Financial Analyst

Financial Analyst


Financial Analyst

Details of the offer

At WellCare, we are a passionate team with a strong mission and a focused purpose: to serve our members and communities in which they live while helping them live better, healthier lives. Our culture is one of empowerment, teamwork and commitment as we all work together to deliver cost:effective solutions that create positive outcomes for our members. Join us a career that inspires passion and purpose across all levels and disciplines within our award:winning organization.

Position leads in the development of complex ad:hoc repots to enable process and trend analysis. Provides recommendations on the implementation of new/revised operational and/or reporting processes. Conducts special projects requiring a high degree of confidentiality and expert knowledge of multiple departments within the company. May provide project guidance and leadership to other Analysts.

Department: Finance : Health Analytics

Reports to: Sr. Director, Health Analytics

Location: Henderson Rd (Ren 1)

Essential Functions:
Develops ad:hoc reports to conduct data analysis and validation. Researches methodologies and conducts advanced metric reporting. Analyzes trends to recommend process and/or operational improvements. Provides analysis of medical cost trends/drivers associated with the monthly MBR reporting in conjunction with the release of the monthly reports. Provides analysis of material changes in MBR levels from month to month in conjunction with the release of the monthly reports and provides reliable and accurate MBR reporting. Links MBR reporting (recast) and financial forecast results. Works with the technical team to identify/implement improvements in quality control/timeliness of reporting. Works with the business owners to help markets understand their financial information. Prepares detail and summary level reports including written interpretation of analytic results. Presents results to management, including data:driven business recommendations and alternatives. Evaluates financial impact of implemented initiatives. Contributes to cross:functional teams to address key issues facing the organization. Collaborates within finance (Actuarial/Accounting/Planning) to provide historical and prospective unit cost, utilization and other medical cost initiatives as critical inputs to the financial forecasting and monitoring process. Builds expertise in specific areas of medical cost management. Leverage the expertise across other markets and regions. Coordinates and participates in research:related activities including industry best:practices, research and development of models, tools, and data analysis projects, and experience studies. Performs other duties as assigned. Provides expertise to assist with implementation of process changes necessary to improve the quality and accuracy of data captured by the system. Additional Responsibilities:
Candidate Education: Required A Bachelors Degree in Information Systems/Management, Computer/Data Science, Statistics, Mathematics, Informatics, Business, Economics, or a closely related analytic field Required Other an additional 2 years of Financial/Data Analysis may be substituted in lieu of the bachelors Degree Candidate Experience: Required 2 years of experience in Financial/Data Analysis Preferred Other healthcare experience Candidate Skills: Advanced Demonstrated written communication skills Advanced Demonstrated interpersonal/verbal communication skills Advanced Ability to multi:task Advanced Ability to work in a fast paced environment with changing priorities Advanced Ability to effectively present information and respond to questions from families, members, and providers Advanced Ability to identify basic problems and procedural irregularities, collect data, establish facts, and draw valid conclusions Advanced Demonstrated time management and priority setting skills Licenses and Certifications:
A license in one of the following is required:
Technical Skills: Required Intermedi

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