What are the responsibilities and job description for the Health Strategy Analyst position at Building Service 32BJ Benefit Funds?
Job Description
Job Description
Overview :
The 32BJ Health Fund is a multiemployer labor-management fund that provides health benefits to members of SEIU Local 32BJ and their dependents. The Fund has approximately 190,000 covered lives across 11 states. The Fund is self-insured and is responsible for efficiently managing its resources. The Fund offers comprehensive coverage that includes benefits for medical, hospital, prescription drug, vision, dental, short- and long-term disability and life insurance.
To ensure that the Fund can deliver cost-effective high-quality care, the Fund has embraced innovative purchasing strategies that encourage plan participants to use high quality primary care and other cost-effective benefits and providers. The Fund dedicates significant resources to actively managing its plans and provider networks to operationalize this strategy. The Fund also invests in innovative policy solutions that will lower healthcare costs for the Fund and its plan participants.
Please take a moment to watch our video to learn more about our culture and contributions to our members : youtu.be / hYNdMGLn19A
To learn more about the 32BJ Health Fund initiatives, please visit : 32BJ Health Fund Insights
Position Overview :
The Health Fund Strategy team has been created as a dedicated resource to accelerate the depth, breadth, and pace of strategic innovation. The Strategy Analyst will support Strategy Managers and the Assistant Director of Strategy in identifying, evaluating, and implementing strategic initiatives across various portfolios. This position will work closely with analytics and operational teams to ensure that data-driven insights are incorporated into the strategic decision-making process.
Essential Duties and Responsibilities :
- Support Strategy Managers in identifying and evaluating healthcare innovation trends and best practices to meet Health Fund goals
- Conduct data analyses and synthesize findings to inform the enhancement or introduction of initiatives across multiple portfolios
- Collaborate with operations teams to identify enhancement opportunities, document specifications, and provide recommendations for initiatives
- Assist in the development of tiered analytic frameworks to assess opportunities throughout the pipeline
- Coordinate with internal analytics teams and external experts to complete analyses related to strategic initiatives
- Support the RFP process by conducting research, analyzing proposals, and maintaining documentation
- Participate in multi-disciplinary working groups and collaborate with stakeholders from operations and analytics
- Assist in the development of mechanisms to measure financial and operational progress for strategic initiatives
- Support the transition of initiatives from Strategy to the appropriate operational unit, providing necessary documentation
- Continuously monitor and review initiatives post-implementation to identify learning opportunities and enhancements
Qualifications :
The ideal candidate is someone with a strong analytical background, experience in healthcare or a related field, and a keen interest in healthcare innovation and strategy. Qualifications include :
