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Cost Containment Analyst Jobs (NOW HIRING)

... sound analytical cost engineering principles with the ability to summarize, reach appropriate conclusions, and implement cost containment plans. Total Rewards/Benefits: For decades, Bechtel has ...

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Financial Analyst

Corona, CA · On-site

$70K - $90K/yr

They will apply their knowledge of the healthcare industry trends and drivers to aid in accomplishing effective business strategies and developing cost containment approaches. The Financial Analyst ...

... analytical cost engineering principles with the ability to summarize, reach appropriate conclusions, and implement cost containment plans. * Demonstrated flexibility to respond to urgent project ...

Director of Supply Chain

Ashley, OH · On-site

$185K - $210K/yr

This is cost strategy, contract leverage, value analysis, and capital discipline. Direct CFO partnership. You will work side-by-side with executive leadership on capital planning, cost containment ...

Cost Estimator

Los Angeles, CA · On-site

$140K - $170K/yr

Evaluate cost-estimating deliverables prepared by consultants for cost containment, accuracy ... Compile and analyze data on all factors that influence costs such as material, labor, equipment and ...

Evaluate cost-estimating deliverables prepared by consultants for cost containment, accuracy ... Compile and analyze data on all factors that influence costs such as material, labor, equipment and ...

Director of Supply Chain

Ashley, OH · On-site

$185K - $210K/yr

This is cost strategy, contract leverage, value analysis, and capital discipline. Direct CFO partnership. You will work side-by-side with executive leadership on capital planning, cost containment ...

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Cost Containment Analyst information

See salary details

$37K

$86.3K

$127.5K

How much do cost containment analyst jobs pay per year?

As of Jul 14, 2026, the average yearly pay for cost containment analyst in the United States is $86,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $100,500.00 per year, depending on experience, location, and employer.

What is a Cost Containment Analyst?

A Cost Containment Analyst is a professional who identifies, analyzes, and implements strategies to reduce expenses and improve efficiency within an organization, often in the healthcare or insurance industries. They review claims, billing processes, and operational workflows to find opportunities for cost savings without compromising quality or compliance. Their work may involve negotiating with vendors, auditing expenditures, and recommending process improvements. The ultimate goal is to help the organization control spending and maximize value.

How does a Cost Containment Analyst typically collaborate with other departments to achieve cost-saving goals?

Cost Containment Analysts frequently work alongside finance, operations, and procurement teams to identify areas for cost reduction without compromising quality or compliance. They analyze spending patterns, negotiate with vendors, and develop strategies that require input from various stakeholders. Regular meetings and clear communication are essential, as these analysts must align their recommendations with organizational objectives and ensure all departments understand and support new cost-saving initiatives.

What is the difference between Cost Containment Analyst vs Cost Analyst?

AspectCost Containment AnalystCost Analyst
CredentialsTypically requires a bachelor's degree in finance, accounting, or related fieldUsually requires a bachelor's degree in finance, accounting, or economics
Work EnvironmentWorks in healthcare, insurance, or corporate sectors focusing on controlling costsWorks across various industries analyzing and managing costs
Employer & Industry UsageCommon in healthcare, insurance, and large corporationsWidespread across manufacturing, finance, and corporate sectors

While both roles focus on financial analysis, a Cost Containment Analyst specializes in strategies to reduce expenses within specific industries like healthcare or insurance. A Cost Analyst generally performs broader cost analysis across various sectors. The roles overlap in skills and education but differ in industry focus and specific objectives.

What are the key skills and qualifications needed to thrive as a Cost Containment Analyst, and why are they important?

