Analytics Consultant - Medical Drug Pricing

Health Care Service Corp.; Chicago (IL); Hybrid; USD 70,000 - 126,000; Full time

Benefits offered by this job

401(k) savings plan

Pension plan

Paid time off

Paid parental leave

Disability insurance

Supplemental life insurance

Employee assistance program

Paid holidays

Tuition reimbursement

Job summary

Health Care Service Corporation in Chicago is seeking an Analytics Consultant to support medical drug pricing and reimbursement strategies, with a focus on facility-based fee schedules. You will deliver actionable insights to drive cost management and pricing optimization while supporting reporting development and data validation.

This Flex (Hybrid) role allows 3 days in office and 2 days work from home, and emphasizes mentoring to grow managed care knowledge within the team.

Qualifications

• Bachelor's degree and 2 years in health care services, statistics, or insurance economics.
• Master’s degree in related field.
• 6 years of experience in health care services, statistical analysis, or insurance industry economics or related field.
• Proficient at querying a wide variety of internal and external data sources to get meaningful insights.
• Performance excellence in SQL, R, Python.

Responsibilities

• Support medical drug pricing and reimbursement strategies.
• Develop, validate, and automate reporting workflows and dashboards.
• Mentor colleagues to build managed care knowledge and experience.

Skills

SQL

R

Python

Data visualization

Tableau

Power BI

Business intelligence

Communication skills

Teamwork

Independent work

Education

Bachelor's degree

Master’s degree

Tools

Teradata

Tableau

Power BI

Job description

Job Summary

The Analytics Consultant leverages technical skills and healthcare knowledge to support medical drug pricing and reimbursement strategies, with a focus on facility-based fee schedules. The role delivers actionable insights to drive cost management and pricing optimization, while supporting reporting development, data validation, and process automation. It also includes mentorship to build and expand managed care knowledge and experience.

Required Job Qualifications

• Bachelor's degree and 2 years of experience in health care services, statistical analysis, or insurance industry economics or related field
• Master’s degree in related field
• 6 years of experience in health care services, statistical analysis, or insurance industry economics or related field
• Understanding, and being highly proficient at querying a wide variety of internal and external data sources to get meaningful insights.
• Performance excellence in computer languages, such as SQL, R, Python.
• Ability to create a dynamic and visually engaging dashboard leveraging data visualization tools such as Tableau or Power BI.
• High degree of business intelligence and understanding how to take a business case from inception to customer or partner execution.
• Excellent communication and presentation skills.
• Ability to work independently and as part of a team.
• Performance excellence in championing initiatives and collaborating with multiple stakeholders to bring the initiative to life.

Preferred Job Qualifications

• Experience in medical drug pricing, reimbursement strategies, or facility-based fee schedule development
• Familiarity with NDC and HCPCS mapping, including alignment and conversion of NDC and HCPCS units
• Experience utilizing transparency data sources and industry benchmarks (e.g., machine-readable files, CMS ASP data) to support pricing and reimbursement analysis
• Ability to apply benchmarking methodologies to evaluate reimbursement rates and identify optimization opportunities
• Experience supporting or developing preferred drug strategies
• Proven experience working with large-scale healthcare datasets using Teradata or similar data platforms
• Ability to manage end-to-end analytical workflows, from data extraction and validation through analysis and development of actionable insights

Flex (Hybrid) role: 3 days in office, 2 days work from home

This is a Flex (Hybrid) role: 3 days in office, 2 days work from home.

Pay Transparency Statement

• From health and wellness benefits
• 401(k) savings plan
• Pension plan
• Paid time off
• Paid parental leave
• Disability insurance
• Supplemental life insurance
• Employee assistance program
• Paid holidays
• Tuition reimbursement
• Plus other incentives

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan. Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances.

HCSC Employment Statement

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics. We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law.

Base Pay Range

Base Pay Range $69,800.00 - $125,900.00

Exact compensation may vary based on skills, experience, and location.

Accommodation & Accessibility

If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned. All applications, including resumes, must be submitted through HCSC's Career website on-line application process.

About HCSC

For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities. Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren’t afraid to make innovative contributions. We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment.

Legal Notice

Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of Montana, Blue Cross and Blue Shield of New Mexico, Blue Cross and Blue Shield of Oklahoma, and Blue Cross and Blue Shield of Texas, Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, and Independent Licensee of the Blue Cross and Blue Shield Association © Copyright 2025 Health Care Service Corporation. All Rights Reserved.