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 :

Preferred Skills, Capabilities, and Experience :

For candidates working in person or virtually in the below location(s), the salary range for this specific position is $134,728 to $202,092. Locations : Illinois

In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the company. The company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

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.