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Full-Time

BI Data Analyst

Posted on 5/24/2024

Talkspace

Talkspace

501-1,000 employees

Online therapy platform connecting clients with therapists

Social Impact
Healthcare

Compensation Overview

$115k - $140kAnnually

Senior

New York, NY, USA

Requires onsite presence in New York, NY for one to two days per week.

Category
Data Analysis
Data & Analytics
Required Skills
Python
SQL
Tableau
Marketing
Looker
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 3-5 years of experience in an analytical role with a strong finance focus
  • BA/BS in a quantitative field like statistics, applied mathematics, economics, computer science, or equivalent experience. An MBA is advantageous
  • Proficiency in SQL, python, and Excel / Google Sheets. Knowledge of dbt is a plus
  • Experience working in a public company and familiar with SOX compliance processes
  • Comfortable with statistics and data manipulation
  • Experience with data visualization software like Looker or Tableau
  • Strong communication skills with the ability to present data stories to diverse audiences
Responsibilities
  • Conduct thorough quantitative analyses to support financial and operational strategies
  • Develop and refine data visualizations that clearly communicate financial trends and forecasts to stakeholders
  • Collect analytical requirements, write database queries, and build automated reports for internal business stakeholders and external partners
  • Design and implement data-driven solutions that drive business outcomes and enhance operational efficiency while adhering to SOX controls
  • Work with a team of both technical and non-technical stakeholders to turn insight into action
  • Collaborate with the FP&A team to provide data-driven insights that support product development, provider network operations, commercial strategy, and marketing
  • Collaborate with finance and cross-functional teams to provide data-driven insights supporting product development, provider network operations, commercial strategy, marketing, and partnership initiatives/decisions

Talkspace connects individuals with licensed therapists through a secure online platform, making mental health support accessible for those who may struggle to attend in-person sessions. Users can choose from various subscription plans that offer services like unlimited messaging therapy, couples therapy, and tailored options for businesses. The platform includes assessments to help users find the right therapist match. Talkspace prioritizes user safety and confidentiality by being HIPAA compliant and using encrypted communication for all interactions. Unlike traditional therapy, Talkspace provides a flexible and convenient alternative, aiming to improve mental health care access for everyone.

Company Stage

IPO

Total Funding

$718.7M

Headquarters

New York City, New York

Founded

2011

Growth & Insights
Headcount

6 month growth

5%

1 year growth

11%

2 year growth

21%
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Simplify's Take

What believers are saying

  • The expansion into Medicare significantly broadens Talkspace's potential user base, tapping into a critical need for mental health services among seniors.
  • Partnerships with fitness and wellness platforms like FlexIt and FitOn create a holistic approach to mental and physical health, potentially increasing user engagement and satisfaction.
  • The launch of the Behavioral Health Consortium allows Talkspace to offer specialized care for higher acuity needs, enhancing its service depth and user retention.

What critics are saying

  • The competitive landscape of online therapy is growing, with new entrants and established players potentially eroding Talkspace's market share.
  • High turnover in key management positions, such as the recent appointment of a new CFO, can lead to strategic misalignments and operational disruptions.

What makes Talkspace unique

  • Talkspace's subscription-based model with unlimited messaging therapy offers a unique value proposition compared to traditional in-person therapy.
  • The platform's HIPAA compliance and encrypted communication ensure a high level of security and confidentiality, which is crucial for mental health services.
  • Strategic partnerships with organizations like Cigna and collaborations with fitness and wellness platforms like FlexIt and FitOn enhance its service offerings and market reach.

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