{ "media_type": "text", "post_content": "Has anyone moved/looked into moving to healthcare (payor, provider, etc.)? Just started looking and disappointed by the low comp offers for manager/director levels. Is this just a low paying sector?", "post_id": "5db2490c1bddd00021ab2d9a", "reply_count": 22, "vote_count": 0, "bowl_id": "5ae4a4f739e7cb001391ec8b", "bowl_name": "Consulting Exit Opportunities" }

Has anyone moved/looked into moving to healthcare (payor, provider, etc.)? Just started looking and disappointed by the low comp offers for manager/director levels. Is this just a low paying sector?

Posting as :
works at
You are currently posting as works at

That’s pretty solid experience, SA1. With your current experience and mbb background, I would def aim for director. “Manager” in industry is not the same as at FAANG. I would not take a manager role if that’s all I can land, rather choosing to build more time and experience. Speaking only for payers, role and comp are both going to be dependent on a few things (knowing that industry comp is going to be lower vs. MBB/FAANG comp., except at very senior levels): (1) Where the company is in its journey - Optum (ahead of curve) vs. Anthem (transforming) (2) Size, financial wherewithal, visibility for role - big 5 vs. Blues (3) Function, need, urgency (4) Who your hiring manager is

like

With regard to the last point, know that industry traditionalists will not understand the multiplier value of consulting in terms of YOE. I would try to find an ex-MBB “sponsor” at VP or higher levels for counsel as well as to help shepherd you through the process. Either way you will need to go the extra mile on targeting and positioning your experience.

like

Btw I would also look at PE operations and startups (ton of VC money in the space currently).

like

Need more context. Yoe, type of role, types of prospective employers etc. In general, providers are def lower paying than payers. And depends on regional vs. national etc.

If you want to get paid decently you’d need to work for a big FP like Cigna/Cvs/United.

Ok gotya. Optum is a bit of an outlier I think. Way ahead of the pack. The blues pay based on need. Depends on yoe, type of work etc. Curious - so are you with Optum now or...?

A1, was told a Director at CVS/Aetna is capped at 160k base.

Not bad per se. SA1 - you have to elaborate on the context a little more if you want this to be meaningful. Yoe, type of role (functional area), type of employer etc.

SC1 and others who can weigh in, I‘ve been at MBB for ~2 years with payor focus for most of that time. But prior to consulting and MBA, ~5 years in healthcare policy. So safely 7 years of content-specific experience (i.e., not just general consulting/management toolkit). I’m looking at mainly payors and PBMs. Functionally, both strategy and core ops. Based on the background of hiring managers, I don’t think I’m mis-leveled at manager to director roles, but maybe I’m wrong here and should be pushing for more senior roles—wdyt? Assuming I’m looking at appropriate levels, I’m wondering if MBB overpays and/or payor industry underpays. Help me levelset expectations here, 🐠🐠🐠! TIA!

Related Posts

Any Canadians moved to US? Canada is a pretty great country with free health care, wondering if I am missing out...would love to hear your experience.

like

Senior, pregnant and worried about busy season because half the seniors in my practice quit in the past two months. Directors have said to seniors “brace yourself”. I am already stressed and high risk and off my ADHD meds and struggling a lot to get work done. Is it worth taking maternity leave early and “screwing over” my teams? I feel guilty. Doctor suggested to take medical leave if I am struggling. Need advice 😢

like

Thinking of going to bschool. What is the starting salary and guaranteed bonus for a senior consultant coming out of bschool at MBB vs Accenture Strategy vs Deloitte S&O?

like

Would transferring office midyear affect comp and bonus? I feel the answer is yes sadly

like

For 401k, Deloitte contributes 25 cents for every 1 dollar we contribute. Its matched upto 6% of our salary. How is it other big 4?

like

Salary for senior designer, 6yrs, nyc

like

Can vision insurance only be added during open enrollment, similar to regular health insurance? Is vision worth it?

like

Has anyone here dealt with adult ADHD? I have a few coping mechanisms that allow me to be high functioning but def deal with insecurities seeing my peerset so on the ball. Curious if any of us have dealt with mental health issues.

likehelpful

London is one of the most expensive places to live in the world. Why is the pay so bad?

likesmart

What are peoples opinions on work from home? It seems to be an unpopular opinion but as a junior I despise it. I work 3 feet from my bed, I find the barriers of a phone/email between me and a senior to add a huge amount of stress to my life and I think it’s stunting my career development at my firm because I can’t build relationships as effectively. I’ve never at all had mental health issues before but now am really starting to feel burnt out and anxious most of the time. What do you think?

like

Looking for senior Business Analyst for a technology consulting project (robotics process automation). Small fast paced team with great client, salary range 100-130k. CBP badge required (active is preferred, recent or equivalent clearance is OK too). DM me for details and job posting

like

Anyone know offhand if there are any good healthcare agencies in Portland OR?

like

Hey there fellow fish! DFIR firm seeking Forensic Leads. DM me if interested in a fast paced environment with amazing benefits and comp.

like

Hedge funders.. been in the industry for 3 bonuses so far without a down year. For my people that have been through a down year (not a get fired year), what happens to bonus? Is it 0?

like

Folks, recently moved to an employer who doesn't offer 401k match and I am considering a traditional IRA to rollover my ~75k 401k funds. Any bank recommendations which offers the best fee/rate compared to the benefits ? Potentially some level of wealth mgmt for a smaller fee compared to the $25 + expense ratios with fidelity??

like

2.5 YOE, offer for senior associate strategy / biz ops at late stage startup. tier 2 location (Austin, Chicago, Seattle), 100k base + 10% annual bonus + 50k worth in equity. Thoughts?

like

Q for consultant moms. How did you navigate your career post maternity leave/after the 1 year local project limit? Are projects more flexible with travel for mothers? Can any traveling moms comment?

My benefits page shows that the before tax contribution and Roth 401k contribution can both be matched by my company (up to 6%) which do I choose ? I thought Roth wasn't matched?

like

Salary negotiation tips / tactics?

like

Additional Posts

Desi folks - please don’t judge here as I am going through a lot in personal life. Going though a divorce and it is painful. Tried to post this in singles bowl but I am not comfortable with talking with anyone outside our desi culture. Need someone to talk and share. I am looking for companionship for now. Male 45 DMV . Any ladies that are in similar situation or need companionship, please DM. Just trying to see what next phase of life begins. 🙏

like

Any Canadians moved to US? Canada is a pretty great country with free health care, wondering if I am missing out...would love to hear your experience.

like

Do you see ageism still being a problem in 10-15 years in our industry? If so, what do you think are some good exit plans that don’t involve doing mediocre work in-house?

like

Anyone here plans to retire on real estate? I’m torn between continuing investing or fully starting to save cash to invest in second property and so on. Wondering if others have stopped investing aggressively to fully dedicate to buying real estate. How do people come to that decision? Real estate vs. market? Thoughts appreciated

like

Senior, pregnant and worried about busy season because half the seniors in my practice quit in the past two months. Directors have said to seniors “brace yourself”. I am already stressed and high risk and off my ADHD meds and struggling a lot to get work done. Is it worth taking maternity leave early and “screwing over” my teams? I feel guilty. Doctor suggested to take medical leave if I am struggling. Need advice 😢

like

Thinking of going to bschool. What is the starting salary and guaranteed bonus for a senior consultant coming out of bschool at MBB vs Accenture Strategy vs Deloitte S&O?

like

That feeling when you let one rip and then scramble to double check if Zoom is still muted... and it is

Post Photo
likefunny

I swear to god the maids at the Westin intentionally point that little handheld shower apparatus straight at you so when you turn on the shower...

like

Looking for a freelance copywriter to help out on launch campaign for a tech startup brand. Ideally DC-based, but open to remote. DM me!

like

Thoughts on the house reconciliation bill? Especially the immigration texts.. do you guys think it would pass?

like

What is bench policy of coforge ?

How do you all handle taking recruiter calls and interviews during the day when you work at an office with very few conference rooms? I wish more people would take calls before 9AM but alas...

Chase UR is migrating systems, so they might not be able to find recent rewards bookings. Ask for a specialist if you have that issue - saved me a lot of time!

likehelpful

Would transferring office midyear affect comp and bonus? I feel the answer is yes sadly

like

Does Delta do free upgrades to Comfort plus on trans-pacific flights?

like

Anyone else’s skin having one hell of a glow up lately? I’m thinking I might just give up make up for good after this WFH experiment

like

What would be the most useful certification for a generic data analyst to obtain for maximum exit opportunities?

like

Do most firms allow alternate weekend travel (eg. If it's cheaper to fly somewhere else than home for the weekend, then you can expense the entire flight cost)?

Should I get a job offer before applying to day 1 CPT or apply for the visa first and then start looking for jobs?

like

Folks that have been laid off in their careers, did you take a pay cut in your rebound role? How big and how'd you cope?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal