College Co-op: Product Analyst
About the Hiring Department
The Government Markets Product Team oversees the annual product portfolio lifecycle, including the design and implementation of core medical, Part D, and supplemental benefits. The team collaborates with internal and external stakeholders to ensure operational readiness for January 1 launches and manages the CMS application and bid submission process to maintain compliance across the PA5 and NJ7 service areas.
Co-op Job Description
The Product Analyst Co-op will support the development, implementation, and ongoing management of Medicare Advantage and Prescription Drug products. This role provides exposure to healthcare strategy, product development, market analysis, regulatory requirements, and cross-functional project management.
The co-op will assist with evaluating market and competitive trends, supporting product and benefit design initiatives, analyzing membership and performance data, and coordinating strategic projects across departments, including Actuarial, Clinical, Network, Finance, Operations, Compliance, and Sales.
Key Responsibilities
- Conduct market, competitive, and regulatory research to support Medicare product strategy.
- Analyze product performance, membership, and financial data to identify trends and opportunities.
- Support annual product development, bid planning, and implementation activities.
- Develop executive presentations, business cases, and strategic recommendations.
- Assist with project management activities, including tracking deliverables, risks, and dependencies.
- Participate in cross-functional meetings and document key outcomes and action items.
- Support initiatives focused on growth, member experience, operational efficiency, and business performance.
This position offers hands-on experience in a fast-paced healthcare environment while providing meaningful exposure to strategic decision-making and product management.
Required Skills
Technical Skills
- Strong analytical and problem-solving skills.
- Proficiency in Microsoft Excel, including data analysis, formulas, and pivot tables.
- Experience using Microsoft PowerPoint to create professional presentations.
- Ability to organize, interpret, and summarize data from multiple sources.
- Familiarity with data visualization and reporting tools is a plus (e.g., Power BI, Tableau).
- Ability to conduct research and translate findings into actionable insights.
Non-Technical Skills
- Strong written and verbal communication skills.
- Ability to synthesize complex information into concise, audience-appropriate recommendations.
- Strong organizational skills and attention to detail.
- Ability to manage multiple priorities and meet deadlines.
- Intellectual curiosity and a willingness to learn about healthcare and Medicare programs.
- Collaborative mindset with the ability to work effectively across teams and functions.
- Professionalism, initiative, and a proactive approach to problem-solving.
- Comfort presenting ideas and recommendations to business stakeholders.
Accepted Majors
- Business Administration
- Healthcare Administration
- Health Policy
- Public Health
- Marketing
- Finance
- Economics
- Data Analytics
- Management Information Systems (MIS)
Classification
- Junior or Senior
- Recent graduate (must be within one year of the program start date)
GPA Requirement
- 3.4 +
Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.
Inclusion and Belonging
At IBX, everyone can feel valued, supported, and comfortable to be themselves, and all associates have a fair opportunity to achieve their full potential. We put these principles into action every day by acting with integrity and respect. Celebrating and embracing diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve.
About Our Company
Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.
At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!
Equal Employment Opportunity
IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Agency Disclaimer
All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.