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Cost Containment Analyst Jobs (NOW HIRING)

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 ...

Senior Cost Manager

Midlothian, VA · On-site +1

$130K - $160K/yr

... and cost analysis to support efficient project delivery and alignment with project budgets. • ... containment • Acquires and evaluates historical and vendor cost data for the development of cost ...

... Cost Containment System Accountability, Community, Innovation, Leadership, Passion, Quality ... Management Analyst 3 Division of Managed Care (DMC) Job Location: Address: 150 North 18th Avenue ...

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 ...

Director of Pharmacy Services

Tampa, FL · On-site

$117K - $155K/yr

Direct clinical cost-containment strategies, analyze high-cost medication utilization, and establish protocols to reduce pharmacy waste and manage budgets across all locations. * Regulatory ...

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 ...

Showing results 41-60

Cost Containment Analyst information

See salary details

$37K

$86.3K

$127.5K

How much do cost containment analyst jobs pay per year?

As of Sep 2, 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.

What are the key skills and qualifications needed to thrive as a cost containment analyst?

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.

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.

More about Cost Containment Analyst jobs
Infographic showing various Cost Containment Analyst job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.

Workers Compensation Claims Analyst

Optimal Inc.

Chicago, IL • On-site

Contractor

Re-posted 26 days ago


Job description

Position Description:
Primary Workers' Compensation Claims Handler at the Plant with a focus on excellent customer service, quality claims handling, and loss cost management. Plant-based position. Analyze and process complex or technically difficult workers' compensation claims by investigating and gathering information to determine the exposure on the claim
Ability to handle a full case load, with proven ability to handle cases of increased severity.
Workers' Compensation Lost Time claim handling experience
Manage claims through well-developed action plans to ensure timely and cost-effective resolutions.
Calculate and assign timely and appropriate reserves to claims; manages reserve adequacy throughout the life of the claim.
Calculate and pay benefits due; approve and make timely claim payments and adjustments; and settle clams within designated authority level.
Prepare necessary state fillings within statutory limits.
Coordinate vendor referrals for additional investigation and/or litigation management.
Use appropriate cost containment techniques including strategic vendor partnerships to reduce overall cost of claims.
Manage claim recoveries, including but not limited to: subrogation, Second Injury Fund excess recoveries and Social Security and Medicare offsets.
Report claims to the excess carrier.
Communicate claim activity and processing with the claimant and the client.

Skills Required:
Claims, Customer Service

Experience Required:
3-5 years of Illinois Workers' Compensation claims management experience

Education Required:
High School Diploma / GED

Full Onsite