Health Plan and Managed Care Consultant

Alvarez & Marsal • New York, NY

398d • $90,000 - $115,000

About The Position

As a consultant in the Healthcare Industry Group at Alvarez & Marsal, you will work closely with health plan and managed care clients to address complex business challenges. This role involves building financial and operational models, conducting data analysis, and preparing client deliverables, all while collaborating with a team to drive transformational change in the healthcare sector.

Requirements

• A minimum of three (3) years of prior work experience in healthcare, consulting, or the healthcare industry such as health plan finance, accounting, audit, managed care, or healthcare operations with a health plan focus.
• BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH.
• Advanced Microsoft Excel, PowerPoint and Word skills are a must and modeling skills including the ability to prepare and maintain models such as financial and operational models.
• Experience with Tableau, SQL, SPSS, Power BI, Action O-I benchmarking, MGMA survey data is a plus.
• Professional certifications such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or demonstrated progress toward such certifications are a plus.
• A strong understanding of accounting and finance including the ability to review and understand financial statements and disclosures, exposure debt and equity transactions a plus.
• Ability to discuss organizational framework, understanding key functions, and functional interdependencies.
• Familiarity with health plan payer business models that integrate growth, services, and delivery strategies.
• Excellent verbal and written skills, with the ability to communicate with and present information to all levels of client personnel.
• Solid project management and organizational skills.
• Ability to conduct operational data analysis and synthesize information to assist in the development of reports and KPI metrics.
• Demonstration of knowledge of market and industry trends.
• Working knowledge of the healthcare industry preferred.
• High energy individuals with a passion for healthcare and solving complex issues.
• An understanding of health plan financial and operational drivers with ability to draw insights, influence decisions and drive results.
• Willing to stretch and be proactive in assisting on billable and non-billable assignments.
• Willingness and ability to travel as required.

Nice To Haves

• Experience with healthcare data analytics tools.
• Knowledge of regulatory compliance in healthcare.
• Familiarity with digital technology and analytics in healthcare.

Responsibilities

• Building and maintaining financial and operational models to assess client performance.
• Forecasting cash flows, analyzing, and managing liquidity.
• Planning and structuring financial transactions.
• Calculating operating losses and projecting savings.
• Benchmarking internal and external data.
• Performing analysis and developing reports and deliverables.
• Conducting operational data analysis to assist in development of KPI metrics.
• Mapping out processes and managing both client and internal projects.
• Evaluating business operations and supporting performance improvement initiatives.
• Preparing client-ready deliverables and presentations; assisting with making presentations to clients.
• Participating in client interviews and capturing actionable items.
• Conducting health plan specific healthcare research.
• Assisting with the development of presentations, pitch, and proposal content.

Benefits

• Healthcare plans
• Flexible spending and savings accounts
• Life, AD&D, and disability coverages
• 401(k) retirement plan with discretionary contributions
• Discretionary bonus program based on performance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree