Economist at Humana in Boise, Idaho, United States Job Description Become a part of our caring community and help us put health first Become a part of our caring community and help us put health first. Humana is seeking a data-driven and detail-oriented Economist to join our Pharmacy Analytics and Consulting team. In this role, you will play a pivotal part in our forecasting and analytics functions. Your focus will be on understanding, analyzing, and reporting the results of simulations which seek to estimate the financial and utilization impacts of various regulatory, benefit, or market changes. Additionally, you will identify and analyze key variances between actual outcomes and projections to improve accuracy of our drug cost projection models. Your insights and analyses will directly inform business decisions, highlight emerging trends, and support strategic opportunities. This position offers the opportunity to apply your economic skills in a highly impactful healthcare setting while collaborating with industry experts. Work done in this role could potentially be published externally depending on content, although publication is not an expectation. Use your skills to make an impact Role Responsibilities + Conduct impact and scenario analysis to understand how different factors such as health policies, market changes, and initiatives contribute to projections, with a focus on sensitivity analysis to assess how changes in variables alter outcomes. + Analyze and explain variances between current and prior projections to uncover key drivers of changes. + Investigate discrepancies between projections and actual outcomes, providing detailed explanations for observed variances. + Monitor and analyze emerging trends, providing timely and proactive insights that can influence business strategies. + Develop comprehensive reports detailing the impact of key trend contributors. + Support the development of drug cost and utilization projection tools, enhancing forecasting accuracy. + Contribute to the development of time series forecasting models, ensuring reliable projections that inform strategic planning. + Respond to ad hoc requests from partners as it relates to drug utilization and costs for various cohorts. + Documentation & Quality Assurance - maintain thorough documentation of models, methods, and assumptions. Implement best practices to ensure reproducibility of work. + Peer Review - conduct reviews of similar/adjacent work done by other analytics associates and provide feedback on methods, as To view full details and how to apply, please login or create a Job Seeker account