To excel as a Cost Containment Analyst, you need strong analytical abilities, knowledge of financial principles, and a degree in finance, business, or a related field. Familiarity with data analysis tools such as Excel, SQL, and financial modeling software, as well as experience with claims management systems, is often required. Attention to detail, problem-solving skills, and effective communication help analysts identify savings opportunities and convey recommendations to stakeholders. These competencies are vital for accurately assessing costs, implementing savings strategies, and supporting organizational financial health.
More about Cost Containment Analyst jobs
Infographic showing various Cost Containment Analyst job openings in the United States as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 86% Full Time, 6% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.
Lead Analyst, Healthcare Analytics

Lead Analyst, Healthcare Analytics

Molina Healthcare

Long Beach, CA • On-site

Full-time

Posted 18 days ago


Molina Healthcare rating

8.1

Company rating: 8.1 out of 10

Based on 193 frontline employees who took The Breakroom Quiz

134th of 281 rated insurance


Job description

JOB DESCRIPTION

Job Summary

Performs research and analysis of complex healthcare claims data, pharmacy data, and lab data regarding network utilization and cost containment information. Evaluates, writes, and presents healthcare utilization and cost containment reports and makes recommendations based on relevant findings.

KNOWLEDGE/SKILLS/ABILITIES

  • Develops, implements, and uses software and systems to support the department's goals.
  • Develops and generates ad-hoc and standard reports using SQL programming, SQL Server Reporting Services (SSRS), Medinsight, RxNavigator, Crystal Reports, Executive Dashboard, and other analytic / programming tools.
  • Coordinates and oversees report generation by team members and distribution schedule to ensure timely delivery to customers, ensuring the highest quality on every project/request. Responsible for error resolution, follow up and performance metrics monitoring.
  • Provides peer review of critical reports and guidance on programming / logic improvements; provides guidance to team members in their analysis of data sets and trends using statistical tools and techniques to determine significance and relevance.
  • Participate in and guide the design of large scale predictive and statistical models to predict future trends in cost, utilization, and performance. Guide team members on appropriate writing skills for executive summaries tailored to the audience.
  • Applies process improvements for the team's methods of collecting and documenting report / programming requirements from requestors to ensure appropriate creation of reports and analyses while reducing rework.
  • Manage the creation of comprehensive workflows for the production and distribution of assigned reports, document reporting processes and procedures.
  • Create new databases and reporting tools for monitoring, tracking, and trending based on project specifications.
  • Create comprehensive workflows for the production and distribution of assigned reports, document reporting processes and procedures.
  • Assist with research, development and completion of special projects as requested by various internal departments, or in support of requests from regulatory agencies, contracting agencies, or other external organizations.
  • Maintains SharePoint Sites as needed, including training materials and documentation archives.
  • Demonstrate Healthcare experience in Quantifying, Measuring and Analyzing Financial and Utilization Metrics of Healthcare.

JOB QUALIFICATIONS

Required Education

Bachelor's Degree in Finance, Economics, Computer Science

Required Experience

  • 6+ years of progressive responsibilities in Data, Finance or Systems Analysis   
  • Expert knowledge on SQL, SSRS and SSIS or similar tools                                                                                                            

Preferred Education

Bachelor's Degree in Finance, Economics, Math, or Computer Science

Preferred Experience

Preferred experience in Medical Economics and Strong Knowledge of Performance Indicators:

  • Proactively identify and investigate complex suspect areas regarding medical cost issues
  • Initiate in-depth analysis of the suspect/problem areas and suggest a corrective action plan
  • Apply investigative skill and analytical methods to look behind the numbers, assess business impacts, and make recommendations through use of healthcare analytics, predictive modeling, etc.
  • Analysis and forecasting of trends in medical costs to provide analytic support for finance, pricing, and actuarial functions
  • Multiple data systems and models
  • BI tools (ProClarity, MEd Insight, etc.,)

Preferred License, Certification, Association

QNXT or similar healthcare payer applications         

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.


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About Molina Healthcare

Sourced by ZipRecruiter

Molina Healthcare is a nationwide fortune 500 organization with a mission to provide quality healthcare to people receiving government assistance. If you are seeking a meaningful opportunity in a team-oriented environment, come be a part of a highly engaged workforce dedicated to our mission. Bring your passion and talents and together we can make a difference in the lives of others.

Industry

Health care and social assistance

Company size

10,000+ Employees

Headquarters location

Long Beach, CA, US

Year founded

1980

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