Data Scientist, Health Economics Outcomes Research

Risk Strategies Consulting (RSC) is looking for an expert who can support our clients’ healthcare initiatives through data-driven analytics solutions and emerging data science methods. To succeed in this role, you should not only possess strong statistical experience and an analytical mindset but also be able to effectively communicate strategy, methodologies, and data-oriented results to internal and external key stakeholders. The candidate must have a proactive approach to work, a problem-solving aptitude, and a willingness to learn and adapt to emerging industry practices. The candidate will be motivated, well-organized, and a self-starter who thrives in a fast-paced and dynamic work environment. Your innovative work will directly impact our clients’ financial strategies and decisions.

Responsibilities

• Create and develop detailed project plans with clear guidance, task assignments, and required timelines.
• Leverage real-world data and statistical modeling to recommend, test, validate, and track supporting health economics and outcomes research, return on investment (ROI), and healthcare benefit models for client businesses.
• Analyze complex claims and healthcare data sets to identify trends, patterns, and insights.
• Create and present reports, dashboards, and visualizations to communicate findings to stakeholders.
• Support Health Technology Assessment of point solutions, programs, and initiatives.
• Codevelop and implement data collection strategies, design, and maintain databases.
• Collaborate with cross-functional teams to define data requirements and ensure data accuracy and integrity.
• Stay up to date with industry trends and best practices in data analysis.
• Use professional judgment to troubleshoot suboptimal solutions and data anomalies.
• Build predictive models to accurately analyze potential outcomes and cost-savings for a given initiative(s) or event(s).
• Build and document analytical pipelines in SQL, Python and R.

Requirements & Qualifications

• Bachelor’s degree (BS) in Statistics, Data Science, Mathematics, Actuarial Science, or similar.
• 5+ years’ experience as a Data Analyst or Data Scientist in the health sector conducting statistical analysis and reports on healthcare or claims data.
• 5+ years of hands-on experience with structured query languages and statistical computing (e.g., R, SQL, Python, SAS).
• Knowledge of healthcare/medical economics data such as hospital/physician /ASC claims, utilization data, and healthcare industry coding systems ICD-10, CPT/HCPCS, Revenue Codes, MS/APR-DRGs, and APC.
• Diverse experience with healthcare databases and data sources (claims, encounters, labs, EMR, etc.).
• Experience with machine learning techniques.
• Experience conducting health economics studies, using propensity score matching, and designing and executing ROI analyses.
• Experience developing medical and pharmacy utilization reporting, establishing utilization trends, and identifying meaningful and actionable observations.

At Risk Strategies Company, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, and life insurance, retirement savings, and paid time off and paid holidays for eligible employees. The total compensation for a position may also include other elements dependent on the position offered. The expected base pay range for this position is between $175,000 - $200,000 annually. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.

Risk Strategies is the 9th largest privately held US brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 100 offices and nearly 5,000 employees across the US and Canada.

Our industry recognition includes being named a Best Places to Work in Insurance for the past five years (2018-2022) and on the Inc. 5000 list as one of America’s Fastest Growing Private Companies. We are committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.