Senior Statistical Analyst (Solventum)

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Senior Statistical Analyst (Solventum)

3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, economic and data science that change patients’ lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You’ll Make in this Role
The Regulatory and Payer Solutions business unit within Solventum Health Information Systems (HIS) is a leader in helping commercial and government payers control costs and increase access to quality care with clinically based methodologies developed and refined over more than 40 years. These reliable metrics support efforts to analyze and track performance, reduce inefficiencies, and drive better outcomes.

The person hired for the position of Senior Statistical Analyst & Team Lead will join a strong team focused on driving payer, business partner, and provider opportunities for those Solventum measures used for payment, quality, and performance management by government, commercial, and international payer programs. Payment innovation, value-based care, patient safety solutions center our efforts. 

As a Senior Statistical Analyst you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

• Providing guidance and oversight to team members on industry best practices for designing and building models and analyzing trends including financial models for healthcare payment and value-based programs, as well as statistical models for various types of population health analyses

• Analyzing requirements, gathering data, and developing models for analytics projects leveraging Solventum HIS methodologies for assigned clients

• Interpreting results, generating reports and producing data visualizations to present findings to internal consultants as well as external clients

• Writing and managing code for analysis in data querying tools (i.e. SQL, Athena), statistical tools (i.e. R, SAS), and providing guidance and team leadership on statistical methods

• Collaborating with health care subject matter experts both internally and externally to develop logic and data-driven deliverables that align with the goals of Solventum clients

• Leading projects with a team of payment innovation consultants and analysts

Your Skills and Expertise 
To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

• Bachelor’s Degree or higher (completed and verified prior to start) from an accredited institution

• Ten (10+) years of experience in private, public, or government health care sector in a statistical analytics role working on projects including payment modeling, designing industry standard analytical models, and creating statistical models

Additional qualifications that could help you succeed even further in this role include:

• Master’s Degree or higher in statistics, data science, computer science, math, actuarial, or related field; or ASA, FSA, MAAA

• Proficient with R, Python, SAS and other statistical/predictive tools

• Experience with one or more of the HIS proprietary patient classification tools such as 3M CRG, 3M PPEs, 3M APR DRG, and 3M EAPG and risk adjustment concepts

• Experience with Medicare, Medicaid, public domain methodologies and quality measures such as VBP, ACO REACH, etc.

• Experience with designing financial risk models such as those used for health care payment, value-based programs and other similar analysis

• Experience with managing multiple projects and/or project management experience

• Candidate should work well in a fast-paced, flexible environment, where occasional work during non-standard hours may be required to meet deadlines and support international time zones

Work location: Remote US

Travel: May include up to 25% domestic or international travel

Relocation Assistance: Not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being 

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope. 

Applicable to US Applicants Only:The expected compensation range for this position is $137,439 – $167,981, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.  Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County.

Solventum is an equal opportunity employer.  Solventum  will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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