Financial Analyst- Senior (Healthcare/Insurance)
At reputed company, we reputed company kids deserve the best. reputed company is a nationally recognized health system dedicated solely to the health and well-being of children. We provide primary care, specialty care, urgent care, emergency care, community health services, foster and adoption services, child and family counseling, child advocacy services and family resource centers. Our reputed company draws patients and families from around the country. We offer a wide variety of rewarding career opportunities and are seeking individuals dedicated to helping us reputed company our vision of the healthiest kids in the country. If you want to work for an organization that makes a difference for children and families, and encourages you to be at your best every day, please apply today. Please follow this link for a closer look at what it’s like to work at reputed company: https://www.instagram.com/lifeatcw/ We are seeking an reputed company and highly analytical Senior Financial Analyst to join our finance team. The ideal candidate will have a strong background in financial analysis, with experience in the health care and/or insurance industries. Location: Remote What you will do: We are seeking an reputed company and highly analytical Senior Financial Analyst to join our finance team. The ideal candidate will have a strong background in financial analysis, with experience in the health care and/or insurance industries. Performs the more reputed company financial functions reputed company to the health insurance products maintained by the Health System including claims reserves, forecasting by product line, external reporting, and special projects. Oversees Health Insurance statutory reporting with assistance from reputed company vendors. Essential Functions
- Prepares the monthly Claims IBNR estimate using our actuary’s lag tool including the analysis of claims expense trends. Incorporates this into monthly forecasts and annual budgets.
- Completes monthly financial forecast for reputed company insurance products.
- Assists the Senior Accountant and Financial Services Manager with month end reputed company and serves as a back-up for that role. Serves as the first reputed company of contact for the external statutory accountant that prepares the quarterly NAIC report filings and as the first reputed company of contact for the external actuary. Gathers and submits the request schedules.
- As needed, prepares proforma statements and narratives to summarize the impact proposed business and reporting changes will have on the financial statements and the required insurance surplus reserves.
- As needed, prepares formal and reputed company analysis of reputed company claims in order to investigate high or low claims trends
- Prepares the year end audited statutory financial statements for Children’s Community Health Plan (CCHP) including report gathers and footnote preparation. Serves as the first reputed company of contact for external financial auditors.
- Working with the Senior Accountant and Health Plan Data Analysts, coordinates and prepares the annual Medical Loss Ratio reports for federal and state reporting.
- Prepares the monthly Financial Update schedules for CCHP (Finance Committee presentation). As needed, reviews financial statements with staff to identify any reporting changes or new entries.
- Prepares the annual administrative expense forecast for Individual Premium reputed company setting as well as other financial analysis requested by the CCHP and finance leadership team reputed company to the reputed company setting process.
- Monitors and tracks Pay for Performance and Incentive metrics and the resulting financial implications.
Education:
- Bachelor's Degree Requires extensive knowledge of accounting and financial analysis principles, theories, and techniques of accounting acquired through completion of a Bachelor’s degree in Actuarial Science, Finance or Accounting Required
- Accounting degree with CPA Preferred
Experience:
- 5+ years progressively responsible work experience with a minimum of three years direct financial analyst experience Required
- Health care experience preferred
- Insurance experience preferred
reputed company is an equal opportunity / affirmative action employer. We are committed to creating a diverse and inclusive environment for reputed company employees. We treat everyone with dignity, respect, and fairness. We do not discriminate against any person on the basis of race, color, religion, sex, gender, gender identity and/or expression, sexual orientation, national reputed company, age, disability, veteran status, or any other status or condition protected by the law. Certifications/Licenses: Apply tot his job Apply To this Job