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Specialist - Payors

McKinsey & Company - Philadelphia, PA

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Job Description

The McKinsey recruiting team will be celebrating the holidays and there will be no online application support available starting December 19th at 5:00pm New York time. Regular support will resume on January 5th. For commonly asked questions, please refer to our FAQ page: Thank you, and happy holidaysu00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0u00a0 Consultingu00a0 Specialist - Payorsu00a0 Job ID: 104020Do you want to work on complex and pressing challenges-the kind that bring together curious, ambitious, and determined leaders who strive to become better every day? If this sounds like you, you've come to the right place.Your ImpactYou'll work with McKinsey's Healthcare Access, Quality and Outcomes improvement (HALO) domain as part of our Social Sector, Healthcare & Public Sector Entities (SHaPE) practice in one of our offices in North America.HALO aspires to build solutions, expertise, and capabilities to deliver a comprehensive, end-to-end performance impact to payors (including provider led health plans) and services clients (including investor entities and those that operate like payors and take risk) across affordability, access, quality, and efficiency. Taken together, HALO aspires to improve the performance of healthcare worldwide, by means of these levers and capabilities.The HALO domain is the combination of an impact-focused, interdisciplinary team and a robust suite of analytics, insights, expertise, and solutions to enable payor transformations. These assets can be rapidly deployed across our clients either directly, or in partnership with other domains (e.g. pharmacy, value-based care, clinical operations). Given this, you will be expected to collaborate both with other HALO colleagues and other SHaPE healthcare areas, as well as the broader global practice of McKinsey consultants and teams. You will also work closely with professional development to ensure the goals of the domain and team experience are closely aligned and play an active role in bringing our people development vision to life.You will be staffed on client engagements, primarily with national and regional health plans, focused on making healthcare better, more affordable, and more accessible for this role, you will deliver high-quality outputs to help guide decisions on critical business problems for our clients. These outputs could include strategies to improve affordability/accessibility/quality of healthcare, identified potential opportunity areas in medical / administrative / pharmacy costs, and development of tactical programs and implementation plans, to support execution of the strategies and initiatives you've helped develop. You will actively engage with front-line client teams involved in helping payors improve the quality and cost of healthcare.You will leverage your expertise to take ownership of tenure-appropriate client relationships and guide clients through appropriate syndication discussions as well as longer-term front-line implementation projects. You will also leverage your project management and client communication skills as you participate in problem-solving sessions with clients and McKinsey leadership.You will also devote time to creating new knowledge, assets and capabilities for the payor practice in partnership with Healthcare Access, Quality and Outcomes improvement (HALO) leadership.Your GrowthDriving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues-at all levels-will invest deeply in your development, just as much as they in est in delivering exceptional results for clients. Every day, you'll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won't find anywhere else.When you join us, you will have:Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.A voice that matters: From day one, we value your ideas and contributions. You'll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. u00a0We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm's diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you'll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.Your qualifications and skillsBachelor's degree, advanced degree preferred5+ years of relevant experience, including experience with at least one of the following areas: Payment Integrity including Fraud, Waste & Abuse; Medical & Pharmacy Cost Optimization; Network optimization; Administration & Operational Efficiency; Care Management; Risk AdjustmentUnderstanding of the healthcare ecosystem, particularly payors; knowledge of medical or administrative cost optimization is a plusStrong problem-solving skills with the ability to process complex informationHigh level of entrepreneurship, professionalism and presence to succeed on the ground with clientsClient service mindsetAble to provide leadership over, and influence individuals across, multiple stakeholders from different levels and backgrounds by tailoring approachAbility to be a strong team player in a dynamic and changing environmentKnowledge of automation or other AI is a plusPlease review the additional requirements regarding essential job functions of McKinsey colleagues.Ouru00a0unwavering commitment to integrityu00a0drives everything we do, guiding us to always act in the best interests of our clients, our people, and the communities we serve.Apply Nowu00a0 Apply LaterFOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role.For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated rangeis u00a0$192,000 - $192,000 USD -to help you understand what you can expect. This reflects our best estimate of the lowest to highest[salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the st

Created: 2025-12-15

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