Healthcare Financial/Economic Consultant

Minneapolis, MN, USA | Mercer

  • Industry:
    Management Consulting
  • Position Type:
  • Functions:
    Economic Analysis
    Consulting - Accounting
    Project Management
  • Experience:
    7-10 years
Job Description:
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The Healthcare Economic Consultant will lead and manage accurate and timely data and financial analysis on large and complex state managed health and welfare capitation projects. The Consultant will be the financial expert for projects and proposals, as well as the mentor for more junior financial/actuarial staff and oversee their basic work.

To fulfill this role, the Consultant will:

Manage the Government division's projects related to government sponsored health and welfare programs. After a project is sold to the client, the Government Consultant works with the lead client manager to initiate the project. This includes meeting with the client and clearly defining the scope, timelines and deliverable of the project as well as develop and propose essential project documents, including the budget and work plan.

Provide/lead detailed financial analyses and communicate the results for small- to large-scale projects.

Ensure project team is within budget, on time and producing work consistent with the scope. Coordinate tasks with specialists on the project team, keep the client leader informed on the project, ensure regular team meetings and maintain project documents. As the project team leader, may produce documents stating project results, including reports, charts, analyses, etc.

Provide updates to the client team, gather additional information, coordinate data requests and advise client team on interim analyses. In conjunction with the client manager, may present project results to client

Work on multiple projects with multiple clients simultaneously.In this position, will also work with peers who are specialist to coordinate the specialist's contribution to the project

May directly supervise junior staff members and frequently provide supervisory feedback, training and mentoring to junior staff that have a project reporting relationship with them. People management responsibilities include: assign, direct, and evaluate work; conduct performance evaluations, progressive counseling and career development discussions; ensure appropriate orientation and on-going education/training; provide critical input regarding hiring and firing employees; promotion, salary and bonus actions

Participate in request for proposal (RFP) process. Define approach to projects, methodology of data modeling and preliminary scope of actuarial work required to complete project. Draft proposals defining suggested methodologies and estimated scope of work for RFPs

Keep self current on Health Policy environment and considers the implication of policy, law, political, etc. changes impact client and client's programs

Develop intellectual capital; lead or participate in the development of tools or processes that can be leveraged for multiple clients.


BA/BS degree

Minimum 7 years' experience in health data analysis, pricing, actuarial concepts or health underwriting

Experience leading teams or project teams

Strong analytical and mathematical skills; strong command of Excel

Excellent interpersonal skills; strong oral and written communication skills

Ability to prioritize and handle multiple tasks in a demanding work environment

Strong critical thinking and analytical problem-solving skills

Ability to work independently and on a team

Actuarial designation a plus, but not required