Coker Group
Senior Manager, Compensation Strategy
Coker Group, Alpharetta, Georgia, United States, 30239
The expectation of the Provider Compensation Strategy Senior Manager is to drive projects forward. This will occur in one of two ways. For the majority of projects, the Senior Manager will take direction from the Vice President/Senior Vice President who owns the client relationship and work to execute on that direction in completing the project with the assistance of Associates/Senior Associates. In this capacity, the Senior Manager’s role on projects will be focused on client interaction, establishing the direction of the project, providing ongoing guidance to the Associates/Senior Associates, and performing the initial review of the deliverable.
In performing their role, the Senior Manager is expected to have experience in administering provider compensation models, as well as exposure to compensation design projects and transaction due diligence involving physicians, including practice acquisition, professional and management services agreements, and co-management arrangements. The Senior Manager will be expected to mentor Associates/Senior Associates, where necessary. Further, the expectation is that the deliverable coming from the Senior Manager to the Vice President/Senior Vice President team is practically in final form, with the final review performed by the Vice President/Senior Vice President being a formality. The Senior Manager should be able to articulate fully all facets of the project and the rationale for the work performed/decisions made on the project.
The Senior Manager should be in the formative stages of building client relationships and selling work on their own. While the expectation of a new Senior Manager will be that they largely complete work assigned to them, as the Senior Manager grows in experience, they are expected to begin contributing to sales.
Generally, the mindset of the Senior Manager is expected to be one of “making it better”; taking ownership of their work, the development of the Associates/Senior Associates they are working with and looking for ways/areas to make additional contributions to the success of Coker.
KEY RESPONSIBILITIES:
Analyzing data collected from the client to support compensation arrangements for hospital-employed physicians.
Analyzing data for FMV assessments of financial arrangements between hospitals and physicians/medical groups.
Analyzing survey data to determine competitive levels of pay for healthcare executives and/or physicians.
Conducting research and gathering data from national surveys, proprietary research, client interviews, industries, markets, etc.
Building flexible, dynamic financial models to forecast trends, preparing scenarios for strategic planning, and/or allocation of corporate resources.
Reviewing and compiling financial statements for analysis of historical trends.
Assisting with report preparation documenting analyses.
Developing and maintaining productive working relationships with team members and client personnel.
Taking direction from Vice President/Senior Vice Presidents and executing on said direction.
Assuming responsibility for the growth and development of Associates/Senior Associates in your purview.
Contributing to the development of letters of agreement and sales pitches; looking for ways to expand client relationships.
Managing project budgets.
Demonstrating subject matter expertise through speaking/writing opportunities.
Demonstrating a “career” mindset with respect to your role, setting the example for others.
Executing good judgment as to when to make decisions versus consult with someone above.
Meeting all established deadlines.
Communicating regularly and fully.
Asking questions (‘’don’t assume”).
Developing error-free and high-quality work.
MINIMUM REQUIREMENTS:
Bachelor’s degree from an accredited college/university.
Master's degree in finance or accounting concentrations preferred.
Additional certifications (ASA, CVA, CFA, CPA, etc.) preferred.
Minimum 7-8 years of relevant work experience to strongly demonstrate the following skills and knowledge: data analysis, statistical analysis, communication skills, analytical skills, interpersonal skills, and group facilitation skills.
Strong problem-solving and troubleshooting skills with the ability to exercise mature judgment.
Proficient in Microsoft Office Suite with advanced-level Excel proficiency preferred.
COMPENSATION:$121K and $135K along with an aggressive bonus package consisting of personal production, sales commission and an annual profit pool bonus.
BENEFITS:
Medical/Dental/Vision Coverage.
Health Savings Account with Employer Contribution.
401(k) Retirement Plan with Match.
Employee Assistance Program (EAP).
Basic Life, AD&D, Short/Long-Term Disability.
In Office Lunch Perks.
Telework Opportunities.
Paid Time Off.
Parental Leave.
Paid Holidays.
Certification and Professional Development Support.
REMOTE WORK PHILOSOPHY:Coker is committed to reinforcing a culture of trust and transparency, and to providing our employees with the resources and flexibility they need to continue doing their best work regardless of where they live. Therefore, Coker embraces a remote work philosophy whereby organizational practices and principles place priority on asynchronous communication flows and location-independent processes.
