East Region Director of Cost of Care

Job Summary

Elevance Health is seeking an experienced East Region Director of Cost of Care to lead cost‑management initiatives across the Eastern United States. This full‑time role is based in Grand Central, Manhattan, NY, with a hybrid schedule (3 days in‑office).

Key Responsibilities

• Develop and execute regional strategies to reduce cost of care while maintaining quality outcomes.
• Collaborate with clinical, finance, and operations teams to identify cost‑saving opportunities.
• Analyze claims data, utilization patterns, and market trends to inform decision‑making.
• Lead a multidisciplinary team, providing mentorship and performance feedback.
• Report financial performance and progress against targets to senior leadership.
• Ensure compliance with regulatory requirements and internal policies.

Required Qualifications

• Bachelor’s degree in Health Administration, Business, Finance, or related field (Master’s preferred).
• 7+ years of experience in healthcare cost management, preferably in a regional leadership role.
• Strong analytical skills with proficiency in data‑visualization tools (e.g., Tableau, Power BI).
• Excellent communication and stakeholder‑management abilities.
• Proven track record of delivering measurable cost reductions.

Benefits & Compensation

• Competitive annual salary: $241,302.47
• Health, dental, and vision insurance
• Retirement savings plan with company match
• Generous paid time off and holidays
• Professional development and tuition reimbursement

Work Environment

The role requires in‑office presence three days per week to foster collaboration, with flexibility for remote work the remaining days. Candidates residing within a reasonable commuting distance to the Grand Central office are encouraged to apply; alternate nearby locations may be considered.

Frequently Asked Questions

What does the East Region Director of Cost of Care do?

They design and implement strategies to lower healthcare costs across the Eastern U.S., lead a cross‑functional team, and report results to senior leadership.

What is the work schedule for this position?

The role follows a hybrid model: three days per week in the Grand Central, Manhattan office and two days remote.

What qualifications are required?

A bachelor’s degree (master’s preferred) and at least 7 years of experience in healthcare cost management, strong analytical and leadership skills.