Blue Cross Blue Shield of Massachusetts Corporate Strategy Consultant in Boston, Massachusetts
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This Strategy Consultant is a member of the Corporate Strategy team at Blue Cross Blue Shield of Massachusetts (BCBSMA). The group exists to define and facilitate the strategic planning process; develop, articulate and adapt the company’s strategic plan; partner with Segment leads to align and advance segment-level strategies; align and drive portfolio and prioritization and support critical strategic initiatives in their formation of recommendations before their transition to implementation. This role will report into the VP of Corporate Strategy. As a part of the SCIA division, this role will work collaboratively and cross-functionally across the division and beyond.The successful candidate should deliver a broad skillset: an ability to develop strategic concepts and frameworks; ability to communicate effectively with the business in creating demand for strategic intelligence and strategic support; and ability to drive strategic and quantitative analyses. This individual will partner with strategy leads and colleagues at the VP, Director and Manager levels, coordinating strategic planning initiatives across Corporate, Division and Segment platforms.
This role will focus on priority Strategy Activation projects for the organization, with functions including framing of process/plan, defining success metrics, establishing governance structures for the project, synthesizing competitive / landscape research, articulating hypotheses to test and managing the effort / coordination of the team.
Align project efforts across division, including but not limited to:
Analytics – develop requirements for Analytics pods and deliver storylines / insight to business leaders; effectively iterate with data scientists
Innovation – leverage Design Thinking methodology and other relevant frameworks to develop end-to-end experience; cross-staff Strategy Activation projects effectively
Participate in the Strategy team’s development of the view of the market landscape / specific trends in collaboration with the Director of Strategic Competitive Intelligence
Develop scenario views of the market and BCBSMA position
Propose and create buy-in to tracking mechanisms to measure effectiveness of strategic initiatives
Provide program management support for working groups of strategic initiatives
Drive quantitative analysis both externally (e.g., industry trends, ROIs, demand views, etc.) as well as internally to inform structured recommendations for select strategic initiatives
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 recommendations for select strategic initiatives
Lead and facilitate work groups of leaders across the organization to gain input and form strategic recommendations
Keep abreast of changes in the industry and field, proactively identifying and assessing strategic business issues, needs and opportunities for BCBSMA to meet corporate goals
Design, develop, and assess financial implications of solutions for strategic issues through quantitative and financial modeling (e.g., cost/benefit, ROI, etc.)
Understanding of the health care and health insurance industries
Strong problem solving and communication skills (verbal, written and presentation, including development of frameworks and effective powerpoint documents)
Proven analytical skills, Excel / Tableau modeling experience
Project management and interpersonal skills, ability to act as a team player and thought partner Ability to interact with and collaborate with leaders at all levels of the organization
Strong facilitation skills eliciting diverse perspectives and guiding discussions to objectives
Ability to present appropriate level of detail and recommendations to elicit actionable (and efficient) decision-making
Strong client management skills including influencing skills and organizational astuteness
High standards of performance, attention to detail, and commitment to excellence
Bachelor’s Degree required; MBA or Masters in related field preferred
Management / strategy consulting experience preferred
Minimum six to eight years relevant business experience
LocationBostonTime TypeFull time
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.