Core Responsibilities
- Conduct data collection and validation processes to ensure accuracy in financial and medical economic reports.
- Analyze healthcare cost trends and identify key areas for financial improvement.
- Research industry benchmarks and best practices for medical economic analysis.
- Collect and organize data related to healthcare expenditures, claims, and pricing models.
- Evaluate financial reports to identify discrepancies and propose corrective actions.
- Interpret statistical data related to medical economics and present findings in a structured format.
- Assist in the preparation of financial models for cost projections and budget planning.
- Report inconsistencies in financial and economic data to ensure compliance with quality standards.
- Calculate financial metrics and key performance indicators (KPIs) for economic analysis.
- Communicate findings to internal stakeholders to support informed decision-making.
- Support cross-functional teams in the implementation of financial efficiency initiatives.
Quality & Excellence Management
- Document standard operating procedures for data collection and reporting.
- Observe compliance with financial and economic regulations in healthcare.
- Present recommendations for process improvements based on financial insights.
Verify data accuracy and integrity in economic reports before submission.
Preferred Educational Qualifications and Professional Certifications
- Bachelor’s Degree in Economics, Finance, Actuarial Science, Healthcare Management, or a related field.
- Master’s Degree in Health Economics, Public Health, Business Administration (MBA), or a related field is preferred.
- Professional certifications such as Certified Healthcare Financial Professional (CHFP), Certified Health Economics and Outcomes Research (HEOR) Professional, Actuarial / Financial Modelling Certification, or equivalent is advantageous.
Experience
A minimum of 0-2 years of experience in medical economics, healthcare analytics, actuarial science, or financial modelling in the healthcare sector.