
  • Compiles complex data sets and simplify/tailor according to audience delivering analyses to. Evaluates and processes raw data for user friendly and provides actionable insight (visual and otherwise) to end users.
  • Recommends to leadership advanced analytic models and/or research that financially impact pricing, cost containment, quality, marketing and risk management functions.
  • Develops large, complex advanced analytic models and performs data mining functions to identify trends in the data and/or opportunities for improved outcomes, as appropriate.
  • Demonstrates keen judgment on involved and complex assignments; devises methods and procedures to meet unusual conditions and makes original contributions to the solution of very difficult problems.
  • Provides consultation, complex performance analysis, and coaching expertise to team member around methods of continuous quality improvement.
  • Fosters a culture of continuous improvement that includes the use of performance data to understand health care cost and utilization trends, clinical and condition management analysis, health care cost containment, data quality measurement, and predictive modeling.
  • Improves visual analytics throughout the organization.

Education:

  • Bachelor's degree required or 12 years of relevant experience in lieu of degree.

Experience:

  • Minimum of 7 years of experience using statistical concepts and tools. Ability to create, develop/validate models independently.
  • Demonstrates advanced statistical capabilities, data mining, forecasting and predictive modeling skills, and/or actuarial techniques.
  • Demonstrated skills in quality principles especially root cause analysis and problem solving.
  • Demonstrated business and technical problem-solving skills.
  • Advanced analytic software programming proficiency required.
  • Extensive experience in analytic tools required (i.e. SAS, Tableau, or others).

Special Licensing or certifications:

  • Experience required in any of the following market leading data & analytic tools but not limited to: SAS, Snowflake, Python, R, Alation, Informatica or similar.

Knowledge:

  • Candidates with general health care knowledge preferred.
  • Requires proficiency with large data sets and software/coding.
  • Requires the ability to understand and apply job skills with interpretation.
  • Requires proficiency in MS Office (particularly Excel including formulas, calculations and graphs)

Skills and Abilities:

  • Requires analytical thinking ability for a broader array of business problems.
  • Good written and verbal communication skills are essential.
  • Ability to express analytic thoughts clearly and concisely both verbally and in writing to various audiences is required.
  • Requires customer-oriented focus.
  • Technical professional/knowledge.
  • Applied learning building strategic working relationships.
  • Decision making.
  • Formal presentation.
  • Facilitating changes.
  • Ability to conduct full project life cycle.
  • Independent decision making experience is required.
  • Require ability to make decisions to analytic/data problems that synthesize information from several sources into concrete actions/recommendations for higher-level audience.

Salary Range:
$106,400 - $145,215

This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. This range has been created in good faith based on information known to Horizon at the time of posting. Compensation decisions are dependent on the circumstances of each case. Horizon also provides a comprehensive compensation and benefits package which includes:

  • Comprehensive health benefits (Medical/Dental/Vision)
  • Retirement Plans
  • Generous PTO
  • Incentive Plans
  • Wellness Programs
  • Paid Volunteer Time Off
  • Tuition Reimbursement

Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law. Horizon will consider reasonable accommodation requests as part of the recruiting and hiring process.

Analytics Analyst III - ICS - NovaWell Job in New Jersey - NJ,  Health Insurance Career, Full Time Jobs in Horizon Blue Cross Blue Shield of New Jersey (2024)

FAQs

How much does an insurance analyst earn in NJ? ›

How much does a Insurance analyst make in New Jersey? The average insurance analyst salary in New Jersey is $100,000 per year or $48.08 per hour.

What is the customer service number for Blue Cross Blue Shield, NJ? ›

How much does a healthcare analyst make in New Jersey? ›

Entry Level Healthcare Analyst Salary in New Jersey
Annual SalaryHourly Wage
Top Earners$130,965$63
75th Percentile$102,000$49
Average$75,878$36
25th Percentile$54,800$26

What is the highest paying analyst? ›

Senior data architects are at the pinnacle of the data analytics field, with an average US annual salary of approximately $157,901. The total pay for a senior data architect can range from $148,000 to $211,000 annually, including potential additional income from bonuses and profit sharing.

What is the best health insurance in NJ? ›

MoneyGeek's top pick for the best health insurance in New Jersey is Aetna CVS Health. This provider offers four Silver EPO plans. Its average plan rate is $424 per month, and the average MOOP cost for these plans is $8,850. Aetna CVS Health provides Silver EPO plans.

Is Horizon NJ Health Blue Cross Blue Shield? ›

Headquartered in Hopewell, NJ, Horizon NJ Health is wholly owned by Horizon Blue Cross Blue Shield of New Jersey. Achieving the goals established in the mission, vision and cornerstone statements are at the heart of everything that is done at Horizon NJ Health.

Who owns Horizon Blue Cross Blue Shield? ›

It is a not-for-profit health service corporation with a 17-member Board of Directors which governs the company for its members. There are no shareholders. Horizon Blue Cross Blue Shield of New Jersey is best known for their managed care and traditional indemnity plans for individuals and employers.

What is the job of insurance analyst? ›

Insurance analysts evaluate different insurance policies to determine the associated risks involved for both the insurance company and the policyholder. They make changes to policies, gather data on lapsed coverage, cancel policies, and verify records' accuracy.

How much does an insurance specialist earn in NJ? ›

How much does a Health Insurance Specialist make in New Jersey? As of Jul 26, 2024, the average annual pay for a Health Insurance Specialist in New Jersey is $83,512 a year.

How much does a claims analyst make in New Jersey? ›

How much does a Medical Claims Analyst make in New Jersey? As of Jul 28, 2024, the average hourly pay for a Medical Claims Analyst in New Jersey is $24.23 an hour.

How much do insurance analysts make in New York? ›

The estimated total pay for a Insurance Analyst is $103,988 per year in the New York City, NY area, with an average salary of $86,449 per year.

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Wyatt Volkman LLD

Last Updated:

Views: 6108

Rating: 4.6 / 5 (46 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Wyatt Volkman LLD

Birthday: 1992-02-16

Address: Suite 851 78549 Lubowitz Well, Wardside, TX 98080-8615

Phone: +67618977178100

Job: Manufacturing Director

Hobby: Running, Mountaineering, Inline skating, Writing, Baton twirling, Computer programming, Stone skipping

Introduction: My name is Wyatt Volkman LLD, I am a handsome, rich, comfortable, lively, zealous, graceful, gifted person who loves writing and wants to share my knowledge and understanding with you.