Job Information
Blue Cross Blue Shield of Massachusetts Strategy Consultant in Boston, Massachusetts
Ready to help us transform healthcare? Bring your true colors to blue.
What We Need:
The Corporate Strategy team within Strategy, Consulting, Innovation & Analytics (SCIA) Division exists to define and facilitate the strategic planning process; develop, articulate, and adapt the company’s strategic plan; and support critical strategic initiatives in their formation of recommendations and implementation plans, working closely with leaders and subject matter experts from across the business. We support this work with competitive intelligence and market trend insights, and track our progress to inform and facilitate ongoing prioritization of efforts across the organization. The Strategy Consultant will work collaboratively and cross-functionally across the SCIA division and beyond. The successful candidate should deliver a broad skillset: an ability to quickly ramp-up and engage on new strategy topics, ability to develop strategic concepts leveraging existing and new frameworks and tools; ability to communicate and collaborate effectively with business partners in strategy development; and ability to drive strategic and quantitative analyses.
Your Day to Day:
Lead tasks and collaborate with Strategy team members in scoping, planning and execution of strategy efforts.
Drive problem development, work planning, and recommendation summaries.
Conduct quantitative analysis both externally (e.g., industry trends, business case development and ROIs, demand views, etc.) as well as internally to inform structured recommendations for select strategic initiatives.
Lead and facilitate work groups of leaders across the organization to gain input and form strategic recommendations.
Conduct qualitative analysis both externally (market developments, employer demands, consumer trends and technology, etc.) and internally (understanding BCBSMA position, prior decisions made, feasibility dynamics, etc.) to inform structured scenarios for select strategic initiatives.
Keep abreast of changes in the industry and field, proactively identifying and assessing strategic business issues, needs and opportunities for BCBSMA to meet strategic and corporate goals.
Design, develop, and assess financial implications of solutions for strategic issues through quantitative and financial modeling (e.g., cost/benefit, ROI, etc.). Develop scenario views of the market and BCBSMA position.
Collaborate with business and managers around the business planning process, driving additional efficiency and transparency, updating planning materials and templates, and forming relationships to support required stakeholder communications.
Propose and create mechanisms to measure effectiveness of strategic initiatives.
This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties.
We’re Looking for:
Ability to develop and deliver presentations to a range of senior management and leadership audiences including strong communication skills (verbal, written), and the ability to develop frameworks and effective documents.
Strong problem-solving including the identification of business problems or needs, formulation of hypotheses or solution(s), resolution plan development, partnership to deliver solutions, and impact measurement.
Strong organizational, project and time management skills, including the ability to propose approaches, prioritize, and or manage multiple independent projects and assignments.
High standards of performance, attention to detail, and commitment to excellence.
Ability to act as a team player and thought partner with colleagues collaboratively at all levels of the organization.
Strong technical skills in documentation and presentation development PC and research skills (e.g., Word, Excel, PowerPoint) including ability to titrate messages: summarize essentials and go deep as needed.
Strong Data analysis and data visualization skills (e.g., Excel, Tableau). Additional data query and/or tool skills a plus (e.g., SQL).
Strong research skills leveraging a variety of internal, public, and paid data sources (e.g., Factiva or similar).
What You Bring:
BS/BA degree required. Master’s Degree in Business Administration, or other relevant advanced degree, preferred.
Minimum five years of relevant business experience, including demonstrated experience in consulting, research and analysis, or other relevant field.
Experience in health care (focus on payers, providers) preferred. Passion for health care industry a must.
What You’ll Gain:
The Strategy Consultant has the opportunity to team with colleagues across the organization on some of biggest challenges facing our business and the industry and regularly engages early on new strategic initiatives.
#LI-HYBRID
Minimum Education Requirements:
High school degree or equivalent required unless otherwise noted above
LocationBostonTime TypeFull time
Salary Range: $96,660.00 - $118,140.00
The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.
This job is also eligible for variable pay.
We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
WHY Blue Cross Blue Shield of MA?
We understand that the confidence gap (https://www.theatlantic.com/magazine/archive/2014/05/the-confidence-gap/359815/) and imposter syndrome (https://www.braintreepayments.com/blog/overcoming-imposter-syndrome/) can prevent amazing candidates coming our way, so please don’t hesitate to apply. We’d love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It’s in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.
As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture (https://careers.bluecrossma.org/us/en/culturepage) page. If this sounds like something you’d like to be a part of, we’d love to hear from you. You can also join our Talent Community (https://careers.bluecrossma.org/us/en/jointalentcommunity?applyType=JTC) to stay “in the know” on all things Blue.
At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work (https://careers.bluecrossma.org/us/en/how-we-work) " Page.
Voted as the highest in member satisfaction among Massachusetts commercial health plans by JD Power , Blue Cross Blue Shield of Massachusetts is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston. We have been a market leader for over 75 years, and are consistently ranked among the nation's best health plans. Our daily efforts are dedicated to effectively serving our 2.8 million members, and consistently offering security, stability, and peace of mind to both our members and associates.
Our Commitment to You
We are committed to investing in your development and providing the necessary resources to enable your success. We are dedicated to creating a refreshing and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path. We take pride in our diverse, community-centric, wellness-focused culture and believe every member of our team deserves to enjoy a positive work-life balance.
Blue Cross Blue Shield of Massachusetts is an Equal Employment / Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law.
Blue Cross Blue Shield of Massachusetts will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with Blue Cross Blue Shield of Massachusetts's legal duty to furnish information.