Director, Insurance Business Unit Strategy

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 Humana is a publicly traded, Fortune 50 healthcare company with a long history of successful innovation and reinvention. It has transformed itself from the largest US nursing home company in the 60’s, to the largest US hospital corporation in the 80’s, to a leading health benefits company beginning in the 90’s. Today, Humana is a leader in consumer-focused health solutions and is one of the largest health benefits organizations in the country.

The Insurance Strategy team supports Humana’s Medicare and Medicaid lines of business. This business unit, Humana’s largest, comprises the majority of the company’s total revenue and earnings. Team members partner with the senior leaders of the business unit, and more broadly with leaders throughout the enterprise, as they deliver strategy projects addressing some of the businesses’ most important opportunities and challenges.

Humana is seeking a team member with significant strategy consulting experience to manage and deliver strategy projects end-to-end prioritized by business unit leadership. As a Director, you will lead projects and guide team members as you deconstruct issues and challenges, perform targeted research and analysis, and craft sound, logical solutions and recommendations.  You will also shape implementation considerations, and work with business owners as appropriate to transition analysis into execution.  While doing so, you will have the opportunity to collaborate with fellow team members, subject matter experts, members of Humana’s Executive Leadership Team, and corporate, functional, and business unit leaders. 

While deep diving into key areas, you will also have a bird’s-eye view of the business unit’s overall strategy. Your role be instrumental in synthesizing the strategic choices being made across the business unit into coherent plans to drive growth and profitability, while simultaneously improving the lives and health of Humana’s members. As such, the ability to facilitate senior level meetings, drive diverse groups to consensus, and lead through influence will be essential to success in this role.     

Recent example team projects include development of a 5-year growth strategy for the business unit and key lines of business, evolving key dimensions of the Medicare Advantage growth strategy, developing a new provider experience strategy, assessing the performance of strategic initiatives and business areas, and identifying improvement opportunities for a key business function. 

Key responsibilities include:

• Independently managing and delivering high-profile, high-impact strategy projects end-to-end, from developing an approach to delivering recommendations and final deliverables

• Leading high quality, high impact deliverables for Humana’s Board of Directors and Executive Leadership Team, including multi-year line of business strategies, the business unit’s annual strategic plan, and executive strategy presentations

• Leading critical processes to prepare leadership for interactions with Humana’s Executive Leadership Team and Board of Directors  

• Overseeing and delivering high quality analysis and deliverables that clearly frame objectives, issues/challenges, and articulate compelling, insightful findings, conclusions, and recommendations

• Overseeing development of hypothesis to be validated or refined through targeted research and analysis

• Conducting interviews, working sessions, and report-outs with leaders across the company

• Overseeing industry, market, competitor, and financial analysis

• Working collaboratively with fellow team members and leaders across the company

• Effectively leading and developing junior members of the team, including multiple direct reports

• Being a steward of the company and strategy team’s operating model, norms and ways of working

• Overseeing industry, market, competitor, and financial analysis

• Working collaboratively with fellow team members and leaders across the company

• Effectively leading and developing junior members of the team, including multiple direct reports

• Being a steward of the strategy team’s operating model, norms and ways of working

Use your skills to make an impact
 

Role Essentials

• 5-7+ years of full-time work experience at a top-tier strategy consulting firm, and/or strategy consulting related experience outside of a consulting firm (e.g., healthcare organization)

• Healthcare experience

• Demonstrated ability to independently manage and deliver strategy consulting engagements end-to-end

• Experience leading strategic planning, and/or experience leading enterprise, business unit, and/or line of business strategies

• Excellent verbal and written communication abilities

• Highly collaborative, flexible, team-oriented working style

• Strong problem-solving skills and the ability to perform complex qualitative and quantitative analysis

• Demonstrated ability to lead teams both directly and indirectly, and to mentor and develop junior staff

• Ability to quickly build and maintain trust with business leaders

• Demonstrated ability working within a matrixed environment and managing senior stakeholders

Role Desirables

• MBA or graduate degree

Reporting Relationships

• The role reports to the Associate Vice President of the Insurance Strategy team, works collaboratively with members of rest of the team, and with senior leadership throughout the company

Additional Information

To ensure Home or Hybrid Home/Office employees’ ability to work effectively, the self-provided internet service of Home or Hybrid Home/Office employees must meet the following criteria:
At minimum, a download speed of 25 Mbps and an upload speed of 10 Mbps is required; wireless, wired cable or DSL connection is suggested.

Satellite, cellular and microwave connection can be used only if approved by leadership.
Employees who live and work from Home in the state of California, Illinois, Montana, or South Dakota will be provided a bi-weekly payment for their internet expense.

Humana will provide Home or Hybrid Home/Office employees with telephone equipment appropriate to meet the business requirements for their position/job.
Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information.

Travel: While this is a remote position, occasional travel to Humana's offices for training or meetings may be required.

Scheduled Weekly Hours

40

Pay Range

The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

 

$201,600 - $277,200 per year

 

This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.

Description of Benefits

Humana, Inc. and its affiliated subsidiaries (collectively, “Humana”) offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.

About Us
 About Humana: Humana Inc. (NYSE: HUM) is a leading U.S. healthcare company. Through our Humana insurance services and our CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare and Medicaid, families, individuals, military service personnel, and communities at large. Learn more about what we offer at Humana.com and at CenterWell.com.

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Equal Opportunity Employer

It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status. It is also the policy of Humana to take affirmative action, in compliance with Section 503 of the Rehabilitation Act and VEVRAA, to employ and to advance in employment individuals with disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.