Associate Director of Affordability At Optum Company 2024 | Apply Now

Role: Associate Director of Affordability

Primary Location: El Segundo, CA

Location: Remote considered

Company: Optum

Salary: Not Disclosed

Associate Director of Affordability Description

The Associate Director of Affordability is accountable for overseeing strategies and initiatives that enhance the affordability of services or products within an organization. This function consists of analyzing price systems, identifying fee-saving possibilities, and implementing policies to make sure that products or services are financially reachable to a broader purchaser base.

Associate Director of Affordability Roles

• Cost Analysis and Management
• Policy Development
• Cross-Department Collaboration
• Market Research and Analysis
• Stakeholder Engagement

Associate Director of Affordability Responsibilities

• Cost Analysis and Management: Analyze rate structures and become aware of areas for price bargains.
• Policy Development: Develop and put into effect rules to beautify products or services affordability.
• Cross-Department Collaboration: Work with finance, marketing, advertising, and operations teams to align affordability strategies with industrial enterprise dreams.
• Market Research and Analysis: Conduct marketplace studies to apprehend client affordability desires and options.
• Stakeholder Engagement: Engage with inner and external stakeholders to sell affordability initiatives.
• Financial Planning and Budgeting: Oversee budgeting and monetary making plans associated with affordability obligations.
• Performance Metrics: Develop and display key overall performance signs (KPIs) to degree the achievement of affordability duties.
• Regulatory Compliance: Ensure affordability projects observe relevant guidelines and necessities.
• Reporting and Documentation: Prepare critiques and documentation on affordability techniques and results.
• Continuous Improvement: Identify and implement non-stop development possibilities in affordability strategies.

Associate Director of Affordability Skills

1. Analytical Thinking: Strong analytical abilties to assess charge systems and find out monetary savings opportunities.
2. Financial Acumen: Deep expertise in monetary ideas and budgeting.
3. Strategic Planning: Ability to amplify and put in force lengthy-term affordability strategies.
4. Communication: Excellent verbal and written communication talents.
5. Project Management: Proficiency in handling projects and leading skip-beneficial teams.
6. Market Research: Skills in carrying out and analyzing market studies.
7. Negotiation: Strong negotiation skills to work with suppliers and companions on value-saving measures.
8. Regulatory Knowledge: Understanding of relevant suggestions and compliance necessities.
9. Problem-Solving: Ability to quickly understand and clear up problems related to affordability.
10. Leadership: Ability to steer and encourage teams to attain affordability goals.

Associate Director of Affordability Education and Qualifications

1. Bachelor’s Degree: Bachelor’s diploma in Business Administration, Finance, Economics, or a related vicinity.
2. Master’s Degree: Preferred Master’s diploma in Business Administration (MBA) or a related subject.
3. Relevant Certifications: Certifications that incorporate Certified Management Accountant (CMA) or Chartered Financial Analyst (CFA) are useful.
4. Experience: 7+ years of enjoy in financial assessment, charge control, or associated fields.
5. Leadership Experience: Proven management experience in coping with teams and initiatives.
6. Industry Knowledge: Knowledge of the unique enterprise related to the company’s products or services.
7. Technical Skills: Proficiency in economic modeling, budgeting software applications, and information evaluation equipment.
8. Regulatory Knowledge: Familiarity with industry-specific guidelines and compliance standards.
9. Communication Skills: Strong interpersonal and conversation competencies.
10. Continuous Learning: Commitment to non-prevent expert development and staying updated with agency trends.

Associate Director of Affordability Conclusion

The function of Associate Director of Affordability is important for corporations aiming to make their products or services more accessible to a miles wider audience. This role requires a combination of analytical, financial, and strategic capabilities to expand and put into impact effective affordability techniques. By participating with several departments and stakeholders, the Associate Director of Affordability ensures that affordability desires are aligned with normal business targets, ultimately contributing to the commercial enterprise business enterprise’s fulfillment and patron pleasure.

Apply Now: Associate Director of Affordability

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