Innovation Strategic Consultant in Palo Alto, California | DiversityInc Careers
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Innovation Strategic Consultant

Role: Innovation Strategic Consultant Assignment: InnovationDesign & New ConceptsLocation: Louisville, KY or Palo Alto, CA Office Healthcare isn’t just about health anymore. It’s about caring for family, friends, finances, and personal life goals. It’s about living life fully. At Humana, we want to help people everywhere, including our associates, lead their best lives. We support our associates to be happier, healthier, and more productive in their professional and personal lives. We encourage our people to build relationships that inspire, support, and challenge them. We promote lifelong well-being by giving our associates fresh perspective, new insights, and exciting opportunities to grow their careers. At Humana, we’re seeking innovative people who want to make positive changes in their lives, the lives of our members, and the healthcare industry as a whole. Assignment Capsule Humana is seeking an Innovation Strategic Consultant who will help lead efforts to create new and Innovative programs to improve the health outcomes of our members and drive strategy alignment with the broader business priorities and goals. You will closely partner and collaborate with internal stakeholders to ensure new concept initiatives are grounded in business value, operational feasibility and end-user needs. You will be responsible for developing persuasive business cases to support investment opportunities and present clear recommendations to senior leadership. You will also play an active role in all aspects of New Concept development: guiding initiatives from ideation through financial modeling to prototype and piloting. As part of the Design & New Concepts team you will transform ideas into compelling product and service experiences in partnership with designers, developers and business leads:
  • Ensure research, insights, proof points and aligned consumer/provider/ population health problems support and shape the New Concept strategic vision and roadmap
  • Align strategic direction in an ambiguous fast moving environment, taking into account various stakeholder needs, business constraints and innovation opportunities
  • Present strategic recommendations to leadership in a clear and compelling story
  • Lead cross functional teams in developing ideas with potential into business opportunities from conception to salable product, to include cost benefit analysis, risk mitigation, recommendations and action plans
  • Assess the health landscape as well as related industries, evaluate competitive offerings and determine where gaps in current capabilities exist
  • Define market size and approach to competing effectively relative to competitors
  • Identify emerging market opportunities
  • Analyze new business ventures, emerging technologies and lines of business
  • Work with large data sets and information sources to derive insights that you will use to support your strategic recommendations

Role Essentials
  • Bachelors degree
  • Strong understanding of the healthcare environment and payer business
  • Excellent written and oral communication skills
  • Excellent organizational skills
  • Ability to work independently and lead in an ambiguous and fast changing environment
  • Advanced experience with Excel (e.g. pivot tables etc.) and data extraction/modeling
Role Desirables.
  • 7+ years’ experience
  • Experience in strategy consulting, venture or investment banking
  • Managed care or health care administration industry experience desired
  • Master’s degree or other graduate degree in Business, Engineering, Math, Finance or related field
Reporting Relationships
  • You will report to a Director. This area is under the leadership of the Head of Innovation.
Additional Information At Humana, we know your well-being is important to you, and it’s important to us too. That’s why we’re committed to making resources available to you that will enable you to become happier, healthier, and more productive in all areas of your life. If you share our passion for helping people, we likely have the right place for you at Humana. After applying, we encourage you to join our Talent Network as well, so you can stay informed and up to date on what’s happening around our organization in the changing world of healthcare. #HCSRENEWAL

Humana Inc., headquartered in Louisville, Ky., is a leading health care company that offers a wide range of insurance products and health and wellness services that incorporate an integrated approach to lifelong well-being. By leveraging the strengths of its core businesses, Humana believes it can better explore opportunities for existing and emerging adjacencies in health care that can further enhance wellness opportunities for the millions of people across the nation with whom the company has relationships.