Strategy Director Carelon Insights

Strategy Director Carelon Insights

This role requires associates to be in-office 3 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.

The Strategy Director role is responsible to drive value with our Carelon insights vended partners. A critical aspect of the position includes developing and implementing processes to intake, triage, and vet cost of care ideas from vendors, ultimately reaching go / no-go decisions on these initiatives. Success in this role will be evidenced by reconciling our vendor and internal reporting, vetting vended value opportunities to get to a go / no-go decision, and creating processes / procedures to drive efficiencies throughout the process. The ideal candidate will have strong financial modeling skills, experience with data reconciliation, and a background in finance, strategy, or consulting.

How You Will Make An Impact

• Partner with executive leadership to define strategic goals and success criteria for the future.
• Translate strategy into actionable tactics, programs / projects, and priorities with aligned timelines, ensuring the integration of both regional and enterprise strategic plans to realize the company's vision.
• Develop and deliver high-quality presentations to executive leadership for strategic initiatives.
• Define, develop, and implement metrics to report and monitor progress against strategic goals, ensuring plans align with strategy milestone deliverables.
• Monitor, measure, and communicate progress in delivering strategic plans and the quality of outcomes.
• Research relevant market trends and activities to work with business leadership on further defining business strategy, ensuring sustained competitive advantage.
• Develop, monitor, and track metrics to manage budget and expenditures effectively.
• Collaborate with senior teams and staff to develop tactical plans and communication strategies as part of executing the strategy.
• Provide guidance and act as a decision-maker on complex projects, elevating issues to the senior team when necessary.
• Represent the organization in enterprise and inter-regional initiatives.
• Provide coaching and mentoring to other leaders on strategic thinking and implementing projects that deliver high returns and strategic value.
• Lead breakthrough projects to elevate the business environment to industry-leading best practices.
• Manage all facets of vendor interaction and management, including vendor selection, contract and rate negotiation, issue resolution, and participation in vendor business and executive committees.
• Serve as a subject matter expert on projects and initiatives and approve key projects sponsored by their Executive Sponsor.

Minimum Requirements

Requires a BS / BA degree in a related field and a minimum of 10 years of related experience including 3 years of leadership / management experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experience

Master's degree preferred. Strong skills in financial modeling and Excel, with experience using pivot tables for data manipulation strongly preferred. Background in finance or consulting with experience in strategic planning, project / program management, and vendor management highly preferred. Proven execution mindset with the ability to reconcile disparate reports, identify gaps, and align vendor and internal reporting for consistency, complemented by experience in handling complex data sets and providing actionable insights highly preferred. Excellent problem-solving skills with a proactive approach to identifying and capitalizing on new opportunities, along with strong communication skills to engage with multiple stakeholders and drive strategy and operations forward. Prior strategic planning, project / program management, and vendor management experience strongly preferred. Exceptional strategic thinking, decision-making, problem-solving skills, and adaptability highly preferred. Experience interacting confidently with senior management and executive level stakeholders, as a subject matter expert and comfortable with influencing decision-making preferred. Excellent written, oral, presentation and interpersonal communication skills with the proven ability to negotiate expectations between multiple parties strongly preferred. Proficient of Microsoft Office products Excel, Teams, Outlook, PowerPoint, Word, and Spark strongly preferred.

For candidates working in person or virtually in the below location(s), the salary

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.

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 may contact elevancehealthjobssupport@elevancehealth.com for assistance. 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.