Description

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M.

The Team

The Healthcare Industry Group, a subsidiary of A&M, is at the forefront of delivering transformational change to the healthcare industry. Known as an established leader that delivers tangible results for healthcare executives, boards, private equity firms, investors, law firms and government agencies, our professionals advise organizations on financial and operational performance improvement, strategic growth and unlocking value across the investment lifecycle. Our team provides additional expertise in interim management, restructuring, revenue cycle management, mergers and acquisitions, compliance and regulatory, digital technology and analytics.

You will have the opportunity to work with clients in a variety of sectors including health systems and providers, physician groups, ancillary providers, medical schools, vision, laboratory, dental and behavior health; managed care and health plans, government plans and programs, healthcare investors and lenders, medical devices, healthcare suppliers and infrastructure, and life sciences.

How you will contribute

As a Senior consultant, you will be working closely with health plan and managed care clients on a range of complex assignments. You will work in a team environment while using your independent judgment and critical thinking skills to gather data, frame situations and provide practical solutions to add value based on client needs. Depending on the client project the responsibilities of a Senior Consultant may typically include:

Understanding health plan financial and operational drivers with ability to draw insights, influence decisions and drive results by building and managing financial models, conducting financial and operating analyses, and drafting pro-forma financial statements.
Developing operational data analysis to develop KPI metrics.
Effectively summarizing, drawing conclusions, and creating recommendations from large data sets or analyses.
Leading various work streams within a project, including managing day to day engagement priorities with guidance from senior leaders.
Preparing client-ready deliverables and presentations; making presentations to clients.
Supporting marketing initiatives by assisting with the pitch preparation process and creation of marketing materials.
Helping to build products and service offering tools and templates.
Discussing organizational framework, understanding key functions and functional interdependencies.
Developing health plan payer business models that integrate growth, services, and delivery strategies.
Demonstrating knowledge of market and industry trends.
Conducting client interviews and actively listening to understand all aspects of client situations and operations.
Assisting with recruiting by referring potential candidates and assisting with vetting of colleague referrals.
Providing on-the-job training for junior staff while coaching and mentoring; reflecting empathy and providing appropriate feedback and support to colleagues.
Building relationships with clients and seeking to expand business/scope; ensuring different perspectives are included in business development endeavors.
Participating in industry networking events and engaging with social media to enhance our brand and personal network.
Working as a partner to our clients and developing an in-depth understanding of the client's processes, financial positions, and key operational performance drivers in order to surface and address key issues, from the big picture to the smallest details.

We are seeking someone to join our team with an entrepreneurial and collaborative mindset who will manage ambiguity and thrive in a fast-paced environment. As a Senior Consultant you will have the opportunity to demonstrate your leadership, integrity and objectivity when interacting with clients at all corporate levels.

We are not your typical consulting firm. We are entrepreneurial, action oriented and results driven professionals who take a hands-on approach to solving our clients' problems and helping them drive value and growth. We are nimble, resourceful, proactive, can pivot to adapt quickly, when needed, and develop plans that drive real results. You will be part of a team that is passionate about delivering transformational change and making an impact in the healthcare industry.

Qualifications

A minimum of five (5) years of prior work experience in healthcare, consulting, or the healthcare industry such as health plan finance, accounting, audit, managed care, or healthcare operations with a health plan focus.
BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields such as MHA or MPH.
Advanced level of Excel proficiency and experience in financial modeling with the ability to build 13-week cash flow forecast and three statement model from scratch.
Advanced Microsoft PowerPoint and Word skills a must; experience with Tableau, SQL, SPSS, Power BI, Action O-I benchmarking, MGMA survey data is a plus.
Professional certifications such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or demonstrated progress toward such certifications are a plus.
Solid project management and organizational skills.
Ability to analyze process workflow, identify opportunities for improvement, and develop solutions.
Working knowledge of healthcare industry, including a fundamental understanding of health plan finance, operations, valuation and various laws and regulations.
Excellent verbal and written skills, with the ability to communicate with and present information to all levels of client personnel.
Ability to use sound judgment and escalate project issues to project managers or engagement leaders.
High energy individuals with a passion for healthcare and solving complex issues.
Willingness and ability to travel as required.

Your journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Click here for more information regarding A&M's benefits programs.

The annual base salary range is $125 - $150k commensurate with experience. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details

Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.

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Senior Consultant, Health Plan and Managed Care