DIVERSITY IN HIRING:Coker's success has always depended in large measure on the individual and collective ability of its people. The different perspectives, backgrounds, and individual styles of our people offer great opportunities to add value to the firm, and we believe that each person’s role is vital to Coker success. Coker is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment.
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In performing their role, the Senior Manager is expected to have experience in administering provider compensation models, as well as exposure to compensation design projects and transaction due diligence involving physicians, including practice acquisition, professional and management services agreements, and co-management arrangements. The Senior Manager will be expected to mentor Associates/Senior Associates, where necessary. Further, the expectation is that the deliverable coming from the Senior Manager to the Vice President/Senior Vice President team is practically in final form, with the final review performed by the Vice President/Senior Vice President being a formality. The Senior Manager should be able to articulate fully all facets of the project and the rationale for the work performed/decisions made on the project.
The Senior Manager should be in the formative stages of building client relationships and selling work on their own. While the expectation of a new Senior Manager will be that they largely complete work assigned to them, as the Senior Manager grows in experience, they are expected to begin contributing to sales.
Generally, the mindset of the Senior Manager is expected to be one of “making it better”; taking ownership of their work, the development of the Associates/Senior Associates they are working with and looking for ways/areas to make additional contributions to the success of Coker.
KEY RESPONSIBILITIES:
Analyzing data collected from the client to support compensation arrangements for hospital-employed physicians.
Analyzing data for FMV assessments of financial arrangements between hospitals and physicians/medical groups.
Analyzing survey data to determine competitive levels of pay for healthcare executives and/or physicians.
Conducting research and gathering data from national surveys, proprietary research, client interviews, industries, markets, etc.
Building flexible, dynamic financial models to forecast trends, preparing scenarios for strategic planning, and/or allocation of corporate resources.
Reviewing and compiling financial statements for analysis of historical trends.
Assisting with report preparation documenting analyses.
Developing and maintaining productive working relationships with team members and client personnel.
Taking direction from Vice President/Senior Vice Presidents and executing on said direction.
Assuming responsibility for the growth and development of Associates/Senior Associates in your purview.
Contributing to the development of letters of agreement and sales pitches; looking for ways to expand client relationships.
Managing project budgets.
Demonstrating subject matter expertise through speaking/writing opportunities.
Demonstrating a “career” mindset with respect to your role, setting the example for others.
Executing good judgment as to when to make decisions versus consult with someone above.
Meeting all established deadlines.
Communicating regularly and fully.
Asking questions (‘’don’t assume”).
Developing error-free and high-quality work.
MINIMUM REQUIREMENTS:
Bachelor’s degree from an accredited college/university.
Master's degree in finance or accounting concentrations preferred.
Additional certifications (ASA, CVA, CFA, CPA, etc.) preferred.
Minimum 7-8 years of relevant work experience to strongly demonstrate the following skills and knowledge: data analysis, statistical analysis, communication skills, analytical skills, interpersonal skills, and group facilitation skills.
Strong problem-solving and troubleshooting skills with the ability to exercise mature judgment.
Proficient in Microsoft Office Suite with advanced-level Excel proficiency preferred.
COMPENSATION:$121K and $135K along with an aggressive bonus package consisting of personal production, sales commission and an annual profit pool bonus.
BENEFITS:
Medical/Dental/Vision Coverage.
Health Savings Account with Employer Contribution.
401(k) Retirement Plan with Match.
Employee Assistance Program (EAP).
Basic Life, AD&D, Short/Long-Term Disability.
In Office Lunch Perks.
Telework Opportunities.
Paid Time Off.
Parental Leave.
Paid Holidays.
Certification and Professional Development Support.
REMOTE WORK PHILOSOPHY:Coker is committed to reinforcing a culture of trust and transparency, and to providing our employees with the resources and flexibility they need to continue doing their best work regardless of where they live. Therefore, Coker embraces a remote work philosophy whereby organizational practices and principles place priority on asynchronous communication flows and location-independent processes.
DIVERSITY IN HIRING:Coker's success has always depended in large measure on the individual and collective ability of its people. The different perspectives, backgrounds, and individual styles of our people offer great opportunities to add value to the firm, and we believe that each person’s role is vital to Coker success. Coker is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment.
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